|        |
|--------|
|        |  |  |  |  |
|        |   |   |   |
|   |   | For immediate release: |
|   |   | January 30, 2015 |
|   |   |   |
|   |   | For more information: |
|   | David Nielsen, CFO, 980-819-6220 |
|   | investorrelations@community1.com |
|   |   |   |
|   | Kim Graham, 980-819-6278 |
|   | kim.graham@community1.com |

|         |                                                                                                                                                                                                                                                                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net income in 4Q 2014 was $144.6 million ($6.62 per diluted share) and $150.5 million ($6.88 per diluted share) for full year 2014.  Fourth quarter results included the reversal of $142.5 million of the valuation allowance on the Company’s deferred tax assets and a charge of $1.6 million for 6 branch closures announced during the quarter. |

|         |                                                                                                                                                                                  |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Excluding branch closure costs and the deferred tax asset valuation allowance reversal, adjusted net income was $3.7 million, or $0.17 per diluted share (non-GAAP), in 4Q 2014. |

|         |                                                                                                                                                                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Loan growth continued to be strong and broad based in 4Q 2014.  Loans held for investment grew $39.7 million, an annualized growth rate of 12%, and organic loans, which exclude purchased residential mortgage pools, grew at a 16% annualized growth rate during the quarter. |

|         |                                                                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Deposit growth was also robust in 4Q 2014, growing at an 8% annualized growth rate, while the cost of interest-bearing deposits fell one basis point from the previous quarter. |

|         |                                                                                                                                                                                                                                                                                                                                                                                            |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Positive credit performance continued through 4Q 2014, with a net recovery of provision for loan losses of $1.3 million in 4Q 2014 and $5.4 million in full year 2014.  Net charge-offs were a recovery of $0.1 million in 4Q 2014, and full year 2014 net charge-offs as a percent of average loans held for investment were 8 basis points, down from 26 basis points in full year 2013. |

|         |                                                                                                   |
|---------|---------------------------------------------------------------------------------------------------|
| • | Nonperforming assets fell 6% from 3Q 2014 and 28% from a year ago, and were 2.1% of total assets. |

|         |                                                                                                                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net interest income grew 6% in 4Q 2014 to $16.7 million.  Net interest margin was improved at 3.49% in the fourth quarter, up 11 bps from the previous quarter.  Earning assets grew at an annualized rate of 8% in 4Q 2014. |

|         |                                                                                                                                                                                            |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Noninterest expenses rose $0.4 million in 4Q 2014, excluding credit and nonrecurring expenses. Average full time equivalent employees fell 5% during 2014 and were unchanged from 3Q 2014. |

|         |                                                                              |
|---------|------------------------------------------------------------------------------|
| • | Completion of a private placement of $25 million of common stock in 4Q 2014. |

