Filed by First Foundation Inc.

pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12 under the

Securities Exchange Act of 1934

Subject Company: TGR Financial, Inc.

(Commission File No. 333-258069)

July 2021 INVESTOR PRESENTATION

This presentation and the accompanying oral commentary contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "outlook," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." The forward-looking statements in this presentation and any accompanying oral commentary are based on current information and on assumptions that we make about future events and circumstances that are subject to a number of risks and uncertainties that are often difficult to predict and beyond our control. As a result of those risks and uncertainties, our actual financial results in the future could differ, possibly materially, from those expressed in or implied by the forward-looking statements contained in this presentation and any accompanying oral statements and could cause us to make changes to our future plans. Those risks and uncertainties include, but are not limited to the risk of incurring credit losses, which is an inherent risk of the banking business; the negative impacts and disruptions resulting from the COVID-19 pandemic on our colleagues, clients, the communities we serve and the domestic and global economy, which may have an adverse effect on our business, financial position and results of operations; the risk that we will not be able to continue our internal growth rate; the performance of loans currently on deferral following the expiration of the respective deferred periods; the risk that we will not be able to access the securitization market on favorable terms or at all; changes in general economic conditions, either nationally or locally in the areas in which we conduct or will conduct our business; risks associated with the Federal Reserve Board taking actions with respect to interest rates, which could adversely affect our interest income and interest rate margins and, therefore, our future operating results; the risk that the performance of our investment management business or of the equity and bond markets could lead clients to move their funds from or close their investment accounts with us, which would reduce our assets under management and adversely affect our operating results; the risk that we may be unable or that our board of directors may determine that it is inadvisable to pay future dividends; risks associated with changes in income tax laws and regulations; and risks associated with seeking new client relationships and maintaining existing client relationships. Further, statements about the potential effects of the proposed acquisition of TGR Financial on our business, financial results, and condition may constitute forward-looking statements and are subject to the risk that the actual effects may differ, possibly materially, from what is reflected in the forward-looking statements due to factors and future developments which are uncertain, unpredictable and in many cases beyond our control, including the possibility that the proposed merger does not close when expected or at all because required regulatory, shareholder or other approvals, financial tests or other conditions to closing are not received or satisfied on a timely basis or at all; changes in our or TGR Financial's stock price before closing, including as a result of each company’s financial performance prior to closing or transaction-related uncertainty, or more generally due to broader stock market movements, and the performance of financial companies and peer group companies; the occurrence of any event, change or other circumstance that could give risk to the right of one or both of the parties to terminate the merger agreement; the risk that the benefits from the proposed merger may not be fully realized or may take longer to realize than expected or be more costly to achieve, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which we and TGR Financial operate; our ability to promptly and effectively integrate the companies’ businesses; reputational risks and the reaction of the companies' customers, employees and counterparties to the proposed merger; diversion of management time on merger-related issues; lower than expected revenues, credit quality deterioration or a reduction in real estate values or a reduction in net earnings; and that the COVID-19 pandemic, including uncertainty and volatility in financial, commodities and other markets, and disruptions to banking and other financial activity, could harm our or TGR Financial's business, financial position and results of operations, and could adversely affect the timing and anticipated benefits of the proposed merger. Additional information regarding these and other risks and uncertainties to which our business and future financial performance are subject is contained in our 2020 Annual Report on Form 10-K for the fiscal year ended December 31, 2020 that we filed with the SEC on February 26, 2021, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 that we filed with the SEC on May 7, 2021, and other documents we file with the SEC from time to time. We urge recipients of this presentation to review those reports and other documents we file with the SEC from time to time. Also, our actual financial results in the future may differ from those currently expected due to additional risks and uncertainties of which we are not currently aware or which we do not currently view as, but in the future may become, material to our business or operating results. Due to these and other possible uncertainties and risks, readers are cautioned not to place undue reliance on the forward-looking statements contained in this presentation, which speak only as of today's date, or to make predictions based solely on historical financial performance. We also disclaim any obligation to update forward-looking statements contained in this presentation or in the above-referenced reports, whether as a result of new information, future events or otherwise, except as may be required by law or NASDAQ rules. Additional Information About the Merger and Where to Find It This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. Investors and security holders are urged to carefully review First Foundation's public filings with the SEC, including but not limited to its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, proxy statements and Current Reports on Form 8-K. The documents are filed with the SEC and may be obtained free of charge at www.sec.gov, at First Foundation's website at firstfoundationinc.com under the "Investor Relations" link, or writing First Foundation at 18101 Von Karman Ave., Suite 700, Irvine, CA 92612; Attention: Kevin Thompson. ln connection with the proposed merger transaction, First Foundation filed with the SEC a registration statement on Form S-4 that includes a joint proxy statement of First Foundation and TGR Financial, and a prospectus of First Foundation, which are referred to as the joint proxy statement/prospectus, as well as other relevant documents concerning the proposed transaction. Before making any voting or investment decision, investors and security holders are urged to carefully read the entire registration statement and joint proxy statement/prospectus, as well as any amendments or supplements to these documents, because they contain important information about the proposed transaction. A definitive joint proxy statement/prospectus will be sent to the shareholders of First Foundation and TGR Financial seeking required shareholder approvals. Investors and security holders will be able to obtain the registration statement and the joint proxy statement prospectus, and any other documents First Foundation files with the SEC free of charge as described in the preceding paragraph. First Foundation, TGR Financial, their directors, executive officers and certain other persons may be deemed to be participants in the solicitation of proxies from First Foundation and TGR Financial shareholders in favor of the approval of the transaction. Information about the directors and executive officers of First Foundation and their ownership of First Foundation common stock is set forth in the proxy statement for First Foundation's 2021 annual meeting of stockholders, as previously filed with the SEC. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the joint proxy statement/prospectus regarding the proposed merger. Non-GAAP Financial Measures This presentation contains both financial measures based on GAAP and non-GAAP based financial measures, which are used when management believes them to be helpful in understanding the Company’s results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the Company’s press release as of and for the quarter ended June 30, 2021. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Safe Harbor Statement 1

