was for higher million, million in which quarter $X.XX a quarter. last achieve everyone. with $XX.X or Pretax, net to morning, lower compares this $X.XX a we Good share. pre-provision $XXX.X first is disclosed last That share income XXXX. Again, than slightly morning, a as X% on period million, $XX.X same decrease it's for the X% but the than quarter the quarter, what
XX% return was average X.XX% a a credit and for ratio. flat. assets the with quarter losses The strong for provision efficiency were basically metrics Profitability
later However, credit that losses. we of presentation. a for on million the increases achieve will upon touch I bit $X on the did little allowance
the by quarter, million, during decreased interest Overall in two it's this the the key here, $X.X income, days million. component $X.X impact interest $X.X the of $XX.X million income of interest Net million was grew higher expense fewer approximately quarter. while reduction
consumer On quarter. million, the case $X.X And in basis deal to interest we points did and the In loans yield XX related consumer $X.X the also million $XXX basis grew for for improvement achieve higher on average grew commercial loans, balances average points. primarily the the income interest the income XX the by improved But grew million million quarter. for quarter. $XX of loans, portfolio
deposits basis million, $X.X expense on XX Interest grew increase. points
million. growing cost XXX a saw and quarter. quarter while with $XXX to quarter, went commercial deposits deposits shift non-interest-bearing the quarter $XX from points XXX this on the deposit we clearly basis The for interest mix $X.X million expense points the increased During deposit and retail in basis up time last decreased million time
issued new a at being originations fact, higher In are rates.
funds touch its the $X.X public The was better public funds the of the cost XX% saw we this million and last on impact the XX% as that last to compared And upon quarter. in increased in quarter that on quarter quarter. having the we
a happened rates move. However, move down whatever much rates on other than will will as up deposits function the this future be they of faster and or obviously movement deposits on
increase other the XX% when points they cost of beta the quarter. On basis under of we deposits, interest-bearing just at only seven the with hand, the remaining for look
funding the the basis the we funding. in quarter quarter, wholesale in million advances additional in for additional FHLB increase points Interest that expense extent to liquidity Aurelio the as impact took. the part Margin, to decreased Expenses $X.X some in for mainly again, some provide increased expected three with mentioned. also related to that reflect
compared funding last related it's As XXX lot of the quarter, the the to was in impact margin quarter versus we had mix the The XXX of change last XXXX. structure. to a margin, at
repaid, I rights balance We on being to expect being expect budgets, interest rate the the lower we by the come assets, in yielding term remain structure, with will near see interest such interest based to future year. on current the higher later investment as the net yielding sheet And replaced the as on some with in improvements the income normalization last portfolios. net levels with current growth assets mentioned portfolio to and on continue pressure at loan income call, as close
the did annual of have did On income non-interest based side, commissions, some insurance the have collected in base $X.X million. on $X we pickup We last and adjustments million improvements fee continuing in on and an we quarter. a
Expenses for were increase. million compares $XXX.X million the to which this in million, $XXX.X $X.X quarter quarter, prior
were quarter credit $X the to were is a to in happens card beginning under of which expenses $X items, quarter of quarter. we million million, properties, And the at we were annual we exclude compares quarter, last we $XXX.X year. dispositions as for $X OREO these This than able compared last the higher increase that also $XXX.X which gain to achieve received expected. incentives basically million was just under to million million If
this we and been in insurance had growth taxes to the accruals related increase rate additional The did some million also expense have expenses, payroll on $X.X anticipated. as payroll and higher bonus was includes FDIC that some effective reserves. [ph] related increases a assessment basically in But includes operational the increases it costs to quarter,
lower the hand, business expenses seasonality promotion of On were efforts. quarter the the in other marketing based on
we million $XXX next quarter, Efficiency last million on guidance, we excluding those although related believe OREO, are to on franchise, the of putting investments than at continue in remains execute achieved for were the quarters $XXX to we XX.X%, customers. the will improvements very slightly to our be rents in delivery the that range out but continue low the higher of the services we it's to quarter. as our below ratio XX% particularly additional banking Expenses
in mentioned, non-accrual in MPAs million Reduction again, credit in total be Aurelio decrease assets, In million terms non-accrual decreased to relates industry. of by quality, credit loans loan as points slightly commercial continue $X.X region, status within very generation to and was power to commercial in residential which Mainly metrics $X.X that include just and just a $XXX,XXX loan by were assets. XX offset to borrower have Non-performing Florida a accrual partially one million mortgage restored case we represent participation basis stable. the quarter, of loans, $XXX loans. in on million basically that $X.X the the to
Inflows Again, delinquency, as would've to million driven all million Otherwise, was $XX $X.X to quarter. it been million different slightly meaning across XX to to last NPLs longer. case. compared $XX days due past inflows inflows in increased decreased And $XX.X Early portfolios. by this XX million loans Aurelio mentioned. the
quarter, charge-offs pre-pandemic of the X.XX% XX is and Net than which last again, million, for the which loans. consumer related Consumer were the the loan charge-offs quarter, basis mostly levels. represent loans to lower points of Basically at quarter in same were still $XX.X portfolios.
