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for Northwest services based management capacity for Georgia focus Atlanta the commercial growth two, four, and businesses; XXXX building national complete and to Our investing one, our three, asset Tennessee best-in-class treasury business; priorities by and relationships; our divestiture of on growth maintain are deposit quality.
customers gain Georgia Financial a in the employees. management our two the and transition closing is Tennessee Reported one-time teams. good of I We second statements business, many the Georgia on and between from including and and also our share expenses in First on expect and of remaining should clearer for results to continue XXXX Bank third smooth include Northwest Tennessee quarters first There our initiatives various business repurchases. company expect pre-divestiture of schedule. for sale to And efficiently our quarters respective is a and businesses. the operating capital provide Northwest and performance for our fourth expenses. view collaboration Playing conversion a and transaction proceeding will of the cooperation quarter financial
and to hire and XXXX. Northwest We’re on expense we our capital, national in management plan selling business new and energy to up XX Tennessee businesses. our Atlanta dollars focus commercial Georgia Accordingly, bankers to
and Atlanta, Athens our in mentioned November a LPO open our plan you a service to branch County private to office office open production a call, loan Cobb this banking at limited As we to in new Buckhead convert year.
risk Depository for mission clients, franchise with interest on Capital and on depository of rate treasury focus credit, services. matter management bankers include private teams where hire and deposits of and management where XX year we and adding banking management build treasury management our to Atlanta Our XX treasury foreign clients. services at and exchange banking are or is this and commercial builders will relationships to hope is multi-dimensional needed focus services, a the be bankers. priority the in banking our
core sustain be help to revenue sheet inception. posted strong quality excellent and as liquidity Atlanta balance quality Best-in-class asset to maintain and has growth deposits. been asset we us earlier, an balance grow expect loan appropriate Capital again growth, mentioned We and metrics. them fruitful And since client hallmark deposit
real Our loans and loans basis well. is type. are at loan And of XX/XX/XX, operations were approximately estate of Industrial and On for property capital. continuing of regulatory construction portfolio by held loans XX% were for investment loans our sector borrowers loans by a regulatory XX% performing XX% of commercial XXX% industry of XX% capital. diversified leverage investment regulatory well held were indicated our And results, as and of capital. loans and X%
to continue likely economic slower We through at a the expect XXXX. expansion pace
continued their and about and strong clients performance. are prospects for about future the Our optimistic confident prospects
cycle markets late expect make behavior, We which more somewhat tempered in will selective. competitive solid loan likely by demand our us
over portfolio percentages TriNet from mid-teens commercial and and likely before pattern in last business, including the to to the late clients have real loans during over grown strongly year According quarter given selectivity greater the the cycle XXXX. we second to mid-teens Our modestly year our banking commercial of those and low in amortizing the half. balances contract the growth usual strong expect balances expect first three deposit business our the repayment to decline clients years will in in headwinds. estate we Loan building
growth balances saw you first could loan this XXXX heavy estate quarter business and commercial may vary with As our in flat. considerably so repayment quarter-to-quarter far real volume be in quarter,
year, we for loan in single-digit deposit together and balanced full percentages. growth the all high the Taken expect
points average in lower November X.XX% without assets net in the call, a indicated solidly on and better, this return margin in and quarter. a fourth mid-XXs or we increases efficiency percentages the range rate our As basis or we conference of ratio interest year's to XXX expect in X.X% sustainable
your pleased be answer to Now, we'd questions.