A Multi-Diversified Regional Financial Services Company with a Personal Touch $5.3 Billion in Assets Under Management $7.9 Billion in Assets COMPANY TRUST SERVICES PERSONAL BANKING PRIVATE BANKING BUSINESS BANKING PRIVATE WEALTH MANAGEMENT Data as of June 30, 2021. Four States: CA, TX, NV, and HI 527 Employees, 22 Branch/Office Locations CORE BUSINESS TARGET CLIENTS BUSINESS OWNERS REAL ESTATE INVESTORS SMALL AND MEDIUM BUSINESSES HOAs, MSRs, 1031 EXCHANGES, TITLE AND ESCROW COMPANIES LOCAL MUNICIPALITIES HIGH NET WORTH INDIVIDUALS MULTI-GENERATIONAL FAMILIES CORPORATE EXECUTIVES NONPROFITS Focus on providing exceptional service Complementary services $1.2 Billion in Trust Assets Under Advisement Scale with a proven business model 2 NASDAQ: FFWM

3 Diversified Commercial Lending Diversified commercial lending with 28% of loans(1) comprised of commercial term loans, revolving lines of credit, public financing, and equipment leasing. C&I originations of 39% of the total for 2Q21 YTD representing a 47% increase year over year. Mature commercial real estate offerings with 51%(1) of total loans in multifamily. Deep relationships with our multifamily borrowers with over 72% of originations in 2Q21 YTD sourced directly from borrowers (no broker involvement). Core Deposit Funding Strong base of core deposits with over 98% attributable to core, non-wholesale deposits. 74% of core deposit base is made up of commercial business deposits with 46% in non-interest bearing. Our commercial deposit services channel of 49% of deposits offers complex treasury management services exclusively to a variety of large commercial clients. Commercial deposit services customers include mortgage servicers, HOAs, 1031 exchange accommodators, property management, contractor retention, among many others. Certificates of deposits only account for 10% of deposits and wholesale deposits are down to 2%. Complementary Wealth Management and Trust Offering Advisory and trust fees diversify revenue with 16% from recurring noninterest income(2) in 2Q21 YTD. Record pre-tax profit margin for Advisory and Trust divisions of 23% in 2Q21 and 19% 2Q21 YTD. Solid year-over-year client growth, 100% organic growth. Ability to retain clients using trust solutions and estate planning. Diversified client acquisition model from key internal and external referrals and centers of influence. Consistent Profitability Past investments paying off with strong ROAA of 1.32% and ROATCE of 15.8% in 2Q21 YTD. Extremely efficient operations with efficiency ratio of 49.3% in 2Q21 YTD. NIM of 3.20% in 2Q21 (3.18% 2Q21 YTD) driven largely by a reduction in deposit costs to 0.18% in 2Q21. Commercial Banking at Our Core First Foundation is a full-service regional commercial bank offering robust business and consumer banking in addition to a full suite of wealth management and trust solutions for our clients Excludes loans held for sale. Excludes gain on sale of loans.

4 Strong Regional Presence 22 branch offices located in four states: CA, TX, NV, and HI Headquartered in Dallas, TX Recent announced expansion to South West Florida with the acquisition of TGR Financial HQ’d in Naples, FL Seeking expansion to attractive markets with positive demographic trends and business friendly environments Located in Expanding and Affluent Markets Average household income of $80k versus overall U.S. market of $57k(1) Over 3.5x the average branch deposit growth in our footprint over the past 5 years 82% in our footprint versus 23% nationwide(2) Outsized population growth in markets with large market share(1)(3) Riverside-San Bernardino-Ontario, CA: 4.0% Sacramento-Roseville-Folsom, CA: 4.7% Las Vegas-Henderson-Paradise, NV: 9.8% Exceptional historical and projected population growth in new target markets(1) Dallas-Fort Worth-Arlington, TX (Historical): 8.6%(3) Dallas-Fort Worth-Arlington, TX (Projected): 7.5%( 4) Naples-Marco Island, FL (Historical): 10.2%( 3) Naples-Marco Island, FL (Projected): 7.0%( 4) Source: SNL Financial; Claritas LLC; FDIC branch reports from SNL Financial; Company Reports As of May 2021. As of latest FDIC branch report dated September 2020. 5 year historical. 5 year projected. Presence in the Fastest Growing MSAs in the Country

Attractive Markets Two-tiered approach to market entry and presence. Establish a strong presence in affluent and expanding markets Dallas-Fort Worth Metroplex, TX Naples-Marco Island, FL (Pending Acquisition on TGR Financial) West Los Angeles and Pasadena, CA Palos Verdes and the South Bay, CA Orange County, CA San Diego, CA Indian Wells and Palm Springs, CA San Francisco, CA Sacramento, CA Las Vegas, NV Honolulu, HI Obtain market share in secondary and stable markets(1) Lucerne Valley: 100% Running Springs: 100% Big Bear Lake: 30.4% El Centro: 7.8% Auburn: 3.4% Source: SNL Financial; Company Reports 1. As of latest FDIC branch report dated September 2020. Significant opportunities for entire suite of services Focus on deposits as the bank of choice in local region 5

Serving Clients Across Generations Educate + Protect BUILD “Millennials” Plan + Build GROW “Gen X” Consume + Distribute ENJOY “Boomers” Solutions for every stage in the financial journey Focused Consumer, Real Estate, and Commercial Lending SBA & Small Business Small Balance Business Equipment Finance Owner Occupied Real Estate Multifamily Investor Owned Real Estate Construction Private Wealth Management Wealth Planning & Advisory Investment Management Business Succession Philanthropy Services Corporate Trustee Nevada Asset Protection Trust Personal and Business Banking Checking and Savings Accounts Money Market Accounts Certificate of Deposits (CDs) Digital Account Opening and Support Mobile Banking Full Suite of Treasury Management Offerings Primary Single Family Rental Single Family Home Equity Lines of Credit Personal Lines of Credit Solutions to serve both the boomers and the next gen. Expertise on multi-generational gifting strategies and setting up the next gen up for financial success. 6 Well Positioned to Facilitate The Great Wealth Transfer 45 million U.S. households will pass a mind-boggling $68 trillion ($48 trillion from Boomers alone) to their children — the biggest generational wealth transfer ever.* *According to report by Cerulli Associates

