F. Gasior
growth. is It a we been good but commercial to the have lumpy, steady. with has broadly priority will start continue the let's -- we was finance. be utilization quarter. and and has -- the Well, stayed It little Sure. And allocation did priority the resource in balance had for
are overall What had we draws. volumes. We much lower as see didn't
look So the down. you at the when they were for quarter, originations
So, a we quarter. balances had activity but in as as fourth draw we of percentage didn't good commitments, total much just the have
we bit So, weeks or they'll that Sometimes little month quarter. cost of in a the focus a draw pay interest and finance, very what us so and activity call quarter. income, X bit we'll that in a commercial was a on fourth bit less saw for quite hence, off. And third then little in intra-quarter it right? the helpful, It
activity interest draw payoff the So, see quarter. We that during steady income were balances the quarter. just the generates and that during marginal didn't the
of We're Finance in to in space. health have care finance we We're going some adding And Equipment some the space. commercial lessors with into XXXX build. new finance the in reasonably lessor the starting good pipeline some Chicago pipelines
a that, estate, finance commercial into more opportunities. This is we're and said as spread to commercial we repositioning resources finance biggest the Probably 'XX into less resources putting the the resources personnel essentially focus be into from We're neutral. compared real and relative before, budget will perspective. given
to essentially commercial for than an through 'XX. in We've we we'll this finance extent, the of in triple school of 'XX beginning did that the to probably personnel. So, credit have devoted resources graduate training gone
training experience. us C&I them come of But and credit had some past everybody's experience in past. to -- customers with their most Some credit or their good recent different different
as to all put credit the style skills. everybody analysts, personnel, course as so the a graduate through the quarter, our up that far including fourth credit we in is So, of same credit speed
accounts we in the through Now, make go share a set an they're or understand product finance sure and standard a unique of platform training, the it take fully it. the works going credit That then to expense. bank to how need a product or market, is combination marketing offer and we sell factoring, loan, And our space commercial ABL is to customer they given out product the the within commercial where lion's going and of receivable products can some base thereof.
So, that is for be to focus 'XX. going our
utilization. The difficulty, of course, is
see has grow January you number back gives them seasonal on a it they coming was that But that we of an significant commitment. have sometimes they utilization $X Their is of the that because probably at to $XXX,XXX, with increase $XX that. activity can but much. volatile as them customers quarter, example, customer go recently how the activity to to just go down complete, any much seasonal a they up. to end commitment a week, third their be. commercial commitments, XX/XX We very the As million the nonuse by have some lines we aren't filed using fee. work million Once balance this we An sense line want into just of and can save
a can build You commitments. of lot
don't You suddenly the away, utilization and changes. see always right then something
larger growing to down that's the the banking, customers small checking the on side, lines all seasonal for have Health corporate nature want that. we pretty the and business. borrowers the In business base 'XX. very our and because way of the business commitment and borrowers. other exposures, core But $XXX,XXX, some are with to from it. cases, of it's can $XXX,XXX of we steady that growing care focus to just spotty, up like of their So kind the be It's base roll account,
you saw benefits As perspective. the management Equipment asset an is concerned, as perspective, Finance far liability from
Finance. rates. higher had funds scheduled You to payments that in saw reposition we million and the 'XX, were and benefits of at we into from Equipment approximately that We originations received $XXX able into liquid much
in fourth And the quarter. strongest us. to quarter, typically, benefit our is significant a was that that So, originations
that, third and way, it fourth course, third us. of that proportion get fourth originate that's in in historically payments, the greater which if to you a means, quarter, always quarter, and payments, of and what's happened you will Just it's been
For portfolio; 'XX, flows the the million $XXX smaller. see approximately to portfolio is of cash we're coming going off
our side, is and rated yields from to And ticket. the at XXX point, investment grade reposition into the increase as that cash alone. a flows those goal point produce So, small market $XXX and corporate in bit just and million middle primarily as then corporate, much XXX to a little of then, we'll
a strong, of profile had couple But building. that is the with here the value-add higher-yielding us of down some the is to of activity to Their them. us a curve out. and, bit opportunities we're We've come original a new exposure. seen weeks, assets has last real does then work because of do in estate the in want equity higher-yielding exposure, course, a give customers And buy the that quiet on with see refinance percent real And time. credit number note because for able few levels. to cash-outs want so a on they what Rates the we're just starting X's to a obviously We dampened come on were estate, spiked. some, year. treasury That
starting because quarter originations So, in we just originations has even I the third to be the better estate did, is and because still say, market smallest think than fourth real in right shifted. where see of the of second we in yield 'XX will now. interest the curve and are But early
