to BJ. X wrap Thanks, I'm by up focusing going today on questions.
how is doing small first are The our overall. businesses
survey third, then from us at a sense the The them. at that opportunities small a as bit are most address their recent it what it that? say case, to lot serve so second we small of survey And have It's started where People given research but the of small businesses, preeminent feeling, to firms businesses about get how that of And are battle. business impressive of give wanted a opportunity businesses them. to we're tip X overall of pretty in small Live if questions health the we we share years of of spear serve are ago, the relates America. the we information of for a serving business you waging is to far, some Oak Associates. the to We we indicates quarterly small that's sit. what's And the to doing along a And one Barlow with small businesses. also
you the certainly Page overall sentiment come can deteriorated, as on surprise. has XX, see any shouldn't So which
it out on views the of of financial expect slowdown outstanding. views referenced, economy still businesses themselves a credit performance, bottomed Chip overall they positive decidedly remain small still more of in the of deteriorated clear contrast, recently, economy. for And have negative. performance the that's the have looks than remains as interestingly, also which but Expectations as positioning weakening that are although B.J. current remain may if Although a economy. It's and our with companies majority and
down in working layer side right-hand deeper of of the that those past if the small And that that a page, capital the majority businesses for only applied you provide. at year. for drill not data, that see this credit Looking into we you'll surveyed XX% see typically we apply applied the of growth the capital, that
small for capital us our serve with products the businesses addressable deposits working expand So opportunity market. can and to dramatically
shift owners You've 'silver reference generational in the the the tsunami' occurring likely small term business to heard U.S. among
cautiously, right, change while And of across next we of inflation, owners their supply believe put of consistent lending, both our trend company top the these hold, primary will to labor we see see banking witness transactions that macro continue we These you bottom the while as small they provide for business the in hear expect resiliency a overall list. opportunities. owners almost of are portfolio, at we of wheelhouse, can volatility our sentiment but market the of and to acquisitions set the small being the day transactions also significant On in the in business opportunity concerns, X/X markets, economy right has in cycle. years. this us change control of Anecdotally, some on transition more ownership the entrepreneurial every And overall and to an also spirit the of uncertainty business our relationships. navigate small chain X
We solopreneur generate, U.S. at there's look opportunity lending, very the XX. these and But the that small revenue the across the XXX each. Page average, employees, for SBA XX data Turning and we have what's market XX,XXX small small businesses. customers. as are X our the businesses So businesses, Currently, savings about roughly million which small in we of businesses primary $XX XXX majority $XXX,XXX us? to our to business serve says of The know on million between in our new small our million business checking U.S.
small who And tiny. relationships. good if do, you of repeat have deepen share and runway products that, see can to our a despite serve these pretty what we you actually very you are pretty at is still businesses multiple market better customers. So with, that being we can we And see to few of our customers, have add lot
this? address lending in continue improve XX, invest day. So what great we and our we we Over a Slide On foremost, great to and first effectively we've to built technology, that work to to marries years, continue platform franchise. that XX and small are lending people doing business every
overall. you new hiring, be a to while only folks production we lenders still the opportunistic seen hires, not And You've related our to growth the last good that. process. pipelines can over reflect in year, in numbers also place in new on And but expense and really support see we're the will needed
going count that also next into as down You'll slow expense are year. growth, to see head and BJ mentioned,
We're pretty origination efficiency customers already new excited to Salesforce the migration We're it the to some is to also best-in-class potential still further changes finalizing we've in our be improve we but high-powered better to and enhancements designed as this couldn't portal to programs a allows the partners. and a enhancements and are accomplish in-house. loan can in deliver time, built on modern contemplated. areas, leveraging timing funding observing of process with about platform, that cycle for better react nCino, application that platform new The in The some and architecture. of being what SBA us reduce key we're
deposit side. We're funding a it's savings With but component increasingly customers our XX,XXX our an CDs. deposits, we've critical success in important $X.X now also deposits, the over at had Turning becoming part strategy. to of and billion the generating particularly over our in XX% of acquisition about business customer excited total almost of
customers we growing and As better more products serve. introduce a we base services, of have to
accounts balances. marketing efforts a have other currently We over. at protection, balance X,XXX finally next-gen and bill market. is improved XX accounts product account officially QuickBooks $XX in about wait the This the just funding, to account we XX new seeing, started, average, sit features.
And but a and pay offers our day, and in million integration we're really have on among checking So over
to off So good we're a start.
start well. QX, management treasury of product, as smaller upper XXXX ended is serves business us specialty million the end move to serving which deliver small also vertical, our we market, and our of this balances, allow about $XX will with $XXX product While the of about end we're deposit customer in in and exchanges, the We're our fourth into the expect the close first a as that already serve to a million milestone we actually base next to excited quarter we checking quarter.
and front, our So capabilities, core up treasury incredible insights areas the technology We In payments. us term, to embedded a anchored for we're banking, modern capital priority. working initial in couple platform solutions big bringing open on not on and by customer down, architecture believe banking continue together but wins partnerships. management that remains of opportunities like entire the Finxact our modern certainly short will we'll our embedded deliver top slowing our
does XX, page us. where well. So up that On leave this think I summed BJ
lending Our certainly quality Credit solid. declaring is platform is remain are although not excellent, vigilant we victory. and
to financial the our Secondary as small the enough businesses tangible our results, the the bank technology. and yield work starting in a confident both strategy, investing sheet. future. on are support markets remain software build both we remain banking development to business We strong balance and to and destination to are premier in technology we continue Deposit in in front
So with to questions. that, let's move
