Christopher J. Carey Chief Financial Officer. Sandler O Neill & Partners West Coast Financial Services Conference San Francisco March 5, PDF Free Download

Christopher J. Carey Chief Financial Officer Sandler O Neill & Partners West Coast Financial Services Conference San Francisco March 5, 2013

City National: Premier Private & Business Bank Founded: 1954 Headquarters: Assets: Market Cap: Offices: Los Angeles $28.6 billion $3.0 billion 78 (16 regional centers) Colleagues: 3,400 AUM/A: $56.7 billion

Why City National? 1. Track record of profitability 2. Uniquely attractive clientele and focus 3. Exceptional deposit base 4. Growing loan portfolio 5. Strong, low-risk balance sheet 6. Excellent capabilities to drive long-term growth

A Track Record of Profitability 2012 Change 1 Net income $ 208.0 mil. 21 % Earnings per share $ 3.83 19 % Revenue $ 1,108.4 mil. 7 % Net interest income $ 830.8 mil. 7 % Average loans 2 $ 13.3 bil. 14 % Average core deposits $ 20.9 bil. 13 % Noninterest income $ 357.6 mil. 5 % Assets under mgmt/admin $ 56.7 bil. 22 % Loan loss provision 2 $ 10.0 mil. (20) % Loan loss allowance 2 1.88% 1. Percentage change from 2011 2. Excluding FDIC-covered loans

Uniquely Attractive Clientele and Focus TOTAL ASSETS CLIENTS Mega Banks > $100B Fortune 1000 Strong Client Focus City National $28.6B Businesses: $1M $250M Individuals 1 : Assets > $1M Income > $250K Community Banks < $5B Retail Customers 1. City National s Preferred Banking initiative targets individuals with income of $150,000 or more and investable assets of $250,000 or more.

Uniquely Attractive Clientele and Focus Premier Private and Business Bank 7 excellence awards for overall service in middle-market business banking, including: Overall satisfaction Financial stability Likelihood to recommend Treasury management customer service and overall satisfaction

Uniquely Attractive Clientele and Focus Serving California the world s 9 th largest economy 11 counties 27 million people 1 million businesses 570,000 millionaire households Plus Nevada, New York City, Nashville, and Atlanta

Uniquely Attractive Clientele and Focus Top 50 Metro Markets 1 (by Number of Millionaire Households) 1. New York et al, NY-NJ-PA 448,252 2. Los Angeles-Long Beach et al, CA 245,489 8. San Francisco-Oakland et al, CA 121,229 11. Atlanta-Sandy Springs et al, GA 104,759 17. San Diego-Carlsbad et al, CA 67,352 18. Riverside et al, CA 66,947 22. San Jose-Sunnyvale et al, CA 50,044 30. Las Vegas-Paradise, NV 35,819 40. Nashville-Davidson et al, TN 30,232 Source: Phoenix Marketing International, AMS 2011 1. Core Based Statistical Area

Exceptional Deposit Base Low-cost core deposits equal 97% of total 25 Average Deposits Average Deposit Growth 1 By Business Line $21.6 20 $17.9 $19.3 $ in billions 15 10 $11.9 $14.4 5 0 2008 2009 2010 2011 2012 Noninterest Bearing Other Interest Bearing CDs > $100K Entertainment 36% Core 19% CBS 17% PCS 13% Treasury Mgmt. 12% Specialty Banking 3% 1 Percentage growth for business lines only, excluding FAEF, 2008 2012

$ in billions Growing Loan Portfolio Loan balances increased for 7 th straight quarter Average Loans 1 15 $12.2 $12.4 $13.1 $13.6 $14.0 Record loan production in each quarter of 2012 10 C&I accounted for nearly two-thirds of 4Q12 loan growth 5 Commercial line utilization increased for second straight quarter 0 4Q2011 1Q2012 2Q2012 3Q2012 4Q2012 Commercial CRE Mortgage Residential Mortgage RE Construction Equity Lines Installment 1. Excluding FDIC-covered loans

Growing Loan Portfolio Loan growth driven by C&I lending 8 Average C&I Loans Average C&I Loan Growth 1 By Business Line 6 $5.2 $5.3 $5.8 $6.1 $6.4 $ in billions 4 2 0 4Q2011 1Q2012 2Q2012 3Q2012 4Q2012 Specialty Banking 34% Real Estate 26% Entertainment 17% Private Client Services 11% Commercial Banking 7% Core Banking 5% 1 Percentage growth for business lines only, excluding FAEF and International Correspondent, 4Q11 4Q12

Strong, Low-Risk Balance Sheet Asset quality remains very sound NPAs and NCOs 1 Provision and Reserves 1 1.56 $ in millions 1.16 1.11 0.98 0.95 0.81 2.16 2.13 2.09 2.00 1.96 1.88 0.36 0.18 0.06 (0.15) (0.08) (0.06) 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 $7.5 $5.0 $7.0 $0.0 $1.0 $2.0 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 NPAs / Total loans NCOs (Net Recoveries) / Avg. loans Provision ($mm) Allowance / Total loans 1 All totals and ratios exclude FDIC-covered assets

