thank and very second welcome call. and us for quarter you, morning, this to thank you much all joining earnings Well, our XXXX
me of Enterprise Bank Chief Trust; and Turner, Operating Joining Chief Scott & & is Credit Trust. Bauche, and Officer Officer; of Officer Bank Chief EFSC's President Goodman, Douglas morning this Enterprise Financial Keene
to website. remind release Before we found The of call today. the the XX-Q and that in were SEC for the presentation very the second our and I'm statements vary furnished entitled and our actual on begin, I why Forward-Looking forward-looking Please results Form presentation our may everybody would release earnings pleased with Slide X-K a Statements on X results. like of reasons refer from be quarter XX-K accompanying to can make most we on recent any presentation copy yesterday. that
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can or XXXX. for and is this performance the remainder at this financial level of quarter better strategy, second perform I'm we confident that to result continue of Our a
on Our Slide financial scorecard begins X.
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increased $X.X income interest net $XXX.X million. million Our to
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but Our income growth our X.XX%. aided the base defense by result stable is comments. these environment. provide our net interest ability of to net of needs our priced his commensurate current will originate of clients results and stable interest priced a amid in Keene to margin on was detail more in appropriately This rate the direct the to our well interest deposit much
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balance Capital strong, remains and our ratio Our positioned at sheet with remained adjusted equity flexibility planning. levels tangible of an capital well equity and with on stable end tangible quarter common and great at common average respect to provides X.XX% return XX.XX%. for
per was value book Tangible increase $XX.XX, common a quarter. annualized XX% the share for
in share returned the shareholders Given we during additional share the the the third earnings $X.X an to our million stock by through our quarter dividend per our and of of $X.XX in repurchases. and strength execution, we increased per confidence XXXX to quarter common continued $X.XX
of with year, the provide like areas credit. the that progress update our focus for the Before to we on I an would of continue make. remainder pleased discussing I'm to
assets quality million. asset as classified $XX expected, X% decreased continued to or improve by As
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future. where Slide for foreseeable we focused X shows the are
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in shareholder specialized on disrupted are verticals, our with have have the we being or to Similarly, combined due that our businesses where that national very business value provide disregard those been strategic ads decided banks our disinvest to deposit with teams most lending greatest M&A the focused to and total. areas the
pursue opportunities throughout 'XX. and of these 'XX aggressively We more will
growth increasing Before C&I would little product to their sentiment on clients the the I our call business Scott, quite related of provide to conservative. are challenges seeing cuts turning many of a our Fed the and to of posture how was When of owners, loan like election perspective The our speaking leverage clients. several and are world. fall ahead to on the
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the said, share see meetings our our corresponding reputation closings mature discussions of lending and XXXX. I'm seen We confident we'll and significantly. of middle imminent, specialized geographies With enjoy these businesses turning number higher-growth to the businesses. that rather in market markets in and great we CRE increased With likelihood late this market XXXX in have into of
than corresponding fair share such, I'm get that more we to opportunities. will As our confident of much continue
in we while to than is foreseeable and markets. areas high gives build compound similar we of a at newer future. these over markets book higher-growth higher predictable tangible rate plan while This at Our our and peers confidence opportunities value the to grow what to continue provide our a level will continue will continuing reputation earn levels that me
I would that, With over Scott? to to like Goodman. Scott turn the call