Technology Driving Efficiencies and Enhancing Client Experience 7 Core Technology Tech Driving Process Efficiencies Client Experience Tech Enhancing the Client Experience Existing Strong Foundation in Place Today Latest Fiserv Core Baking system: Precision Data warehouse / CRM – marketing and client data mining Deep integrations with loan origination systems and core AI automating workflows to drive efficiency Technology-enhanced compliance tracking Digital banking processes with open APIs Dedicated to the strictest security measures Peer-to-peer payments through Zelle® Digital signature capture for lending and deposit products Automated online deposit account opening and delivery Industry-leading commercial business banking online Automated account switching solution to move new customer direct deposits and bill pay to bank Enhancements Made / Planned in 2021 Upgraded to Orion, state-of-the-art enterprise investment software platform for wealth management clients Deep integration between trust accounting and portfolio management systems New single family loan origination system New commercial loan origination system upgrades New mobile and desktop consumer banking applications Digital wallet New client portal for wealth management clients Digital asset banking (crypto-friendly bank) Rewards deposit accounts Traditional Banking Services With the Same Features as a Fintech Nationally recognized for our investment to drive innovation Key Partners

Brand Awareness Using Digital Channels 1) SEMRush, week of July 6, 2021; based on all internet traffic; does not include paid search; does however include all website traffic, not just those of banks and financial services companies. Focused on 50-60 key terms related to our business. Ranked consistently in Top 20 nationally for high-value search phrases. 1. AWARE-NESS Search Engine Optimization Building awareness without paid advertising by ranking highly for relevant search phrases on Google. 2. ENGAGE-MENT Social Media Presence on major social networks Engaged community of followers Affinity towards brand and culture Increased LinkedIn Page Views Over Time 3. DELIVERY Content Marketing Valuable content sourced by in-house and third-party writers Provides education; Fosters interest Boosts SEO; Generates leads Key Content Topics Frequency Investment Commentary 4 / year Market Alerts 2–4 / year The Week Ahead 50 / year Wealth Planning 4–6 / year Cyber Security 4 / year Nov 2018 – June 2021 8 Sample Search Phrases (note: rankings fluctuate daily) National Rank 1 “Wealth planning” 1 “What is wealth planning” 1 “Apartment lending” 3 “Multifamily lending” 5 “Owner occupied real estate financing” 6 “Private Wealth Management” 10 “What is personal banking” 12 “Online savings” 18 Digital brand awareness significantly reduces the cost of new client acquisition

Loans 9

Loan growth has been achieved while maintaining credit discipline. Over $2.5 billion of loans sold since beginning of 2016, not included in CAGR. Consistently low non-performing assets. Loan Growth Driven by Experienced Lending Team Gross Loans ($ in millions) 10 $2,807 $3,818 $4,801 $5,051 $5,309 $6,011 YE 2016 YE 2017 YE 2018 YE 2019 YE 2020 2Q21

FFB able to obtain scale and efficiencies of a larger origination platform due to consistent ability to sell loans. Proven ability to manage portfolio mix. Deep relationships with multifamily borrowers with 72% of originations 2Q21 YTD sourced directly from borrowers (no broker involvement). A third straight record of quarterly originations in 2Q21 of $1.1 billion at a weighted average rate of 3.35% (3.37% excluding PPP) compared to 3.35% (3.55% excluding PPP) in 1Q21. Strong Originations Plus Consistent Loan Sales Originations ($ in millions) $2.5Bn in Loan Sales 11 Loan Sales ($ in millions) 39% Growth $1,771 $1,722 $1,844 $1,932 $2,493 $1,364 $1,898 $306 $453 $676 $551 $553 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD 2016 2017 2018 2019 2020

Loan Portfolio by Asset Class $6,011 Total Loans 2Q21 Yield on Loans: 3.88% 12 Multifamily , $2,826 , 47% Commercial Business , $1,533 , 25% Single Family , $813 , 14% Loans Held for Sale , $498 , 8% CRE Investment , $275 , 4.6% Land and Construction , $57 , 1% Consumer , $10 , 0% 2Q21 ($ in millions)

C&I platform provides continued diversification to the bank’s loan originations. Strong quarter of C&I originations in 2Q21 of $336 million contributed to another record quarter for overall bank originations. C&I originations up to 39% of the total for 2Q21 YTD representing a 47% increase in origination balances compared to 2Q20 YTD. Strong Growth in Commercial Business Originations 13 (1) Includes $171 million in PPP loans. Includes $56 million in PPP loans. (2) (2) (1) $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Loan Origination Composition Trend ($ in millions) Commercial Business Multifamily CRE Investment Single Family 47% Growth 37% 39% 55% 55% 6% 5% 1% 0% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2Q20 YTD 2Q21 YTD Increased Commercial Business Originations Commercial Business Multifamily CRE Investment Single Family

Diversified Commercial Business Portfolio No Sector comprises more than 20% of the portfolio. No individual sector within “Other” category is larger than 3%. 14 74% of commercial business portfolio is not commercial real estate. $1,533 Total Loans $1,533 Total Loans CRE Own Occ 22% Commercial Term 16% Commercial Line of Credit 29% Equipment Finance 12% SBA 7A 1% SBA Own Occ CRE 3% SBA PPP 6% Municipal Financing 11% Commercial Portfolio by Facility Type 2Q21 Finance and Insurance 20% Public Administration 11% Manufacturing 11% Real Estate and Rental and Leasing 10% Construction 9% Retail Trade 6% Professional, Scientific, and Technical Services 5% Wholesale Trade 5% Accommodation and Food Services 4% Waste Management and Remediation Services 4% Health Care and Social Assistance 3% Other(1) 12% Commercial Portfolio by Industry Sectors - 2Q21 (1 )

Conservative Portfolio of Residential Loans Multifamily Loan Characteristics(1) Average Loan Size $2.46 Million Average LTV(2) 55% Average DSCR(3) 1.46x % Delinquent 0.00% Charge-offs in last 5 years $0 Single Family Real Estate Loan Characteristics(1) Average Loan Size $767k Average LTV(2) 54% Median FICO(4) 762 % Delinquent 1.33% Charge-offs in last 5 years $0 Data as of June 30, 2021, unless otherwise noted. Excludes Multifamily loans held for sale. Loan-to-Value (“LTV”) at time of origination. Debt Service Coverage Ratio (“DSCR”) represents the actual fully amortizing DSCR based on the initial interest rate, loan amount and property’s Net Operating Income (“NOI”) at time of origination. Median FICO based on the lowest median score of the borrowing entities associated with each loan at time of origination. FICO data at time of origination not available on ~1.6% of portfolio related to loans originated by an acquired bank. High credit quality with consistently low LTVs for both multifamily and single family loans and strong DSCR ratios on multifamily loans. Conservative underwriting to in-place rents and higher of market or actual vacancy and expenses. No multifamily charge-offs since FFB’s creation in 2007. Strong single family borrower characteristics with high FICO scores and larger loan balances. 15

