Financial Analysis

NOTE 2. BUSINESS COMBINATIONS CrossFirst Bankshares, Inc. On March 1, 2025, Busey completed its acquisition of CrossFirst (NASDAQ: CFB), the holding company for CrossFirst Bank, pursuant to an Agreement and Plan of Merger , dated August 26, 2024, by and between Busey and CrossFirst (the CrossFirst Merger Agreement). This partnership creates a premier commercial bank spanning 10 statesIllinois, Missouri, Texas, Colorado, Florida, Kansas, Oklahoma, Arizona, Indiana, and New Mexico. The combined holding company continues to operate under the First Busey Corporation name. Buseys common stock continues to trade on the Nasdaq under the BUSE stock ticker symbol. Merger of CrossFirst Bank into Busey Bank CrossFirst Banks results of operations were included in Buseys consolidated results of operations beginning March 1, 2025. Busey operated CrossFirst Bank as a separate banking subsidiary until it was merged with and into Busey Bank on June 20, 2025. At the time of the bank merger, CrossFirst Banks banking centers became banking centers of Busey Bank. Merger Consideration for CrossFirst Upon completion of the acquisition, each share of CrossFirst common stock converted into the right to receive 0.6675 of a share of Buseys common stock. Cash was paid in lieu of fractional shares. The fair value of common shares issued in consideration of the CrossFirst acquisition was based on the closing price of Buseys common stock on February 28, 2025. Further, upon completion of the acquisition, ea …

BusinessCombinationDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 18. OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES Credit Commitments and Contingencies A summary of the contractual amount of Buseys exposure to off-balance-sheet risk relating to the Companys commitments to extend credit and standby letters of credit follows: As of December 31, (dollars in thousands) 2025 2024 Off-Balance Sheet Commitments Commitments to extend credit $ 4,696,867 $ 2,512,714 Standby letters of credit 123,746 35,464 Total commitments $ 4,820,613 $ 2,548,178 For additional information about Buseys accounting policies related to credit commitments and contingencies, see Off-Balance Sheet Arrangements in Note 1. Significant Accounting Policies . Legal Matters Busey is a party to legal actions which arise in the normal course of its business activities. Additionally, on November 25, 2025, First Busey Corporation filed two lawsuits against the Illinois Secretary of State in connection with an ongoing dispute regarding the amount of franchise taxes, penalties, interest, fees, and charges purportedly due from First Busey Corporation to the Illinois Secretary of State, as described in more detail under the heading Franchise Tax Matter below. Legal and administrative proceedings are subject to inherent uncertainties. While unfavorable outcomes could occur, Busey does not believe at this time that any potential liabilities relating to pending or potential legal matters are likely to have a material impact on Busey's results of operations or financial position …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 10. BORROWINGS Securities Sold Under Agreements to Repurchase Securities sold under agreements to repurchase, which are classified as secured borrowings, generally mature daily. Securities sold under agreements to repurchase are reflected at the amount of cash received in connection with the transaction. The underlying securities are held by Buseys safekeeping agent. Busey may be required to provide additional collateral based on fluctuations in the fair value of the underlying securities. Securities sold under agreements to repurchase were as follows: As of December 31, (dollars in thousands) 2025 2024 Securities sold under agreements to repurchase $ 166,929 $ 155,610 Weighted average rate for securities sold under agreements to repurchase 2.22 % 2.63 % Revolving Line of Credit On May 28, 2021, Busey entered into a Second Amended and Restated Credit Agreement, pursuant to which it has access to a $40.0 million revolving line of credit bearing an interest rate of 1.80% plus the one-month forward-looking term rate based on SOFR. After executing subsequent amendments, the current termination date for the revolving line of credit is April 30, 2026. As of December 31, 2025, there was no balance outstanding on the revolving line of credit. The revolving line of credit incurs an insignificant non-usage fee based on any undrawn amounts. Short-Term Borrowings Busey had no short term borrowings as of either December 31, 2025, or December 31, 2024. Whe n applicable, Buseys short-t …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 16. STOCK-BASED COMPENSATION CrossFirst Acquisition The CrossFirst acquisition impacted Busey and CrossFirst equity awards: Treatment of Buseys Equity Awards Following the closing of the CrossFirst acquisition, except as otherwise provided in the CrossFirst Merger Agreement, Busey equity awards generally remain outstanding and subject to the same terms and conditions as applied immediately prior to the time at which the CrossFirst acquisition became effective (the effective time). Notable changes to Buseys equity awards are as follows: ROATCE PSUs Each PSU issued by Busey that is earned based on Core Return on Average Tangible Common Equity (the ROATCE PSUs) and was outstanding immediately prior to the effective time was deemed earned with the achievement of the applicable performance goals based on actual performance through December 31, 2024, the latest practicable date prior to the effective time, and otherwise remains subject to the same terms and conditions (including service-based vesting terms) as applied to such ROATCE PSUs immediately prior to the effective time. The ROATCE PSUs have been deemed earned (i) at 100% of the target level of performance, for the ROATCE PSUs granted in 2023 and (ii) at 75% of the target level of performance, for the ROATCE PSUs granted in 2024. Modifications to the ROATCE PSUs granted in 2023 impacted 108 award holders and generated $0.2 million of incremental cost, and modifications to the ROATCE PSUs granted in 2024 impacted 129 awa …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

