1
Fulton Financial
Corporation
-------------------------------------------------
February 1, 2010
Corporate Presentation
Data as of December 31, 2009
2
Forward-Looking Statement
n The following presentation may contain forward-looking statements about Fulton Financial Corporation’s
financial condition, business, strategies, products and services. Forward-looking statements are encouraged
by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the
Corporation’s current views and expectations based largely on information currently available to its
management, and on its current expectations, assumptions, plan, estimates, judgments, and projections about
its business and its industry, and they involve inherent risks, contingencies, uncertainties and other factors.
Although the Corporation believes that these forward-looking statements are based on reasonable estimates
and assumptions, the Corporation is unable to provide any assurance that its expectations will, in fact, occur
or that its estimates or assumptions will be correct and actual results could differ materially from those
expressed or implied by such forward-looking statements and such statements are not guarantees of future
performance. The Corporation undertakes no obligation to update or revise any forward-looking statements.
Accordingly, investors and others are cautioned not to place undue reliance on such forward-looking
statements.
financial condition, business, strategies, products and services. Forward-looking statements are encouraged
by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the
Corporation’s current views and expectations based largely on information currently available to its
management, and on its current expectations, assumptions, plan, estimates, judgments, and projections about
its business and its industry, and they involve inherent risks, contingencies, uncertainties and other factors.
Although the Corporation believes that these forward-looking statements are based on reasonable estimates
and assumptions, the Corporation is unable to provide any assurance that its expectations will, in fact, occur
or that its estimates or assumptions will be correct and actual results could differ materially from those
expressed or implied by such forward-looking statements and such statements are not guarantees of future
performance. The Corporation undertakes no obligation to update or revise any forward-looking statements.
Accordingly, investors and others are cautioned not to place undue reliance on such forward-looking
statements.
n Many factors could affect future financial results including, without limitation, acquisition and growth
strategies; market risk; changes or adverse developments in economic, political or regulatory conditions; a
continuation or worsening of the current disruption in credit and other markets, including the lack of or
reduced access to, and the abnormal functioning of markets for mortgage and other asset-backed securities
and for commercial paper and other short-term borrowings; the effect of competition and interest rates on net
interest margin and net interest income; investment strategy and income growth; investment securities gains;
declines in the value of securities which may result in charges to earnings; changes in rates of deposit and
loan growth; asset quality and the impact on assets from adverse changes in the economy and in credit and
other markets and resulting effects on credit risk and asset values; balances of risk-sensitive assets to risk-
sensitive liabilities; salaries and employee benefits and other expenses; amortization of intangible assets;
goodwill impairment; capital and liquidity strategies; and other financial and business matters for future
periods.
strategies; market risk; changes or adverse developments in economic, political or regulatory conditions; a
continuation or worsening of the current disruption in credit and other markets, including the lack of or
reduced access to, and the abnormal functioning of markets for mortgage and other asset-backed securities
and for commercial paper and other short-term borrowings; the effect of competition and interest rates on net
interest margin and net interest income; investment strategy and income growth; investment securities gains;
declines in the value of securities which may result in charges to earnings; changes in rates of deposit and
loan growth; asset quality and the impact on assets from adverse changes in the economy and in credit and
other markets and resulting effects on credit risk and asset values; balances of risk-sensitive assets to risk-
sensitive liabilities; salaries and employee benefits and other expenses; amortization of intangible assets;
goodwill impairment; capital and liquidity strategies; and other financial and business matters for future
periods.
n For a more complete discussion of certain risks and uncertainties affecting the Corporation, please see the
sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” set forth in the Corporation’s filings with the Securities and Exchange Commission.
sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” set forth in the Corporation’s filings with the Securities and Exchange Commission.
3
Presentation Outline
uCorporate Overview
uFranchise and Markets
uCustomer Experience / Satisfaction
uCapital
uCredit
uFourth Quarter Performance
uSummary
4
Fulton Financial Profile
n Mid-Atlantic regional financial holding company
n A family of 8 community banks in 5 states
n Fulton Financial Advisors
n Fulton Mortgage Company
n 270 community banking offices
n Asset size: $ 16.6 billion
n 3950 Team Members
n Market capitalization: $ 1.6 billion
n Book value per common share: $ 8.88
n Tangible book value per common share: $ 5.75
n Shares outstanding: 176 million
5
A Valuable Geographic Franchise
6
FDIC Market Share 6/30/09
n Market share increased in 36 out of 53
counties served across our five-state
footprint
counties served across our five-state
footprint
n Market share increased in 27 of the 31
counties served in Pennsylvania,
Maryland and Delaware.
counties served in Pennsylvania,
Maryland and Delaware.
