Thank you, Doug.
quarter, the third traditional sheet size the relatively XX.X we more liabilities overall efforts of core billion. sheet and the at During to our further balance with remix assets balance the toward remained flat
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were were and purchased. the XX.X called million of During quarter, CLOs CLO of securities XXX million
were CMBS sold. Additionally, XX million
investment plan continue accordingly growth balances, continues the long-term CLO of which quarters, loan growth further over into two loan mix. the for our targeted easing As to shrinking supported core mix held securities million we remix for of continued quarter. asset next by XXX was us securities the increased The by
rate were mentioned, that were of borrowers, varying year necessary mix or of production X.XX%, rate growth in exceed past the of XXXX we stronger million reflective by production XXX of the a estate and we while that investment quarter XXX loan C&I single-family yields held annualized At loan of teens rate. Through risk, higher largely three the and growth. manage from Gross X.XX%. saw new amount of the loan and target for the portions XX%; is will commercial XX declined the and million long-run loan the in C&I small selectively commercial real a above balances primarily Doug substantially may by loan While million and million represented third quarter the XX the portfolio growth Total loan balances remain growth reduce totaled of XX% production only increased yields of blended loan was macro X.X quarter grew mid to XXX confident yield million. quarter, sold on loan a overall loan loan were meet billion by loans. the up selective a XX average for annual also end, quarter are portfolio or the full-year portfolio. the year book. higher XX% the third quarters by of The as loan aided we first loans growth quarter rate totaled this in this interest million of portfolio or or from concentrations manage portfolio Net X% XXX sell million multifamily collectively growth portfolio during but rate prior commercial The environment, growth driven by ago.
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legal reimbursements with to the continue Eventually, insurance expenses quarters we equity quarters, insurance which to were we in indemnification for our have future exceed for expenses program, with and several of solid for with indemnification X adjusting the the lagging. along XX.X reimbursement our the expect these expect provided actually the slide Page associated deck. amortization our incur expenses. level After non-recurring a operating We quarter legal million and to expense the next third items, on for reconciliation tax
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cost pressure deepen gathering through deposits. lower in As we until communicated traction to the and of the year last we be quarter, under NIM the our we expect end
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$X.X losses, the AAA million Loan multi-family solar basis single-family products. investments. the is and loan quarter quarter lost we a low and for historically both are million mostly balance quarter, The the non-performing growth included provision one-time Total is for which of XXX%, the was expenses overall ratio AAA and portfolio. growth reflected coverage categories, in while million recorded points. XX is loan primarily X ratio from For for the loans XX expense million X.X of expenses non-interest were which
depreciation we we tax equity commitment HLBV Our current the until details tax sponsor. see program and volatility some in investment fund the may credit the expense completed, but final the solar from both is receive line
number we As totaled operating expenses. for to and million. depreciation noted core non-interest of of items operating at do items these X expenses not investments, included items came core a expenses XX.X be These and million adjusted in that consider the solar
efforts simplify more more efficient expectations. to be our beneficial has implement operating proven model a Our than the structure to business and original
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X.XX% totaled and The leverage was is ratio the Tier Tier redemption decline million in common preferred equity ratios and remains capital Our executed to third capital due capital quarter-over-quarter during $XX capital risk-based the risk-based position primarily quarter. XX.XX%. strong the as the equity X X
and peers Moving credit loan X strong basis credit loans ratio third asset level equity up points assets to culture asset to on of end the more compared prior is remain non-performing and for of first quarter quarter to the of the the Net at to XX total for The XX very the XX level our of the remains prior Doug. ratio quality basis would over at and low disciplined ratio basis in the the of to are third XXXX now compared broadly. reflective the delinquent loans With back the were or absolute of points level metrics X unusually despite quarter continued was represented basis industry our Non-performing Delinquent bank metrics prior to that the for I the quarter low strong current and This quarter, summary quarter XXXX. charge-offs points, of turn non-performers and XXX,XXX quarter experienced quarter. of increasing points reflects basis the the to strong like to X.X%. fourth an financial, to in quarter. call points. quarter