NOTE 20. FAIR VALUE MEASUREMENTS The fair value of an asset or liability is the price that would be received by selling that asset or paid in transferring that liability (exit price) in an orderly transaction occurring in the principal market (or most advantageous market in the absence of a principal market) for such asset or liability. ASC Topic 820 Fair Value Measurement establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs Unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 Inputs Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatility, prepayment speeds, credit risks, etc.) or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs Unobservable inputs for determining the fair values of assets or liabilities that reflect the Companys own assump …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

NOTE 8. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill Buseys goodwill is associated with its three operating segments, Banking, Wealth Management, and FirsTech. Goodwill is tested annually for impairment, and as part of this analysis, the reporting unit's carrying value is compared to its estimated fair value. Based on the impairment testing performed at December 31, 2025, there were no indicators of potential impairment. In connection with the acquisition of CrossFirst, Busey recorded goodwill totaling $49.5 million and other intangible assets of $81.8 million during the year ended December 31, 2025, each in the Banking segment. In connection with the acquisition of M&M, Busey recorded goodwill totaling $0.1 million during the year ended December 31, 2025, and recorded goodwill totaling $15.8 million and other intangible assets of $6.3 million during the year ended December 31, 2024, each in the banking segment. The carrying amount of goodwill by operating segment is presented in the table below: As of December 31, (dollars in thousands) 2025 2024 Goodwill Banking $ 360,180 $ 310,595 Wealth Management 14,108 14,108 FirsTech 8,992 8,992 Total goodwill $ 383,280 $ 333,695 Indefinite-lived intangible assets, such as goodwill, are not amortized. Goodwill is Busey's only indefinite-lived intangible asset. Intangible Assets Core deposit and customer relationship intangible assets are amortized over the estimated period during which Busey expects to benefit from the assets. The …

GoodwillAndIntangibleAssetsDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 13. INCOME TAXES Income Tax Expenses The following table presents components of Buseys income taxes included in the accompanying Consolidated Statements of Income : Years Ended December 31, (dollars in thousands) 2025 2024 2023 Income taxes Current expense: Federal $ 33,596 $ 26,696 $ 20,139 State 9,708 11,533 14,120 Deferred expense: Federal (579) 1,561 (1,557) State 8,653 (177) (1,363) Total income taxes $ 51,378 $ 39,613 $ 31,339 The following table provides a reconciliation of federal and state income taxes at statutory rates to the income taxes included in the accompanying Consolidated Statements of Income : Years Ended December 31, (dollars in thousands) 2025 2024 2023 Income taxes at federal statutory rate $ 39,194 21.0 % $ 32,194 21.0 % $ 32,320 21.0 % State and local income taxes (net of federal income tax effect) 1 14,470 7.8 % 10,890 7.1 % 10,072 6.5 % Tax credit investments: Low income housing tax credits (7,954) (4.3) % (5,657) (3.7) % (11,243) (7.3) % New markets tax credits (9,008) (4.8) % (9,474) (6.2) % (2,416) (1.6) % Other credits (1,589) (0.9) % (883) (0.6) % (1,306) (0.8) % Nontaxable or nondeducitble items: Tax-exempt interest, net (2,148) (1.2) % (1,141) (0.7) % (1,493) (1.0) % Compensation 3,079 1.7 % 407 0.3 % (217) (0.1) % Other nontaxable or nondeductible 546 0.2 % (381) (0.3) % (793) (0.5) % Other items: Investment in partnerships 14,692 7.9 % 13,244 8.6 % 5,714 3.7 % Other 96 0.1 % 414 0.3 % 701 0.5 % Income taxes and effective income tax rat …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 7. LEASES Busey as The Lessee Buseys leases consisting primarily of real estate leases for banking centers, ATM locations, and office space, as well as equipment leases. The following table summarizes lease-related balances that Busey reported on its Consolidated Balance Sheets : As of December 31, (dollars in thousands) Location 2025 2024 Lease balances Right of use assets: Operating leases Other assets $ 30,204 $ 10,608 Finance leases Premises and equipment, net 5,155 Total right of use assets $ 35,359 $ 10,608 Lease liabilities: Operating leases Other liabilities $ 32,597 $ 11,040 Finance leases Long-term borrowings 6,223 Total lease liabilities $ 38,820 $ 11,040 Lease terms are summarized in the following table: As of December 31, 2025 2024 Lease terms Weighted average remaining lease terms: Operating leases 7.41 years 7.55 years Finance leases 16.26 years N/A Weighted average discount rates: Operating leases 4.24 % 3.77 % Finance leases 5.10 % N/A The following table presents lease costs that Busey reported on its Consolidated Statements of Income : Years Ended December 31, (dollars in thousands) Location 2025 2024 2023 Lease costs Operating lease costs: Premises rent expense Net occupancy expense of premises $ 5,891 $ 2,335 $ 2,379 Equipment rent expense Furniture and equipment expenses 29 17 16 Finance lease costs: Amortization expense Net occupancy expense of premises 269 Interest expense Long-term borrowings 267 Variable lease costs Net occupancy expense of prem …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

Impact of Recently Adopted Accounting Standards In March 2024, the FASB issued ASU 2024-01 Compensation-Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards to clarify that certain profits interests are within the scope of Topic 718 by amending the language and providing illustrative examples on how the scope guidance in paragraph 718-10-15-3 should be applied. This update is intended to improve clarity of the accounting standards codification, not to change the guidance. This update is effective for Busey for annual and interim reporting periods beginning January 1, 2025. Busey does not currently have any Profit Interest and Similar Awards, so adoption of this ASU did not have any impact on its financial position and results of operations. In December 2023 the FASB issued ASU 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures , requiring all entities to disclose, on an annual basis, income taxes paid (net of refunds received) disaggregated by jurisdiction. All entities must disclose the amount of income taxes paid to each individual jurisdiction in which income taxes paid (net of refunds) is equal to or exceeds 5% of total income taxes paid. Disclosure of comparative information by jurisdiction for all years presented is not required, a jurisdiction only needs to be disclosed in the periods where the 5% threshold is met. Public business entities are required to adopt ASU 2023-09 starting with the first year beginning …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