UPBR peer group of $3B to $10B in assets. Ratio defined as Total loans and leases on nonaccrual status divided by total loans and leases. Ratio defined as loan and lease charge-off, net of recoveries divided by average total loans and leases. 4) Peer group data based on the most recently available UBPR report of 1Q21. Strong Credit Quality 16 (4) (4) 0.31% 0.21% 0.20% 0.30% 0.20% 0.30% 0.24% 0.25% 0.39% 0.27% 0.51% 0.55% 0.47% 0.55% 0.54% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% YE 2017 YE 2018 YE 2019 YE 2020 2Q21 Non - Performing Loans and Assets FFB NPAs/Assets FFB NPLs/Loans Peer NPLs/Loans(1)(2) FFB NCO Average , 0.02% Peer NCO Average , 0.10% 0.00% 0.10% 0.20% 0.30% 2017 2018 2019 2020 2Q21 Net Charge - offs (NCOs)/Average Loans FFB NCOs/Average Loans Peer NCOs/Average Loans(1)(3) FFB NCO Average Peer NCO Average Peer Average 5.0x FFB

Deposits 17

Significant Growth in Commercial and Retail Deposits 2Q21 Cost of Deposits: 0.20% $7,107 Total Deposits 18 Brokered deposits decreased by 86% over last 3 years 50% growth in noninterest-bearing deposits quarter over quarter $3,277 46% $896 13% $2,257 32% $677 10% Noninterest-Bearing Demand Interest-Bearing Demand Money Market & Savings Certificates of Deposits Deposits by Type 2 Q21 ($ in millions) $1,301 $1,905 $2,247 $2,285 $2,808 $3,010 $147 $550 $472 $915 $1,182 $1,029 $1,251 $2,230 $3,508 $211 $356 $1,257 $1,208 $326 $117 $2,427 $3,444 $4,533 $4,891 $5,913 $7,107 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 YE 2016 YE 2017 YE 2018 YE 2019 YE 2020 2Q21 Deposits by Channel 2Q21 ($ in millions) Branch Digital Commercial Services Brokered Brokered Deposits as a % of Total Deposits 9% 10% 28% 25% 6% 2%

Core Deposits Now Account for 98%, Wholesale Reduced to 2% 19 Core deposits increased from 78% to 98% of total deposits year over year Total deposits excluding brokered deposits divided by total deposits. Brokered deposits plus FHLB borrowings divided by total deposits plus FHLB borrowings. Continued reduction in wholesale funding and loan to deposit ratio $4,400 $4,930 $5,587 $6,099 $6,990 $1,248 $534 $326 $147 $117 $760 $260 $255 $ $6,408 $5,724 $6,168 $6,251 $7,107 31% 2% 0% 5% 10% 15% 20% 25% 30% 35% $0 $1,500 $3,000 $4,500 $6,000 $7,500 2Q20 3Q20 4Q20 1Q21 2Q21 Funding Summary 2Q21 ($ in millions) Core Deposits Brokered Deposits FHLB Borrowings Total Wholesale Funding Ratio(2) Loan to 100% 94% 90% 90% 85% Deposit $4,400 $4,930 $5,587 $6,099 $6,990 78% 98% 70% 75% 80% 85% 90% 95% 100% $0 $750 $1,500 $2,250 $3,000 $3,750 $4,500 $5,250 $6,000 $6,750 $7,500 2Q20 3Q20 4Q20 1Q21 2Q21 Core Deposits 2Q21 ($ in millions) Core Deposits Core Deposit Ratio(1)

Commercial Deposits Are Significant Source of Funding 20 Commercial business deposits continue to be main source of core funding: 1031 Exchanges, Title and Escrow, MSRs, HOAs 99% Attributed to Business Clients Business 70% Business 74% Personal 30% Personal 26% 1Q21 2Q21 Core Deposits By Client Type

Launched digital consumer deposit channel in 3Q 2019 Online savings – 2019 Online CDs – 2020 Online checking – 2020 Balances: $472 million at 6/30/21 40% growth year over year Good granularity of clients: Over 7,300 Over 92% new clients Reaching new, younger client audience Strong retention experience when dropping rates Low costs to obtain and service Expanded digital experience into our retail branches to include paperless onboarding and in branch support for online opening Account Data Products Benefits 21 Digital Deposit Channel Success 72% younger than baby boomers Gen Z (18 - 25) 8% Millennial (26 - 40) 40% Gen X (41 - 55) 24% Baby Boomer (56 - 76) 26% Silent Gen (77 - 93) 2% Number of Accounts by Generation 2Q21 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 $0 $100 $200 $300 $400 $500 $600 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Growth Driven by Digital Marketing Strategy ($ in millions) Account Balance Number of Accounts

Wealth Management and Trust 22

In-House Expertise to Serve Clients Wealth Planning Lead with planning Entry point to client’s total financial picture Asset Allocation Manage custom investment strategies to serve clients across the risk and return spectrum Utilizes a mix of equities, fixed income, real estate, and alternative assets Open architecture Portfolio Construction Conduct due diligence Create custom portfolios to match clients’ goals Monitor, report, and adjust as necessary INVESTMENT MANAGEMENT PHILANTHROPY SERVICES WEALTH PLANNING TRUST SERVICES ASSET ALLOCATION LEGACY PLANNING Key Characteristics Lead with sophisticated financial planning to address client needs Open architecture investment philosophy with mix of stocks, bonds, mutual funds, ETFs, private equity, REITs, and separately managed accounts In-house investment capabilities Fee-only model (vs. commission-based brokerage) with avg. fee of 60 to 70 bps Significant cross promotion opportunities with bank, trust, and philanthropy services Ability to deepen relationship with multiple generations of the family because of trust and philanthropy business 100% of new Assets Under Management (AUM) and Assets Under Advisement (AUA) through organic growth, more stable than M&A Presence in affluent communities such as Pasadena, San Diego, West Los Angeles, and Orange County Combined Advisory and Trust business pre-tax profit margin of 23% in 2Q21 Comprehensive Offering for High-Net-Worth Clients 23

