Exhibit 99.2
| 2Q08 CONFERENCE CALL July 29, 2008 Ralph B. Mandell Larry D. Richman Dennis L. Klaeser |
| Forward Looking Statements In this presentation we may make certain forward-looking statements. The Company’s ability to predict results or the actual effect of future plans or strategies is inherently uncertain. For more information about these risks and uncertainties, we refer you to our public reports on file with the SEC. 2 2Q08 Conference Call |
| Presenters RALPH ALPH B.. MANDELL ANDELL LARRY ARRY D.. RICHMAN ICHMAN Chairman Chief Executive Officer DENNIS ENNIS L.. KLAESER LAESER Chief Financial Officer 3 2Q08 Conference Call |
| CHAIRMAN’S UPDATE |
| PRIVATEBANCORP GROWTH 1989 — 1999 2000-2004 2005-2006 2007-2008 Organized PrivateBancorp, Inc. as• 2000: De novo St. Charles office;• Acquired The PrivateBank-• Announced Strategic Growth Plan Delaware Corp. in 1989 De novo St. Louis office; Acquired Michigan, June 20, 2005; and hiring of Larry Richman and Lake Forest and Winnetka offices De novo The PrivateBank — approximately 100 commercial 1991: De novo d owntown Wisconsin; De novo Gold Coast bankers from LaSalle Bank Chicago office• 2001: De novo Geneva office; office, Chicago $20M Trust Preferred Offering• November 2007: $200M PIPE offering 1994: De novo Wilmette office · December 2005: $40M Trust · 2002: Acquired controlling• 2008: Opened Business Development 1997: De novo Oak Brook office Preferred Offering interest in Lodestar Investment offices in Minneapolis, Cleveland, 1999: $17M IPO Counsel, LLC• June 2005: $50M Trust Preferred Des Moines, Denver Offering · 2003: 2ndCommon Stock Offering• May 2008: $143.75M Trust Preferred of $57M• 2006: Announced Kansas City Offering office; Acquired The PrivateBank · 2004: Acquired Corley Financial• June 2008: Raised $166.1M in new — Georgia, December 13, 2006 and established The PrivateBank capital through issua nce of common Mortgage Company stock and sale of preferred stock Total number of MDs and AMDs Total number of Employees |
| CEO’S UPDATE |
| 2Q08 Quarterly HighlightsRevenue grew 17% over 1Q08 Client deposits grew 18% during 2Q08Loans grew 25% and Total Deposits grew 23% during 2Q08Total assets grew to approximately $7.5BReported net loss of $13. 3M or EPS of $(0.48) for the quarter due to implementation of Strategic Growth Plan and higher loan loss provision expensesRaised approximately $310M in new capital to support execution of Strategic Growth PlanNorm Bobins joined as Chairman of The PrivateBank-ChicagoLaunched Corporate Liquidity Advisory GroupEstablished Capital Markets Structuring and Origination Group (Foreign Exchange & Derivatives) 7 2Q08 Conference Call |
| Risk Management OverviewEnhanced Infrastructure — Building the necessary infrastructure to support and monitor projected growthConsistent Risk Practices — Restructured risk management function to centralize processes and support the projected loan portfolio growth — Centralized the risk function with subsidiary bank credit officers reporting to t he Chief Risk OfficerCommon Policies — Implementing common lending policies and procedures to strengthen credit review and underwriting standards 8 2Q08 Conference Call |