$ in billions Strong, Low-Risk Balance Sheet Net charge-offs average 0.39% over 10 years 10-Year Average Net Charge-offs (by Portfolio) $6.9 $4.0 $2.8 2.01 0.46 0.34 0.02 $0.2 $0.7 0.10 0.56 $0.1 Commercial CRE Mortgage Residential Mortgage RE Construction Equity Lines Installment Portfolio* 10-Year Ave. Net Charge-Offs** * As of 12/31/12, excluding FDIC-covered assets ** 10-year average 2002 2012

Strong, Low-Risk Balance Sheet The company is well-capitalized Nonaccruals to Tier 1 plus ALLL 30% 29.9% 25.0% 20% 20.5% 18.0% 10% 9.3% 14.6% 15.3% 12.4% 10.9% 5.3% 6.0% 4.7% 0% 2009 2010 2011 2012 CNB Peer Average Peer Median Peer Group: National banks with assets of $10-$50 billion Source: Thomson Reuters Bank Insight

Proposed Basel III Capital Standards 2013 2014 2015 2016 2017 2018 2019 City National 1 Common Equity Tier 1 3.500% 4.000% 4.500% 4.500% 4.500% 4.500% 4.500% Comply Capital Conservation Buffer Total Common Equity Tier 1 0.625% 1.250% 1.875% 2.500% Comply 3.500% 4.000% 4.500% 5.125% 5.750% 6.375% 7.000% Comply Tier 1 Capital 4.500% 5.500% 6.000% 6.625% 7.250% 7.875% 8.500% Comply Total Capital 6.500% 7.500% 8.000% 8.625% 9.250% 9.875% 10.500% Comply Notes: Implementation of new capital calculations will be phased in beginning in 2013 over five years. The Capital Conservation Buffer will be phased in over four years, beginning in 2016. New risk-weighted asset formulae will be implemented on January 1, 2015. 1 As of December 31, 2012

City National Is Naturally Asset Sensitive Stands to benefit as interest rates rise 35% 30% 25% 20% 15% 10% 5% 0% Change in net interest income (400 basis points rate ramp up over 2 years) 8.2% 29.2% Year 1 Year 2 61% of deposits are DDA 52% of loans are variable rate (tied to prime or LIBOR) Rates on 76% of these loans will reset as soon as short-term rates rise Note: Assumes stable balance sheet As of December 31, 2012

Excellent Capabilities to Drive Long-Term Growth Acquisitions to supplement organic growth

Excellent Capabilities to Drive Long-Term Growth Acquisitions to supplement organic growth Rochdale Investment Management $5.2 billion in managed assets 1 First American Equipment Finance Plus: $340 million in assets 2 Average yield of 6-7% Datafaction 4 FDIC-assisted bank acquisitions San Jose banking office Asset-based lending portfolio 1 As of December 31, 2012 2 As of acquisition date

Excellent Capabilities to Drive Long-Term Growth Acquisitions to supplement organic growth Substantial wealth management business

Substantial Wealth Management Business A comprehensive wealth management platform Offers services to Affluent, high and ultra-high-net-worth clients: - Investment Management - Brokerage - Personal Trust - Wealth Planning and Institutional Clients - Investment Management - Retirement Services Delivered through Various channels, including: - Private Client Services - Entertainment Business Managers - Commercial Banking Services - Preferred Banking - Financial advisors and other intermediaries - Direct sales and consultants Provided by The following businesses: - City National Rochdale - Convergent Wealth Advisors - Lee Munder Capital - City National Securities - Mid-Continent Capital - AMBS Investment Counsel - Clifford Swan Investment Counsel - Matthews International

Excellent Capabilities to Drive Long-Term Growth Acquisitions to supplement organic growth Substantial wealth management business Banking office strategy 3.0

Banking Office Strategy 3.0 New York - Park Avenue New York - 6 th Avenue

Banking Office Strategy 3.0 More efficient footprint Geared to today s in-branch client needs More innovative and interactive technology Colleagues with broader sales and service capabilities Increasing focus on small business

$ in millions Banking Office Strategy 3.0 Meeting the financial needs of the affluent client segment $3,000 $2,500 $2,000 $1,500 $1,000 $500 $604* $391 $1,435 $929 $2,037 $1,337 $2,625 $1,747 Client Value Proposition Tailored banking, credit, and wealth management solutions Preferred credit and deposit rates Complimentary ATM use world-wide Professionally managed and self-directed investment programs $0 2009* 2010 2011 2012 Loans Deposits Brokerage Assets Managed Assets Total New Money * 2009 investment balance data unavailable Differentiated service A dedicated in-branch Relationship Manager and Financial Advisor An exclusive toll-free customer service line

