December 31, September 30, December 31, December 31, December 31,

(Dollars in millions, except share data) 2022 2022 2021 2022 2021

Interest income:
Loans	$	1,119	$	865	$	544	$	3,208	$	1,966
Investment securities:
Taxable		495		545		392		2,113		1,199
Non-taxable		35		35		33		140		106
Federal funds sold, securities purchased under agreements to resell and other short-term investment securities		107		76		6		212		18
Total interest income		1,756		1,521		975		5,673		3,289
Interest expense:
Deposits		514		249		21		862		62
Borrowings		204		74		15		326		48
Total interest expense		718		323		36		1,188		110
Net interest income		1,038		1,198		939		4,485		3,179
Provision for credit losses		141		72		48		420		123
Net interest income after provision for credit losses		897		1,126		891		4,065		3,056
Noninterest income:
Gains/(loss) on investment securities, net		(86)		(127)		100		(285)		761
Gains on equity warrant assets, net		28		40		69		148		560
Client investment fees		149		119		20		386		75
Wealth management and trust fees		20		19		22		83		44
Foreign exchange fees		69		74		73		285		262
Credit card fees		36		37		38		150		131
Deposit service charges		32		32		30		126		112
Lending related fees		29		20		21		94		76
Letters of credit and standby letters of credit fees		14		15		12		57		51
Investment banking revenue		127		75		124		420		459
Commissions		25		24		21		98		79
Other		47		31		31		166		128
Total noninterest income		490		359		561		1,728		2,738
Noninterest expense:
Compensation and benefits		644		563		597		2,293		2,015
Professional services		125		117		110		480		392
Premises and equipment		80		71		54		269		178
Net occupancy		27		25		23		101		83
Business development and travel		23		21		11		85		24
FDIC and state assessments		18		25		15		75		48
Merger-related charges		11		7		27		50		129
Other		80		63		65		268		201
Total noninterest expense		1,008		892		902		3,621		3,070
Income before income tax expense		379		593		550		2,172		2,724
Income tax expense		74		175		142		563		651
Continued on the following page
Net income before noncontrolling interests and dividends		305		418		408		1,609		2,073
Net (income)/loss attributable to noncontrolling interests		10		51		(14)		63		(240)
Preferred stock dividends		(40)		(40)		(23)		(163)		(63)
Net income available to common stockholders	$	275	$	429	$	371 $		1,509	$	1,770
Earnings per common sharebasic	$	4.65	$	7.26	$	6.32 $		25.58	$	31.74
Earnings per common sharediluted		4.62		7.21		6.22		25.35		31.25
Weighted average common shares outstandingbasic		59,112,507		59,096,090		58,702,618		58,987,169		55,762,874
Weighted average common shares outstandingdiluted		59,454,723		59,549,402		59,623,961		59,515,565		56,637,591

INTERIM CONSOLIDATED BALANCE SHEETS (Unaudited)

December 31, September 30, December 31,

(Dollars in millions, except par value and share data) 2022 2022 2021

Assets:
Cash and cash equivalents	$	13,803	$	13,968	$	14,586
Available-for-sale securities, at fair value (cost $28,602, $29,502 and $27,370, respectively)		26,069		26,711		27,221
Held-to-maturity securities, at amortized cost and net of allowance for credit losses of $6, $6 and $7 (fair value of $76,169, $77,370 and $97,227), respectively		91,321		93,286		98,195
Non-marketable and other equity securities		2,664		2,595		2,543
Investment securities		120,054		122,592		127,959
Loans, amortized cost		74,250		72,129		66,276
Allowance for credit losses: loans		(636)		(557)		(422)
Net loans		73,614		71,572		65,854
Premises and equipment, net of accumulated depreciation and amortization		394		346		270
Goodwill		375		375		375
Other intangible assets, net		136		142		160
Lease right-of-use assets		335		349		313
Accrued interest receivable and other assets		3,082		3,523		1,791
Total assets	$	211,793	$	212,867	$	211,308
Liabilities and total equity:
Liabilities:
Noninterest-bearing demand deposits	$	80,753	$	93,988	$	125,851
Interest-bearing deposits		92,356		82,831		63,352
Total deposits		173,109		176,819		189,203
Short-term borrowings		13,565		13,552		71
Lease liabilities		413		429		388
Other liabilities		3,041		2,889		2,467
Long-term debt		5,370		3,368		2,570
Total liabilities		195,498		197,057		194,699
SVBFG stockholders equity:
Preferred stock, $0.001 par value, 20,000,000 shares authorized; 383,500 shares, 383,500 shares and 383,500 shares issued and outstanding, respectively		3,646		3,646		3,646
Common stock, $0.001 par value, 150,000,000 shares authorized; 59,171,883 shares, 59,104,124 shares and 58,748,469 shares issued and outstanding, respectively
Additional paid-in capital		5,318		5,272		5,157
Retained earnings		8,951		8,676		7,442
Accumulated other comprehensive (loss) income		(1,911)		(2,085)		(9)
Total SVBFG stockholders equity		16,004		15,509		16,236
Noncontrolling interests		291		301		373
Total equity		16,295		15,810		16,609
Total liabilities and total equity	$	211,793	$	212,867	$	211,308

1. Perform vertical analyses of the income statement and balance sheet for the year ended December 31, 2022.

Income statement items should be presented as a percentage of net interest income (after provision for credit losses)

Balance sheet items should be presented as a percentage of total assets.

2. Perform horizontal analyses of the income statement and balance sheet for the year ended December 31, 2022. Present each financial statement item as a year-over-year percentage change using 2021 as the base year as follows:

(Current Balance - Prior Year Balance)/Prior Year Balance

Note- be careful of negative balances. If a prior years balance is negative, you will need to use the absolute value of the prior years balance as your denominator.

3. Calculate the following ratios for the year ended December 31, 2022:

Return on average assets

Return on equity