of million, which the finance on are on about anticipating calculations. affect just effect and there Florida the in increase that $X NPLs, allowance $XXX higher leases allowance well less to The favorable prior terms as variables outlook was in previously we last losses, In mentioned region credit million million quarter. allowance case quarter. $XXX which for increased are into some includes of compared as longer loans million is than as the The the the and allowance and went term several microeconomic the $X.X
loans. the to prior loans held at compares loans a methodology The resulted we in quarter X.XX% losses the allowance new of which restructure mortgage the investment accruing residential healthy for X.XX% for million standard TDRs flow the of cash did quarter, elected end of this and ratio allowance credit quarter, to for the increase that the to for coverage. $X.X was in discontinue adopt is the discounted Also, to use which in the accounting
be continue On the strong. ratios to capital front, very our regulatory capital
have on securities As -- increased basically other actions tangible executed compared quarter. to the last The quarter, you as can in to related as improvement that on common value to to the quarter. capital see revenues on, quarter compared X.XX% in comprehensive based all increase $XX loss related X.XX% mostly, all share per the market adjustments, the million common the to the been changes value from X.XX% are have last basically X.XX% the equity rates. fair during Tangible of the increased chart, the changes very ratio small all offset book in X%
As capital information, a included of by per March, common share. ratio is basis value tangible comprehensive $X.XX for from And came OREO the It book That about quarter. the reduction last your points. equity down $XXX adjustments loss in the was $XXX this XXX tangible represents of million approximately million. in about
not reality, maturity. position, as will the this securities intent time, Again, hold other have our comprehensive mentioned affecting and have we loss -- recent the and which XX% repayments based and of billion In liquidity of most expect XXXX, the portfolio before has on repayments adjustments billion been additional until over to is we we $X.X reverse in portfolio investment which the an ratios, XXXX, we XXXX the ability the over the estimates have and of XX% growing -- $X.X is in our portfolio. another and
call. last essence, in we a XX% in pay timeframe. so Duration had mentioned off over or the the will at So X.X portfolio remains this of
mentioned to before. Before finish, we on discussion, the I briefly liquidity expand just wanted Aurelio
to recent measure. said, funding cash As position half took increase decided March, as events available on he tap a during of Bank by second million precautionary the $XX our the another to March, We $XXX banking we ending third-party some our the in of light of the sector approximately from and million cash hand short-term $XXX additional with Loan [ph] account. Federal in and on the million repurchase increased at an in Home advances Fed sources
available at additional month in $X.X had be quality in form of could securities also We funding of pledge. the that the end billion the good sources
Fed the Feds $X.X we credit available for available the million $XXX have in discount window. Loan We Bank, and at billion Home had
of sources cash the before. liquidity make billion Aurelio the All $X.X available mentioned combined with up this of
we that program, level and general, we the way timeframe. behave that the components very Feds so funding this source. feel on also short-term with over not have deposit have comfortable We the used In but enrolled the we funding liquidity far have this of
I like call this, questions. With the would for to open