----

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----

----

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|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands, except per share data)                | 4Q 2014 |   | 3Q 2014 |   | 2Q 2014 |   | 1Q 2014 |   | 4Q 2013 |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest Income                                      |   |   |   |   |   |   |   |   |   |
| Interest and fees on loans                           | $ | 15,871 |  |   | $ | 14,855 |  |   | $ | 14,376 |  |   | $ | 14,081 |  |   | $ | 14,976 |  |
| Interest and dividends on investment securities      | 3,242 |  |   | 3,400 |  |   | 3,731 |  |   | 3,695 |  |   | 3,815 |  |
| Other interest income                                | 158 |  |   | 140 |  |   | 156 |  |   | 151 |  |   | 141 |  |
|                                                 | Total interest income | 19,271 |  |   | 18,395 |  |   | 18,263 |  |   | 17,927 |  |   | 18,932 |  |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest Expense                                     |   |   |   |   |   |   |   |   |   |
| Deposits                                             | 1,741 |  |   | 1,725 |  |   | 1,741 |  |   | 1,702 |  |   | 1,839 |  |
| Retail repurchase agreements                         | 5 |  |   | 5 |  |   | 3 |  |   | 3 |  |   | 7 |  |
| Federal Home Loan Bank advances                      | 516 |  |   | 521 |  |   | 514 |  |   | 469 |  |   | 340 |  |
| Other borrowed funds                                 | 288 |  |   | 296 |  |   | 287 |  |   | 274 |  |   | 282 |  |
|                                                 | Total interest expense | 2,550 |  |   | 2,547 |  |   | 2,545 |  |   | 2,448 |  |   | 2,468 |  |
| Net interest income before provision for loan losses | 16,721 |  |   | 15,848 |  |   | 15,718 |  |   | 15,479 |  |   | 16,464 |  |
| Provision for (recovery of) loan losses              | (1,323 | ) |   | (1,679 | ) |   | (1,685 | ) |   | (684 | ) |   | 1,820 |  |
|                                                 | Net interest income after provision for loan losses | 18,044 |  |   | 17,527 |  |   | 17,403 |  |   | 16,163 |  |   | 14,644 |  |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest Income                                   |   |   |   |   |   |   |   |   |   |
| Service charges on deposit accounts                  | 1,585 |  |   | 1,583 |  |   | 1,619 |  |   | 1,564 |  |   | 1,798 |  |
| Mortgage loan income                                 | 241 |  |   | 205 |  |   | 261 |  |   | 174 |  |   | 235 |  |
| Cardholder and merchant services income              | 1,298 |  |   | 1,183 |  |   | 1,209 |  |   | 1,113 |  |   | 1,127 |  |
| Trust and investment services                        | 394 |  |   | 344 |  |   | 399 |  |   | 358 |  |   | 341 |  |
| Bank owned life insurance                            | 350 |  |   | 273 |  |   | 278 |  |   | 252 |  |   | 267 |  |
| Other service charges, commissions and fees          | 366 |  |   | 290 |  |   | 332 |  |   | 352 |  |   | 356 |  |
| Securities gains, net                                | 220 |  |   | 34 |  |   | 720 |  |   | — |  |   | — |  |
| Other income                                         | 89 |  |   | 73 |  |   | 75 |  |   | 130 |  |   | 23 |  |
|                                                 | Total noninterest income | 4,543 |  |   | 3,985 |  |   | 4,893 |  |   | 3,943 |  |   | 4,147 |  |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest Expense                                  |   |   |   |   |   |   |   |   |   |
| Personnel expense                                    | 10,717 |  |   | 12,616 |  |   | 9,956 |  |   | 10,393 |  |   | 9,512 |  |
| Net occupancy expense                                | 1,526 |  |   | 1,521 |  |   | 1,512 |  |   | 1,553 |  |   | 1,331 |  |
| Furniture, equipment and data processing expense     | 2,078 |  |   | 2,208 |  |   | 2,047 |  |   | 2,003 |  |   | 2,126 |  |
| Professional fees                                    | 671 |  |   | 699 |  |   | 467 |  |   | 633 |  |   | 625 |  |
| Stationery, printing and supplies                    | 162 |  |   | 149 |  |   | 173 |  |   | 162 |  |   | 135 |  |
| Advertising and marketing                            | 274 |  |   | 142 |  |   | 147 |  |   | 153 |  |   | 141 |  |
| Other real estate owned expense (recovery)           | 572 |  |   | (29 | ) |   | 954 |  |   | 261 |  |   | 21 |  |
| Credit/debit card expense                            | 568 |  |   | 520 |  |   | 604 |  |   | 595 |  |   | 618 |  |
| FDIC insurance                                       | 422 |  |   | 412 |  |   | 595 |  |   | 639 |  |   | 663 |  |
| Loan collection expense                              | 170 |  |   | 198 |  |   | 551 |  |   | 657 |  |   | 548 |  |
| Core deposit intangible amortization                 | 351 |  |   | 352 |  |   | 352 |  |   | 352 |  |   | 351 |  |
| Other expense                                        | 2,935 |  |   | 1,227 |  |   | 1,910 |  |   | 1,405 |  |   | 1,479 |  |
|                                                 | Total noninterest expense | 20,446 |  |   | 20,015 |  |   | 19,268 |  |   | 18,806 |  |   | 17,550 |  |
| Income before income taxes                           | 2,141 |  |   | 1,497 |  |   | 3,028 |  |   | 1,300 |  |   | 1,241 |  |
| Income tax expense (benefit)                         | (142,475 | ) |   | (276 | ) |   | 236 |  |   | 23 |  |   | (1,049 | ) |
| Net Income                                           | $ | 144,616 |  |   | $ | 1,773 |  |   | $ | 2,792 |  |   | $ | 1,277 |  |   | $ | 2,290 |  |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average shares outstanding - basic          | 21,846 |  |   | 21,739 |  |   | 21,889 |  |   | 21,936 |  |   | 21,756 |  |
| Weighted average shares outstanding - diluted        | 21,858 |  |   | 21,747 |  |   | 21,900 |  |   | 21,936 |  |   | 21,756 |  |
| Net income per share - basic                         | $ | 6.62 |  |   | $ | 0.08 |  |   | $ | 0.13 |  |   | $ | 0.06 |  |   | $ | 0.11 |  |
| Net income per share - diluted                       | 6.62 |  |   | 0.08 |  |   | 0.13 |  |   | 0.06 |  |   | 0.11 |  |

