Billy metrics last the X the and some few everyone. starting slide high-level for These of morning, Thanks, quarters. I'll be are highlights. good on quarterly
net We growth. had interest have solid performance income with continuing
earnings quarter Our $XX.X totaled pre-provision for million. operating the pre-tax
We also quarter. share $X.XX operating reported of diluted XX% when year to per compared earnings the increase an of prior
slide Moving X performance on to trends.
of only but six months have we As also indicated a both did quarter, have Miller a XXXX. Billy great and first great not
almost momentum As our the at quarter in the much trends reaching we assets quarters end. growth have strong slide, created eight $X.X over last billion with continuing shown
acquired $XX us continues our loan of bright million the for to organic for leases Fountain having net over a growth Our from and loan growth million spot $XX acquisition. of be with quarter over
Rhett million go few slides. which loans almost forgiven more quarter, PPP of we $XXX over our will the a in during Additionally, had
remain strong we our forgiveness for and PPP loan to starting ramp continue vintage. to forward, the XXXX pipelines the Looking see are up process
billion. our addition, continue $X.X deposits grow over quarter the ended at to In and
PTPP liquidity slide excess Moving on escalated This high of represents five activity and to accretion. with slide XX. amounts quarters provisions, rent of net
have more rate. run the ROA to the metrics started we on a get Focusing top normalized graph, back on to
our portion continue tangible stabilization lower performance to consistent the our slide more assets is on average to periods. up is environment the in this operating been of reporting return the on grow. what we've the quarter some of equity for second representing believe to current prior We a XX.X% Moving which in common gauge
to slide Turning XX.
tangible our per book indicated of $XX.XX, basis. Billy share was linked As annualized value a quarter an on increase X.X%
the persistently As book tangible value. graph reflects we're growing
of lower the line quarter to team The the represented On operating the lower was level. at lift-out associated green additional current the acquisition our Coast from and slightly XXs ratio elevated of portion with to cost efficiency the graph Gulf continues the hover by Fountain. due our
slide PPP and our with prior information shortly. loan composition year not portfolio current Starting activity. balance our loan compared due sheet evolve. margin. more will upper the loans did outstandings on to largely dramatically continues Turning to But our loan XX now from provide left the to change Rhett
over from savings XX% from the in prior we prior represent with accounts. $XX our to quarter. our had $XXX deposit compared the million compared of XX% which same quarter down when non-interest-bearing our prior million market portfolio. into deposits, increases of deposits, end, deposits year over we represented XX% and time quarter going year million increases when and For linked over deposits our the At Currently, $XXX had to shift the money
a quarter. loan-to-deposit current the up year big for XX.X% prior was change from ratio same Our XX.X% the
side the to the right slide. on of Moving
quarter's and million. $X.X $XX slightly our assets earning an reported interest reduced decline million Our than $XX.X higher the primarily amount an prior of a quarter. was and decline related our $XXX FTE to; the over two, And income loan position. increase X.XX%, average prior of one, current reported million. liquidity This billion, XX interest margin quarter; basis is points net PTPP of elevated of We year accretion from the totaled the discount for
XX points partial million from lease less previously was Fountain, this to was X.XX% our yields discount decreased quarter basis addition Offsetting During to loan lease primarily and in our $X.X basis issuers. and PTPP of decrease points the which mentioned. the accretion by quarter XX and loan accretive loan income as from
had deposits X.XX% our basis we at in funding points the of a quarter X.XX%. five deposits, of decrease interest-bearing total for costs to with cost For
repricing quarter the the million we XX% have deposits our been of time of of XX will repriced. deposits over during and point, cost basis time have our majority At a average our of For maturing higher-cost at points. XXXX, or time this deposits third $XXX weighted
move margin our favorable position liquidity over points. able with to continued we still funding our impacted elevated well cash last experiencing With we forward deployment. has our are believe cash which opportunities. being average over patient rate and were mentioned quarterly our abundant strategically balances, million. of earnings in liquidity call, core As our million still excess we But for NIM $XXX balance $XXX This bottomed. totaling with Currently, position basis are increased an has with XX elevated we of and mix, quarter, negatively the uncertainty,
basis of forecasting and a Looking X.XX%. basis or to loan around We're of fee million. margin we estimating forward, XX loan $X.X approximately have points, estimated points XX PPP accretion of are approximately $XXX,XXX quarter third accretion
to Moving non-interest XX, We had on quarter operating of revenue. non-interest another solid Slide income.
from growth continue quarters we consistent see the can trends. presented, build you As favorable to quarter-over-quarter
in non-interest prior XX% revenue to from almost increase year Our continue associates the of quarter. with building place much our emphasis revenue, having us
increases continued includes: current fee our increases investment in management. with from our income, and assets continued of in Some under charge service activity interchange growth services
banking we mortgage team, another quarter. had our consistent For
$X.X As with expected, revenues our totaling QX income was steady million.
projects. headwinds from increased even prices, Our inventory pipeline continues delayed strong to the building remain and with decreased
expecting We in are production similar as quarters. still two past the
income category other our fee Fountain from acquisition. included Our additional income
our the Looking fees. to and recognize and are are rate quarter, some with third capital up interest we running swap starting initiative forward into markets
income Our forecast is non-interest a for million. third of the $X.X quarter have
to discipline Through team management. Slide growth, continued on XX, non-interest our our operating its expense our has Moving you'll find around expenses.
Over our remained several have relatively the consistent. quarters, expenses last
increased expense acquisition, All increases operational stemming expense from months slightly, acquisition. lift-out our team and quarter, as full categories were lift-out having franchise and growth. the in various our non-interest a expenses the Fountain expense from overall salary two For items, Fountain expenses in as the primarily benefits current quarter our employee our from have and our the Gulf and primarily Coast well other
non-interest forward, around around quarter million $XX.X benefit $XX range. Looking our and expense with is million for third forecast having of the salary expenses
Now on off to taxes. finish base let's touch slide, the
taxes for the income an Our reported of quarter XX%. effective tax third [ph] rate
Jordan, handing go our effective Rhett third At credit-related info. the XX% of for tax and this the Rhett? rate are slides loan to an Officer XX.X% We of be over quarter Chief forecasting to point, Credit the to I'll over XXXX.
