the July, at spike seen spoke New doing York we worst spike behind to the Thank we're we have was and environment. sharply to There Melville on be to Welcome virus back us. pretty beginning ago the the happy to Tom were talked everyone Miami that of a least I we we It was everyone to nice remind well. where in just Last and you, was and I'm Zoom basis. Susan. last format. call. from days at it's get in to still Lakes, It our part-time you a are XX earnings time. were. want cases we was was away quite calls in the when nervous recovery in same in Leslie And Florida
the So see good not the an did impact was is and down well. controlled in we economy the and numbers that came news Florida, on activity spike economic continued
so so not kind is XX feel not seeing déjà much are Florida, in overall generally much vu. but this like country. different later, time of spike. in I the New York, in This we Here We're days a
again. this impact follows nonevent a three vu. XX not on Day not this déjà I'm hoping and front the happened like much we And also hoping not déjà what this Groundhog is is and the just this be will speaking. see about economic will an vu are and road I'm So also then we But of becomes ago talking months economically days that down it
that, like fans to optimism. over There's the is just in that the compare generally happens a if cautious would number right in economy you what last So that I have quarter, XQ. our XQ say direction gone to the with of things
optimistically we're as So taking exists the same at looking those political big uncertainty are very the of that numbers. virus as happy given a and all the we time, the At dollop caution realities. with and still well
have election an week. less than a in We
look to similar that done a everyone anytime get forever. soon. like about still doesn't been going have has We talking It it's
So over how to which the months. quickly earnings $XX.X million jump of there's $X.XX did with earnings to third we share. The will you With of a the I out three uncertainty there, amount over -- quarter came that, through we a walk fair our into adds our last cautiousness. with
If $X.XX. year at were you quarter. we were $X.XX this share to compare at last to a last compared just And quarter, we it
Street I the expectations. think low mid-XXs, expectations so the than were or slightly better in
is this in the from biggest economy six shock history. about our to Now living given fact months that the
numbers the I think XXXX. that's based decent what has happened actually on in pretty
to PPNR isn't Our and thing to from though one did Leslie compared continues time any quarter quarter. PPNR little longer decline last to or bit the a there, year adds big $X will points to a term here that year-over-year, $X this compared which compared million. But grow slight up It's to $XXX to million a -- talk our it just last was it. last nicely million to year, you decline over
quarter-to-quarter at any be third bad shouldn't direction; million. last And really was year there I've for you one look for was I months X.XX% PPNR $XXX in compared to months, nine can and said year. volatility direction X.XX%, annualized. quarter on of our last nine good think quarter always from
in deposits of that before about deposits quarter, is growth had total The credit out very at but really a a of again in. is the what's deposit what view just sheet is that than on I kind and balance hock important deposits. evens the strong here XX-month more We came about time-to-time. least growth have should and kind talk You from things big story seasonality ad happen
at -- So, million, we deposits a by our DDA growth DDA had deposits XX% now deposits. last grew that's stand XX% quarter. the of over total our $XXX And
remember just half in started you two mid-teens. were the ago If a years pushing when we DDA, we and
So, the better and big last two, our change a the it's for half over two portfolio in years. a deposit
book which to cost points. running money Our took to they're of cost reduce points, XX drop. that's a also funds down of came down change of point the of also a the our but basis XX basis lot we mix XX helped market rates savings by we course, helps, basis -- funds And and CD of and off in
basis basis We point points. ended average if number actually even in think quarter quarter. I'm lower for basis points. I because that's Wave that's points XX Leslie; the the was the the time, XX think Now, at wrong, you a XX
So, last we the two did day hit a of or handle the quarter. full in the days literally last
quarter starting points three, we're you're of and half trends already the can quarter, we far I weeks quarter on the the what third XX -- and the are first at continue. fourth based So, three a basis see seeing in so that
it drop Maybe DDA should not growth, should XX points, will a So, but growth, still continued number. expect you you should solid cost comps. be pretty in and expect of you basis expect
loans had deferral. of the the loan XX% The month bit reported of talk billion the been sheet. a initial balance have or side portfolio, quarter little $X.X -- three that Let's granted, about we the last
a older, So, day is commercial we updated could million or that's went Residential we little for through portfolio that pick or been pencils $XXX at deferral a for or XXth, September and in of of have being October data loan the XXth modified some modified. was last process bit XX-day down, our on X% before either loans. loans was residential
add up million. three those $XXX So, buckets to
all residential though portfolio a have technically deferral usual. our of significant Now, as portion even actually they they know as are show pain a you
$XXX out, if million back these or fall of that then that of So, loans to into those I one buckets. X.X% million three $XXX loans drops
quarter compares loan $XX.X and points residential. and deployed NIM There to like from with demand that and will loans weak grew to declined portfolio Loan rather to P&L, initial we fairly portfolio. investment the to the who Investment said, and to course this. $XX.X that portfolio million $XXX the the liquidity anything was quarter. deeper Provision by is down all million, $XX our the million growth million. as portfolio do by million warehouse granted of once I deferral. of largely into So business because came in compares declined in both business $XXX again with going this the by excess again $XXX last dig XX% than million well. saw was the exception in the Leslie residential seven basis investment Quickly XX-day were
basis XXX So, They now at basically in points quarter. X.XX%. at were X.XX were last -- Reserves line.