----

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands)                              | 4Q 2014 |   | 3Q 2014 |   | 2Q 2014 |   | 1Q 2014 |   | 4Q 2013 |
|                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Assets                                      |   |   |   |   |   |   |   |   |   |
| Cash and due from banks                     | $ | 29,202 |  |   | $ | 26,411 |  |   | $ | 30,377 |  |   | $ | 31,591 |  |   | $ | 31,917 |  |
| Interest-bearing bank balances              | 66,680 |  |   | 33,669 |  |   | 40,100 |  |   | 73,360 |  |   | 35,513 |  |
| Investment securities:                      |   |   |   |   |   |   |   |   |   |
|                                        | Available-for-sale | 350,040 |  |   | 363,296 |  |   | 399,110 |  |   | 402,468 |  |   | 414,614 |  |
|                                        | Held-to-maturity | 142,461 |  |   | 144,684 |  |   | 147,055 |  |   | 149,060 |  |   | 151,795 |  |
| Loans held for sale                         | 2,796 |  |   | 2,268 |  |   | 1,765 |  |   | 1,961 |  |   | 1,836 |  |
| Loans held for investment                   | 1,357,788 |  |   | 1,318,117 |  |   | 1,269,865 |  |   | 1,219,785 |  |   | 1,212,248 |  |
|                                        | Less:  Allowance for loan losses | (20,345 | ) |   | (21,525 | ) |   | (23,975 | ) |   | (26,039 | ) |   | (26,785 | ) |
|                                        |   | Net loans held for investment | 1,337,443 |  |   | 1,296,592 |  |   | 1,245,890 |  |   | 1,193,746 |  |   | 1,185,463 |  |
| Premises and equipment, net                 | 46,782 |  |   | 47,416 |  |   | 47,855 |  |   | 48,172 |  |   | 50,889 |  |
| Other real estate owned                     | 20,411 |  |   | 20,289 |  |   | 21,871 |  |   | 24,624 |  |   | 28,395 |  |
| Core deposit premiums and other intangibles | 5,681 |  |   | 5,986 |  |   | 6,296 |  |   | 6,597 |  |   | 6,914 |  |
| Goodwill                                    | 4,205 |  |   | 4,205 |  |   | 4,205 |  |   | 4,205 |  |   | 4,205 |  |
| Bank-owned life insurance                   | 39,946 |  |   | 40,797 |  |   | 40,504 |  |   | 40,210 |  |   | 39,940 |  |
| Deferred tax asset, net                     | 146,432 |  |   | 5,564 |  |   | 5,188 |  |   | 8,153 |  |   | 10,215 |  |
| Other assets                                | 23,435 |  |   | 24,616 |  |   | 23,297 |  |   | 24,334 |  |   | 23,336 |  |
|                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |   | Total Assets | $ | 2,215,514 |  |   | $ | 2,015,793 |  |   | $ | 2,013,513 |  |   | $ | 2,008,481 |  |   | $ | 1,985,032 |  |
|                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities                                 |   |   |   |   |   |   |   |   |   |
| Deposits:                                   |   |   |   |   |   |   |   |   |   |
|                                        | Noninterest-bearing demand deposits | $ | 323,776 |  |   | $ | 317,981 |  |   | $ | 321,829 |  |   | $ | 315,515 |  |   | $ | 290,461 |  |
|                                        | Interest-bearing deposits: |   |   |   |   |   |   |   |   |   |
|                                        |   | Demand, savings and money market deposits | 882,332 |  |   | 859,003 |  |   | 850,514 |  |   | 879,419 |  |   | 875,970 |  |
|                                        |   | Time deposits | 588,312 |  |   | 581,946 |  |   | 591,422 |  |   | 572,996 |  |   | 582,274 |  |
|                                        | Total deposits | 1,794,420 |  |   | 1,758,930 |  |   | 1,763,765 |  |   | 1,767,930 |  |   | 1,748,705 |  |
| Retail repurchase agreements                | 9,076 |  |   | 12,217 |  |   | 8,333 |  |   | 5,152 |  |   | 6,917 |  |
| Federal Home Loan Bank advances             | 68,234 |  |   | 73,246 |  |   | 73,259 |  |   | 73,271 |  |   | 73,283 |  |
| Junior subordinated debentures              | 56,702 |  |   | 56,702 |  |   | 56,702 |  |   | 56,702 |  |   | 56,702 |  |
| Long term notes payable                     | 5,338 |  |   | 5,319 |  |   | 5,300 |  |   | 5,281 |  |   | 5,263 |  |
| Other liabilities                           | 14,828 |  |   | 14,889 |  |   | 13,457 |  |   | 14,814 |  |   | 13,801 |  |
|                                        | Total Liabilities | 1,948,598 |  |   | 1,921,303 |  |   | 1,920,816 |  |   | 1,923,150 |  |   | 1,904,671 |  |
|                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Shareholders' Equity                        |   |   |   |   |   |   |   |   |   |
| Preferred Stock, 10,000,000 authorized      |   |   |   |   |   |   |   |   |   |
|                                        | Series A, $10.00 par value, 51,500 issued and no shares outstanding | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|                                        | Series B, no par value, 250,000 authorized, no shares issued or outstanding | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Common stock                                | 487,603 |  |   | 462,357 |  |   | 462,206 |  |   | 462,037 |  |   | 461,636 |  |
| Accumulated deficit                         | (213,212 | ) |   | (357,828 | ) |   | (359,601 | ) |   | (362,393 | ) |   | (363,670 | ) |
| Accumulated other comprehensive loss        | (7,475 | ) |   | (10,039 | ) |   | (9,908 | ) |   | (14,313 | ) |   | (17,605 | ) |
|                                        | Total Shareholders' Equity | 266,916 |  |   | 94,490 |  |   | 92,697 |  |   | 85,331 |  |   | 80,361 |  |
|                                        |   |   |   |   |   |   |   |   |   |   |   |
|                                        |   | Total Liabilities and Shareholders' Equity | $ | 2,215,514 |  |   | $ | 2,015,793 |  |   | $ | 2,013,513 |  |   | $ | 2,008,481 |  |   | $ | 1,985,032 |  |

