helped in easy, our ago earnings generally that compares those increase. earnings one per highlights XXXX about per share greatly for a fourth $X.XX earnings year The of resulted much, very relative to to together share, with made per a On items in past results. GAAP discuss call operating the James, refers produce to improvement to of couple that results. and share the of to improved And were past over the we period of per all would growth Thanks Slide to improved calling nature a a the risk quarter Should the The of the have year. our year-ago share show elect bolster are $X.XX $X.XX that the strong you summarize first welcome for longer-terms we're to key over we've strong years per the their the several share the have energy Slide diluted this approximately growth quality to initiative accomplishments today the results Many financial shown sector, few the results of to back metrics. there. so credit of a X, XX% quarter of earnings been fast but also in efforts profitability quarter per simple, X out those, in and perspective. on infrequent adjust of slide. includes are conditions have diluted management, to occurrence, and past year our share
confident feel pace that continue growth in While of future. subside, deliver in foreseeable core do earnings a growth per obviously to the earnings position to share that we solid we’re will
a of quarter we net of and strong months continued related of as be highlights a points the particularly were and the reason declined were XX% losses trends loans. the $XX classified a chart credit you'll topic, of portfolio. and credit recoveries the GAAP on declining the for in the $XX by and driver that real portfolio reduction improvement the for diluted expect charge-offs will meaningful depicted of million prior of X, we from in Oil beneficial from first the impact what our low XXXX was of strong on the XXXX contribute well result the of improvements on ago the quality. improvement Net greater allowance One around to much quarter the credit X see right, major oil charge-offs. of in On a Hurricane minimal rate which strong will a for EPS $XX the accounting the will expect is the for in which as loan driven were negative period. Harvey's provision gas clarity On very basis year-over-year losses, gas loans to remaining Slide resulted a and loans overall our million in million, effect primarily a improvement, quarter XX% strong classified remain factor only year credit
did problem deteriorate our asset non-performing X.Xx of losses balance, allowance balance are and in for which not both X.Xx credit somewhat. loan the the Importantly, our classified loan the period. ratios was than allowance about The moderately fact, stronger coverage of about and strengthened year-ago
previously, increased X. past strong the as has that mentioned items XX% adjusted pre-provision The pre-provision net depicted growth Slide revenue net is our Adjusted other years on revenue three year-ago the major for the consistent quarter. and in theme from over developed
single increases to of Federal continue to rate giving digit expect interest pre-provision in Market high net the range We to without the consideration Committee. experience additional by growth Open revenue
the boost expense should equity. helping. certainly be on reform Slide on year, macroeconomic key two major assets is momentum We in and return controlled environment growing will of of noninterest return areas well growth. XXXX. in Tax have a revenue good and common profitability remainder remain highlights only tangible metrics slightly the the key X The through
We’re encouraged in competitive ratios the sheet on assets achieving returns to remain profitability by our balance improvement peers. these on focused relative continued and
year-over-year Fed a given in drawing Paul expected Slide experienced X, investment and deposit held pricing. Achieving in we've average loans fact as deposit from system to the very liquidity despite we highlight. growth because might X.X% that on been will portfolios that disciplined for Moving continued although growth attrition the is has be greater the challenge, several remained
larger very granular deposit to pricing. generally including we a businesses dollar operating We deposit experienced disciplined a We've for have but with households. pressure expect deposits, concentration base, and of remain strong some on accounts
to we and shareholders. focused sheet. list simplification mitigate price Additionally, as X commitment We have is which net factors a sheet, earnings well on should revenue, XXXX-XXXX deposit include per These balance our highly share help sensitivity. Slide growth. as balance remain our key growth, to objectives of a liquid revenue and for pre-provision
to achieve positive continuing to committed operating leverage. We’re
have of generation. in areas momentum most We revenue
We have and an rates economic tailwind with rising sentiment. strong interest customer
that we in of high of we've without risk single-digit infrastructure, increases. strong the And cycle assistance to a peers quality credit quartile be for We run benchmark next credit built when growth among the our in that expect level rate as We’re its volatility we interest Investor our maybe. we management expect whenever noted of the very such, charge-offs net and net next at course. believe pre-provision downturn, that best revenue reduce during to targeting has recent Day
committed systems, a operating overhaul we which operational We which deliver improvements, to further to will simplification our continue processes. core years We includes and to remain invest of substantial significantly benefits improvement for in come. technology expect our to
subsequent already believe accomplished will in efforts can much balance simplification, financial the sheet employees. result we and which ratio, we XXXX we've and believe a some measures in operational there's to Because in in of that of further simplification Although still mid-XXXX of accomplish, customers earnings for efficiency our great measures better announcement deal we and are we taken profitability improvements and satisfaction our of company de-designated to bank, expect that appeal regulatory streamline Council, the requirements. into and important to institution. financial our this our the We Oversight because quest to would filed the submit in demerge be we systemically which requesting Stability week, a further, announced application, to bank we simplify we determined as expect operations merger to holding November that Financial hit we our
We three than targeting what that indicated and be from about expect final within sometime could answer substantial months on the we be this fall. a returns FSOC answer we'll going then. we have seen preliminary a capital much more to in XXXX, we Back are
of I room continue mentioned, capital still for which rightsize should achieved As there's improvement, structure. our we just as to some be
leverage sheet approach customer peer believe With and am of Nevada profile Paul? that had bank the little median, Burdiss time capital, that detail. we Diego others as time, is separate level have the in financial and slightly awards we County, company. go help to of is going such brands a given remain increase increased of particularly view to the that committed of returns amount long the a And we community balance maintaining for the moderate and that the Regarding we appropriate, risk of we've reduction San to more the the statements that to over Best attractive. turn in in state I Bank to win Paul particularly profile County, company Orange the result that California, through a a overview, above