2014 Outlook

1

Business Driver

2014 Outlook v. 2013 Results

Changes Since 10/22/2014

Average  LHI

Low 20’s percent growth, pace  

declining

-

Average LHI –

Mortgage Finance

Low 20s percent growth, 

with some decrease in Q4-2014

Increased from low/mid teens

Average Deposits

Upper 20’s percent growth

-

Liquidity Assets

Growth with 5-8 bps  impact on NIM;

impact increasing with minimal

impact on net interest income

-

Net Interest Income

Low double-digit percent growth

-

Net Interest Margin

Small decrease from previous

outlook, now 3.75% to 3.85%

-

Net Charge-Offs

Less than 0.15%, and continued

strong credit quality

-

NIE

High single-digit to low double-digit

percent growth

-

Efficiency Ratio

Less than 55%, slight reduction from

2013

-

Exhibit 99.1