----

|                                                                                                                                 |
|---------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands, except per share data)                                                                                           | 4Q 2014 |   | 3Q 2014 |   | 2Q 2014 |   | 1Q 2014 |   | 4Q 2013 |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income Statement Data                                                                                                           |   |   |   |   |   |   |   |   |   |
|  Net interest income                                                                                                       | $ | 16,721 |  |   | $ | 15,848 |  |   | $ | 15,718 |  |   | $ | 15,479 |  |   | $ | 16,464 |  |
|  Provision for (recovery of) loan losses                                                                                   | (1,323 | ) |   | (1,679 | ) |   | (1,685 | ) |   | (684 | ) |   | 1,820 |  |
|  Noninterest income                                                                                                        | 4,543 |  |   | 3,985 |  |   | 4,893 |  |   | 3,943 |  |   | 4,147 |  |
|  Noninterest expense                                                                                                       | 20,446 |  |   | 20,015 |  |   | 19,268 |  |   | 18,806 |  |   | 17,550 |  |
|  Income before taxes                                                                                                       | 2,141 |  |   | 1,497 |  |   | 3,028 |  |   | 1,300 |  |   | 1,241 |  |
|  Net income                                                                                                                | 144,616 |  |   | 1,773 |  |   | 2,792 |  |   | 1,277 |  |   | 2,290 |  |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Period End Balances                                                                                                             |   |   |   |   |   |   |   |   |   |
|  Assets                                                                                                                    | $ | 2,215,514 |  |   | $ | 2,015,793 |  |   | $ | 2,013,513 |  |   | $ | 2,008,481 |  |   | $ | 1,985,032 |  |
|  Loans held for sale                                                                                                       | 2,796 |  |   | 2,268 |  |   | 1,765 |  |   | 1,961 |  |   | 1,836 |  |
|  Loans held for investment                                                                                                 | 1,357,788 |  |   | 1,318,117 |  |   | 1,269,865 |  |   | 1,219,785 |  |   | 1,212,248 |  |
|  Allowance for loan losses                                                                                                 | (20,345 | ) |   | (21,525 | ) |   | (23,975 | ) |   | (26,039 | ) |   | (26,785 | ) |
|  Goodwill                                                                                                                  | 4,205 |  |   | 4,205 |  |   | 4,205 |  |   | 4,205 |  |   | 4,205 |  |
|  Deposits                                                                                                                  | 1,794,420 |  |   | 1,758,930 |  |   | 1,763,765 |  |   | 1,767,930 |  |   | 1,748,705 |  |
|  Borrowings                                                                                                                | 139,350 |  |   | 147,484 |  |   | 143,594 |  |   | 140,406 |  |   | 142,165 |  |
|  Shareholders' equity                                                                                                      | 266,916 |  |   | 94,490 |  |   | 92,697 |  |   | 85,331 |  |   | 80,361 |  |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Average Balances                                                                                                                |   |   |   |   |   |   |   |   |   |
|  Assets                                                                                                                    | $ | 2,042,109 |  |   | $ | 2,004,071 |  |   | $ | 1,997,909 |  |   | $ | 1,979,036 |  |   | $ | 2,015,219 |  |
|  Loans held for sale                                                                                                       | 1,997 |  |   | 1,446 |  |   | 1,664 |  |   | 1,298 |  |   | 2,529 |  |
|  Loans held for investment                                                                                                 | 1,338,877 |  |   | 1,288,272 |  |   | 1,237,183 |  |   | 1,208,416 |  |   | 1,196,780 |  |
|  Allowance for loan losses                                                                                                 | (21,552 | ) |   | (24,110 | ) |   | (26,544 | ) |   | (26,942 | ) |   | (25,675 | ) |
|  Goodwill                                                                                                                  | 4,205 |  |   | 4,205 |  |   | 4,205 |  |   | 4,205 |  |   | 4,205 |  |
|  Deposits                                                                                                                  | 1,785,575 |  |   | 1,753,380 |  |   | 1,755,127 |  |   | 1,739,354 |  |   | 1,770,018 |  |
|  Borrowings                                                                                                                | 144,315 |  |   | 144,830 |  |   | 141,390 |  |   | 142,244 |  |   | 146,721 |  |
|  Shareholders' equity                                                                                                      | 99,445 |  |   | 93,051 |  |   | 88,140 |  |   | 83,776 |  |   | 82,216 |  |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Per Share Data                                                                                                                  |   |   |   |   |   |   |   |   |   |
|  Net income per share - basic                                                                                              | $ | 6.62 |  |   | $ | 0.08 |  |   | $ | 0.13 |  |   | $ | 0.06 |  |   | $ | 0.11 |  |
|  Net income per share - diluted                                                                                            | 6.62 |  |   | 0.08 |  |   | 0.13 |  |   | 0.06 |  |   | 0.11 |  |
|  Book value (Shareholders' Equity)                                                                                         | 11.04 |  |   | 4.35 |  |   | 4.26 |  |   | 3.88 |  |   | 3.68 |  |
|  Tangible book value (Tangible Shareholders' Equity)1                                                                      | 10.63 |  |   | 3.88 |  |   | 3.78 |  |   | 3.39 |  |   | 3.17 |  |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Performance Ratios                                                                                                              |   |   |   |   |   |   |   |   |   |
| Return on average assets                                                                                                        | 28.10 |  % |   | 0.35 | % |   | 0.56 | % |   | 0.26 | % |   | 0.45 | % |
| Return on average equity                                                                                                        | 577.0 |  % |   | 7.6 | % |   | 12.7 | % |   | 6.2 | % |   | 11.0 | % |
| Net interest margin (tax equivalent)                                                                                            | 3.49 |  % |   | 3.38 | % |   | 3.40 | % |   | 3.43 | % |   | 3.52 | % |
| PCNR noninterest expense to average assets1                                                                                     | 3.55 |  % |   | 3.55 | % |   | 3.47 | % |   | 3.59 | % |   | 3.34 | % |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Asset Quality Ratios                                                                                                            |   |   |   |   |   |   |   |   |   |
| Allowance for loan losses to loans held for investment                                                                          | 1.50 |  % |   | 1.63 | % |   | 1.89 | % |   | 2.13 | % |   | 2.21 | % |
| Net annualized charge-offs (recoveries) to average loans   held for investment                                   | (0.04 | )% |   | 0.24 | % |   | 0.12 | % |   | 0.02 | % |   | 0.14 | % |
| Nonperforming assets to total assets                                                                                            | 2.1 |  % |   | 2.4 | % |   | 2.7 | % |   | 2.9 | % |   | 3.2 | % |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Capital and Other Ratios                                                                                                        |   |   |   |   |   |   |   |   |   |
| CommunityOne Bancorp leverage capital                                                                                           | 9.78 |  % |   | 6.48 | % |   | 6.35 | % |   | 6.20 | % |   | 5.96 | % |
| CommunityOne Bank, N.A. leverage capital                                                                                        | 9.94 |  % |   | 7.97 | % |   | 7.86 | % |   | 7.74 | % |   | 7.49 | % |
| Loans held for investment to deposits                                                                                           | 76 |  % |   | 75 | % |   | 72 | % |   | 69 | % |   | 69 | % |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |
| 1 Non-GAAP measure. See Quarterly Non-GAAP Measures table for reconciliation to the most directly comparable GAAP measure. |

