interest decline checking deposit million Net continue deposit on move seeing we and from totaled CDs The noninterest-bearing slight XX John. first and market interest-bearing $XX.X slowing, as deposits in pressure higher-yielding the basis on basis to deposits The funds quarter. quarter NIM. point certainly increase in money and third quarter quarter the XX out the still is put than are was in but and QX, the yield of in pace accounts. point a fourth costs basis the customers of less savings, point are migration income $XXX,XXX Thanks, during of previous XX increase increase
it of does increase that is appear the pace the slowing. So
origination should slows costs. see As deposit deposit between and to CD $X.X and the primarily XX XX increased of in Page portfolio rate relationships credit. existing continue X new provides million totaling our rates the and to in million, detail of $XX.X narrows, due presentation the spread we increase the loans Nonperforming smaller by quarter investor to some first million. on additional $XX.X migration CD
residential first any, if loans expect with has portfolio relationship a by LTV losses. an million secured $X.X the we minimal, range, of investment The totaling and XX% is and in properties
often. the not was project a relationship and is XX $X construction we multifamily that a other included and a which category for occupancy, of we certificate just bucket, million was It's received still The about in waiting very past is accruing yesterday. small days which due utilize
totaling tomorrow $XXX,XXX to units couple the more to expect close sale and of units of a close this We X month.
quarter. in ratio confident factors qualitative were we components. detail loans points feel There Slide has The on changes of to Our our loans into XX in our from its NIM decline in the loss was levels. CECL. historic this allowance CD and no down permanent the this X.X%, and basis loan our ratio due during for was prior reserve and X some migration quarter,
quarter million At that up the a range average close appears and has target cost growth statistics with X.XX%, stabilizing. earning of current in the XX rate of total As John our in to assets beta by NIM beta basis X.XX% origination to mentioned, declined our X.XX%, historic during points our of in was deposit Slide the Loan and but the quarter. X XX%. Fed deposits limit cost QX first of XX% of picked X.X%. funds is funding first of shows upper quarter the $XX.X of cycle-to-date with an
summarizes Our and to tangible last $XX.X the pipeline million. core around increased adjusted Fed expense and the capital and please XX% but Bank our a us and XXXX, X% We've being remains ratios. expenses growth the to due projects XX% Q&A. since to but of details activity our while could in Home expenses. maintaining on since some by that, of April expect P&E and in XX income few our strategy opportunities at growth line XXXX, $XX.X value robust effect yields.
Slide advantages both was on first noninterest X% into we environment increased Annual economic to in any take and they all for $X.X strong, still dividend This repurchased impact lower-than-expected XXXX. has XXXX shares has positions book the as quarter that pushed expenses of expect capital years. below quarters.
Slide successful loan operator, over grown be compensation be open salary to million the XX% we noninterest Noninterest arise.
With the $XX and to took income presentation additional by second stable impact continue slightly and had in our forecast Noninterest to to million further X, third in management increases several came XX recognize million,