7
*Source: SNL, Median HH Income, 2009 data
County
Rank
#
Projected Population
Change 2009-2014 (%)
Median HH
Projected HH
Income Change
2009-2014 (%)
Chester, PA
1
7
6.64
87,308
7.36
Montgomery, PA
2
3
1.85
80,212
5.01
Bucks, PA
3
6
2.22
79,444
4.95
Delaware, PA
4
1
0.10
66,300
5.25
Cumberland, PA
5
3
4.06
61,622
6.42
Lancaster, PA
8
28
3.46
59,484
5.61
York, PA
9
15
6.36
59,123
3.89
Berks, PA
10
9
3.73
58,885
4.18
Lehigh, PA
11
8
4.76
58,555
4.95
Average
3.87
67,114
5.37
Average of all
other (57)
-0.33
44,560
5.97
Serving PA’s Strongest Markets*
8
*Source: SNL Financial, 2009
County
# FFC
National
Ranking in
Median HH
FFC Affiliates in Affluent Markets*
9
FFC Counties
Unemployment
State
*FFC Averages are an average of the unemployment
rates of the counties in which FFC has branches.
rates of the counties in which FFC has branches.
*Source: SNL & US Department of Labor, Not Seasonally Adjusted
** County Data is as of November 2009
***State Data is as of December 2009
Unemployment Rates*
10
*Source: Freddie Mac, Q3 2009 Data
Metropolitan Statistical Area
Annual Change
US Home Price Index*
11
COMMUNITY BANKING
SMALL BUSINESS
HIGH NET WORTH
RETAIL BANKING
LISTENING IS JUST THE BEGINNING.
Our Brand
12
Care, Listen, Understand, Deliver
Superior Customer Experience
13
Attribute | Q1/2009 | Q3/2009 |
Employees are friendly and helpful | 9.6 | 9.6 |
Bank seems easy to work with | 9.5 | 9.5 |
Safety and security of a local bank | 9.3 | 9.3 |
Wait times are brief | 9.3 | 9.3 |
Wide range of products and services | 9.1 | 9.1 |
Listens to my needs | 9.1 | 9.1 |
Convenient branches and ATMs | 8.8 | 9.0 |
Resolves problems quickly | 9.1 | 9.0 |
Competitive interest rates | 8.8 | 8.5 |
Offers ability to conduct transactions on Internet | 8.4 | 8.4 |
Fees are generally low | 8.3 | 8.3 |
Bank is involved in the community | 8.4 | 8.2 |
Customer Satisfaction Metrics
14
With CPP | Without CPP | |
GAAP Capital | $1.94 billion | $1.57 billion |
Total Risk-Based Capital | $1.90 billion | $1.52 billion |
Ratios:
With CPP | Without CPP | |
Total Risk-Based Capital | 14.50% | 11.60% |
Tier 1 Risk-Based Capital | 11.70% | 8.90% |
Leverage Capital | 9.70% | 7.30% |
Tangible Common Equity | 6.30% | 6.30% |
Tangible Common Equity to Risk-Weighted Assets | 7.76% | 7.76% |
Capital 12/31/09 (Estimates)
15
Average
% of
09 v. 08
%
Balance
Total
Growth
Growth
Pennsylvania
6,576,000
$
54.8%
178,000
$
3%
New Jersey
2,483,000
20.7%
15,000
1%
Maryland
1,504,000
12.5%
(99,000)
-6%
Virginia
1,099,000
9.2%
(40,000)
-4%
Delaware
338,000
2.8%
(14,000)
-4%
12,000,000
$
Loan Distribution by State (Fourth Quarter)
16
Q4 2009
% of
Avg. Bal.
Total
Pennsylvania
1,308,000
$
50.9%
New Jersey
450,000
17.5%
Maryland
446,000
17.4%
Virginia
215,000
8.4%
Delaware
151,000
5.9%
2,570,000
$
Residential Mortgage and HE Loans
17
Manufacturing
12.9
RE - - Rental and Leasing
12.6
Construction
11.0
Agriculture
8.9
Retail
8.5
Wholesale
7.3
Health Care
6.7
Other
5.5
Financial Services
3.0
Arts and Entertainment
3.0
Transportation
Commercial Loans by Industry
18
Q4 2009
% of
Avg. Bal.