----

|                                                            |
|------------------------------------------------------------|
|                                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands, except per share data)                      | 2014 |   | 2013 |   | 2012 |
| Interest Income                                            |   |   |   |   |   |
| Interest and fees on loans                                 | $ | 59,183 |  |   | $ | 60,147 |  |   | $ | 65,987 |  |
| Interest and dividends on investment securities            | 14,068 |  |   | 14,180 |  |   | 10,778 |  |
| Other interest income                                      | 605 |  |   | 665 |  |   | 1,223 |  |
|                                                       | Total interest income | 73,856 |  |   | 74,992 |  |   | 77,988 |  |
|                                                       |   |   |   |   |   |   |   |   |   |
| Interest Expense                                           |   |   |   |   |   |
| Deposits                                                   | 6,909 |  |   | 8,070 |  |   | 14,074 |  |
| Retail repurchase agreements                               | 16 |  |   | 21 |  |   | 29 |  |
| Federal Home Loan Bank advances                            | 2,020 |  |   | 1,376 |  |   | 1,448 |  |
| Other borrowed funds                                       | 1,145 |  |   | 1,092 |  |   | 1,157 |  |
|                                                       | Total interest expense | 10,090 |  |   | 10,559 |  |   | 16,708 |  |
| Net interest income before provision for loan losses       | 63,766 |  |   | 64,433 |  |   | 61,280 |  |
| Provision for (recovery of) loan losses                    | (5,371 | ) |   | 523 |  |   | 14,049 |  |
|                                                       | Net interest income after provision for loan losses | 69,137 |  |   | 63,910 |  |   | 47,231 |  |
|                                                       |   |   |   |   |   |   |   |   |   |
| Noninterest Income                                         |   |   |   |   |   |
| Service charges on deposit accounts                        | 6,351 |  |   | 6,714 |  |   | 7,080 |  |
| Mortgage loan income                                       | 881 |  |   | 2,319 |  |   | 2,065 |  |
| Cardholder and merchant services income                    | 4,803 |  |   | 4,531 |  |   | 4,579 |  |
| Trust and investment services                              | 1,495 |  |   | 1,305 |  |   | 1,036 |  |
| Bank owned life insurance                                  | 1,153 |  |   | 1,073 |  |   | 1,195 |  |
| Other service charges, commissions and fees                | 1,340 |  |   | 1,315 |  |   | 1,128 |  |
| Securities gains, net                                      | 974 |  |   | 2,772 |  |   | 4,121 |  |
| Other income                                               | 367 |  |   | 385 |  |   | 754 |  |
|                                                       | Total noninterest income | 17,364 |  |   | 20,414 |  |   | 21,958 |  |
|                                                       |   |   |   |   |   |   |   |   |   |
| Noninterest Expense                                        |   |   |   |   |   |
| Personnel expense                                          | 43,682 |  |   | 40,661 |  |   | 40,051 |  |
| Net occupancy expense                                      | 6,112 |  |   | 6,391 |  |   | 6,461 |  |
| Furniture, equipment and data processing expense           | 8,336 |  |   | 8,638 |  |   | 8,721 |  |
| Professional fees                                          | 2,470 |  |   | 3,100 |  |   | 5,266 |  |
| Stationery, printing and supplies                          | 646 |  |   | 644 |  |   | 637 |  |
| Advertising and marketing                                  | 716 |  |   | 1,135 |  |   | 957 |  |
| Other real estate owned expense (recovery)                 | 1,758 |  |   | 4,138 |  |   | 27,883 |  |
| Credit/debit card expense                                  | 2,287 |  |   | 2,143 |  |   | 1,717 |  |
| FDIC insurance                                             | 2,068 |  |   | 2,643 |  |   | 3,499 |  |
| Loan collection expense                                    | 1,576 |  |   | 4,333 |  |   | 3,274 |  |
| Merger-related expense                                     | — |  |   | 3,498 |  |   | 3,241 |  |
| Core deposit intangible amortization                       | 1,407 |  |   | 1,407 |  |   | 1,407 |  |
| Other expense                                              | 7,477 |  |   | 5,750 |  |   | 7,092 |  |
|                                                       | Total noninterest expense | 78,535 |  |   | 84,481 |  |   | 110,206 |  |
| Net income (loss) before taxes                             | 7,966 |  |   | (157 | ) |   | (41,017 | ) |
| Income tax expense (benefit)                               | (142,492 | ) |   | 1,326 |  |   | (1,039 | ) |
| Net income (loss) from continuing operations, net of tax   | 150,458 |  |   | (1,483 | ) |   | (39,978 | ) |
| Net income (loss) from discontinued operations, net of tax | — |  |   | — |  |   | (27 | ) |
|                                                       |   |   |   |   |   |
| Net Income (Loss)                                          | $ | 150,458 |  |   | $ | (1,483 | ) |   | $ | (40,005 | ) |
|                                                       |   |   |   |   |   |
| Weighted average shares outstanding - basic                | 21,852 |  |   | 21,731 |  |   | 21,368 |  |
| Weighted average shares outstanding - diluted              | 21,864 |  |   | 21,731 |  |   | 21,368 |  |
| Net income (loss) per share - basic                        | $ | 6.89 |  |   | $ | (0.07 | ) |   | $ | (1.87 | ) |
| Net income (loss) per share - diluted                      | 6.88 |  |   | (0.07 | ) |   | (1.87 | ) |

