Heartland Financial USA(HTLF) - 2023 Q3 - Earnings Call Presentation

3.40% 3.23% 5.56% 3.67% 3.86% 3Q2022 4Q2022 1Q2023 2Q2023 3Q2023 Note: Cycle beta starting point 1Q2022 Note: Beta is defined as the change in deposit cost of funds rate divided by the change in Fed Funds rate - over the same time period 1. On a fully tax equivalent basis; See appendix for reconciliation of non-GAAP financial measures 2. Non Customer Deposits include Wholesale deposits, Institutional deposits, and Brokered CDs ▪ Loan yields increased 30 bps Deposit Funding Attractive Customer Deposit Costs ...