Pages 11 & 11A Capital Analysis a. Evaluate the capital composition (type) and the capital adequacy ratio trends and compare to the PG. b. Determine how a change in the asset mix affects risk-based capital. c. Calculate/consider the loss and growth capacity in your banks capital structure

FDIC Certificate # 13421 OCC Charter #0 Public Report FRB DistrictID_RSSD 10/450856 County: LANCASTER UNION BANK AND TRUST COMPANY; LINCOLN, NE Capital Analysis--Page 11 Capital Analysis-a 11/30/2019 8:49:03 PM 5Q Trend 9/30/2019 3/31/2019 12/31/2018 12/31/2017 12/31/2016 Capital Ratios BANK PG3 PCT BANK PG 3 BANK PG3 PCT BANK PG 3 BANK PG 3 PCT Percent of Bank Equity Net Loans & Leases (x) Subord Notes & Debentures 7.26 7.35 6.15 7.80 8.04 / 13 6.11 0.03 235.57 0.00 78 88 7.41 0.00 296.12 0.00 6.18 0.16 237.37 0.12 86 88 6.18 0.08 246.10 0.00 6.22 0.14 243.09 0.00 Com RE & Related Ventures 305.04 304.16 238.28 300.33 309.61 Percent of Average Bank Equity: Net Income ) 13.10 11.09 12.27 16.27 11.75 12.31 Dividends 2.35 10.66 3.99 6.07 2.15 2.41 9.86 3.83 2.16 10.15 12.43 2.44 9.99 9.26 3.42 5.35 81 43 88 Retained Earnings 10.75 6.08 14.12 7.30 Other Capital Ratios: Dividends to Net Operating Income 17.94 41.51 32.06 35.20 ll 19.66 10.97 33.08 11.84 13.20 10.86 17.57 10.19 19.65 9.79 36.86 11.39 Bank Eq Cap + Min Int to Assets 11.08 11.96 11.80 11.65 24 Growth Rates: Total Equity Capital 13.17 13.71 15.34 12.52 11.06 11.00 l 10.81 3.17 13.45 4.95 12.48 3.99 Equity Growth Less Asst Growth 4.37 0.4566 l 0.51 0.41 0.50 11.24 65 34 10.22 Intang Assets % Bank Equity Mortgage Servicing Rights Goodwill Purch Credit Card Relations All Other Intangibles Total Intangibles 0.00 0.66 9.79 0.00 0.00 12.16 0.64 10.16 0.00 0.00 12.86 0.00 0.01 86 0.00 0.00 N/A 2.79 0.00 3.17 11.08 2.84 2.87 3.37 l l Tier One Leverage Capital 10.9460 10.56 10.7536 10.49 - 64 10.6968 10.44 10.2930 10.22 9.7239 9.94 48 Standardized Capital Ratios (all banks) Com Equity Tier 1 Cap Ratio Tier One Capital Ratio 12.6961 12.6218 13.27 12.66 40 Ill 12.8985 12.9066 14.1602 13.31 13.32 14.27 13.30 13.31 14.31 12.7045 13.9579 11.9924 12.0019 13.2560 12.95 12.96 13.94 12.6305 13.8836 12.68 11.6584 11.6686 12.9227 39 Total Capital Ratio 14.29 13.65 45 Adv App Cap Ratios (exit parallel run) Com Equity Tier 1 Cap Ratio N/A 36.73 NA NA NA 83.54 N/A NA Tier 1 Capital Ratio 37.37 37.37 37.37 36.73 36.80 NA NA NA N/A - NA 41.12 41.12 41.12 83.54 83.54 26.23 N/A 26.23 N/A 26.48 NA Total Capital Ratio N/A NA NA NA End of Period Capital (5000) Perpetual Preferred 300 300 300 + Common Stock 14,870 14,870 14,870 300 14,870 43,859 + Surplus 43,859 43,859 300 14,870 43,859 292,272 585 + Retained Earnings 43,859 400,442 1,894 426,934 1,180 389,203 2,550 329,628 2,165 + Accum Other Comp Income + Other Equity Capital Comp Total Bank Equity Capital 487,143 461,365 450,782 390,822 351,886 0 Minority Interest Cons Subs Total Bank Capital & Min Int 487,143 461,365 450,782 390,822 351,886 ||175 LU 111511 Subordinated