FIRST BUSEY CORP /NV/

For the period ended Mar 31, 2025. Filed May 9, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 9, 2025

BUSE$29.15+1.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Portfolio Composition

The composition of Busey’s loan portfolio as of the dates indicated, as well as changes in portfolio loan balances, were as follows:

	As of
(dollars in thousands)	March 31,2025	December 31,2024	Change	% Change
Commercial loans
C&I and other commercial	$4,513,543	$1,904,515	$2,609,028	137.0%
CRE	5,573,766	3,269,564	2,304,202	70.5%
Real estate construction	1,051,179	378,209	672,970	177.9%
Total commercial loans	11,138,488	5,552,288	5,586,200	100.6%
Retail loans
Retail real estate	2,245,705	1,696,457	549,248	32.4%
Retail other	484,164	448,342	35,822	8.0%
Total retail loans	2,729,869	2,144,799	585,070	27.3%
Total portfolio loans	13,868,357	7,697,087	6,171,270	80.2%
ACL	(195,210)	(83,404)	(111,806)	134.1%
Portfolio loans, net of ACL	$13,673,147	$7,613,683	$6,059,464	79.6%

Total portfolio loans totaled $13.87 billion at March 31, 2025, compared to $7.70 billion at December 31, 2024. Busey Bank’s portfolio loans grew by $133.6 million during the first quarter of 2025, with growth centered in the commercial category. In addition, as of March 31, 2025, CrossFirst Bank added $6.04 billion in loans to Busey’s loan portfolio. As has been Busey’s practice, the Company remains steadfast in its conservative approach to underwriting and disciplined approach to pricing, particularly given Busey’s outlook for the economy in the coming quarters.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.