----

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands)                              | 2014 |   | 2013 |   | 2012 |
|                                        |   |   |   |   |   |   |   |   |   |
| Assets                                      |   |   |   |   |   |
| Cash and due from banks                     | $ | 29,202 |  |   | $ | 31,917 |  |   | $ | 38,552 |  |
| Interest-bearing bank balances              | 66,680 |  |   | 35,513 |  |   | 201,058 |  |
| Investment securities:                      |   |   |   |   |   |
|                                        | Available-for-sale | 350,040 |  |   | 414,614 |  |   | 564,850 |  |
|                                        | Held-to-maturity | 142,461 |  |   | 151,795 |  |   | — |  |
| Loans held for sale                         | 2,796 |  |   | 1,836 |  |   | 6,974 |  |
| Loans held for investment                   | 1,357,788 |  |   | 1,212,248 |  |   | 1,177,035 |  |
|                                        | Less:  Allowance for loan losses | (20,345 | ) |   | (26,785 | ) |   | (29,314 | ) |
|                                        |   | Net loans held for investment | 1,337,443 |  |   | 1,185,463 |  |   | 1,147,721 |  |
| Premises and equipment, net                 | 46,782 |  |   | 50,889 |  |   | 52,725 |  |
| Other real estate owned                     | 20,411 |  |   | 28,395 |  |   | 63,131 |  |
| Core deposit premiums and other intangibles | 5,681 |  |   | 6,914 |  |   | 7,495 |  |
| Goodwill                                    | 4,205 |  |   | 4,205 |  |   | 4,205 |  |
| Bank-owned life insurance                   | 39,946 |  |   | 39,940 |  |   | 38,792 |  |
| Deferred tax asset, net                     | 146,432 |  |   | 10,215 |  |   | 788 |  |
| Other assets                                | 23,435 |  |   | 23,336 |  |   | 25,274 |  |
|                                        |   |   |   |   |   |   |   |   |   |
|                                        |   | Total Assets | $ | 2,215,514 |  |   | $ | 1,985,032 |  |   | $ | 2,151,565 |  |
|                                        |   |   |   |   |   |   |   |   |   |
| Liabilities                                 |   |   |   |   |   |
| Deposits:                                   |   |   |   |   |   |
|                                        | Noninterest-bearing demand deposits | $ | 323,776 |  |   | $ | 290,461 |  |   | $ | 251,235 |  |
|                                        | Interest-bearing deposits: |   |   |   |   |   |
|                                        |   | Demand, savings and money market deposits | 882,332 |  |   | 875,970 |  |   | 892,576 |  |
|                                        |   | Time deposits | 588,312 |  |   | 582,274 |  |   | 763,177 |  |
|                                        | Total deposits | 1,794,420 |  |   | 1,748,705 |  |   | 1,906,988 |  |
| Retail repurchase agreements                | 9,076 |  |   | 6,917 |  |   | 8,675 |  |
| Federal Home Loan Bank advances             | 68,234 |  |   | 73,283 |  |   | 58,328 |  |
| Junior subordinated debentures              | 56,702 |  |   | 56,702 |  |   | 56,702 |  |
| Long term notes payable                     | 5,338 |  |   | 5,263 |  |   | — |  |
| Other liabilities                           | 14,828 |  |   | 13,801 |  |   | 22,427 |  |
|                                        | Total Liabilities | 1,948,598 |  |   | 1,904,671 |  |   | 2,053,120 |  |
|                                        |   |   |   |   |   |   |   |   |   |
| Shareholders' Equity                        |   |   |   |   |   |
| Preferred Stock, 10,000,000 authorized      |   |   |   |   |   |
|                                        | Series A, $10.00 par value, 51,500 issued and no shares outstanding | — |  |   | — |  |   | — |  |
|                                        | Series B, no par value, 250,000 authorized, no shares issued or outstanding | — |  |   | — |  |   | — |  |
| Common stock                                | 487,603 |  |   | 461,636 |  |   | 460,955 |  |
| Accumulated deficit                         | (213,212 | ) |   | (363,670 | ) |   | (362,187 | ) |
| Accumulated other comprehensive loss        | (7,475 | ) |   | (17,605 | ) |   | (323 | ) |
|                                        | Total Shareholders' Equity | 266,916 |  |   | 80,361 |  |   | 98,445 |  |
|                                        |   | Total Liabilities and Shareholders' Equity | $ | 2,215,514 |  |   | $ | 1,985,032 |  |   | $ | 2,151,565 |  |

----

|                                                                                                                                 |
|---------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands, except per share data)                                                                                           | 2014 |   | 2013 |   | 2012 |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Income Statement Data                                                                                                           |   |   |   |   |   |
|  Net interest income                                                                                                       | $ | 63,766 |  |   | $ | 64,433 |  |   | $ | 61,280 |  |
|  Provision for (recovery of) loan losses                                                                                   | (5,371 | ) |   | 523 |  |   | 14,049 |  |
|  Noninterest income                                                                                                        | 17,364 |  |   | 20,414 |  |   | 21,958 |  |
|  Noninterest expense                                                                                                       | 78,535 |  |   | 84,481 |  |   | 110,206 |  |
|  Income before taxes                                                                                                       | 7,966 |  |   | (157 | ) |   | (41,017 | ) |
|  Loss from discontinued operations, net of tax                                                                             | — |  |   | — |  |   | (27 | ) |
|  Net income (loss)                                                                                                         | 150,458 |  |   | (1,483 | ) |   | (40,005 | ) |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Period End Balances                                                                                                             |   |   |   |   |   |
|  Assets                                                                                                                    | $ | 2,215,514 |  |   | $ | 1,985,032 |  |   | $ | 2,151,565 |  |
|  Loans held for sale                                                                                                       | 2,796 |  |   | 1,836 |  |   | 6,974 |  |
|  Loans held for investment                                                                                                 | 1,357,788 |  |   | 1,212,248 |  |   | 1,177,035 |  |
|  Allowance for loan losses                                                                                                 | (20,345 | ) |   | (26,785 | ) |   | (29,314 | ) |
|  Goodwill                                                                                                                  | 4,205 |  |   | 4,205 |  |   | 4,205 |  |
|  Deposits                                                                                                                  | 1,794,420 |  |   | 1,748,705 |  |   | 1,906,988 |  |
|  Borrowings                                                                                                                | 139,350 |  |   | 142,165 |  |   | 123,705 |  |
|  Shareholders' equity                                                                                                      | 266,916 |  |   | 80,361 |  |   | 98,445 |  |
|                                                                                                                            |   |   |   |   |   |   |   |   |
| Average Balances                                                                                                                |   |   |   |   |   |
|  Assets                                                                                                                    | $ | 2,005,948 |  |   | $ | 2,047,146 |  |   | $ | 2,291,541 |  |
|  Loans held for sale                                                                                                       | 1,603 |  |   | 3,693 |  |   | 5,312 |  |
|  Loans held for investment                                                                                                 | 1,268,599 |  |   | 1,158,985 |  |   | 1,240,550 |  |
|  Allowance for loan losses                                                                                                 | (24,770 | ) |   | (27,596 | ) |   | (36,738 | ) |
|  Goodwill                                                                                                                  | 4,205 |  |   | 4,205 |  |   | 4,130 |  |
|  Deposits                                                                                                                  | 1,758,471 |  |   | 1,809,575 |  |   | 2,027,425 |  |
|  Borrowings                                                                                                                | 143,206 |  |   | 131,710 |  |   | 124,914 |  |
|  Shareholders' equity                                                                                                      | 91,151 |  |   | 85,576 |  |   | 114,684 |  |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Per Share Data                                                                                                                  |   |   |   |   |   |
|  Net income (loss) per share - basic                                                                                       | $ | 6.89 |  |   | $ | (0.07 | ) |   | $ | (1.87 | ) |
|  Net income (loss) per share - diluted                                                                                     | 6.88 |  |   | (0.07 | ) |   | (1.87 | ) |
|  Book value (Shareholders' Equity)                                                                                         | 11.04 |  |   | 3.68 |  |   | 4.54 |  |
|  Tangible book value (Tangible Shareholders' Equity)1                                                                      | 10.63 |  |   | 3.17 |  |   | 4.00 |  |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Performance Ratios                                                                                                              |   |   |   |   |   |
| Return on average assets                                                                                                        | 7.50 | % |   | (0.07 | )% |   | (1.75 | )% |
| Return on average equity                                                                                                        | 165.1 | % |   | (1.7 | )% |   | (34.9 | )% |
| Net interest margin (tax equivalent)                                                                                            | 3.43 | % |   | 3.44 |  % |   | 2.95 |  % |
| PCNR noninterest expense to average assets1                                                                                     | 3.54 | % |   | 3.50 |  % |   | 3.24 |  % |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Asset Quality Ratios                                                                                                            |   |   |   |   |   |
| Allowance for loan losses to loans held for investment                                                                          | 1.50 | % |   | 2.21 |  % |   | 2.49 |  % |
| Net annualized charge-offs (recoveries) to average loans   held for investment                                   | 0.08 | % |   | 0.26 |  % |   | 1.94 |  % |
| Nonperforming assets to total assets                                                                                            | 2.1 | % |   | 3.2 |  % |   | 6.6 |  % |
|                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Capital and Other Ratios                                                                                                        |   |   |   |   |   |
| CommunityOne Bancorp leverage capital                                                                                           | 9.78 | % |   | 5.96 |  % |   | 5.45 |  % |
| CommunityOne Bank, N.A. leverage capital                                                                                        | 9.94 | % |   | 7.49 |  % |   | 6.17 |  % |
| Loans held for investment to deposits                                                                                           | 76 | % |   | 69 |  % |   | 62 |  % |
| 1 Non-GAAP measure. See Quarterly Non-GAAP Measures table for reconciliation to the most directly comparable GAAP measure. |

