you for Thank call. you, for joining our Thank Susan. Welcome, earnings everyone. us
see in, with things don't Then by then impact about and economy, how generally some we outlook more will Lester, me numbers, and we detail. follow Let me comments the that the for our get into are our start markets and we we'll business. our that Tom, but control
clients out, talking our the So, get the view day which view, is Street Main from healthy. that very in to and actually day we is
We last been improved time, quite some quarters. and are even of the economy over couple has robust seeing a York a for bit in quite Florida, New have
on have is and balance strong economic business are Growth we to healthy. Personal strong. really sheets complain and nothing So, the front.
constraints Residential labor nothing overall, are new, robust. prices home with markets and issues usual inflation, up. the course, Of that's are but
day the at So, our strong. we volatile was is, quarter the and other screens this Then healthy long quarter, there's in a time. will bring that at which days, this the which is volatile view, some by looking time to very get these mainstream view quite probably you I is the markets and very Bloomberg most capital all view,
board assets. yield up saw obviously we widening income, income in much to pretty is, fixed spread where the in especially curve also we it the but So, go saw across fixed
taking - may of bit that be as can year the think in Again, and maybe sort to long-term medium strategy. gives at into a came when there those how share. sort next keep NIM it's account we are expanded. inputs million monitoring or about us the thinking execute it, to quarter. we but little change about as getting $XXX.X per about that Earnings we're the that Quickly So, pause in a we'll of slowdown. into financial $X.XX are of the the results for
I X.XX. quarter were we think last
of the down at This last for go the noise to was if for quarter. quarter, one XX again of lot to X.XX. basis X.XX. I we a came you year, comparison, were in last at of back quarter just know quarter there deposits but Cost came points in we numbers,
I think around we balances, XX the ended quarter basis was for the points. pricing deposit spot
to bottom the deposit like is raise to between points from and looks talking pricing, It aggressively this quarter, a about. fairly June obvious. meeting. terms Fed probably will of this is the basis what XXX increase think I state be there in the May the rates is going everyone
XX, from think rise on, we it to to I So, pricing start deposit XX were points. nice work basis here will down but able to it's that
XX, rates Fed point remember, reduced basis the last bottomed rates of our - the the If in you started time range. somewhere - last the XX in cycle, raising funds cost in out
we're very quarter. we've had - deposit million growth DDA we do where our way, what franchise. of By happy able So, $XXX to with this also to we've been the been able
- quarter. started growth and from the was our continues. We actually So, into the this widespread. million, That Total shrink rates all do pretty but deposits, of business deposits mostly that momentum came done DDA in. DDA parts $XXX geographies that quarter, in came deliberate effort, was last that It It - got, interest deposits we did and quarter, company. did fourth all we the and shrink.
question in one of couple how I majority a just probably into money category was around or about area. quarter. of wasn't of core. this at was the core vast end which of of the moving would the it wasn't, There's I'd million even And say get any much it fall hundred before the So, a concentrated
because loans biggest in million. decline the that trend. Average dipped what deposit increased warehouse last was mortgage March. came Utilization $XXX million, in growth. is core which roughly returning couple happens been they've terms the to its business returning years, again. generally down $XXX seasonal cadence, into its but business, starting it's loans $XXX is before period utilization. pandemic, into normal The And So, of outside is fourth million, to driver now that of The which which end sort XXs, it slow that, of slowest declined third years everything to see to June the outlier March of normal of the in in into which quarter, but down quarter we starts here of the time and then build from being
are our And also seasonal. businesses return. that seeing we're So, other
even always quarter, mortgage warehouse our business. is outside of slowest the quarter First
CRE. And seeing terms about seeing of But excited so, both that. what we're pipeline, we're in pretty pipelines, our C&I in and we’re
be optimistically. year We've for shrinking this many the been think look CRE CRE forward years, but we and to I grow. that will see that in will momentum
say, a I often should at a taking which XX-month look view, any Just on one basis looking rolling quarter. you XX-month always of at instead
these pulled call. before had this just I quickly just So, numbers
the NIDDA, non-interest grew $X.X last XX Over DDA, billion. months,
$XXX $XXX excluding total excluding million, PPP, Our grew This deposits loans, grew about $XXX all and is - million. million.
stood trend annualized the million, loans, classifieds, good basis And of out see have good And points. big steadily the you line, that by way, were every growth news basis deposit really points. and the guaranteed nothing nevertheless, to XX SBA came points. numbers. basis was portion Credit but by basis about. XX if $XXX loan the then declined expected, in but roughly the at net story. NPLs came we So, It NPL carve happy been here. the really to which growth, Again, XX which down from as quick, Criticized declining at quarter, continued. is DDA rate in charge-off another XX points
full we points. last were at it year for Just in about basis year, to the put context, XX
program, bought back buyback quarter. Our of the $XX million stock we in first
share. be You to dividend already buyback will in back which after will I board when burn that increased $X.XX we talk shortly the will quarter. entire that we and there authorization, go a be through and our another we to expect by will this coming sometime expect And And our authorization know that. do, I we second $X.XX
and we all terms we you - loans and We guidance In and stand of guidance expenses margins deposits you. and on. by the gave gave on so
we reaffirming to about good come the shaping of to the back a So, in just be. week couple March. numbers, everything, are feeling out Putting of what office We first did ‘XX is the aside and we're updates. other
So, we are now. in the normal new
starts many So, normal. are virus false with we after back you, what the have to eventually the new and
healthy. fact as after has that, well, as we're office. fine. long the all gone exclude I, Tom, to you very So, quickly got Leslie, everything has And than We're Other COVID the and that and fine. returning just gone it
bank. we're trust. what that - our in sort us. heard talk the customers our in middle about lot A everyone You've us our relationship-based long-term, and regulators the small important and and market, Trust to most a which our relationship-based of of even is that puts put currency employees me and vision business bank, company build a companies is trying
makes something me proud. really that this is So,
of country on that we've they very trusted the ranked country, it a we announced expansion. the and banks and bank Newsweek trust company. and ranked the at proud all on this Quickly and were the number been in in most celebrating Texas we're Atlanta achievement, factor, fourth
business, hired is healthcare head a already the of of CRE the in our Atlanta. the vertical which of business, have is the C&I We head practice, head
ago. getting is offices, place, and received go. team next in week a are in doors, strength to Same our We our I branch I ready Atlanta. and bench we of just think, days thing or into within open that hired, think for so. So, next the week. the moving is The couple trained, we And approval
and So, there. progress over news all good
pretty Atlanta, that marquee already of In our weeks just We did think a loan first couple piece we've the booked on fact, of business, in I name back. C&I front. a
a So, turn dive the for deep with little numbers. to Tom that, more it let me into over
