Financial Institutions(FISI) - 2023 Q2 - Earnings Call Presentation

Financial Performance - Net income available to common shareholders was $140 million in 2Q '23, compared to $153 million in 2Q '22[27] - Net interest income (NII) was $423 million in 2Q '23, up 18% from 2Q '22[28] - Noninterest income was $115 million in 2Q '23, up 09% from 2Q '22[28] - Total loans reached $440 billion, reflecting an increase of 168% from June 30, 2022[17] - Total deposits were $503 billion, up 44% from one year prior[22] Asset Quality - Annualized net charge-offs (NCOs) to average loans for the current quarter was 006%[4, 22] - Non-performing loans to total loans was 023%[22] - Non-performing assets to total assets was 016%[22] Strategic Initiatives - The company is well-positioned for growth in Buffalo and Rochester[3] - Launched commercial lending platforms in Baltimore, MD in early 2022 and in Syracuse, NY in early 2023[3] - Banking-as-a-Service (BaaS) presents additional fee-based revenue opportunities[10]