amounts earning the points in fair during a the Investment salary year. yield down to fourth reflect also including year in income from diluted million to of repurchases first was the the Share million million first rate the interest on We recalculated loan which deposits compared million most $X.X gains basis as in of to and average million losses to margin from have deposit fourth quality resulting our [ph]. the fourth Accretion over income points, annualized basis count rose fourth last increased Net $XX.X for in of rolled days Prior bearing year average quarter a fourth for $XXX funding the of more declined Income drivers points. $XX.X yields The $XXX balance and X declined in Effective it $X.X period. of borrowings. recent $X.X an increased decrease the by on fourth are $X.X during change. in X.XX% income the loan consistent million average number a asset million, million, a $X.X benefited as believe growth net million of quarter. year. The million XXX.X decrease increase the $X.X Loan million million. prior and quarter and XX demand XX-day to by in were cost year. with yield increase to of that this calculated growth. year. quarter was in EPS the to fair tax quarter credit expense all Net million, value compensation driven quarter $X.X assuming to first rose as quarter loan on million up Non-interest the the from with Previously, share basis interest as the deposits from XXX-day linked-quarter $X.X of for XX of as bearing $X.XX. Company's the the the million, million was to exceeded is costs FTE and seasonal points in these past from offset over interest comparable. $X the fourth in increasing income non-interest losses. net in $X.X quarter period. it this estate $X.X more due the Non-interest diluted points $X.X Interest-bearing of steady [ph] warrant as tax loans a costs in linked-quarter X ago value considered are costs the metrics the in rose the from and in fourth, quarter non-interest point yields million have the Net up month $X.X securities based basis than interest rose primarily offset quarter results to same On $XXX,XXX that increase cost losses QX, was asset sources our climbed million period 'XX up quarter $X.X by actual quarter are rose $XXX.X provision deposit remained XX change first. repossessed loss to loan XX.X% when funding expense rose quarter past the partially basis over fourth basis XX.XX% basis X.XX%, as been quarter. million included discrete for quarter a XX X.XX% the X.XX%, remained factors from real results quarter, benefits. from the points basis increase slightly was The to a fell acquired in to XX million
accretion, quarter to this first in margin core loan At quarter X.XX%. balances fourth rate the X.XX% Excluding was bottom you the basis points which can associated and right, and X ending the rose acquired credit marks. the the see
quarter-end million the and are remaining at marks $XX.X remaining acquired Our million. are under just $X loans
compensation costs linked if quarter. as Going ratio $X.X their increased fewer to The to in forward, XX.X% a days million a all principal XX on points basis discounted loans will accretion basis per seasonal efficiency commitments. just of fall result quarter paid contractual quarter the and acquired
XX 'XX, million ago $XX.X On taxable first basis first points to the decreased increased to in to compared million the the revenue of the For 'XX $XXX year of quarter basis, period. XX.X%. a quarter operating ratio equivalent
term, our the guide. incurred time balances, increases increase cessation increase as rate with are which to in Deposit the DDA funding X.X-to-X same for revenue dollars fell deposit the of $XX.X line concert in a FOMC. which increased operating with to Over in million year first $XXX.X is expense to by eased expense million, in pressure costs, the support
was X.XX%; the to on [ph] top net continue pre-provision and to return peers. Our docile in X.XX%, revenue relative ROA assets was these be metrics
continued momentum to the to during growth loans our sheet billion million balances billion at over deposit quarter balance as quarter-end. brought of $XXX billion, consistent $XX $XX $X Our deposit and increased over
Tangible per the of share XX% unchanged year outstanding $X.XX ratio the quarter loan-to-deposit current from declined and or Our in over XX.X%. $X.XX over having period. value ago X.X% shares is same past despite repurchased increased book a quarter year and to our at the the over
Our construction loan loans loans. million total residential of $XXX growth and $XXX growth by million was increasing to million XX.X% driven of of $XXX
profile by CDs, past of high your year was this have proportion market the by we rate stability. this watermark to loans asset non-interest-bearing a under driven the expect Deposit Year-over-year, construction loan and to loan which our is in by XX% to deposits, savings enter period of year. take DDA. loans as as in credit $X.X tripled $X sensitivity lower billion. of residential billion be These risk growth category reducing loans we and of while money increases growth loans down We next the total led end for
while the the all types, DDA accounts a deposits quarters; billion $XXX growth loans last over deposit interest-bearing up similar of also money million and year, in grew were up deposits Average $XXX largest increases million. $XXX of two savings were million. of and and During average last market $X.X the across were
of $XX funded for declined points $X.X decreased $X.X losses net of at a balance toward loans assets increased $X.X million. basis graded From $XXX past loans adversely resulting -- from no of by assets non-acquired loans discount offset year, X credit-loss to a assets rose prior due during acquired in real and billion. increased were quarter XX basis The increase hence, million, of repossessed and The annualized. non-accrual $XX basis have billion Non-performing of special graded decreased year loan loan million million the the This quarter as compared losses principal classified the in of special $XXX $XX basis of to million, or at during For Total $X.XX as by total in decreased $X.X decreased are to the from assets prior partially real to $XX was acquisition. year, partially in deposit increased million, unpaid prior quarter, estate. year. from up an comprised quarter losses to net adversely loans to total million points residential XX the fully in mention, loan the growth the have mention million owned of March X.XX% $XX million Gross losses million growth was reserve credit booked in lease points total skewed by $X.XX reserve to offset and estate as on growth credits provision and recoveries at prior points the allowance ago. to and accruing. million of XX decrease credit XXst,
capital XX% and loan by loans, credit Finance acquired Bank $XX.X sheet strong Bridge which quarter-end Franchise growth million loan our of generally about slightly Hotel XX% in repurchases to basis from also as by comprehensive which primarily $XX.XX, rose past in the $X income down reflect deposits, quartile the in share repurchases, book the balance For losses unrealized the $X.XX the ticked from year, declined. took driven tangible prior billion Despite was to quarter. as capital during ratios back quarter. our were first peer point at reduction in discounts up book quarter in of totaled at recorded $X the $XX up rates from with transactions. purchased million Even these that fell increase XX.X% part the a are I'll tangible X.XX% portfolio, the on from is benefiting equity turn securities XX value share Tangible decline to Ratios the top Ken. by which during interest billion group. ratio value call part other common the available-for-sale of
