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FIRST BUSEY CORP /NV/

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

View on SEC.gov

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.

Jun 30, 2026 · Filed Aug 6, 2026

BUSE$28.63-0.1%Stored close · as of Nov 6, 2026

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

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Contents

Concentration of Credit Risk

As a matter of policy and practice, Busey limits the level of concentration exposure in any particular loan segment with the goal of maintaining a well-diversified loan portfolio. The following table presents the percentage of total portfolio loans for each lending activity:

As of
June 30,2026December 31,2025
Commercial loans
C&I and other commercial30.0%31.2%
CRE41.3%40.9%
Real estate construction7.8%7.6%
Total commercial loans79.1%79.7%
Retail loans
Retail real estate16.0%15.9%
Retail other4.9%4.4%
Total retail loans20.9%20.3%
Total portfolio loans100.0%100.0%

Busey Bank originates loans across its regional operating model and through its specialty product lines, as described below:

East – Suburban Chicago markets and southwest Florida

Midwest – Central Illinois, the St. Louis MSA, and Indianapolis, Indiana

Central – The Kansas City MSA, central Kansas, and Oklahoma

Texas – The Dallas-Fort Worth MSA

West – Colorado, New Mexico, and Arizona

Verticals – Busey’s Life Equity Lending, Structured Finance, Energy Banking, and SBA Lending products

The distribution of Busey Bank loans outstanding that were originated in each of these markets is presented in the tables below:

As of June 30, 2026
(dollars in thousands) · C&I and other commercial · CRE · Real estate construction · Retail real estate · Retail other · Total
Loans by region of origination
East$679,467$1,163,807$124,172$524,533$57,140$2,549,119
Midwest1,192,0762,043,519318,3101,033,7719,7544,597,430
Central561,900778,095185,991363,2307,2111,896,427
Texas558,743734,105215,011106,579121,614,450
West248,942579,269166,24277,1392481,071,840
Verticals718,869153,98617,34311,108564,5821,465,888
Total portfolio loans$3,959,997$5,452,781$1,027,069$2,116,360$638,94713,195,154
ACL(164,204)
Portfolio loans, net of ACL$13,030,950

First Busey Corporation(BUSE) | 2026 Q2 — 82

As of December 31, 2025
(dollars in thousands) · C&I and other commercial · CRE · Real estate construction · Retail real estate · Retail other · Total
East$658,068$1,173,323$86,972$521,515$79,430$2,519,308
Midwest1,281,2832,078,637294,2671,070,3957,6544,732,236
Central621,370828,888206,332359,06213,2202,028,872
Texas592,692786,899276,881110,7463,2151,770,433
West244,347525,820155,01780,5584831,006,225
Verticals831,448156,45119,82012,340490,6661,510,725
Total portfolio loans$4,229,208$5,550,018$1,039,289$2,154,616$594,66813,567,799
ACL(174,023)
Portfolio loans, net of ACL$13,393,776
  1. In 2026, Busey moved all of its banking centers in the St. Louis MSA from its East region to its Midwest region. In addition, Busey adjusted its methodology for allocation of purchase accounting, loan fees, and clearings. For comparative purposes, the table above reflects these changes applied to Busey’s 2025 loan balances.

Commercial Real Estate Loans

CRE loans comprised 41.3% of Busey’s total loan portfolio as of June 30, 2026, and CRE properties were 26.3% owner occupied. Owner occupied commercial real estate is generally dependent on the performance of the borrowers’ businesses, whereas non-owner occupied commercial real estate is generally reliant on property cash flows generated by third-party tenants.

As of
(dollars in thousands) · June 30, 2026 · December 31, 2025
CRE by Occupancy
Non-owner occupied CRE$4,019,51773.7%$4,118,36174.2%
Owner occupied CRE1,433,26426.3%1,431,65725.8%
CRE$5,452,781100.0%$5,550,018100.0%

First Busey Corporation(BUSE) | 2026 Q2 — 83

CRE loans are made across a variety of industries, as depicted in the table below. Balances reflected in the table below do not include loan origination fees or costs, purchase accounting adjustments, SBA discounts, or negative escrow amounts.

As of June 30, 2026
CRE Loans · Occupied By · % of CRE Loans That Are Owner Occupied
(dollars in thousands) · Non-Owner · Owner
Industrial and warehousing$1,227,535$724,537$502,99841.0%
Apartments867,891867,704187—%
Retail814,433709,038105,39512.9%
Traditional office682,112466,099216,01331.7%
Specialty534,152205,969328,18361.4%
Hotel334,436310,34024,0967.2%
Medical office290,682145,217145,46550.0%
Student housing262,144262,029115—%
Restaurant151,04337,328113,71575.3%
Senior housing136,207132,2363,9712.9%
Self-Storage109,884105,5584,3263.9%
Nursing homes46,80845,4501,3582.9%
Healthcare20,11720,0001170.6%
Group homes4,9093,5201,38928.3%
Land acquisition and development90—90100.0%
Other81036744354.7%
Total$5,483,253$4,035,392$1,447,86126.4%
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.