Total
Pennsylvania
2,440,000
$
65.7%
New Jersey
561,000
15.1%
Maryland
389,000
10.5%
Virginia
293,000
7.9%
Delaware
32,000
0.9%
3,715,000
$
Commercial Loans by State
19
Ending
% of
NPL
Specific
Pennsylvania
291,000
$
29.8%
14,190
$
15,970
$
Maryland
250,000
25.6%
39,760
28,730
Virginia
243,000
24.8%
18,680
15,300
New Jersey
179,000
18.3%
20,210
7,420
Delaware
Construction Loans (December 31, 2009)
20
Ending
% of
Balance
Total
Commercial Residential
663,000
$
67.8%
Commercial
238,000
24.3%
Real Estate
62,000
6.3%
Other Commercial
15,000
1.5%
978,000
$
Construction Loans by Type
21
Ending
% of
NPL
Specific
Balance
Total
Balance
Allocations
Pennsylvania
2,247,000
$
52.4%
21,530
$
12,010
$
New Jersey
1,208,000
28.1%
32,180
9,630
Maryland
382,000
8.9%
2,010
2,830
Virginia
329,000
7.7%
2,980
2,600
Delaware
126,000
2.9%
2,350
2,400
4,292,000
$
61,050
$
29,470
$
CRE Loans by State (December 31, 2009)
22
Category | Total (%) 12/31/08 | 90-Days 12/31/08 | Total (%) 12/31/09 | 90-Days 12/31/09 |
Commercial Loans | 1.65 | 1.08 | 2.51 | 1.88 |
Consumer Direct | 1.20 | .45 | 1.72 | .66 |
Commercial Mortgage | 1.78 | 1.03 | 2.33 | 1.42 |
Residential Mortgage | 6.45 | 2.70 | 8.43 | 4.66 |
Construction | 8.21 | 6.15 | 10.13 | 9.43 |
Total Portfolio | 2.72 | 1.62 | 3.42 | 2.34 |
Loan Delinquency (Key Sectors)
23
Ending
Commercial / Industrial
119,470
$
Commercial Real Estate
Total Outstanding
Delinquency: 5.5%
Shared National Credits
24
Comm'l
Res. Mtg.
(in thousands)
Pennsylvania
2,974
$
623
$
1,828
$
67
$
781
$
6,273
$
Maryland
2,326
-
4,627
521
1,028
8,502
New Jersey
3,741
1,155
1,587
44
1,083
7,610
Virginia
956
225
3,133
1,581
417
6,312
Delaware
Avg Loans
3,714,000
4,240,000
1,018,000
2,571,000
446,000
11,989,000
NCO %
1.08%
0.19%
4.39%
0.35%
3.31%
0.97%
Net Charge-offs (Q4 2009)
25
Comm'l
Res. Mtg.
(in thousands)
Pennsylvania
5,992
$
3,949
$
6,071
$
1,848
$
5,861
$
23,721
$
Maryland
3,935
2,684
21,035
1,093
2,406
31,153
New Jersey
12,421
7,509
7,660
267
2,616
30,473
Virginia
10,384
225
8,949
3,456
1,606
24,620
Delaware
Avg Loans
3,674,000
4,135,000
1,112,000
2,604,000
451,000
11,976,000
NCO %
0.90%
0.36%
3.93%
0.27%
3.08%
0.94%
Net Charge-offs (YTD December 2009)
26
Comm'l
Res. Mtg.
(in thousands)
Pennsylvania
30,895
$
21,525
$
14,186
$
19,747
$
4,255
$
90,608
$
Maryland
9,138
2,015
39,764
6,201
1,766
58,884
New Jersey
15,571
32,182
20,207
10,134
3,654
81,748
Virginia
13,684
2,981
18,684
28,649
1,773
65,771
Delaware
End Loans
3,699,000
4,292,000
978,000
2,566,000
437,000
11,972,000
NPL%
1.88%
1.42%
9.49%
2.69%
2.85%
2.55%
* Includes accruing loans > 90 days past due.