Notes & Debentures Changes in Bank Equity ($000) Balance at Beginning of Period 450,782 390,822 351,886 317,013 450,782 13,989 + Net Income 45,783 + Sales or Purchase of Capital + Merger & Absorptions + Restate due to Acctg Error&Chg + Trans with Parent - Dividends 9,045 8,250 -1,370 487,143 2,750 -656 + Other Comprehensive Income 457 8,045 1,198 390,822 8,045 1,976 351,886 1 Balance at End of Period 461,365 450,782 Intangible Assets Mortgage Servicing Rights 1 2,004 1,443 3,200 NA 2,686 NA + Purch Credit Card Relations. 2,518 NA NA + Other Intangibles NA NA + Goodwill 10,402 10,402 v 10,402 12,920 10,402 12,406 10,402 11,845 Total Intang bles 13,602 13,088 Total Assets for Leverage Ratio: Average Total Consolidated Assets 4,371,018 4,202,100 8,510 4,118,992 8,547 3,700,179 8,692 3,540,385 7,795 Less: Ded from CET1 Cap & add T1C 8,437 Less: Other Deductions 11 Total Assets for Leverage Ratio 4,362,581 4,193,590 4,110,445 3,691,487 3,532,590 FDIC Certificate # 13421 OCC Charter #0 Public Report FRB District/ID_RSSD 10 / 450856 County: LANCASTER UNION BANK AND TRUST COMPANY : LINCOLN, NE Capital Analysis--Page 11A Capital Analysis-b 11/30/2019 8:49:46 PM 5Q Trend 9/30/2019 3/31/2019 12/31/2018 12/31/2017 12/31/2016 Capital Analysis ($000) Common Equity Tier 1 Capital: ($000) Common Stock Plus Related Surplus Retained Earnings SVI 58,729 426,934 1,180 58,729 400,442 1,894 58,729 389,203 2,550 58,729 329,628 2,165 58,729 292,272 585 Accum Other Comprehensive Inc (AOCI) Common Equity T1 Minority Interest Common Equity T1 Cap Before Adj/Ded 486,843 461,065 450,482 390,522 351,586 Common Equity Tier 1 Capital: Ady/Ded Less: Goodwill 8,510 8,547 Less: Intangible Assets Less: DTA (NOL & Tax Credit Only) / || . AOCI-Related Adjustments-Opt Out 1,180 AOCI-Related Adjustments-No Opt Out Oth Ded (add) CET1 bef threshold ded Less: Non-significant Investments Subtotal before Threshold Limits 477 379 Less: Sig Inv, MSAS, DTA > 10% Limit ||||||| Less: Sig Inv, MSAS, DTA> 15% Limit Less: Ded due to insuff T1 and T2 Cap Total Adj and Ded for CET1 Capital Common Equity Tier 1 Capital 477,226 450,661 18.600$ booool..li. 439,385 379,665 343,206 Additional Tier 1 Capital: Additional T1C Inst & Related Surplus Non-qualifying Cap Inst sub to phaseout Tier 1 Minority Int Not Incl in CET1 Cap Additional T1 Cap Before Deductions Less: Additional T1 Cap Deductions Additional Tier 1 Capital ||||||| Tier 1 Capital 477,526 450,961 439,685 379,965 343,506 Tier 2 Capital: T2 Cap Instruments & Related Surplus Non-qualifying Capital Instruments Tot Cap Min Int Not Incl in T1 Cap ALLL in Tier 2 Capital 46,384 36,893 44,490 NA 39,662 NA Exited Adv App Eligible C Reserves 43,624 NA NA NA Unrealized Gains on AFS Pref Stock 41 NA 46,384 NA 44,490 Tier 2 Capital Before Deductions 43,624 39,703 36,920 Exited Adv App T2C Before Deductions Less: Tier 2 Capital Deductions 46,384 44,490 43,624 NA NA Tier 2 Capital - Standardized Approaches Tier 2 Capital - Advanced Approaches Total