NOTE 17. TRANSACTIONS WITH RELATED PARTIES Busey has had, and may be expected to have in the future, banking transactions in the ordinary course of business with related parties which include directors, executive officers, chief credit officers, their immediate families, and affiliated companies in which they have 10% or more beneficial ownership, on the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with others. The following table presents changes in loans to related parties, as a group: (dollars in thousands) As of and for the Year Ended December 31, 2025 Balance of loans to related parties, December 31, 2024 $ 98,011 Change in relationship (62,108) New loans/advances 2,383 Repayments (3,373) Balance of loans to related parties, December 31, 2025 $ 34,913 Unused commitments to directors and executive officers $ 35,863 Loans to related parties did not include significant amounts that were past due, non-accrual, or modified. Deposits from related parties totaled $98.0 million as of December 31, 2025, and $31.2 million as of December 31, 2024.

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NOTE 23. OPERATING SEGMENTS AND RELATED INFORMATION Buseys reportable segments are determined by its chief executive officer, who is the designated chief operating decision maker. Busey is organized into three reportable operating segments: Banking, Wealth Management, and FirsTech. These operating segments are strategic business units that are separately managed, as they offer different products and services and have different marketing strategies. To evaluate segment performance and make informed decisions regarding the allocation of capital and personnel to the segments, the chief operating decision maker reviews each segments revenues, consisting of net interest income plus noninterest income, and net income, against budgeted revenues and net income on a monthly basis. This process enables Busey to (1) determine the cost and availability of funds within each business segment, (2) assess the profitability of a specific business segment by aligning relevant costs with revenues, and (3) evaluate each business segment in a way that reflects its economic impact on consolidated earnings. Banking The Banking operating segment provides a full range of banking services to individual and corporate customers through First Busey Corporations wholly-owned bank subsidiary, Busey Bank. Busey Bank has 79 banking centers located throughout Illinois; the St. Louis, Missouri MSA; southwest Florida; Indianapolis, Indiana; the Dallas-Fort Worth MSA; the Kansas City MSA; Wichita, Kansas; Oklaho …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 2. MERGERS AND ACQUISITIONS CrossFirst Bankshares, Inc. On March 1, 2025, Busey completed its acquisition of CrossFirst (NASDAQ: CFB), the holding company for CrossFirst Bank, pursuant to an Agreement and Plan of Merger , dated August 26, 2024, by and between Busey and CrossFirst (the CrossFirst Merger Agreement). This partnership creates a premier commercial bank in the Midwest, Southwest, and Florida, with 79 full-service locations across 10 statesArizona, Colorado, Florida, Illinois, Indiana, Kansas, Missouri, New Mexico, Oklahoma, and Texas. The combined holding company continues to operate under the First Busey Corporation name. Buseys common stock continues to trade on the Nasdaq under the BUSE stock ticker symbol. Merger of CrossFirst Bank into Busey Bank CrossFirst Banks results of operations were included in Buseys consolidated results of operations beginning March 1, 2025. Busey operated CrossFirst Bank as a separate banking subsidiary until it was merged with and into Busey Bank on June 20, 2025. At the time of the bank merger, CrossFirst Banks banking centers became banking centers of Busey Bank. CrossFirst Merger Consideration Upon completion of the acquisition, each share of CrossFirst common stock converted into the right to receive 0.6675 of a share of Buseys common stock. Cash was paid in lieu of fractional shares. The fair value of common shares issued in consideration of the CrossFirst acquisition was based on the closing price of Buseys common stock o …

BusinessCombinationDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 11. OUTSTANDING COMMITMENTS AND CONTINGENT LIABILITIES Commitments and Credit Risk A summary of the contractual amount of Buseys exposure to off-balance sheet risk relating to the Companys commitments follows: As of (dollars in thousands) September 30, 2025 December 31, 2024 Off-Balance Sheet Commitments Commitments to extend credit $ 4,766,360 $ 2,512,714 Standby letters of credit 132,385 35,464 Total commitments $ 4,898,745 $ 2,548,178 Legal Matters Busey is a party to legal actions which arise in the normal course of its business activities. Legal and administrative proceedings are subject to inherent uncertainties, and while unfavorable outcomes could occur, Busey does not believe at this time that any potential liabilities relating to pending or potential legal matters are likely to have a material impact on Busey's results of operations or financial position. Franchise Tax Matter In 2021, Busey received an inquiry from the Illinois Secretary of State, pursuant to which the Illinois Secretary of State asked for additional information regarding certain of Buseys franchise tax filings and the calculation of amounts due thereunder. The franchise tax is established by the Illinois Business Corporation Act (BCA) 805 ILCS 5/1 et seq., and is a tax imposed on foreign and domestic corporations for the privilege of conducting business in Illinois. Busey has been cooperating with the inquiry and has delivered additional BCA forms requested by the Illinois Secretary of State, …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 7. BORROWINGS Securities Sold Under Agreements to Repurchase Securities sold under agreements to repurchase, which are classified as secured borrowings, generally mature daily. Securities sold under agreements to repurchase are reflected at the amount of cash received in connection with the transaction. The underlying securities are held by Buseys safekeeping agent. Busey may be required to provide additional collateral based on fluctuations in the fair value of the underlying securities. Securities sold under agreements to repurchase were as follows: As of (dollars in thousands) September 30, 2025 December 31, 2024 Securities sold under agreements to repurchase $ 147,152 $ 155,610 Weighted average rate for securities sold under agreements to repurchase 2.50 % 2.63 % Revolving Line of Credit On May 28, 2021, Busey entered into a Second Amended and Restated Credit Agreement, pursuant to which Busey has access to a $40.0 million revolving line of credit bearing an interest rate of 1.80% plus the one-month forward-looking term rate based on SOFR. After executing subsequent amendments, the current termination date for the revolving line of credit is April 30, 2026. As of September 30, 2025, there was no balance outstanding on the revolving line of credit. The revolving line of credit incurs an insignificant non-usage fee based on any undrawn amounts. Short-term Borrowings Busey had no short term borrowings as of either September 30, 2025, or December 31, 2024. When applicabl …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

NOTE 10. STOCK-BASED COMPENSATION CrossFirst Acquisition The CrossFirst acquisition impacted Busey and CrossFirst equity awards: Treatment of Buseys Equity Awards Following the closing of the CrossFirst acquisition, except as otherwise provided in the CrossFirst Merger Agreement, Busey equity awards generally remain outstanding and subject to the same terms and conditions as applied immediately prior to the time at which the CrossFirst acquisition became effective (the effective time). Notable changes to Buseys equity awards are as follows: ROATCE PSUs Each PSU issued by Busey that is earned based on Core Return on Average Tangible Common Equity (the ROATCE PSUs) and was outstanding immediately prior to the effective time was deemed earned with the achievement of the applicable performance goals based on actual performance through December 31, 2024, the latest practicable date prior to the effective time, and otherwise remains subject to the same terms and conditions (including service-based vesting terms) as applied to such ROATCE PSUs immediately prior to the effective time. The ROATCE PSUs have been deemed earned (i) at 100% of the target level of performance, for the ROATCE PSUs granted in 2023 and (ii) at 75% of the target level of performance, for the ROATCE PSUs granted in 2024. TSR PSUs Each Busey PSU previously granted that is tied to total stockholder return (TSR, and such PSUs, the TSR PSUs) with a performance period that ended December 31, 2024, (excluding TSR PSU …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

NOTE 13. FAIR VALUE MEASUREMENTS The fair value of an asset or liability is the price that would be received by selling that asset or paid in transferring that liability (exit price) in an orderly transaction occurring in the principal market (or most advantageous market in the absence of a principal market) for such asset or liability. ASC Topic 820 Fair Value Measurement establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1 Inputs Unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 Inputs Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These might include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (such as interest rates, volatility, prepayment speeds, credit risks, etc.) or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs Unobservable inputs for estimating the fair values of assets or liabilities that reflect the Companys own assumpt …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