Non-performing Loans* (December 31, 2009)
27
n 54 relationships with commitments to lend
of $20 million or more
n Maximum individual commitment- $33 million
n Maximum commitment land development-
$25 million
n Maximum commitment any one development
project- $15 million
project- $15 million
n Average commercial lending relationship size is
$465,200
$465,200
n Loans and corresponding relationships are
within Fulton’s geographic market area
within Fulton’s geographic market area
Summary of Larger Loans
28
Overview of Fourth Quarter - 2009
n Continued core deposit growth
n Strong funding and liquidity positions
n Good NIM expansion
n Stabilization of credit quality metrics
n No increase to provision linked quarter
n Further decline in construction exposure
n Net charge-offs up slightly
n Strong mortgage sale gains
n Expenses well controlled
29
Financial Performance
30
2009 Financial Results (Q4 vs. Q3 2009)
Net income
24,380,000
$
23,345,000
$
Cost of preferred stock
Net income available
Earnings per share
0.11
$
0.10
$
Return on tangible equity
7.96%
7.91%
31
Net Interest Income
136,090
$
132,800
$
3,290
$
2%
Loan Loss Provision
(45,020)
(45,000)
(20)
0%
Other Income
41,160
41,230
(70)
0%
Securities Losses
(1,870)
(50)
(1,820)
n/m
Pre-Tax Income
29,990
29,170
820
3%
n/m = not meaningful
Income Statement Summary (Q4 vs. Q3 2009)
32
Net Interest Income
136,090
$
132,800
$
3,290
$
2%
Other Income
41,160
41,230
(70)
0%
Pre-Tax Income Before
LLP and Sec Losses
76,880
74,220
2,660
4%
Loan Loss Provision
(45,020)
(45,000)
(20)
0%
n/m = not meaningful
Pre-Tax Income Summary (Q4 vs. Q3 2009)
33
2009 Financial Results (YTD December)
Net income (loss)
73,920,000
$
(5,620,000)
$
Cost of preferred stock
Net income (loss) available
Earnings per share
0.31
$
(0.03)
$
Return on tangible equity
5.96%
9.33%
34
2009
2008
$
%
Net Interest Income
520,950
$
524,150
$
(3,200)
$
-1%
Loan Loss Provision
(190,020)
(119,630)
(70,390)
59%
Other Income
171,680
155,390
16,290
10%
Credit Card Sale Gain
-
13,910
(13,910)
n/m
Securities Gains (Losses)
1,080
(58,240)
59,320
-102%
Goodwill Impairment
-
(90,000)
90,000
n/m
Other Expenses
(414,360)
(406,630)
(7,730)
2%
Pre-Tax Income
89,330
18,950
70,380
371%
Income Taxes
(15,410)
(24,570)
9,160
-37%
Net Income
73,920
$
(5,620)
$
79,540
$
n/m
n/m = not meaningful
Income Statement Summary (YTD December)
35
2009
2008
$
%
Net Interest Income
520,950
$
524,150
$
(3,200)
$
-1%
Other Income
171,680
155,390
16,290
10%
Other Expenses
(400,230)
(386,820)
(13,410)
3%
Pre-Tax Income Before
LLP, Sec Gains (Losses)
and unusual items
292,400
292,720
(320)
0%
Loan Loss Provision
(190,020)
(119,630)
(70,390)
59%
Credit Card Sale Gain
-
13,910
(13,910)
n/m
Securities Gains (Losses)
1,080
(58,240)
59,320
-102%
Goodwill impairment
-
(90,000)
90,000
n/m
Special FDIC Assessment
(7,890)
-
(7,890)
n/m
ARC Losses
(6,240)
(19,810)
13,570
-69%
Pre-Tax Income
89,330
18,950
70,380
371%
n/m = not meaningful
Pre-Tax Income Summary (YTD December)
36
International Bancshares Corporation
Old National Bancorp
South Financial Group, Inc.
Susquehanna Bancshares, Inc.
TCF Financial Corporation
Trustmark Corporation
UMB Financial Corporation
United Bankshares, Inc.
Valley National Bancorp
Whitney Holding Corporation
Wilmington Trust Corporation
*Fulton’s peer group as of December 31, 2009
Associated Banc-Corp
BancorpSouth, Inc.
Bank of Hawaii Corporation
BOK Financial Corporation
Citizens Republic Bancorp
City National Corporation
Commerce Bancshares, Inc.