Loyal Clients and Growing Assets Profile of Client Growth Target client of $3 million to $50 million in investible assets Clients are high-net-worth individuals and families (as opposed to institutional) Serve as central point of contact for clients’ financial matters Average size of new clients is increasing as model attracts higher net worth clients New client referrals through centers of influence (COIs) and partner channels, which is difficult for other RIAs to replicate 30+ year track record of building relationships with COIs – shows trust in ability to serve complex client cases Client referrals from existing clients – shows loyalty across clients Stable organic growth 24 $3,587 $4,296 $3,935 $4,438 $4,927 $5,320 $512 $571 $742 $888 $1,105 $1,241 $4,099 $4,867 $4,677 $5,327 $6,032 $6,561 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 YE 2016 YE 2017 YE 2018 YE 2019 YE 2020 2Q21 Wealth Management AUM and Trust AUA ($ in millions) FFA AUM Trust AUA

Profitability 25

Strong Net Interest Income Growth 26 20% Growth $2,853 $3,872 $5,200 $5,921 $6,498 $7,250 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 YE 2016 YE 2017 YE 2018 YE 2019 YE 2020 2Q21 Average Interest - Earning Assets ($ in millions) Loans Securities Other $89.4 $113.6 $155.6 $170.0 $196.6 $93.3 $112.1 $- $50.0 $100.0 $150.0 $200.0 $250.0 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Net Interest Income ($ in millions) 4.30% 4.18% 4.07% 4.06% 3.78% 3.62% 3.57% 3.45% 3.39% 2.84% 2.89% 2.88% 2.92% 2.96% 3.03% 3.19% 3.16% 3.20% 2.00% 1.91% 1.74% 1.60% 1.18% 0.90% 0.60% 0.45% 0.35% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 Expanding Net Interest Margin Earning Assets Yield Net Interest Margin Cost of Funds

Proven ability to generate consistent growth of noninterest recurring fee income. Fee income diversifies First Foundation’s revenue stream with 16% generated from recurring noninterest income for 2Q21 YTD. Continued Growth in Recurring Noninterest Fee Revenue 27 Excludes gain on sale of loans. $20.8 $22.9 $24.4 $23.1 $23.4 $11.6 $13.5 $2.8 $3.4 $3.8 $5.1 $5.6 $2.7 $3.4 $2.2 $3.9 $5.3 $7.7 $9.6 $5.0 $5.0 $25.8 $30.1 $33.5 $35.9 $38.6 $19.3 $21.9 $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Recurring Fee Revenue Growth ($ in millions) Investment advisory fees Trust fees Loan and deposit fees(1) 61% 16% 23% Recurring Fee Revenue Breakdown 2Q21 YTD Investment advisory fees Trust fees Loan and deposit fees(1)

Efficient Operating Platform Levering its investments in personnel and technology, FFB has consistently lowered its noninterest expense to average assets and is currently operating at a significant advantage to peers. See “Non-GAAP Measurements” slide on page 44. Uniform Bank Performance Report (“UBPR”) Peer group includes commercial banks with assets between $3 billion and $10 billion. Peer group data based on the most recently available UBPR report of 1Q21. 28 90 bps  1.25% 1.50% 1.75% 2.00% 2.25% 2.50% 2.75% 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 Noninterest Expense / Average Assets FFB Total(1) FFB Excluding customer service(1) Bank Peer group(2)

Consistent Earnings Growth While Investing in the Future Performance driven by growth in loans, deposits, and assets under management. Scalable business model with significant expense leverage. See “Non-GAAP Measurements” slide on page 42. 29 $38.3 $50.6 $60.0 $79.4 $118.8 $43.7 $67.6 $- $20 $40 $60 $80 $100 $120 $140 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Income Before Taxes ($ in millions) 8.6% 8.7% 11.0% 11.9% 15.5% 12.0% 15.8% 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Return on Average Tangible Common Equity 1

Track Record of Delivering Increasing Profitability 30 See “Non-GAAP Measurements” slide on page 42. See “Non-GAAP Measurements” slide on page 43. 0.80% 0.70% 0.81% 0.91% 1.26% 0.94% 1.32% 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Return on Average Assets 65.1% 63.0% 63.3% 60.8% 49.3% 55.6% 49.3% 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Efficiency Ratio 2 8.6% 8.7% 11.0% 11.9% 15.5% 12.0% 15.8% 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Return on Average Tangible Common Equity 1 $0.70 $0.78 $1.01 $1.25 $1.88 $0.69 $1.07 2016 2017 2018 2019 2020 2Q20 YTD 2Q21 YTD Diluted Earnings Per Share

Strong Shareholder Returns Management and insiders have a vested interest in success owning ~12% of shares outstanding. Quarterly dividend paid in 2Q21 of $0.09 and $0.09 a share declared for 3Q21. Dividend yield of 1.60% based on June 30, 2021 share price and $0.09 a share dividend. Source: SNL Financial. Market data starting November 3, 2014 and ending June 30, 2021. Ownership data as of July 15, 2021. 31 141% 113% 73% 65% 12% 23% Ownership % by Investor Type (1) Institutional Management and Directors Other -35% 15% 65% 115% 165% 215% 9/30/2014 12/31/2014 3/31/2015 6/30/2015 9/30/2015 12/31/2015 3/31/2016 6/30/2016 9/30/2016 12/31/2016 3/31/2017 6/30/2017 9/30/2017 12/31/2017 3/31/2018 6/30/2018 9/30/2018 12/31/2018 3/31/2019 6/30/2019 9/30/2019 12/31/2019 3/31/2020 6/30/2020 9/30/2020 12/31/2020 3/31/2021 6/30/2021 Index Share Price Performance (1) FFWM SP500 KBW

Why First Foundation Financial Performance Strong and stable revenue from core operations Recurring non-interest revenue from in-house wealth management and trust operations Diversified and high-quality loan growth Growing profitability Track record of strong investor returns Valuable Business Model Solutions to serve multigenerational clients across financial journey Valuable client base with opportunities for cross promotion. Strong presence in key geographic markets with high household income Technology-centric infrastructure to enhance the client experience and drive efficiency Leadership and Culture Experienced and proven management team Talented workforce with client-centric culture Significant insider ownership aligned with shareholders’ interests Credit Quality Very low non performing assets Low to minimal historical charge-offs Well capitalized Strong credit culture 32

