First Busey Corporation

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First Busey Corporation

• Howe Barnes Hoefer Arnett Inc.
• 13th Annual Bank Conference
• August 2008
• Van A. Dukeman, President and CEO
• Barbara J. Harrington, CFO
• David D. Mills, EVP
• Douglas C. Mills, Chairman

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• FORWARD LOOKING STATEMENTS
•  
• This presentation may contain, forward-looking
  statements within the meaning of the Private
  Securities Litigation Reform Act of 1995 with
  respect to the financial condition, results of
  operations, plans, objectives, future performance
  and business of First Busey.  Forward-looking
  statements, which may be based upon beliefs,
  expectations and assumptions of First Buseys
  management and on information currently available
  to management, are generally identifiable by the
  use of words such as believe, expect,
  anticipate, plan, intend, estimate,
  may, will, would, could, should or
  other similar expressions.  Additionally, all
  statements in this presentation, including
  forward-looking statements, speak only as of the
  date they are made, and we undertake no
  obligation to update any statement in light of
  new information or future events. A number of
  factors, many of which are beyond our ability to
  control or predict, could cause actual results to
  differ materially from those in its
  forward-looking statements.  These factors
  include, among others, the following (i) the
  strength of the local and national economy
  (ii) the economic impact of any future terrorist
  threats or attacks (iii) changes in state and
  federal laws, regulations and governmental
  policies concerning First Buseys general
  business (iv) changes in interest rates and
  prepayment rates of First Buseys assets
  (v) increased competition in the financial
  services sector and the inability to attract new
  customers (vi) changes in technology and the
  ability to develop and maintain secure and
  reliable electronic systems (vii) the loss of
  key executives or employees (viii) changes in
  consumer spending (ix) unexpected results of
  acquisitions (x) unexpected outcomes of existing
  or new litigation involving First Busey and
  (xi) changes in accounting policies and
  practices.  These risks and uncertainties should
  be considered in evaluating forward-looking
  statements and undue reliance should not be
  placed on such statements.  Additional
  information concerning First Busey and its
  business, including additional factors that could
  materially affect our financial results, is
  included in First Buseys filings with the
  Securities and Exchange Commission.

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Who we are
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First Busey Profile

• Financial services company offering personal and
  business banking, financial planning
  investments, remittance processing.
• Inside Ownership
• Directors/Executives 30.4
• Associates ESOP/PSP 8
• NASDAQ BUSE
• Market capitalization as of 8/11/08 586.5M
• Diversified Revenue and Earnings

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First Busey Corporation
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Why Busey?
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Why Busey?

• Diversified earnings stream
• Geographic line of business
• Primary market area - Downstate IL
• Dominant market share
• Stable economic drivers
• Community banking model
• Centralized credit process
• Consistent performance
• The Busey brand our people

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Diversified Earnings Stream
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Busey Footprint
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• Trust, asset management, retail brokerage, and
  insurance products and services
• Approximately 4 billion in assets under care
• Market Opportunities
• Leverage opportunities in SW Florida
• Wealth transfer to next generation

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FirsTech, Inc.

• Electronic Payment Processing
• Revenue Growth
• YTD June 2008 6.0M
• Market Opportunities...
• Global Insight, Inc. predicts 13 to 21
  compound rate of growth in electronic payment
  processing over next five years
• Unbanked community
• Missouri expansion

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• Busey Bank, Champaign, Illinois
• 3.8 billion in total assets
• 45 banking centers in Downstate Illinois
• Banking center in Indianapolis, Indiana
• LPO in Fort Myers, Florida
• Busey Bank N.A.,Fort Myers, Florida
• 461 million in total assets
• 9 banking centers in Southwest Florida

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Revenue Mix
Revenue contribution as a percentageof gross
revenues
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Loan Mix 3.2 Billion
Illinois/Indiana Loans 76 Florida Loans 24
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Deposit Mix3.2 Billion
Illinois/Indiana Deposits 89 Florida Deposits
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Stable Economic Drivers in Central Illinois
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Primary Markets

• 76 of loan portfolio generated in markets with
  solid economic drivers
• Agribusiness
• Education
• Healthcare
• Insurance
• Net Exports

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Florida Market

• 24 of loan portfolio generated in markets with
  weak economic drivers
• High foreclosure rates
• High unemployment
• Declining property values

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Our Response in Florida

• Executive leadership presence in Florida
• Tightened underwriting standards
• Centralized credit approvals
• Significant additions to reserve levels
• Implemented enhanced loss mitigation strategies
  with customers
• Enhanced collateral position rate and term
  modification lengthened amortization
• Reduction of retained mortgage interest
• Lender commitment to existing customers and to
  minimizing problem loans

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Our Performance
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Diluted Earnings Per Share
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Dividends Per Share
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Efficiency Ratio
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First Busey CorporationAsset Quality
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First Busey CorporationAsset Quality
(in Millions)
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Capital Ratiosas of June 30, 2008
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The Busey Brand Our People
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The Busey Promise
Service excellence model Customers at the core.
Average Tenure 8.5 Years
Core
Our Mission To provide the knowledge
and convenience to fulfill our
customers financial needs.
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Where we are going
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Strategic Initiatives2008-2009

• Further operating efficiencies
• Examining benefits of single bank charter
• Focus on asset quality
• Analyze capital needs
• Uses of capital
• Organic External Dividends Stock repurchase

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Questions Answers