Cullen/Frost Bankers, Inc.
First Citizens BancShares, Inc.
First Midwest Bancorp, Inc.
First Merit Corporation
Peer Group*
37
3.52
3.56
3.24
3.00
3.50
4.00
4.50
5.00
FFC
Peer
Top 50
Net Interest Margin
38
Q4 2009
Q3 2009
$
%
(dollars in millions)
Comm'l Mort
4,240
$
4,160
$
80
$
2%
Commercial
3,710
3,670
40
1%
Home Equity
1,650
1,650
-
0%
Construction
1,020
1,050
(30)
-3%
Resid Mort
930
930
-
0%
Cons./Other
440
450
(10)
-2%
Total Loans
11,990
$
11,910
$
80
1%
Average Loans (Q4 vs. Q3 2009)
39
Q4 2009
Q3 2009
$
%
(dollars in millions)
Comm'l Mort
4,290
$
4,190
$
100
$
2%
Commercial
3,700
3,720
(20)
-1%
Home Equity
1,640
1,650
(10)
-1%
Construction
980
1,030
(50)
-5%
Resid Mort
920
930
(10)
-1%
Cons./Other
440
450
(10)
-2%
Total Loans
11,970
$
11,970
$
-
0%
Ending Loans (Q4 vs. Q3 2009)
40
2009
2008
$
%
(dollars in millions)
Comm'l Mort
4,140
$
3,750
$
390
$
10%
Commercial
3,670
3,520
150
4%
Home Equity
1,670
1,600
70
4%
Construction
1,110
1,320
(210)
-16%
Resid Mort
940
920
20
2%
Cons./Other
450
490
(40)
-8%
Total Loans
11,980
$
11,600
$
380
3%
Average Loans (YTD December)
41
Q4 2009
Q3 2009
$
%
(dollars in millions)
Nonint DDA
1,990
$
1,920
$
70
$
4%
Int DDA
1,970
1,880
90
5%
Savings/MMDA
2,770
2,560
210
8%
CD's
5,420
5,560
(140)
-3%
Cash Management
520
510
10
2%
Total Deposits
12,670
$
12,430
$
240
2%
Average Deposits (Q4 vs. Q3 2009)
42
2009
2008
$
%
(dollars in millions)
Nonint DDA
1,850
$
1,650
$
200
$
12%
Int DDA
1,860
1,710
150
9%
Savings/MMDA
2,420
2,150
270
13%
CD's
5,510
4,500
1,010
22%
Cash Management
540
680
(140)
-21%
Total Deposits
12,180
$
10,690
$
1,490
14%
Average Deposits (YTD December)
43
2009
2008
$
%
(dollars in millions)
Federal Funds
450
$
1,330
$
(880)
$
-66%
FHLB Advances
1,330
1,440
(110)
-8%
Other LT Debt
380
380
-
0%
Other ST Borrowings
50
330
(280)
-85%
Total Borrowings
2,210
$
3,480
$
(1,270)
$
-36%
Other Borrowings (YTD December)
44
3.67
3.20
3.40
3.60
3.80
4.00
Q1
06
Q2
06
Q3
06
Q4
06
Q1
07
Q2
07
Q3
07
Q4
07
Q1
08
Q2
08
Q3
08
Q4
08
Q1
09
Q2
09
Q3
09
Q4
09
Net Interest Margin Trend
45
6 month cumulative gap - 1.07
Interest Rate Shocks
(12/31/09)
Rate Change NII Change (Annual) % Change
+300 bp + $ 58.2 million + 10.0%
+200 bp + $ 37.1 million + 6.4%
+100 bp + $ 12.3 million + 2.1%
- 100 bp - $ 6.1 million - 1.0%
46
$0
$40
$80
$120
$160
$200
Millions
Other Income
47
(dollars in thousands)
Overdraft & NSF Fees
9,390
$
9,340
$
50
$
1%
Invt Mgt & Trust
8,110
8,190
(80)
-1%
Mort. Sales Gains
3,880
2,780
1,100
40%
Service Charges
3,320
3,340
(20)
-1%
Success Card Fees
3,030
2,870
160
6%
Cash Mgt Fees
2,460
2,650
(190)
-7%
Merchant Fees
1,830
2,150
(320)
-15%
Foreign Currency
1,790
1,820
(30)
-2%
Credit Card Fees
1,400
1,520
(120)
-8%
Letters of Credit
1,300
1,740
(440)
-25%
Other Income (Q4 vs. Q3 2009)
48
(dollars in thousands)
Overdraft & NSF Fees
35,960
$
35,320
$
640
$
2%
Invt Mgt & Trust
32,080
32,730
(650)
-2%
Mort. Sales Gains
22,640
10,330
12,310
119%
Service Charges
13,090
13,040
50
0%
Cash Mgt Fees
11,400
13,270
(1,870)
-14%
Success Card Fees
11,090
9,800
1,290
13%
Merchant Fees
7,480
7,610
(130)
-2%
Foreign Currency
6,570
6,730
(160)
-2%
Letters of Credit
6,390
6,010
380
6%
Credit Card Fees
5,470
3,590
1,880
52%
Other Income (YTD December)
49
57.7
60.9
61.4
50.0
52.0
54.0
56.0
58.0
60.0
62.0
64.0
FFC
Peer
Top 50
Efficiency Ratio
50
(dollars in thousands)
Salaries & Benefits
53,620
$
54,080
$
(460)
$
-1%
Occupancy & Equip.