NOTE 5. LEASES Busey as the Lessee Buseys leases consisting primarily of real estate leases for banking centers, ATM locations, and office space, as well as equipment leases. The following table summarizes lease-related balances that Busey reported on its Consolidated Balance Sheets (Unaudited) : As of (dollars in thousands) Location September 30, 2025 December 31, 2024 Lease balances Right of use assets: Operating leases Other assets $ 29,236 $ 10,608 Finance leases Premises and equipment, net 5,235 Total right of use assets $ 34,471 $ 10,608 Lease liabilities: Operating leases Other liabilities $ 31,592 $ 11,040 Finance leases Long-term borrowings 6,266 Total lease liabilities $ 37,858 $ 11,040 Lease terms are summarized as follows: As of September 30, 2025 December 31, 2024 Lease terms Weighted average remaining lease terms Operating leases 7.28 years 7.55 years Finance leases 16.51 years N/A Weighted average discount rates Operating leases 4.22 % 3.77 % Finance leases 5.10 % N/A The following table presents lease costs that Busey reported on its Consolidated Statements of Income (Unaudited) : Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) Location 2025 2024 2025 2024 Lease costs Operating lease costs: Premises rent expense Net occupancy expense of premises $ 1,483 $ 604 $ 4,221 $ 1,692 Equipment rent expense Furniture and equipment expenses 8 4 22 10 Finance lease costs: Amortization expense Net occupancy expense of premises 190 19 …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

Impact of Recently Adopted Accounting Standards In March 2024, the FASB issued ASU 2024-01 Compensation-Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards to clarify that certain profits interests are within the scope of Topic 718 by amending the language and providing illustrative examples on how the scope guidance in paragraph 718-10-15-3 should be applied. This update is intended to improve clarity of the accounting standards codification, not to change the guidance. This update was adopted on a prospective basis for annual and interim reporting periods beginning January 1, 2025. Busey does not currently have any Profit Interest and Similar Awards, so adoption of this ASU did not have any impact on its financial position or results of operations. In November 2023, the FASB issued ASU 2023-07 Segment Reporting (Topic 820): Improvements to Reportable Segment Disclosures requiring enhanced disclosures related to significant segment expenses. This standard was adopted on a retrospective basis beginning with the annual reporting period ending December 31, 2024, and for interim reporting periods within fiscal years starting January 1, 2025. Adoption of this standard did not have a material impact on Buseys financial position or results of operations, but resulted in enhanced disclosures. Recently Issued Accounting Standards Not Yet Adopted In September 2025, the FASB issued ASU 2025-07 Derivatives and Hedging (Topic 815) and Revenue from Con …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

NOTE 16. OPERATING SEGMENTS AND RELATED INFORMATION Buseys reportable segments are determined by its chief executive officer, who is the designated chief operating decision maker. Busey is organized into three reportable operating segments: Banking, Wealth Management, and FirsTech. These operating segments are strategic business units that are separately managed, as they offer different products and services and have different marketing strategies. Banking The Banking operating segment provides a full range of banking services to individual and corporate customers through First Busey Corporations wholly-owned bank subsidiary, Busey Bank. Busey Bank has 79 banking centers located throughout Illinois; the St. Louis, Missouri MSA; southwest Florida; Indianapolis, Indiana; the Dallas-Fort Worth MSA; the Kansas City MSA; Wichita Kansas; Oklahoma City and Tulsa Oklahoma; Phoenix and Tucson, Arizona; Denver and Colorado Springs, Colorado; and Clayton, New Mexico. Banking services offered to individual customers include customary types of demand and savings deposits, money transfers, safe deposit services, individual retirement accounts and other fiduciary services, automated teller machines, and technology-based networks, as well as a variety of loan products including residential real estate, home equity lines of credit, and consumer loans. Banking services offered to corporate customers include commercial, CRE, real estate construction, and agricultural loans, as well as commercia …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing