PARENT COMPANY ONLY FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2022

Condensed financial data for First Busey Corporation is presented below.

CONDENSED BALANCE SHEETS

(dollars in thousands)


	As of December 31,
	2022		2021
Assets
Cash and cash equivalents	$	91,812	$	78,217
Equity securities	11,535		13,571
Investments in subsidiaries:
Bank	1,369,261		1,565,226
Non-bank	2,181		2,812
Premises and equipment, net	18		30
Other assets	22,316		22,444
Total assets	$	1,497,123	$	1,682,300

Liabilities and Stockholders' Equity
Liabilities:
Short-term borrowings	$	12,000	$	12,000
Long-term debt	30,000		42,000
Senior notes, net of unamortized issuance costs	—		39,944
Subordinated notes, net of unamortized issuance costs	222,038		182,773
Junior subordinated debentures owed to unconsolidated trusts	71,810		71,635
Other liabilities	15,298		14,836
Total liabilities	351,146		363,188

Total stockholders' equity	1,145,977		1,319,112
Total liabilities and stockholders' equity	$	1,497,123	$	1,682,300