Capital - Standardized Approaches Total Capital - Advanced Approaches 39,703 NA 419,668 NA NA 495,451 NA 36,920 NA 380,426 NA 523,910 NA 483,309 NA FDIC Certificate # 13421 OCC Charter #0 Public Report FRB DistrictID_RSSD 10/450856 County: LANCASTER UNION BANK AND TRUST COMPANY; LINCOLN, NE Capital Analysis--Page 11 Capital Analysis-a 11/30/2019 8:49:03 PM 5Q Trend 9/30/2019 3/31/2019 12/31/2018 12/31/2017 12/31/2016 Capital Ratios BANK PG3 PCT BANK PG 3 BANK PG3 PCT BANK PG 3 BANK PG 3 PCT Percent of Bank Equity Net Loans & Leases (x) Subord Notes & Debentures 7.26 7.35 6.15 7.80 8.04 / 13 6.11 0.03 235.57 0.00 78 88 7.41 0.00 296.12 0.00 6.18 0.16 237.37 0.12 86 88 6.18 0.08 246.10 0.00 6.22 0.14 243.09 0.00 Com RE & Related Ventures 305.04 304.16 238.28 300.33 309.61 Percent of Average Bank Equity: Net Income ) 13.10 11.09 12.27 16.27 11.75 12.31 Dividends 2.35 10.66 3.99 6.07 2.15 2.41 9.86 3.83 2.16 10.15 12.43 2.44 9.99 9.26 3.42 5.35 81 43 88 Retained Earnings 10.75 6.08 14.12 7.30 Other Capital Ratios: Dividends to Net Operating Income 17.94 41.51 32.06 35.20 ll 19.66 10.97 33.08 11.84 13.20 10.86 17.57 10.19 19.65 9.79 36.86 11.39 Bank Eq Cap + Min Int to Assets 11.08 11.96 11.80 11.65 24 Growth Rates: Total Equity Capital 13.17 13.71 15.34 12.52 11.06 11.00 l 10.81 3.17 13.45 4.95 12.48 3.99 Equity Growth Less Asst Growth 4.37 0.4566 l 0.51 0.41 0.50 11.24 65 34 10.22 Intang Assets % Bank Equity Mortgage Servicing Rights Goodwill Purch Credit Card Relations All Other Intangibles Total Intangibles 0.00 0.66 9.79 0.00 0.00 12.16 0.64 10.16 0.00 0.00 12.86 0.00 0.01 86 0.00 0.00 N/A 2.79 0.00 3.17 11.08 2.84 2.87 3.37 l l Tier One Leverage Capital 10.9460 10.56 10.7536 10.49 - 64 10.6968 10.44 10.2930 10.22 9.7239 9.94 48 Standardized Capital Ratios (all banks) Com Equity Tier 1 Cap Ratio Tier One Capital Ratio 12.6961 12.6218 13.27 12.66 40 Ill 12.8985 12.9066 14.1602 13.31 13.32 14.27 13.30 13.31 14.31 12.7045 13.9579 11.9924 12.0019 13.2560 12.95 12.96 13.94 12.6305 13.8836 12.68 11.6584 11.6686 12.9227 39 Total Capital Ratio 14.29 13.65 45 Adv App Cap Ratios (exit parallel run) Com Equity Tier 1 Cap Ratio N/A 36.73 NA NA NA 83.54 N/A NA Tier 1 Capital Ratio 37.37 37.37 37.37 36.73 36.80 NA NA NA N/A - NA 41.12 41.12 41.12 83.54 83.54 26.23 N/A 26.23 N/A 26.48 NA Total Capital Ratio N/A NA NA NA End of Period Capital (5000) Perpetual Preferred 300 300 300 + Common Stock 14,870 14,870 14,870 300 14,870 43,859 + Surplus 43,859 43,859 300 14,870 43,859 292,272 585 + Retained Earnings 43,859 400,442 1,894 426,934 1,180 389,203 2,550 329,628 2,165 + Accum Other Comp Income + Other Equity Capital Comp Total Bank Equity Capital 487,143 461,365 450,782 390,822 351,886 0 Minority Interest Cons Subs Total Bank Capital & Min Int 487,143 461,365 450,782 390,822 351,886 ||175 LU 111511 Subordinated Notes & Debentures Changes in Bank Equity ($000) Balance at Beginning of Period 450,782 390,822 351,886 317,013 450,782 13,989 + Net Income 45,783 + Sales or Purchase of Capital + Merger & Absorptions + Restate due to Acctg Error&Chg + Trans with Parent - Dividends 9,045 8,250 -1,370 487,143 2,750 -656 + Other Comprehensive Income 457 8,045 1,198 390,822 8,045 1,976 351,886 1 Balance at End of Period 461,365 450,782 Intangible Assets Mortgage Servicing Rights 1 2,004 1,443 3,200 NA 2,686 NA + Purch Credit Card Relations. 2,518 NA NA + Other Intangibles NA NA + Goodwill 10,402 10,402 v 10,402 12,920 10,402 12,406 10,402 11,845 Total Intang bles 13,602 13,088 Total Assets for Leverage Ratio: Average Total Consolidated Assets 4,371,018 4,202,100 8,510 4,118,992 8,547 3,700,179 8,692 3,540,385 7,795 Less: Ded from CET1 Cap & add T1C 8,437 Less: Other Deductions 11 Total Assets for Leverage Ratio 4,362,581 4,193,590 4,110,445 3,691,487 3,532,590 FDIC Certificate # 13421 OCC Charter #0 Public Report FRB District/ID_RSSD 10 / 450856 County: LANCASTER UNION BANK AND TRUST COMPANY : LINCOLN, NE Capital Analysis--Page 11A Capital Analysis-b 11/30/2019 8:49:46 PM 5Q Trend 9/30/2019 3/31/2019 12/31/2018 12/31/2017 12/31/2016 Capital Analysis ($000) Common Equity Tier 1 Capital: ($000) Common Stock Plus Related Surplus Retained Earnings SVI 58,729 426,934 1,180 58,729 400,442 1,894 58,729 389,203 2,550 58,729 329,628 2,165 58,729 292,272 585 Accum Other Comprehensive Inc (AOCI) Common Equity T1 Minority Interest Common Equity T1 Cap Before Adj/Ded 486,843 461,065 450,482 390,522 351,586 Common Equity Tier 1 Capital: Ady/Ded Less: Goodwill 8,510 8,547 Less: Intangible Assets Less: DTA (NOL & Tax Credit Only) / || . AOCI-Related Adjustments-Opt Out 1,180 AOCI-Related Adjustments-No Opt Out Oth Ded (add) CET1 bef threshold ded Less: Non-significant Investments Subtotal before Threshold Limits 477 379 Less: Sig Inv, MSAS, DTA > 10% Limit ||||||| Less: Sig Inv, MSAS, DTA> 15% Limit Less: Ded due to insuff T1 and T2 Cap Total Adj and Ded for CET1 Capital Common Equity Tier 1 Capital 477,226 450,661 18.600$ booool..li. 439,385 379,665 343,206 Additional Tier 1 Capital: Additional T1C Inst & Related Surplus Non-qualifying Cap Inst sub to phaseout Tier 1 Minority Int Not Incl in CET1 Cap Additional T1 Cap Before Deductions Less: Additional T1 Cap Deductions Additional Tier 1 Capital ||||||| Tier 1 Capital 477,526 450,961 439,685 379,965 343,506 Tier 2 Capital: T2 Cap Instruments & Related Surplus Non-qualifying Capital Instruments Tot Cap Min Int Not Incl in T1 Cap ALLL in Tier 2 Capital 46,384 36,893 44,490 NA 39,662 NA Exited Adv App Eligible C Reserves 43,624 NA NA NA Unrealized Gains on AFS Pref Stock 41 NA 46,384 NA 44,490 Tier 2 Capital Before Deductions 43,624 39,703 36,920 Exited Adv App T2C Before Deductions Less: Tier 2 Capital Deductions 46,384 44,490 43,624 NA NA Tier 2 Capital - Standardized Approaches Tier 2 Capital - Advanced Approaches Total Capital - Standardized Approaches Total Capital - Advanced Approaches 39,703 NA 419,668 NA NA 495,451 NA 36,920 NA 380,426 NA 523,910 NA 483,309 NA