----

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands)                                                 | 4Q 2014 |   | 3Q 2014 |   | 2Q 2014 |   | 1Q 2014 |   | 4Q 2013 |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Book Value (Shareholders' Equity)                              | $ | 266,916 |  |   | $ | 94,490 |  |   | $ | 92,697 |  |   | $ | 85,331 |  |   | $ | 80,361 |  |
| Less:                                                          |   |   |   |   |   |   |   |   |   |
|                                                           | Goodwill | (4,205 | ) |   | (4,205 | ) |   | (4,205 | ) |   | (4,205 | ) |   | (4,205 | ) |
|                                                           | Core deposit and other intangibles | (5,681 | ) |   | (5,986 | ) |   | (6,296 | ) |   | (6,597 | ) |   | (6,914 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Tangible Book Value (Tangible Shareholders' Equity) (Non-GAAP) | $ | 257,030 |  |   | $ | 84,299 |  |   | $ | 82,196 |  |   | $ | 74,529 |  |   | $ | 69,242 |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Income                                                     | $ | 144,616 |  |   | $ | 1,773 |  |   | $ | 2,792 |  |   | $ | 1,277 |  |   | $ | 2,290 |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less taxes, credit costs and nonrecurring items:               |   |   |   |   |   |   |   |   |   |
|                                                           | Income tax benefit (expense) | 142,475 |  |   | 276 |  |   | (236 | ) |   | (23 | ) |   | 1,049 |  |
|                                                           | Securities gains, net | 220 |  |   | 34 |  |   | 720 |  |   | — |  |   | — |  |
|                                                           | Other real estate owned expense | (572 | ) |   | 29 |  |   | (954 | ) |   | (261 | ) |   | (21 | ) |
|                                                           | Recovery of (provision for) loan losses | 1,323 |  |   | 1,679 |  |   | 1,685 |  |   | 684 |  |   | (1,820 | ) |
|                                                           | Mortgage and litigation accruals | — |  |   | — |  |   | (7 | ) |   | 75 |  |   | — |  |
|                                                           | US Treasury sale expenses | — |  |   | — |  |   | (409 | ) |   | — |  |   | — |  |
|                                                           | Loan collection expense | (170 | ) |   | (198 | ) |   | (551 | ) |   | (657 | ) |   | (548 | ) |
|                                                           | Branch closure and restructuring expenses | (1,566 | ) |   | — |  |   | (7 | ) |   | (183 | ) |   | (178 | ) |
|                                                           | Executive severance | — |  |   | (2,060 | ) |   | — |  |   | — |  |   | — |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PCNR Earnings (Non-GAAP)                                       | $ | 2,906 |  |   | $ | 2,013 |  |   | $ | 2,551 |  |   | $ | 1,642 |  |   | $ | 3,808 |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest Expense                                            | $ | 20,446 |  |   | $ | 20,015 |  |   | $ | 19,268 |  |   | $ | 18,806 |  |   | $ | 17,550 |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less credit costs and nonrecurring items:                      |   |   |   |   |   |   |   |   |   |
|                                                           | Other real estate owned expense | (572 | ) |   | 29 |  |   | (954 | ) |   | (261 | ) |   | (21 | ) |
|                                                           | Mortgage and litigation accruals | — |  |   | — |  |   | (7 | ) |   | 75 |  |   | — |  |
|                                                           | Loan collection expense | (170 | ) |   | (198 | ) |   | (551 | ) |   | (657 | ) |   | (548 | ) |
|                                                           | Branch closure and restructuring expenses | (1,566 | ) |   | — |  |   | (7 | ) |   | (183 | ) |   | (178 | ) |
|                                                           | US Treasury sale expenses | — |  |   | — |  |   | (409 | ) |   | — |  |   | — |  |
|                                                           | Executive severance | — |  |   | (2,060 | ) |   | — |  |   | — |  |   | — |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PCNR Noninterest Expense (Non-GAAP)                            | $ | 18,138 |  |   | $ | 17,786 |  |   | $ | 17,340 |  |   | $ | 17,780 |  |   | $ | 16,803 |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest Income                                             | $ | 4,543 |  |   | $ | 3,985 |  |   | $ | 4,893 |  |   | $ | 3,943 |  |   | $ | 4,147 |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less nonrecurring items:                                       |   |   |   |   |   |   |   |   |   |
|                                                           | Securities gains, net | 220 |  |   | 34 |  |   | 720 |  |   | — |  |   | — |  |
|                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PCNR Noninterest Income (Non-GAAP)                             | $ | 4,323 |  |   | $ | 3,951 |  |   | $ | 4,173 |  |   | $ | 3,943 |  |   | $ | 4,147 |  |

