million Revenues comparative credit relatively summary expenses Paul. lower and losses. $XX.X we revenues, was interest assessments. estate On Net for to lower swaps to and costs were rate as FDIC Operating higher as the by increased stable X, to million for lower. income related in customer you, real income are Thank a compared significantly provision were due net QX $XX.X flat commercial statements. Fees higher Slide income and higher slightly quarter driven interest have costs declined. compensation income originations provided back-to-back are fee
While volatility remains $X.X COVID-XX and provision significant to losses have credit pandemic. for uncertainty the for of improved, there the with loan modeling credit million. economic reserve related coverage losses marginally we a for We losses forecasts used maintained our
income Page basis on growth million earning XXX XX $X.X million margin basis interest illustrated our asset X, funding the increased loan As net driven average as cost portfolio our stabilized yield points. declined interest The as $XXX declined by at points. basis of net of XX on points
as deposits comparative In for loans. rates across and and was Bank of $X the we The stable loan assets, flat our declined deposits for slight you in was the to to Loans brokered million the points largely $XXX and of deposit growth million. excluding significant X, loan quarter, The $XXX allowance If from Federal X replace deposits driven reflects portfolio. growth favorable million, of Home evenly can distributed loan advantage the loans, me non-maturity XXX PPP could sheets. billion categories. third relatively you company composition our quarter basis and QX. $XX follow Slide down the took summary Loan remained at had grew by advances. Slide reference balance declines million represents for brokered $XX losses Deposit portfolio with
offset loan the demand X, we status activity. increases the payment money providing CDs and our deferment this of in deposits in decline. On NOW While savings are declined quarter, markets and Slide
loan XXX X.X% loan by X, quarter-end, provided $XXX continued handful there deterioration. signs loans credits information modification under of modifications loans a mentioned, downgrades remain of On Act, total million As of have Slide sector. All to of is CARES with as if the accruing outstanding. Paul representing were totaling
go could retail fall meaningful limitations and monitor exercise, impact or we closely sectors into months. as We winter continue as a the have government shutdowns and laundry to
capitalized, we Directors million buyback program of standards. in resuming all on the The continues be Board of requirements. September exceeding $XXX company well-capitalized buffer approved Slide XX, of shown to well paused regulatory As capital XX, the X.X% or yesterday regulatory At we had March. stock
stockholders history which common to will regular of which a used November per yield. X.X% be paid approved a dividend to of $X.XXX funding, Board back be XX approximates a year-end. will $X.XX million XX. to of representing we in opportunistically in provides our comments, are In XX increase before shares XXXX, our paying total, payout, quarter. $X.X remaining turn on XXXX, The share continued per which over out a concludes have dividend share, payout repurchase my November it currently during This We this quarterly dividends a X.X% I'll on and record and formal Paul. Slide
