Thanks, Sandro.
million income $XX this charge-off. the $XX Turning compared quarter to performance last share of diluted $XX adjusted to This million $X.XX per million even diluted or $X.XX share or net per a with Slide adjusted X, our income quarter. net was
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X a couple which so let's our of average this our balance to to in We'll quarter. highlights dive move Slide credit sheet slides, quality
to We loans for interest the remaining investment and warehouse the assets, loans loans portfolio. the those In growth the by indirect Average the of in investment especially average quarter increase held for flat held net and across deposits warehouse in quality loans portfolios. well-balanced quarter. keeping investment billion margin, opportunities or driven margin loan core grew while an in high our for some non-auto portfolio more in the last C&I saw $X.X
thought there spreads quarter additional $XXX lending didn't narrow. fact as warehouse would in opportunities over we take of we that million In the were the
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increased for higher portfolio. or and C&IS $X.X higher rose a deposits of growth. higher deposits Average growth driven The in prepayments by our XX% or underlying from XX% deposits. million community servicing seasonally and custodial $XXX loan billion banking levels quarter number serviced in accounts a the custodial of the Average level
Total quarter. or X% the retail deposits for million grew $XXX
per value increased book to to $X.XX tangible share. our per Finally share $XX.XX
to on quality X. let's So asset turn Slide
Well the Live estimates during XX, the As noted the was by $XX million earlier the that At down charged quarter. quarter the is been place to charged underlying of partially has value our in of loan reflecting status loan non-accrual collateral. impacted significantly off to June this
We take once action are we at possession. of expect to collateral appropriate most the some point third of during possession evaluating the and we course take quarter the
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XX, June our reflects this loans. held-for-investment coverage allowance of I'd X.X% total that our loans. in held-for-investment loans out warehouse grew point At of XX% coverage
control are fully no loans portfolio loss as collateral. secured little the loan credit to has warehouse on Our we these and hand
warehouse given in stand June our relatively at Excluding coverage loans X.X% credit still clean would held-for-investment industry. XXth loans ratio for strong at history; the allowance relatively loss denominator their
overall we as adoption. implementing to we and quarter We toward our intend impact said, ratio as comprehensive are up from this reduction set continue for in might being the get believe coverage that to we impacted With CECL has any our bank update a don't provide whatever closer events as work to mid-sized CECL's including well that more the view be.
XX over the XX. simplification risk June to represents $XXX of capital XX. million capital cushion was total XX.X% Turning based to regulations points. at in minimum basis ratio Final QX which This capitalized. level Capital a remains needed effect total this increase The considered will by well XXXX capital be of solid. take ratio Slide of
during of mentioned has our by as XX I risk-based total points. ratio quarter. capital billion earlier our capital reduced the loan we $X risk-based factor As This growth ratio basis alone had warehouse declined
scenario buffer the we from flexibility to are economic Our the capital well-capitalized buffer combined in would the our and have the target our by loan stress all range, operating the size expect CECL above with in year, warehouse second informed strategic expectation of June with of our of XX. very warehouse levels the tests. level losses stress and Due the low the remain comfortable even our at balances we that status half portfolio loan with adverse that trying to
Our XX to basis XX X% operating basis was upper X%. at ratio us June XX by the last this will of the total quarter. points ratio end leverage put of simplification will range at Capital X.X% points down from target increase which
insight I'll now turn for each our Lee of in more to businesses.