----

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in thousands)                                                 | 2014 |   | 2013 |   | 2012 |
|                                                           |   |   |   |   |   |   |   |   |   |
| Book Value (Shareholders' Equity)                              | $ | 266,916 |  |   | $ | 80,361 |  |   | $ | 98,445 |  |
| Less:                                                          |   |   |   |   |   |
|                                                           | Goodwill | (4,205 | ) |   | (4,205 | ) |   | (4,205 | ) |
|                                                           | Core deposit and other intangibles | (5,681 | ) |   | (6,914 | ) |   | (7,495 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |
| Tangible Book Value (Tangible Shareholders' Equity) (Non-GAAP) | $ | 257,030 |  |   | $ | 69,242 |  |   | $ | 86,745 |  |
|                                                           |   |   |   |   |   |   |   |   |   |
|                                                           |   |   |   |   |   |   |   |   |   |
| Net Income (Loss)                                              | $ | 150,458 |  |   | $ | (1,483 | ) |   | $ | (40,005 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |
| Less taxes, credit costs and nonrecurring items:               |   |   |   |   |   |
|                                                           | Loss on discontinued operations, net | — |  |   | — |  |   | (27 | ) |
|                                                           | Securities gains, net | 974 |  |   | 2,772 |  |   | 4,121 |  |
|                                                           | Income tax benefit (expense) | 142,492 |  |   | (1,326 | ) |   | 1,039 |  |
|                                                           | Other real estate owned expense | (1,758 | ) |   | (4,138 | ) |   | (27,883 | ) |
|                                                           | Recovery of (provision for) loan losses | 5,371 |  |   | (523 | ) |   | (14,049 | ) |
|                                                           | Mortgage and litigation accruals | 68 |  |   | 487 |  |   | (1,100 | ) |
|                                                           | US Treasury sale expenses | (409 | ) |   | — |  |   | — |  |
|                                                           | Loan collection expense | (1,576 | ) |   | (4,333 | ) |   | (3,274 | ) |
|                                                           | Branch closure and restructuring expenses | (1,756 | ) |   | (675 | ) |   | (96 | ) |
|                                                           | Rebranding expense | — |  |   | (616 | ) |   | (397 | ) |
|                                                           | Executive severance | (2,060 | ) |   | — |  |   | — |  |
|                                                           | Merger-related expense | — |  |   | (3,498 | ) |   | (3,241 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |
| PCNR Earnings (Non-GAAP)                                       | $ | 9,112 |  |   | $ | 10,367 |  |   | $ | 4,902 |  |
|                                                           |   |   |   |   |   |   |   |   |   |
| Noninterest Expense                                            | $ | 78,535 |  |   | $ | 84,481 |  |   | $ | 110,206 |  |
|                                                           |   |   |   |   |   |   |   |   |   |
| Less credit costs and nonrecurring items:                      |   |   |   |   |   |
|                                                           | Other real estate owned expense | (1,758 | ) |   | (4,138 | ) |   | (27,883 | ) |
|                                                           | Mortgage and litigation accruals | 68 |  |   | 487 |  |   | (1,100 | ) |
|                                                           | Loan collection expense | (1,576 | ) |   | (4,333 | ) |   | (3,274 | ) |
|                                                           | Branch closure and restructuring expenses | (1,756 | ) |   | (675 | ) |   | (96 | ) |
|                                                           | US Treasury sale expenses | (409 | ) |   | — |  |   | — |  |
|                                                           | Rebranding expense | — |  |   | (616 | ) |   | (397 | ) |
|                                                           | Executive severance | (2,060 | ) |   | — |  |   | — |  |
|                                                           | Merger-related expense | — |  |   | (3,498 | ) |   | (3,241 | ) |
|                                                           |   |   |   |   |   |   |   |   |   |
| PCNR Noninterest Expense (Non-GAAP)                            | $ | 71,044 |  |   | $ | 71,708 |  |   | $ | 74,215 |  |
|                                                           |   |   |   |   |   |   |   |   |   |
| Noninterest Income                                             | $ | 17,364 |  |   | $ | 20,414 |  |   | $ | 21,958 |  |
|                                                           |   |   |   |   |   |   |   |   |   |
| Less nonrecurring items:                                       |   |   |   |   |   |
|                                                           | Securities gains, net | 974 |  |   | 2,772 |  |   | 4,121 |  |
|                                                           |   |   |   |   |   |   |   |   |   |
| PCNR Noninterest Income (Non-GAAP)                             | $ | 16,390 |  |   | $ | 17,642 |  |   | $ | 17,837 |  |