we with million income, quarter, Beginning net Anthony. the quarter. you, interest from second for down third Thank the X% $XX.X posted
X.X%. cost and points, these average XX net to decline Here, a of our yields second and we increases by we from Loan of X earning rose quarter. $XXX,XXX The interest-bearing day additional income. income interest points, one the grow deposits, leading basis improved net slightly in interest had saw assets interest basis offsetting however,
for from Our X quarter. down the points net interest basis was second margin third quarter X.XX%, the
compared first and with decline rate basis of interest our deposits quarter, the change to When XX slowing, margin was for quarter interest-bearing basis third the XX basis for the for environment. in for we quarter net rate current the reflecting the declined rate slow, that it the better points we of X last continued met second points expected, quarter. our points noted As
remained environment relatively slowing. deposits demand noninterest-bearing categories and We deposit remained We towards healthy, driven rate shift was also of noted by see portfolio unchanged. were interest-bearing deposits, that our the XX% to the the that also interest-bearing current that pleased deposit
the fourth We in continue quarter, we the is as the about month cost where October date basis average. of third to see higher enter deceleration for the of rate points XX than quarter to the of deposits change interest-bearing
Turning to of leaseback $X a posted property. million, noninterest income, XX.X% the on quarter. we the from The and second million increase gain reflects sale a branch up $XX.X
Here, asset we $X.X a also liability. right-of-use corresponding and a recognized billion
we owned expect the property forward, be year. the and expense now difference approximately previously with the Going between to the associated $XXX,XXX property per lease
the the The Third however, $XX.X quarter from for declined annualized million $X.X with about compared at loans the third assets XX quarter while or premium third SBA guaranteed from expense controlled of average for basis. the sold, portion were was basis second for $X.X quarter an on X.XX% $XX gains quarter million loss X.XX%.
Noninterest on expenses as to increased of second the Credit sales small in quarter volume same trade a million third the million to remained million. the points $XX.X for quarter. the the the recovery second loans quarter of well at of
basis this have As for for specific million previously on in charge-offs loans, were quarter, by charge-offs annualized points, third elevated XX $X.X allowances noted, just charge-offs taken an $X.X actions basis, $X.X net the of if Since classified average identified were million these the incremental of these credits. two million there basis On $X.X we the of resulted points were loans quarter. exclude the an for reflecting charge-offs XX we net noted. quarter million to expense loss third credit
loan loans. So of of allowance with $X.X a and of X.XX% charge-offs or quarter for of million altogether, million, we the million net provision ended an with losses $XX.X $X.X
specific allowances I think if $X.X exclude have coverage it's ratio quarter, point that as out that you the to been ratio of the were would X.XX% the second to million important from well. for
to funding, capital. Turning and liquidity
ratios on quarter reliance and Our funds. end. solid strong deposit of XX.X% or to portfolio at The remained wholesale limited loans to our broker client was due deposits relationships deposits
reduced XX.X% $XX.X end position, to combined on loss Our needs deposits. the and cash available-for-sale interest our securities included our after-tax rates capital in represented changes with is our quarter. million since unrealized second in of portfolio position The due grew securities of the portfolio for and pledging the
losses reducing exceed reductions We tangible a also paid addition regulatory capital the just to X% quarter The and to common to capital bank At common the stock, back unrealized repurchased at bank ratios effect less category. our basis to $XX.XX points, $X.X continues cash the the our XXX,XXX level, capital net decline that, our million. bank I'll position for XX.
Hanmi exceed the capital, further Bonnie. XX.XX%. offset exceed we per these XXX the minimum was was were shares of and to XX.XX%. Tier The company's X.X% well-capitalized in income dividends after-tax in of ratio minimums.
With about the by to continued to ratio minimum this in resulted still book our September it regulatory share value requirements would ratios turn give third equity to X If