| Building Long-term Client RelationshipsKnow our clients and be a trusted advisor delivering customized solutions based on specific needsMaximize the entrepreneurial spirit in our company to be thoughtful, responsive, creative and dedicated when working with our clientsCreate breadth and depth in each client rel ationship by leveraging the full scope of the products and services we offer 9 2Q08 Conference Call |
| CFO’S UPDATE |
| Revenue and Operating Expenses Net Revenue Operating Expenses 250 200 150 100 50 0 2003 2004 2005 2006 2007 2Q08* *2Q08 is annualized and excludes the $1.3 million accounting error included in 2Q08 salaries and benefits expense as discussed in PVTB’s 2Q08 Earnings Release. 11 2Q08 Conference Call |
| Client Deposit and Loan Growth Client Dposits (end of period) Total Loans (end of period) 5000 7000 $6,417 $4,267 6000 4000 $3,618 $5,136 $3,219 5000 $2,962$4,178 300 4000 $3,500 $2,237 in Millions) 3000$2,608 2000 $$1,449 ( $1,099 2000$1,653 $1,225 100 1000 0 0 2003 2004 2005 2006 2007 1Q08 2Q08 2003 2004 2005 2006 2007 1Q08 2Q08 Client Deposits increased Loans increased by 42% LTM and 18% during 2Q08 by 73% LTM and 25% during 2Q08 12 2Q08 Conference Call |
| Deposit Breakout Deposit Breakout Deposit Breakout As of 06/30/08 As of 06/30/07 Other Time Deposits (29%)Demand (8%) Other TimeDemand (9%) Deposits (24%) Interest-bearing Interest-bearing $303.5M $548.7M Demand (3%) Demand (4%) $1,466.4M Money Market (33%) $150.3M Money Market $164.5M $1,048.6M (42%) $2,086.9M $1,505.3M $630.9M $1,507.1M Brokered $382.3M Brokered Deposits (25%) Deposits (17%) CDARS (6%) 13 2Q08 Conference Call |
| Loan Mix Loan Breakout Loan Breakout As of 06/30/08 As of 06/30/07 Construction (17%) Commercial Real Construction (11%) Commercial Real $618.2M Estate (36%) $705.5M Estate (29%) Personal (8%) $1,838.3M $1,348.2M $461.2M Residential Real Estate (5%) $318.4M Personal (9%) $333.5M Owner-occupied $451.5M Residential CRE (7%) $247.9M Real Estate(7%) $349.2M Multi-family CRE (5%) $319.8M$193.8M $2,293.0MOwner- $644.0M occupied Multi-family CRE (5%) CRE (9%) Commerci al (35%) Commercial (17%) Total Commercial loans = Owner-occupied CRE + Commercial 14 2Q08 Conference Call |
| Net Interest Margin 5 4 3.66% 3.67% 3.57% 3.46% 3.17% 2.88% 2.75% 3 2 1 0 2003 2004 2005 2006 2007 1Q08 2Q08 15 2Q08 Conference Call |
| Asset Quality Annualized Net Charge-offs to Average Total Loans Non-performing loans to Total Loans Allowance for Loan Losses to Total Loans 1.4 1.23% 1.23% 1.21% 1.2 1.15% 1.17% 1.13% 1.09% 1.0 0.93% 0.91% 0.91% 0.8 0.6 0.42% 0.4 0.35% 0.25% 0.17% 0.2 0.15% 0.08%0.09% 0.04% 0.04% 0.03% -0.0 -0.01% -0.2 2003 2004 2005 2006 2007 1Q08 2Q08 16 2Q08 Conference Call |
| 2Q08 Capital Ratios FDIC Required to be Well-Capitalized PVTB 15 13.70% 11.56% 12 10.98% 10.00% 9 6.00% 6 5.00% 3 0 Leverage Tier 1 Risk-based Total Risk-based 17 2Q08 Conference Call |
| CapitalTo support our Plan, we have successfully raised capital and funded growth: — PIPE Offering of $200M in November 2007: Investors GTCR $100M and Mesirow Financial $40M were early strategic partners — Trust Preferred Offering of $143.75M in May 2008 — Equity Offering of $166.1M in June 2008 through issuance of equity and sale of preferred stockWe are now positioned to fund our growth objectives into 2009Usage of Capital — Manage capital to maintain a strong balance sheet and generate liquidity — Selectively deploy capital resources to maximize profitable growth 18 2Q08 Conference Call |
| FOCUS• EXECUTION• CONTINUITY• CONFIDENTIALITY• LIFETIME RELATIONSHIPSSM |