to again, basically where to pretty $XX.XX value -- steady. Book which close we at increased were COVID. before is So, has very
So, December XXst, $XX.XX. we were at
to of Part back what close obviously here OCI. pretty it. we're help in saw improvement we continued the So, was
If portfolio pretty investment negative last negative million. had just $XX million $XXX round up on have were we March. improved you the mark had $X.X big numbers a in a quarter to positive mark remember -- we're we We million and that now
helps value. book tangible and value that book picking a So, all of
bank. capital segment $X.XX XX.X% Our to at was We, pay XX.X% course, of in the dividend. capital Holdco, certainly our
we yet share on the before If dividend And question a to turn you increased are in still option. repurchases we an think and we have buying recall, out need stability as more stock. more optimism there not February. We even back get we we repurchase, share before
let's the last discussion was quickly probably lot compared this what will to there's that that think before February, meeting XXX at moving seeing from just point NPA ratio next November given a on down in in basis I parts be little to at a again first will some be points of we would move the least XX into over weeks bit Board economy. but still I think few this probably get until XX and we're credit ratio. -- quarter quarter. NPAs a
If NPLs, they basis you again, guaranteed we're were portion at you to carve the out of again points. at XX portion basis basis the quarter. compared loans last SBA SBA was XX But exclude if it XX points. loans of XX points guaranteed
some quarter. year-to-date time. of We time this about talking had last $XX into in charge-offs million one for are -- that at been at we points. running net gone that you charge-offs So year. $XX around to work XX out credit $XX This took this million basis credit have was million
and, were this COVID balance fraud have more credit month. loss. stopped loss collecting beginning look started what hit, payment as a is down. started to been a every But We like bringing as nicely to -- be honest, We more and look
the litigation. guarantors Risk for to reserve we pursuing fully basically don't and see we're in that risk pride we're and take We rating charge-off it call migration taken But the when this we continue road. category. accruing out. this we big we're in migration, kick fairly fact try We we've So the loan. substandard the the into and a particularly, rating quarter, risk, see down can
we’ve that's given So our risk direction people. the
If you you way leverage see signs stress, think there it's call you or are cash in revenue the flow or or anything, liquidity it or it. whether of
-- that's numbers. So just the operational see of you matters. that terms in Quickly, will in
We Island It There's a sure make And, to selectively Long anything want we Miami large in are is be we're back. Chester. back. be do testing of it a or two -- opening come to is taking before start to still we of and allow all else. that offices did terms month course, who up precautions very a employees everyone part anything bringing haven't and did couple can than come people But done of pretty no and base in is as in remote. at waters our to probably XX% return. will kinds We least much Lakes and safe. of reason We Lakes. employee More in people back West heroic Miami about voluntary of of the our everyone
The already we'll So on stand of on low-hanging after to and expense my go side, has been continue can. as on where update know, that's front. we Not expense fruit an much harvested that you X.X. more the
time It suite weeks. launched August. did also the we're we It products. line. increasing commercial that's side, treasury we And few revenue payment a the to able was was card were happening, delayed on On surprised given by program. of that just launch management side, hold everything that I'm and in
credit. the is this, well X.X. have on. in priorities the on focus all is So, I asked to obviously, like that the team environment And One,
talk this we a We want level have people to manage our two to term, credit DDA in is, not just when book. where that have And keep coming in. is growth accidental seeing to you're long an book. operating building that money. And our is not place be bank, of We the just
-- did hiding off with off there that's but it future. and to under that that running off. growth. and number. is is going of where have run course, in DDA of environment over really environment PPA put of the run Of that and last the some in was impressive despite DDA will not And of PPP paying instead beds and in billion effort we money of $X our is growth or that all made quarter we're $XXX of some socializing nearly of two, clients, But see a you it and the the lot supposed an out year pretty lot light investments was a This we're a because in money growth, is -- off million that which helping,
to that, balance then, with sheet. a over more about to talk who take you me Tom over Leslie So And from will it the turn little there. will let
