TCF National Bank

Minneapolis, MN · Cert 28330

FDIC · 521 branches

Q1 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2021, the quarter ended March 31, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Minneapolis, MN · Cert 28330

FDIC · 521 branches

Q1 2021

$49.4BAssets

$36.3BLoans

$40.0BDeposits

$5.4BEquity

Deposit mix

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2020 SOD (annual) · 3.8% share · #3 of 144 inst. · $8.2B of $218.0B

1.7% Cook

4.2% Hennepin

4.0% Oakland

3.5% Wayne

Earnings: ROA of 1.04%, up 56 bps year over year; NIM at 3.15%.
Asset quality: problem loans at 1.89% of loans (+118 bps YoY), with net charge-offs at 0.50%.
Capital: tier 1 leverage ratio of 8.73%, down 20 bps from a year ago.
Funding: loans stand at 90.88% of deposits as of Q1 2021.

Return on Assets (YTD, annualized)

1.04%+56 bps YoY

Net Interest Margin (YTD, annualized)

3.15%-28 bps YoY

Efficiency Ratio (YTD, annualized)

66.32%-184 bps YoY

Tier 1 Leverage Ratio

8.73%-20 bps YoY

Year to date, annualized, through each quarter.

Metric	Q2 2019	Q3 2019	Q4 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	Q1 2021	YoY Δ	Trend
Earnings
Return on Assets	1.41%	1.08%	1.09%	0.48%	0.35%	0.37%	0.50%	1.04%	+56 bps
Return on Equity	13.73%	9.90%	9.73%	4.13%	3.06%	3.26%	4.43%	9.25%	+512 bps
Net Interest Margin	4.17%	3.01%	2.80%	3.43%	3.16%	3.13%	3.27%	3.15%	-28 bps
Efficiency Ratio	66.11%	71.10%	71.13%	68.16%	74.15%	73.20%	72.34%	66.32%	-184 bps
Non-Interest Burden	2.18%	1.86%	1.73%	2.00%	2.10%	2.10%	2.11%	1.77%	-24 bps
Growth
Asset Growth (YoY)	6.22%	99.32%	96.67%	98.77%	103.10%	4.04%	2.45%	1.77%	-9,700 bps
Loan Growth (YoY)	1.86%	88.54%	81.06%	86.18%	87.28%	-0.41%	-0.03%	0.33%	-8,585 bps
Deposit Growth (YoY)	4.28%	90.53%	82.09%	88.37%	104.20%	11.02%	12.67%	10.92%	-7,745 bps
Asset Quality
Nonperforming Loans / Loans	0.60%	0.64%	0.58%	0.71%	0.83%	1.11%	1.97%	1.89%	+118 bps
Net Charge-Offs / Loans	0.36%	0.33%	0.32%	0.06%	0.05%	0.13%	0.13%	0.50%	+44 bps
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	9.59%	10.68%	9.10%	8.93%	8.34%	8.43%	8.97%	8.73%	-20 bps
Total Risk-Based Capital	12.76%	12.20%	12.29%	11.86%	12.93%	13.48%	13.51%	12.96%	+111 bps
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Deposits	99.77%	98.48%	100.10%	100.47%	91.50%	88.34%	88.82%	90.88%	-959 bps
Liquid Assets / Assets	0.59%	0.32%	0.30%	0.28%	0.26%	0.36%	0.39%	0.42%	+15 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a