would a I like for from earnings few I to and start like also Jeff, everyone today. highlighting to would release. joining items the by us you, thank Thank
of core of compared Core we quarter, declined NIM excludes in to to the X.XX%, expand the decreased the expect impact from X.XX% first second NIM basis during of liquidity quarter. X NIM of First, the first we in points quarter. year. points continued half to Reported of X.XX% excess basis stabilization the signs and NIM see the which X
quarter, Interest-earning interest-bearing the by basis asset points basis increased X and of is points. cost by increased to increased important our to X.XX%. note points It X X During the decreased loan X basis asset of increase the loan a our from are liabilities basis approximates points yields shrinking increase seeing. as yields are in that our the not book interest-earning yields we investment in benefit the yields peers seeing some or
total and maintained We so. assets have portfolio doing investment consistently continue plan X% to the of X% to at
deposit despite as to it $XXX.X in loan during $XX.X relates million the million and the grew decreases second and Second, million, million, fund public quarter deposits of and activity, deposits and $XX.X brokered loans respectively. grew $XX
$XXX,XXX. a the of credit quarter, during we losses for Third, provision recorded
ratio at to coverage Our XX. at March was X.X% compared June XX X.XX%
Our annualized. totaled was XX. XX at basis reserve X compared excludes points ratio, quarter or to March $XXX,XXX the June general coverage X.XX% at charge-offs for which individually Net analyzed X.XX% loans
classified decrease assets. During assets in and and in delinquencies stability we relative the nonperforming loan quarter, criticized a and saw
or quarter on income. gain This increased fee X.X% mortgage and or XXXX. advisory, primarily increase noninterest second or commission a increase income XX.X% $XXX,XXX Fourth, to in banking $X.X a the by and million activities compared net driven investment was increase XX.X% $XXX,XXX in of
and the continue from business contributions business with fee diversified to model. happy We of our is our be income and proud
strategies the the various to restructuring benefit charges management. demonstrates X.X% expense $X.X reduction commitment in XXXX million ongoing of expense to decreased $X.X during This second second excluding Fifth, of XXXX, the our prudent noninterest million X.X% expenses When the were year-over-year. of $XXX,XXX deployed of quarter and compared up expense XXXX. quarter or the we or reflects
average all-in X.X%. $XX.XX an repurchased we stock value while share quarter, $X.XX tangible second book growing the during cost XXX,XXX per or Lastly, of at of approximately by shares
all-in an December X at XX, first $XX.XX. XXXX, XXX,XXX XXXX. cost approximately X.X% shares of of the repurchased shares we During months This of were as the represents that average outstanding of
of share repurchase our an to remain now to and plan of to June XXX,XXX guidance. for there were XXXX would was to shares release approximately repurchase I update with XX, believe available As buybacks. we our earnings plan, the under the I and like remainder active regards provide straightforward,
interest NIM and guidance X% year of half previous has X% contract of for during remains to year. loan the quarter the compared we the and X% in out net growth XXXX expand bottomed to This to will second assumes our First, X% second that of income unchanged, expect full to XXXX. the
reduced our provision million being from Second, $XX million. $XX million to loss is to year for million to guidance $X the for $XX credit
the to including specific portfolio, the including will credit be However, provision growth, assumptions loan in economic-related event-driven, continue of performance changes and credits.
to Third, MSRs, excluding the quarter, our to when gain X% sale X% XX% X% on MSRs growth income the noninterest to pretax in noninterest is the $X.X million growth income for XX%. X% first guidance the gain is of from sale year of being the guidance on to year including increased for the
reminder, the is off this XXXX a base million. As $XX.X of
restructuring totaled charges. XXXX, million million in Fourth, noninterest when our excluding the expenses $XXX.X $X.X of
$XXX.X off expect of For X% growth of XXXX, we the base million. X% to
current approximately we to XX% be Lastly, relates off XX.X% expect income rates. effective as of our based taxes, tax statutory it rate to to
aggregate to compared of The neutral these to PPNR. relatively recent impact to guidance EPS guidance accretive and our when is most updates
of to being We'll by session? side my will happy questions. prepared revenue answer you to begin please concludes prudent inherently question-and-answer remarks. the the bottom pressured, impact and That to is the to be we While continue any have strive equation would management. line the our expense mitigate Corley, of way on
