right. Thank you, All Ty.
was of seen that press have the you this As and released all Ty said, release, morning.
certain of will do, do, I some it. would all is highlights I us hit thought of what I So just really sections of think
about down have we can road. more then if any questions, And specifics you the talk
statement. a talk income and So balance the about first little the then sheet I'll bit
very comparable sheet to balance is actually quarter. Our last evenly
on the a Obviously, of the balance Our assets factor were and loans $X.X the quarter Total billion. at not is movement, $X.X X.X%, ended deposits. or obviously. biggest down lot total million assets sheet
did are quarter. pretty pay up loan, the was $XX ended We a a This have a $X.X of $X.XX billion. before facility on was loans Our that large property end loan actually sold. million, off right quarter at million
came multifamily So category. out of that and --
in of section. loan that in see the loan the You'll detail the
are Our That's $X commercial quarter. of and was industrial line, reflective that our up was to during growth million be and about about warehouse lines, million. loans in -- actually and going our $XX.X lending that the
in for lending compared loans right $XXX or quarter warehouse averaged that's at We comparable to million. Our QX average ended at $XX QX of million. million and the $XXX
growth So that just are sure trends. much we've in banks of like I'm same mortgage, had good volume reporting lending the most warehouse and
the million. billion. about now all total liability in really our specifically deposits, decreased Deposits I'll But about look leave a the so talk in I about side. a at bit were came $X.XX They over the $XX.X bit interest-bearing talk before That here down more in on I sheet, these about when actually million. income little time deposits, which yields statement. balance the $XX in decrease little loans
interest are ago. at These CDs the were These of that were XX-plus decrease were did about they started runoff high that this CD after we a pretty from now base. time rates. were noncore months Almost funds priced, from customer a but that it, we not campaign is in all the
getting And down staying to that those reprice were range. X.X%, to or a the in are the in X.XX% X.XX% range. They X.XX% to X.X%
its in much CDs. That's of repriced decrease well-run There's this QX do So about or million course. a cost in so. pretty pretty not our $X category, be in with left that left good should or something
was of total our XX% million, deposits. now Our up $X.X noninterest-bearing it's account balance and
end the that of was the XX% deposits. at of QX, DDA of So total XX%. there QX, of end deposits. of was trending that kind At XX% was total
growth So noninterest and trend accounts in and accounts. bearing good DDAs, there core our a
then, $X.X increased And of by million. QX. the shareholders' the earnings paid dividend $XX.X current $X we came $X.XX, quarter -- our a by you'll increased the million. $XX We On payout million of side course, did notice our equity, quarter. we capital from about $X.XX X.XX%. dividend we way, for about quarterly This, million of makes our That and yield pay linked for dividend
back September at We average shares that cost buyback an early of we and we buy in reinstituted announced also our about plan, did $XX.XX. XX,XXX
some that plan. saw in we increase So
book $X.XX quarter the equity at of was the So the of tangible up a to $XX.XX. And -- tangible value ended X.X%. we tangible assets quarter. right at for the end That's did at quarter, we our
again, QX. good a increase in So
side, statement our the income the on then were press as again, on you million. QX stated $XX.X saw earnings So for release,
$X.X there's up That's but from in QX's lot of noise those million, a numbers.
account was of provision the the -- accumulated loss a So was that probably or did the small of where we to the compared $XX.X our $XXX,XXX big difference QX, credit main ACL. release and million into difference in
in So press earnings. did of table a core we release, the put
Obviously, extraordinary the this PPP. is such in lot the events, very relevant. of numbers, as with noise I a think certainly an
extraordinary strength earnings, as define I think, you PPP. of show it really when our you being we the a core trends This will these you preprovision, out mainly get Our events. to and income take preextraordinary, pretax, in good the statement,
compared core QX, earnings our QX, million for and million. QX, $X.X were, $XX.X million, to $XX.X in So
a and income, in good increase in this offset is a of by somewhat a of our second. in strong which an I'll briefly lift just talk expenses, NIM all here noninterest operating Again, reflective about
in to QX basis lot of for there's again, of a compared decrease. recognized XX But just That's of lot noise million. NIM with PPP fee QX a income $X X.XX%. X.XX% stated point Our QX a over was of
and increase. an we of table So our in interest if if net at you look in look our PPP you the at actually press margin our NIM, put our again, we release, this NIM, effects, net had
X.XX%. a of That's QX to X basis compared increase. QX in X.XX% was point It
able been So we've to maintain that.