Appendix 33

Expanding into Southwest Florida with Acquisition of TGR Financial, Inc. 34 Note(s): Data as of announcement quarter 3.31.2021 Based on latest FRED annual data as of 2019 for Collier County. Acquisition on track with anticipated closing in 4Q21 and conversion in 2Q22 Transaction Overview First Foundation Inc. will acquire TGR Financial, Inc. (“TGR”) and its subsidiary First Florida Integrity Bank, a community bank headquartered in Naples, Florida TGR is the largest independent bank headquartered in Naples MSA $2.3(1) billion in total assets and 7 branch locations in Naples MSA and Tampa MSA Complementary Banking Franchise Increases FFWM diversification of geography, loan mix, funding base, and revenue ~76%(1) of loan portfolio in CRE and commercial business loans Loan to deposit ratio of 60%(1), which provides attractive funding base to support FFWM’s loan pipeline Maintains FFWM’s low credit risk model with TGR’s strong credit quality of 0.00%(1) NPAs Market Expansion Strategic expansion into Florida, which supports FFWM initiative to grow in attractive markets with positive demographic trends and business friendly environments Florida ranks 3rd in total deposits raised from our nationwide digital bank channel behind California and New York and ranks one spot in front of Texas Collier County, which includes Naples, ranks 2nd in Florida for Per Capita Income and ranks 22nd in the US (2) Ability for FFWM to provide broader offering of products and services to TGR customers, including wealth management and trust services For more detailed information on the acquisition see our announcement presentation dated June 3, 2021 on our Investor Relations Site: https://investor.ff-inc.com/events-and-presentations/

A sampling of awards and accolades received 35 Model Bank Employee Enablement First Foundation Bank was recognized as a Model Bank for Employee Enablement by Celent as we developed an integrated back-end and front-end data warehouse and employee intranet designed to keep everything connected and in sync. Civic 50 First Foundation was included in the Orange County Business Journal's Civic 50 list, which is compiled annually to spotlight those companies who are civic-minded within the communities they serve. Best-in-Class for HR Management Gallagher, a global human resources consulting firm, has awarded our team with an award for Best-in-Class for HR Management from their 2019 Benefits Strategy and Benchmarking Survey. Bank & Thrift Sm-All Stars: FFWM The Sm-All Stars represent the top performing small-cap banks and thrifts in the country. According to Sandler O’Neill + Partners, banks selected have superior performance metrics in growth, profitability, credit quality and capital strength. Featured in the Media First Foundation is a contributor to the media on important topics related to our industry Industry Recognition Best Performing Bank in 2020 with Assets $3B to $10B First Foundation Bank ranked as the 14th best performing bank in 2020 with assets between $3B and $10B. S&P Global Market Intelligence calculated score for each bank on six key metrics, including pretax return on tangible common equity, efficiency ratio, net interest margin, operating revenue growth, leverage ratio, and nonperforming assets and loans. 2021 Vision List – Outperforming Stock First Foundation Inc. (FFWM) selected to B Riley’s Vision List which is a list of the top-24 stocks across all industries selected by analysts to outperform the small-cap benchmark Russell 2000 Index in the current year. Each year analysts are tasked to select a single, immutable pick to outperform based on a set of defined criteria.

Selected Financial Information Financial Highlights: As of for 2Q21 YTD Loans $6.0 Billion Revenue: $138 Million Deposits $7.1 Billion Net Income: $48 Million Total Assets $7.9 Billion ROAA 1.32% FFA AUM & Trust AUA $6.6 Billion ROATCE3 15.8% TBV per share $14.27(2) Efficiency Ratio 49%(1) Growth Loan production: 2019 – $1.93 billion; 2020 – $2.49 billion; 2Q21 YTD– $1.90 billion Deposit growth: 2019 – $358 million; 2020 – $1.02 billion; 2Q21 YTD– $1.19 billion AUM & AUA growth: 2019 – $650 million; 2020 – $705 million; 2Q21 YTD– $529 million Revenue growth: 2019 – 11%; 2020 – 19%; 2Q21 YTD (over 2Q20 YTD) – 22% Net Income growth: 2019 – 31%; 2020 – 50%; 2Q21 YTD (over 2Q20 YTD) – 56% See “Non-GAAP Measurements” slide on page 43. See “Non-GAAP Measurements” slide on page 45. See “Non-GAAP Measurements” slide on page 42. 36

Allowance for Credit Loss of 40 bps of loans includes net decrease of $908 thousand in 2Q21 as a result of improving economic forecasts. Net increase to allowance for credit losses for securities of $238 thousand in 2Q21, representing 125 bps of securities as a result of lower securities balances offset by changes in expected cash flows on interest-only strip securities due to changes in the interest rate environment and increased prepayment speeds. Probability of Default (“PD”) and Loss Given Default (‘LGD”) term structure approach for majority of loan portfolio (96% of portfolio) with Loss Rate approach for remainder of loan portfolio. Reasonable and supportable forecast period of 2 years using a weighting of Moody’s consensus and alternative economic scenarios. Reversion to long run historical PDs and LGDs after 2 year period. Management expects key drivers of provisioning and reserving under CECL standard going forward to include: Replenishment of reserves for net charge-offs Change in portfolio size and composition All other macroeconomic variables and loan level characteristics Ongoing reserve levels will continue to utilize quantitative and qualitative information CECL Methodology Reserves Ongoing Impact 37 Current Expected Credit Losses (“CECL”)

Balance Sheet and Capital See “Non-GAAP Measurements” slide on page 45. Regulatory capital ratios for 2Q21 are preliminary until filing of our June 30, 2021 FDIC call report. 38 $9.46 $10.33 $11.57 $13.44 $14.27 YE 2017 YE 2018 YE 2019 YE 2020 2Q21 TBV Per Share (1) 8.02% 8.01% 8.31% 8.75% 8.15% YE 2017 YE 2018 YE 2019 YE 2020 2Q21 TCE/TA (1) 8.44% 8.39% 8.25% 8.98% 8.32% YE 2017 YE 2018 YE 2019 YE 2020 2Q21 Tier I Leverage Ratio (2) 12.61% 11.16% 11.15% 12.28% 11.66% YE 2017 YE 2018 YE 2019 YE 2020 2Q21 Total Risk Based Capital Ratio (2)

COVID-19: Cares Act and PPP Participation 39 Response Paycheck Protection Program We participated in the Small Business Administration’s Paycheck Protection Program and funded a total of $171 million with an average size of ~$284,000 per loan. During the 2Q21, an additional $58.9 million or 34% of the total $171 million PPP loans funded in the first round were forgiven, bringing the total forgiven to $140.6 million or 82% of the total. As part of the second round of PPP requests starting at the beginning of 2021, we have processed ~300 loans with balances in excess of $56 million to date. Clients are currently being invited to apply for forgiveness. We recognized an additional $905 thousand of net PPP fee income in 2Q21 or 16% of the total original projected $5.8 million net fees; total fees realized to date are 77% of the total $227 million first and second round PPP loans funded.

COVID-19: Strength of Our Portfolio 40 Forbearance Approvals(1) Our team evaluated all requests loan-by-loan and forbearances are down $125 million or 95% since June 30th 2020. Key Portfolio Statistics Approximately 80% of our total loan portfolio is secured by stabilized real estate properties. Across the major segments, the loan to value is low - averaging at or below 55%. Multifamily(3) : 55% (4) Single Family: 54%(4) NOO CRE: 50%(4) Our debt service coverage ratios on our multifamily and NOO CRE loans are strong. Multifamily(3) : 1.46x(5) NOO CRE: 1.93x(5) Data as of June 30, 2021. Includes multifamily loans held for sale in total portfolio percentage calculation. Data as of June 30, 2021, unless otherwise noted. Excludes multifamily loans held for sale from credit metric calculations. Loan-to-Value (“LTV”) at time of origination. Debt Service Coverage Ratio (“DSCR”) represents the actual fully amortizing DSCR based on the initial interest rate, loan amount and property’s Net Operating Income (“NOI”) at time of origination. Credit quality remains very strong with the NPA ratio to total assets of 20 bps at the end of 2Q21. No forbearances in our multifamily, consumer or land/construction portfolios. Vast majority of forbearances approved were 3 month full payment deferrals. Portfolio (as of 06/30/21) Count # $ Balance (MM) % of Portfolio Commercial Business 3 $5.1 0.37% Single Family 3 $1.6 0.20% Total 6 $6.7 0.11% Round 1 Outstanding Forebearances ($ and #) Round 2 Outstanding Forebearances ($ and #) Round 3 Outstanding Forebearances ($ and #) Current Total ($ and #) Round 1 Outstanding Forebearances (%) Round 2 Outstanding Forebearances (%) Round 3 Outstanding Forebearances (%) Current Total (%) Loan Balance ($MM) $4.2 $2.3 $0.2 $6.7 0.07% 0.04% 0.00% 0.11% Loan Count 3 2 1 6 0.04% 0.03% 0.01% 0.08%

COVID-19: Portfolios of Interest 41 Minimal portfolio exposure to business segments most “impacted” by COVID-19. Commercial Business Portfolio Oil And Gas: No exposure Aviation and Cruise Industry: No exposure Accommodation and Food Services: $70 million(1) Retail Trade: $85 million(1) Non-Owner Occ. Commercial Real Estate Portfolio Hotel Investor Properties: $28 million Avg DSCR(4)at Origination: 1.8x, Avg LTV (5)at Origination: 60% Retail Investor Properties: $142 million Avg DSCR(4) at Origination: 1.9x, Avg LTV (5)at Origination: 49% 2.8% of total loan portfolio 2.6% of total loan portfolio $1,533 Total Commercial Business Loans(2) Includes PPP loans. Includes equipment finance leases and PPP loans. Includes multifamily loans held for sale. Debt Service Coverage Ratio (“DSCR”) represents the actual fully amortizing DSCR based on the initial interest rate, loan amount and property’s Net Operating Income (“NOI”) at time of origination. Loan-to-Value (“LTV”) at time of origination. Multifamily and Other NOO CRE 95% Retail 4% Hotel 1% 2Q21 ($ in millions) $3,600 Total Multifamily (2) & NOO CRE Loans All Other Commercial Business , 90% Retail Trade , 6% Accommodatio n and Food Services , 5% 2Q21 ($ in millions)

Non-GAAP Financial Measures 42 Annualized net income (loss) divided by average stockholder’s equity. Annualized adjusted net income (loss) available to common shareholders divided by average tangible common equity. Return on average tangible common equity is a non- GAAP financial measurement determined by methods other than in accordance with U.S. generally accepted accounting principles (“GAAP”). This figure was calculated by excluding core deposit intangible (“CDI”) amortization expense and the associated tax adjustment from net income and excluding average goodwill and intangibles assets from the average stockholder’s equity during the associated periods. We believe this non-GAAP measure is important to investors and provides meaningful supplemental information regarding the performance of the Company. This non-GAAP measure should not be considered a substitute for financial measures presented in accordance with GAAP and may differ from similarly titled measures reported by other companies. The table below provides a reconciliation of the GAAP measure of return on average equity to the non-GAAP measure of return on average tangible common equity: Six Months Ended, ($ in thousands) FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 6/30/2020 6/30/2021 Return on Average Tangible Common Equity (ROATCE) Average stockholder's equity 276,586 $ 323,529 $ 474,256 $ 585,728 $ 649,031 $ 627,571 $ 714,312 $ Less: Average goodwill and intangible assets 2,292 4,503 69,177 98,291 96,209 96,677 94,868 Average tangible common equity 274,294 $ 319,026 $ 405,080 $ 487,437 $ 552,823 $ 530,895 $ 619,444 $ Net Income (loss) 23,303 $ 27,582 $ 42,958 $ 56,239 $ 84,369 $ 31,065 $ 48,409 $ Plus: Amortization of intangible assets expense 239 394 2,043 2,291 1,895 1,011 842 Less: Tax effect on amortization of intangible assets expense (69) (114) (592) (664) (550) (293) (244) Net Income (loss) available to common shareholders 23,473 $ 27,862 $ 44,408 $ 57,866 $ 85,714 $ 31,783 $ 49,007 $ Return on Average Equity (1) 8.4% 8.5% 9.1% 9.6% 13.0% 9.9% 13.6% Return on Average Tangible Common Equity (2) 8.6% 8.7% 11.0% 11.9% 15.5% 12.0% 15.8% Tax rate utilized for calculating tax effect on amortization 29.0% 29.0% 29.0% 29.0% 29.0% 29.0% 29.0% of intangible assets expense

Non-GAAP Financial Measures 43 Efficiency ratio is a non- GAAP financial measurement determined by methods other than in accordance with U.S. GAAP. This figure represents the ratio of noninterest expense less amortization of intangible assets expense, merger-related expense, FDIC insurance expense refund, and one-time impairment of interest only strip expense to the sum of net interest income before allowance for credit losses and total noninterest income less net gain (loss) from the sale of other real estate owned and net gain (loss) from the sale of securities. We believe this non-GAAP measure is important to investors and provides meaningful supplemental information regarding the performance of the Company. This non-GAAP measure should not be considered a substitute for financial measures presented in accordance with GAAP and may differ from similarly titled measures reported by other companies. The table below provides a calculation of the non-GAAP measure of efficiency ratio: Six Months Ended, ($ in thousands) FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 6/30/2020 6/30/2021 Efficiency Ratio Total noninterest expense 80,994 $ 98,976 $ 127,075 $ 129,594 $ 125,778 $ 63,794 $ 70,128 $ Less: Amortization of intangible assets expense (239) (394) (2,043) (2,291) (1,895) (1,011) (842) Less: Merger-related expense - (2,620) (3,794) - - - (1,166) Less: FDIC insurance expense refund - - - 1,211 - - - Adjusted Noninterest expense 80,755 $ 95,962 $ 121,238 $ 128,514 $ 123,883 $ 62,783 $ 68,120 $ Net interest income 89,449 $ 113,618 $ 155,610 $ 169,954 $ 196,644 $ 93,315 $ 112,139 $ Plus: Total noninterest income 34,560 38,719 35,771 41,776 54,647 19,644 25,943 Less: Net gain (loss) from other real estate owned - - - (742) - - - Less: Net gain (loss) from securities - - - 316 - - - Adjusted Revenue 124,009 $ 152,337 $ 191,381 $ 211,304 $ 251,291 $ 112,959 $ 138,082 $ Efficiency Ratio 65.1% 63.0% 63.3% 60.8% 49.3% 55.6% 49.3%

Non-GAAP Financial Measures 44 Noninterest expense to average asset ratio is a non- GAAP financial measurement determined by methods other than in accordance with U.S. GAAP. This figure represents the ratio of noninterest expense less amortization of intangible assets expense and FDIC insurance expense refund to the average assets during the associated periods. We believe this non-GAAP measure is important to investors and provides meaningful supplemental information regarding the performance of the Company. This non-GAAP measure should not be considered a substitute for financial measures presented in accordance with GAAP and may differ from similarly titled measures reported by other companies. The table below provides a calculation of the non-GAAP measure of noninterest expense to average assets: ($ in thousands) 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 Noninterest Expense to Average Assets Ratio Total noninterest expense 25,801 $ 26,397 $ 25,582 $ 26,244 $ 25,042 $ 24,949 $ 25,784 $ 28,579 $ 28,868 $ Less: Amortization of intangible assets expense (598) (537) (526) (519) (492) (445) (439) (432) (410) Less: Merger-related expense - - - - - - - - (1,166) Less: Legal recovery reclass - - - - - - - - - Less: FDIC insurance expense refund - (1,211) - - - - - - - Less: One-time Impairment of Interest Only Strip - - - - - - - - - Adjusted Noninterest expense 25,203 $ 24,649 $ 25,056 $ 25,725 $ 24,550 $ 24,504 $ 25,345 $ 28,147 $ 27,292 $ Less: Customer service expense (4,283) (5,920) (4,266) (2,372) (1,622) (1,723) (1,728) (1,770) (2,353) Adjusted Noninterest expense exc. customer service expense 20,920 $ 18,729 $ 20,790 $ 23,353 $ 22,928 $ 22,781 $ 23,617 $ 26,377 $ 24,939 $ Average Assets 6,087,667 6,203,150 6,298,180 6,325,356 6,740,157 7,012,084 6,710,191 7,074,136 7,449,361 Noninterest Expense to Average Assets Ratio 1.66% 1.59% 1.59% 1.63% 1.46% 1.40% 1.51% 1.59% 1.47% Noninterest Expense exc. Customer Service Expense 1.37% 1.21% 1.32% 1.48% 1.36% 1.30% 1.41% 1.49% 1.34%

Non-GAAP Financial Measures 45 Tangible common equity ratio and tangible book value per share are non- GAAP financial measurements determined by methods other than in accordance with U.S. GAAP. Tangible common equity ratio is calculated by taking tangible common equity which is stockholder’s equity excluding the balance of goodwill and intangible assets and dividing by tangible assets which is total assets excluding the balance of goodwill and intangible assets. Tangible book value per share is calculated by dividing tangible common equity by basic common shares outstanding, as compared to book value per share which is calculated by dividing stockholder’s equity by basic common shares outstanding. We believe these non-GAAP measures are important to investors and provide meaningful supplemental information regarding the performance of the Company. This non-GAAP measures should not be considered a substitute for financial measures presented in accordance with GAAP and may differ from similarly titled measures reported by other companies. The table below provides a reconciliation of the GAAP measure of equity to asset ratio to the non-GAAP measure of tangible common equity ratio and the GAAP measure of book value per share to the non-GAAP measure of tangible book value per share: ($ in thousands, except per share amounts) FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 2Q21 Tangible Common Equity Ratio & Tangible Book Value Per Share Stockholder's equity 284,264 $ 394,951 $ 559,184 $ 613,869 $ 695,711 $ 734,018 $ Less: Goodwill and intangible assets 2,177 33,576 99,482 97,191 95,296 94,454 Tangible Common Equity 282,087 $ 361,375 $ 459,702 $ 516,678 $ 600,415 $ 639,564 $ Total assets 3,975,403 $ 4,541,185 $ 5,840,412 $ 6,314,436 $ 6,957,160 $ 7,939,134 $ Less: Goodwill and intangible assets 2,177 33,576 99,482 97,191 95,296 94,454 Tangible assets 3,973,226 $ 4,507,609 $ 5,740,930 $ 6,217,245 $ 6,861,864 $ 7,844,680 $ Equity to Asset Ratio 7.15% 8.70% 9.57% 9.72% 10.00% 9.25% Tangible Common Equity Ratio 7.10% 8.02% 8.01% 8.31% 8.75% 8.15% Book value per share $8.69 $10.34 $12.57 $13.74 $15.58 $16.38 Tangible book value per share $8.62 $9.46 $10.33 $11.57 $13.44 $14.27 Basic common shares outstanding 32,719,632 38,207,766 44,496,007 44,670,743 44,667,650 44,819,743

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