Thanks, good morning, Jay, everyone. and
more provide for presentation, end year key in we want XXXX focus but flag will of areas did of detailed at my our initial the We in to the guidance the comments.
quarters Number positively we're and teams. one, continuing just we to supported in remains looking pipeline, just focus, that, in deposits the made to gains priority, which key a with deposit transaction management last We've and talent have we're Having banking build-outs. a our which XX% will strong our alone. deposit three continue through strides started of transformation and share XXXX, remixing said significant market by achieve getting bolster treasury
We'll XXXX. to as in sustain continued remixing we into two, Jay momentum improvement by also our deposit of that mentioned, Number 'XX higher-yielding the expanding margin industry with trend by franchise loans. bucked look in and
our human we're profitability 'XX our through expect commitment excellence, expanding three, infrastructure, capital driving will focused operational on 'XX Number and to pay opportunities. technology work income improve steadfast beyond. and fee huge to in we and hard in The dividends
a will growing Number and four, continue -- loan liquidity our strong to base capital will portfolio. we while maintain maintain we
will from we credit five, principles. never first deviate Number our
client right the relationship. ensuring selection two-way where a through this achieve will we fulsome have We
created engagement wow, is disruption. value, clients by Number recent franchise six, builds market customer what the our the especially increases making say void and given
X. to Moving Slide
highlights full financial 'XX. and GAAP our see for year the can fourth the quarter You
EPS to results earning 'XX, In comment quarter net Turning the profitability the in results I'll for and income fourth on on $X.XX of Slide extremely produced $XX.X X. metrics, our strong core core quarter million. of year. all we across
dollars on income income. the For a record the impressive year XXXX 'XX, of of core prior all was of we our from in millions benefited more net given interest EPS in net that $XXX $XXX record in is which million. $X.XX year hundreds of This years the significantly full tune efforts we to an of million PPP. exceptional produced delivered of
core ROA for ROE fourth Our core our quarter was was X.XX% and the XX.X%.
and year the was our X.XX%, was ROA core XX.X%. For ROE 'XX, our full also core
of margin for outsized FDIC. to from of margin the points The accretion and increase to we continued in basis expansion the after from the adjusting interest-earning momentum last XX yield acquired led fourth the quarter. portfolio strong up was deposit This We our quarter asset growth X.XX%. from the combination X.X% quarter our in
We remained rate high of quality NPA CDs. a and evidenced deposit reserve strong us as to I'll just to XXX% our of quarter which in deposits the in wholesale driven provide very robust strong $XXX 'XX. decline transform repayment modest we Credit almost NPLs. over The off the of well base planned that balances, ratio of points by of our quality the levels service in as by is of grow at This disclosed shortly. basis remained XX deposits more continue by the as of detail was on outflows previously million for
remain portfolio, portfolio any While not do we we highly the signs focused weakness see on management. of in
X. to promises want Turning impact color delivery some discussed Slide to additional of on Jay provide the the of I earlier.
this sheet our last We we've raising also compounded the annual same importantly, without single Over a have balance But equity accomplished years a at grown our doubled rate. period. capital. we of more growth than X XX% growth the time alone, deposits more dollar common over
liquidity portfolio cash to at liquidity available-for-sale XXXX. ratio as and increased available about XXX% 'XX. position is our XX% of now has loan-to-deposit reinvest into end provide duration our loan us in And with to to Our securities ample compared the XXx growth short
Now core discuss let's XX has this turn improved transformation profitability. our to to how Slide
increased a XX XXX up has and return X-year points. than net than period, Xx, Over our equity time the and more same on we our by points. by Diluted than improved income XX% more increased by interest EPS CAGR, interest is more basis margin by basis net have
we of of proud the talent best reflected in performance for 'XX. and accomplished, The While are the are Customers in several are us. our believe we the over days technology Bank metrics made ahead we transformation that years best-in-class have investments last very we in
are still there near many term. ahead, over opportunities the for Looking strategic us
on existing have terms will point franchise expertise. in will opportunity We we of anything motion, a teams dislocation the importantly, continue in the capitalize capture in verticals generation deep especially market percentage banking where clients large If in in be share, once material industry transformational. it points and commercial most a to basis we see and deposit a truly to on impact putting mere our have
by the and leverage. driving We excellence down operating our evidenced period. over have time balance on by technology This by is operational pay but will been expect focused improving since employee similar processes is operational efforts a XXXX, our of these count excellence XX% people, our continued almost doubling extremely positive dividends, and sheet
fund later, nonstrategic undertook efforts our provide materially we to clients early We 'XX liquidity franchise-enhancing in and levels. will capital risk-weighted Carla These delivering to efforts exit late more loan are forward starting ample have for increase growth. on to in to again As strategic and our detail accelerated beyond. and we in as fruit shareholders XXXX bearing relationship now look capital and 'XX
over the to growth $X.X highlight high-cost quarters growth our in billion-plus Turning and represents our the noting core $X a time XXXX. over of of repay the of wholesale quarter a third XX, period of billion course quarter. deposit huge the testament worth This in billion just enabled to franchise. over again remix franchise. of action. $X Slide billion The quarter. in $XXX three $X.X the is and the in growth noninterest-bearing It us the deposits $X.X million XX% billion generated in our We increased that past deposit consecutive represents our deposit power the by team to CDs strong This is positive about of same
growth just Similar granularity franchise. deposit not in highlight quarter in or of more these than and deposit channels again, I our to opened quantity growth the again broad-based of million $XX XXX. our achieved demonstrating Total last impressive growth. excess quarter, in team and the new deposit the transformation. quarter. also More of to XX than quality channels was across experienced was deposit saw the the XX% but a quality more, The of of nature and of accounts the commercial growth this effort we Once want
deposit outflows. deposits trend our XX -- by deposit of expense our service As cost either notice billion insured a continued position quarter, two million at expected, to that the is quarter, driven to this previous quarter, of I'd declining our the gathering This income. of planned Even in very due to in industry the positively our the our in the approximately interest in deeply bank increased to large continue note direction, $X deposits pipeline peers. our on three net success end We regional basis the This points all impacting We the robust in slightly the collateralized. remain in quality interest deposits. I'd keeps or quarters. in and focused of And as stability part to growth. the and us pipeline quarter, contrast the by noninterest-bearing deposit at successes. by over remains our relative to onboarding $X.X of the strong were we XX% core backfill our anticipate after next right metric
Turning to Slide XX.
which both $X.X the of in XXXX, more highlight remains in wholesale deposits provides we the as quarters. The of the of been look deposit but we quarters significant FHLB in coming well CDs inflows will of advances, than Here, we've down impactful to value $X pay next couple as down $X due wholesale gathering last opportunity pipeline as convert over used success and million creation paying there a has had come core wholesale to billion funding. billion ahead. a opportunity in and CDs billion significant $XXX our Approximately of
opportunity balance like there some this wholesale most our level in meaningful, banks, important sheet. place to that everyone always a of it will be for While remind is funding is
XX. Slide to Moving
interest continue in expansion of X.XX%, We $X.XX% in accretion. this outsized target adjusting XX assets, Our quarter. quarter of the quarter, million income the guide funding to the cost to reduction apples-to-apples fourth basis on trend represents interest-earning was with net was the modest points in previous is an mix $XXX basis. our number in the interest quarter which net This exceeded X.XX% hope our in margin for Despite improvement and our margin for 'XX. and line
provide call over With the that, Carla additional to turn to I'd like to detail.