Excellent Capabilities to Drive Long-Term Growth Acquisitions to supplement organic growth Substantial wealth management business Banking office strategy 3.0 Expanding industry specialties

Expanding Industry Specialties Franchise finance Asset-based lending Legal Healthcare Technology International trade services

Excellent Capabilities to Drive Long-Term Growth Acquisitions to supplement organic growth Substantial wealth management business Banking office strategy 3.0 Expanding industry specialties New products, technology and sales colleagues

New Products, Technology and Sales Colleagues

California s Economy: Turning the Corner

No. 2 in Job Creation Net Job Growth 1 12-Month Change to December 2012 (000s) 1. Texas 265.5 2. California 237.8 3. New York 118.3 4. Ohio 94.2 5. Georgia 70.2 6. North Carolina 67.5 7. Florida 65.4 8. Arizona 63.9 9. Indiana 58.8 10. Washington 55.1 Source: Bureau of Labor Statistics 1. Nonfarm payroll, not seasonally adjusted Preliminary

Job Growth Across the Board For many industries, the recovery is well underway 12-Month Change to December 2012 (000s) 1 Leisure & Hospitality Healthcare & Social Assistance Prof'l, Scientific & Tech. Services Retail Trade Construction Information Wholesale Trade Educational Services Admin & Support Service Finance & Insurance Manufacturing Government -31.1-12.0 40.3 33.4 27.4 26.4 21.1 18.9 18.3 10.2 6.2 64.1-40.0-20.0 0.0 20.0 40.0 60.0 80.0 Source: California Employment Development Dept. 1. Not seasonally adjusted Preliminary

City National: Premier Private and Business Bank 1. Track record of profitability 2. Uniquely attractive clientele and focus 3. Exceptional deposit base 4. Growing loan portfolio 5. Strong, low-risk balance sheet 6. Excellent capabilities to drive long-term growth

Forward-Looking Statements This presentation contains forward-looking statements about the company, for which the company claims the protection of the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. A number of factors, many of which are beyond the company s ability to control or predict, could cause future results to differ materially from those contemplated by such forward-looking statements. These factors include: (1) changes in general economic, political, or industry conditions and the related credit and market conditions and the impact they have on the company and its customers, including changes in consumer spending, borrowing and savings habits; (2) the impact on financial markets and the economy of the level of U.S. and European debt; (3) the effects of and changes in trade and monetary and fiscal policies and laws, including the interest rate policies of the Board of Governors of the Federal Reserve System; (4) continued delay in the pace of economic recovery and continued stagnant or decreasing employment levels; (5) the effect of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and the rules and regulations to be promulgated by supervisory and oversight agencies implementing the new legislation, taking into account that the precise timing, extent and nature of such rules and regulations and the impact on the company is uncertain; (6) the impact of revised capital requirements under Basel III; (7) significant changes in applicable laws and regulations, including those concerning taxes, banking and securities; (8) volatility in the municipal bond market; (9) changes in the level of nonperforming assets, charge-offs, other real estate owned and provision expense; (10) incorrect assumptions in the value of the loans acquired in FDIC-assisted acquisitions resulting in greater than anticipated losses in the acquired loan portfolios exceeding the losses covered by the loss-sharing agreements with the FDIC; (11) changes in inflation, interest rates, and market liquidity which may impact interest margins and impact funding sources; (12) the company s ability to attract new employees and retain and motivate existing employees; (13) increased competition in the company s markets and our ability to increase market share and control expenses; (14) changes in the financial performance and/or condition of the company s borrowers, including adverse impact on loan utilization rates, delinquencies, defaults and customers ability to meet certain credit obligations, changes in customers suppliers, and other counterparties performance and creditworthiness; (15) a substantial and permanent loss of either client accounts and/or assets under management at the company s investment advisory affiliates or its wealth management division; (16) soundness of other financial institutions which could adversely affect the company; (17) protracted labor disputes in the company s markets; (18) the impact of natural disasters, terrorist activities or international hostilities on the operations of our business or the value of collateral; (19) the effect of acquisitions and integration of acquired businesses and de novo branching efforts; (20) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or regulatory agencies; (21) the impact of cyber security attacks or other disruptions to the company s information systems and any resulting compromise of data or disruptions in service; and (22) the success of the company at managing the risks involved in the foregoing. Forward-looking statements speak only as of the date they are made, and the company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the statements are made, or to update earnings guidance, including the factors that influence earnings. For a more complete discussion of these risks and uncertainties, please refer to the company s Annual Report on Form 10-K for the year ended December 31, 2012.

Christopher J. Carey Chief Financial Officer. Sandler O Neill & Partners West Coast Financial Services Conference San Francisco March 5, 2013