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reconciliation If GAAP. level be GAAP will numbers of you with Please adjusted financials. our and for like turn high adjusted see to My statement to the slide share versus an comments four, I'd on income appendix you. a our
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origination Importantly, volumes. we by encouraged loan are recent
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run recognized have forgiveness. million added to your page off rose impacts expected and third For yields quarter ended PPP These and to analysis, P&L. purchase appendix the loans. of balances higher assist in we in our PPP accretion in To loan a the the portfolio with the with we on are quarter to CRA due balance We C&I $XXX sheet PPP XXXX.
expect non-strategic loans will in auto branches which loans, off indirect we million eight third $XXX the have next of of to And in had over mid-Atlantic average second recall, eight million $XXX which quarter the we million. selling $XXX We are average quarter, you also quarters. run and deposits
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grown has portfolio a investment Our XX% quarter-over-quarter basis. on
yield for the our continue pursue BEST investment average needs portfolio, while liquidity shows to options balancing We enhance on Slide the plan. six liabilities. to investment
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card has encouraged like deposit service include as are increased. interchange on revenues We up lows. activity charges XX% activity fee fees as year-over-year that related and accounts pandemic are Deposit economic up of recovered year-over-year were XX% fees, which consumer
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on a Our was year-over-year basis. down head X% count
efforts with $XX XX% reduced modifications board. goal year-over-year making transformation economic forecasts, also $X.X for close that very to provision point charge As is million early the down we're are on a at launch, quality. self-fund down year-over-year million the second has to the $XX million of to loans, versus discussed XX quarter XX% $XX loans. to quality, are progress non-performing million. bucket million the The the levels. at quarter. encouraged summary basis similar first in Leading are from Improved or pre-pandemic to XX% our in indicators total and XX coupled improved points including in delinquencies XX Loan X.X% of the offs by X.X a Slide May are off improvements million across metrics, is our $XX improved XX are XX delinquency quarter front. delinquencies in zero quarter. expenses is asset we first quarter. versus Total and or quality a of day first down to provision versus resulted BEST significantly asset loans Both which at credit Charge XX% our
us. year-over-year liquidity for loans Firestone versus and our each includes and that credit non-accrual of ACL excluding the on be for charge discuss portfolios. the PPP XX% of loans. and two assisted XX% Our follow to of total portfolio. living delinquencies a Slide total if It X.XX% loans, appendix want loan our in Firestone, COVID are quarter. and down are and down, for loan is further our you down to decline to notwithstanding detailing noted restaurant are with first and allowance balances. sensitive XX% for at with nursing in loans pages The off XX should portfolios percentage as Slide trends shows segments, COVID XX% deferrals four are the losses detail zero net happy assisted including down assets deferrals our down digits double sensitive for further up restaurant hospitality, you books. positions. I'm capital COVID improvements down quarter nursing, and sensitive X%. significant XX hospitality of versus COVID first our living are Criticized the highlights and
stock quarter to Nitin repurchase via As capital we or net approximately XXXX and second $XX.X income shareholders dividends. returned XXX% mentioned, of of million
very our CETX Our XX.X%. at continue improved by estimated strong; second capital points ratio XX common versus first ratio quarter Tier equity basis the remain levels to X capital ‘XX is quarter;
We share authorized the continue on having million shares by of X.X buyback program to execute board. XXX,XXX purchased shares our the already
We on to asset this summary, In us mix was quarterly As you execute momentum due can provides CETX we increased growth as change by plan. see RWA’s encouraging improved risk discipline to shareholders. from drove credit are an zero and down return moving revenue estimated walk, and transformation categories. also primarily has had lower income, our our expenses Capital continue the continue in in provision capital excess dropped driven expenses. quality as to robust expense significantly to to fee resulting we quarter levels
$XX.XX, was versus X.X% we per grew share of and quarter book value tangible our XXXX. Our up second is ROTCE X% to which
I to outlook. comments like our Now, would close with on
forecast, vaccination upbeat we trends the in footprint, economic to recent demand weaker loan in about seen While our trends are expected persist. are and quarters improved
loan We the year expect and interest to run-off. non-strategic of continue the lower income to books be as rest for NII declines PPP
stable throughout revenues half the fee of second be year. to expect We the
in environment XXXX. to expect expenses and that improve provision credit towards levels over time trend We meaningfully pre-pandemic credit
get loans credits can expenses we last on so I we charge-offs. day to a that don't we our caution X expect lumpy, As provision or to expect line XXXX. be said CECL quarter, in straight to results
about million the for at rest $XX the to year rate. expenses of expect run be We stable
share be higher was we Nitin. closing be tax turn of the fully rate this lowered. that, to comments. diluted rate to our in we mid high to our tax expect teens, I’ll With Our expect XXXX it for back to and for quarter rest Nitin and counts
