slides review. Thanks, start X cover I'll the with Keith. through XX. My comments NIM will
of finance increase basis which in in quarter. of in at XX basis. LIBOR September. for late core would points expect assets, LHI to was on a decrease end positive quarter move from the quarter, third LIBOR increased Our level than normal through LHI linked-quarter fourth in XX LIBOR on ticked Traditional points slight betas had the on in first the quarter NIM the Traditional quarter. points basis slow We XX-day higher expected. we XX continued rate points included quarter of impact as and the accounts The opposed move average basis came in a fourth be to yield yields basis the liquidity the quarter which about six the minimal lower were slower which catch-up X up the LIBOR back basis from fourth These LHI the QX. in yields third in the NIM. as in a yields move from in had the third a points December normalized Mortgage reported and loans quarter the rate about up levels higher second from the quarter third to quarter. Ending than were the fourth impact the on loans
basis to call, We XXXX, and increase probability we the linked-quarter interest-bearing a third fourth movement XX mentioned we points days true later increases XXXX. this by we deposit. in basis as the XX in less a in we third XX in offerings to of quarter. from market from increased of increase overall with from evaluating yield. third in thought the needed of the lower and second the quarter the more numbers less have were pricing QX for close only XX retain during grow change as September XXX expectations. adjustments slows, Fed should a Similarly, comparable of in expect As index increase days expected only relationship the Overall to bottom included move to rate our average quarter-to-quarter is that quarter the deposit flexibility basis that's we to move. points be and QX points in see we there The multiple few cost Fed December quarter deposits. costs experienced now. Because few basis had in was fund increase With share. to points points making we and includes If of the basis would deposit Overall the quarter provide, consistent believe is on
seeing We line behaviors focus have the solid deposit with on a front We're pipeline deposit. continued very with positive traction. getting in also verticals
total. the chose still additional fourth of we that replace were traditional but billion quarter, $X.X that During to remains brokered in maturing, approximately about million CDs nothing $XXX
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charge-offs. quality identified, charge-offs Moving feel larger continue of another second we quality, fact despite charge-offs on quarter. the quarter asset good deals overall that provisioning some previously earlier the of were in and credit to we related The about had experienced which to
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that happens a discussion that time but that Additionally, there a a this of portfolio which to ideal something time, was from indicative QX not C&I broader part of is certainly was fraud, is issue. was
had and we charge-offs and Lastly, time. energy nonperforming been were for a which legacy the work out a during of long couple year, of part had
charge-offs criticized Keith uptick in fourth level mentioned we in a in the of non-accrual quarter. fourth With of quarter, look experience total the the decreased did LHI. an primarily result took low at at We points XX basis a the the deeper as leverage levels that quarter, the of last total levels portfolio
our as X% level. at LHI remains than percentage However, very of criticized favorably compares to which a total industry less low
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our we've XXXX migration some provision. shortly, additional discuss book guidance assumed in in the I'll As for leverage
growth and look at We've continued of up revenue, from revenue continued traditional in As the has as the LHI and in LIBOR. XXXX strong length net quarter from XXXX saw net experienced prior benefited portfolio we we net move improved strength margins XX% revenue result a was a year. in
ability more loan we higher, higher less overall the be the net loss Gain and we hold Some how offset so chose have In but than optimize rolling timing interest warehouse volatility quarter, to sales in altering for the production. to cost affected production can MCA, income. long [Indiscernible] non-interest times carry of or by income in were interest MCA included items. to related sales. sell by profit the on during hold by primarily the in in year we hedging fourth
to client longer. items, to hold it So, continue seasonally a significantly compared optimal about look improve non-interest expenses, growth. revenue Full increased XX% was increase in quarters, in experience. a and rate year PP&R at focus accelerated slower NIE the may to enhancing be When net specifically XXXX XX% core power levels. year XX% improving basis, on has with this while salaries run last on operating a over we of earnings efficiency and XXXX year's compared we to On expense
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when Our current been weaker. holding finance higher liquidity is comfortable lower ROA, during we're levels seasonally mortgage liquidity for quarters beneficial have but slightly levels
We growth and outlook. our level based to will on continue take capital monitor actions appropriate
XXXX to like move I'd Now to our guidance.
level months, appropriate we potential, areas overheated high consistent net Consistent cases the in point. Our this runoff some outlook at single-digit our to traditional we see believe areas for are a several we the that messaging with is LHI expecting other percent is growth. risk last expect think in and growth limiting this with for that average growth
which average for low finance representative benefit capture to and share. outlook growth signals approach of our to relationship outstandings MCA compared pickup guidance forecasting This volume. market ability maximizes Our forecast, average the continuing mortgage which currently full year-over-year. an for of see the X.X a is growth in to are profitability slightly is for single-digit down NBA percent of to billion is XXXX
but all towards total average the With we traction an that some single-digit half weighted mid for net would percent growth from outlook expect initiatives, of year. is be Our second the expectation growth. high to deposits interest-bearing,
core expect to growth non-interest-bearing in on also may see some We upside trend. which to result clients continue in deposit
rate to in Our additional The NIM increases for outlook is XXX. XXX is guidance XXXX. no assuming
is revenue net for single-digit percent outlook growth. Our high
balance Our The guidance our three $XX level. higher is positioned for outlook cycles. ensure mid provisioning for provision high as expense we million is to sheet
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Our XXs. on low efficiency guidance outlook is for ratio
want longer-term Lastly key metrics. few spend for discussing a average outlook I minutes a to
X-year long-term -- planning improved outlet as with a we make our As to assumptions. move horizon our few returns outlook part of we
our of in assumed us return businesses. First, our the we continuing XX we state of to capitalize fully of Inflection volatility our currently continued Point LHI. XX enables assume to economy growing provision for as is potential it the higher are as on the basis portfolio. also of average which points We've positioning Net charge-offs
never credit While important continues volatility, be our part business. on the while executing we have the sustain Mortgage we higher an still to our finance to decide costs, earnings objectives. power of
positive for shareholder will we growth the to An of of our which capital initiatives rate outlook in lowering to. horizon. increasingly of yield execution use Overall ROA to ROE return leverage the are return our our an with extremely accomplish We Successful and ratio investment continue and and Keith? XX%, the will thus is over future to XX% efficiency than noninterest result we profile important expense than efficiency, underway less sustainable we part return believe objective. levels attractive greater an maximizing committed have XX%. efficient above already be