13,770
13,450
320
2%
FDIC Insurance
4,840
5,240
(400)
-8%
Data Proc. & Software
3,890
4,740
(850)
-18%
Supplies & Postage
2,740
2,820
(80)
-3%
Marketing
2,640
1,980
660
33%
Legal & Audit
2,400
2,390
10
0%
Telecommunications
2,130
2,140
(10)
0%
Outside Services
2,110
1,880
230
12%
Other Expense (Q4 vs. Q3 2009)
51
(dollars in thousands)
Salaries & Benefits
218,810
$
213,560
$
5,250
$
2%
Occupancy & Equip.
54,860
55,570
(710)
-1%
FDIC Insurance
26,580
4,560
22,020
483%
Data Proc. & Software
17,860
18,550
(690)
-4%
Supplies & Postage
10,930
11,240
(310)
-3%
Legal & Audit
9,100
7,620
1,480
19%
Marketing
8,920
13,270
(4,350)
-33%
Telecommunications
8,610
8,170
440
5%
Outside Services
7,580
9,310
(1,730)
-19%
Operating Risk Loss
7,550
24,310
(16,760)
-69%
Other Expense (YTD December)
52
(dollars in thousands)
Balance at beginning of period
241,720
$
220,950
$
Loan Loss Provision
45,020
45,000
Allowance to Loans
2.15%
2.02%
Nonperforming Assets to Assets
1.83%
1.82%
Net Charge-offs to Loans
0.97%
0.81%
Allowance for Credit Losses
53
(dollars in thousands)
Balance at beginning of year
180,140
$
112,210
$
Loan Loss Provision
190,020
119,630
Allowance to Loans
2.15%
1.50%
Nonperforming Assets to Assets
1.83%
1.35%
Net Charge-offs to Loans
0.94%
0.45%
Allowance for Credit Losses (YTD Dec)
54
0.94
1.09
1.78
0.00
0.30
0.60
0.90
1.20
1.50
1.80
FFC
Peer
Top 50
Net Charge-Offs To Average Loans
55
ENDING
MODIFIED
BALANCE
DURATION
(in millions)
Agency mortgage-backed securities
1,045.0
$
3.14
Agency collateralized mortgage obligations
1,102.2
2.64
Municipal bonds
400.7
4.43
Auction rate securities
292.1
3.95
Corporate & trust preferred securities
150.8
10.39
U.S. Treasuries and agencies
91.2
3.79
FHLB & FRB stock
99.1
NA
Bank stocks
34.8
NA
Other investments
25.6
NA
Net unrealized gain / (loss)
16.6
Investment Portfolio (December 31, 2009)
56
Status of the Corporation
n Strong capital position
n Credit quality metrics stabilized
n Focus on profitable organic growth
n Positioned for economic rebound
n Current loan loss reserve levels
believed to be adequate
believed to be adequate
n Proactive management of problem
credits
credits
n Valuable 5-state franchise / strong in-
state markets
state markets
n Disciplined expense control
57
Fulton Financial Corporation
One Penn Square
Lancaster, PA 17602
www.fult.com
58
Where are we located?