us NIM. of our good we headwinds think I have to hold ahead
something a the even be think QX, may we once in see the to it, there headwinds or that can pretty we close have. think of decrease slight QX we PPP effects maintain the looking that I with we in but
On you'll our see deposits, deposits, as in Total in press think change was X.XX%. X.XX% interest-bearing QX. where of stated big to release, a interest-bearing the cost of that's cost I compared QX,
XX So point that's a basis decrease.
$X.X this an interest-bearing average on of All balance about deposits of of billion.
rates, So and conditions again, more be change on CDs allow that's reflective being to deposit market going get rates timed us on of noninterest-bearing with to our as even peer. and able line in decrease
XX% while a we're DDA accounts. said, in I ago, As
in that's compared to total down in to And at look you funds, our QX. when X.XX%. they're So our cost DDA, X.XX% factoring of
So rates again, cost allowed. there of to good our opportunity decrease funds as
of the And then noise. look again, if at you net there's a of lot PPP, yield
try of It's be in that. XX to So yield points. a In consistent our QX our QX, basis loan QX. yield, was X.X% decrease I'll with to X.XX% compared in
earlier $X stated to our million. release we think fees total I in that charged were right our press QX at the SBA
this leeway there's be and it's bit to and year. SBA going of think to be and that's forms and close, recognized it's of XX% will in in going to around pays forgiveness lot XXXX, that in to that. year when is of the Has next But depends to panning I XX% then us. a there a close pretty be as of But going XXXX. -- for balance actually do, XX% it that on out, be process during and little XX%
loans or looking our those on all our then And income. those mortgage noninterest gain the quarter, million by SBA Noninterest Really, our and in of and -- side. in increased were and income of primarily sale really at income $X.X warehouse XX% driven fee and better strong. we're lending good categories linked even QX QX. mortgage Both
increased on XX%. linked top of was that quarter, volume XX% increasing in and mortgage Our has QX,
pretty you year-over-year, we're sure if the still same So are way, strong, XXX% this volume. reporting and up trend. about most in banks going by look mortgage And I'm
Actually, income our in did service of QX. -- relief in charge We up. charge give income was also in QX, -- service some
trend -- that's think there -- to quite see I not did. back don't but to up, will don't it I But it the and if that we know quite we'd So -- do to and an that was pre-COVID. we beginning level, level get increase
noninterest expenses, looking expense. our So at
little that's Our -- XX% comp QX QX, really ramped accruals our because that operating were increased with regard. stand since $X.X in that our linked over come out In quarter. a earnings Two We've improved things in expenses down. we incentive million, slowed earnings. up back down
million about in think big the factor of about So the an And loans. majority you're That in linked the we ] [ $XXX linked expense $XXX,XXX when of that's is accrual the QX, comp when section comparing in was million. we booked I we quarter. another the in -- book $XXX PPP then -- difference the I the additional quarter
So them. that's almost of all
QX. of our did in defer cost We origination $XXX,XXX about
again, alone make in -- $X.X increase at factors the the up quarter, you're expenses. million X when the about looking in million $X.X So of looking variance those linked
there's think -- in the things expense total stated about that there's related expenses extraordinary $XX.X in probably of in all I $XXX,XXX all, and different to million.
rate $XX really, X be per expenses quarters. to the -- the going rate forward about I million is quarter, looking think in So run run our is XX in close a expense next XX.X% more which to for
income which and of in the efficiency and I'll PPP our but expense lastly, quarter side. QX adjusted gets the net report, the on ratio XX%, was of both the to I ratio. QX numbers call attention it, Then of QX, in in the just that And stated compared PPP some of out efficacy XX.XX% of on to Again, effect, noise, XX%. linked are again, our then touch your for
we quarter. statement to had we're in again, some the that trends on this proud report So really good income
So highlights that's had. I all the that's --
it Ty. So over to I'll turn back
