Rajinder P. Singh
everyone. an joining Thank Welcome Thank been you you, today. It's us quarter. for Susan. eventful
a you, may of have longer be lot We to this share than so usual. a call information little with
Let me that making growing, that and our -- the is that's position if robust. of and is our our liquidity will is thing statement, by the business stable saying, capital remarks sort strong, call simple away our take all in make. all a just is base start most important These from we you
which We last million about deposits, a quarter, you March In little cost in in each the a us. two usually the of basically the Let weeks XXth, XXth late bit quarter, see we the week returned that build me of in flows March the very actually certainly to elaborate normal. for on in of disruptive. was one the deposit XXX build certainly always balances. The late normal quarter. a X.X know three after month, a It but deposit billion of in things. those saw the is week about late in us deposits
we -- our XXX% collateral And the uninsured of billion of FDIC deposits. ratio equates availability, deposits XX% are position, to insured, or and are to collateralized. and liquidity which have Our currently either -- deposits insured day uncollateralized uncollateralized same in XX.X uninsured
strong. Our already is know capital as position you
is XX.X%, bank level at CETX Our the XX.X%. it's
markets. the all volatility given in we're buyback our suspended the that seeing have We
the CETX of were the AOCI XX.X%, now accrete put And to later if revisit X.X%. to every year, of will suspension it a CETX ratio it, quarter. solve through to we buyback our month, year. course start every the the in We decision ratio it in the actually the just again mark also And would later with will of still
stable and is just on know again, those I'll growing. you based So things business reiterate
Our strong robust. capital and is liquidity is position base
Let's our my and remarks last of first year, loan about you some will really about talk perspective negative see quarter loans most deposits and be can quarter bit quarter I little then make this a about of imagine. was the go From comments me let as and a think growth you back years, slow is many last it as years quarter. was -- a couple can
it flat. quarter basically This was
slowest There's in as but exciting. that nothing some It there really was we reduction C&I, in basically it in predictable. just pretty had So of numbers. the was expected interesting quarter came some and growth is and year with resi, all much our flat
could it would that quarter say halves. two On the split the I into side, you deposit
of about the way then in three all talk January XXth, weeks March XXth, can You the the that Xst that. what after happened events from March and to the weekend
quarter these build. intra month, intra quarter end so a down and end see down usually March So were by deposits events and then just said usually earlier XXth, before million happened, in I and $XXX a about month we little we like are bit we
most on negative XXth standing looking am XXX at I at and the when million will a up. least March we means likely generally flat that So quarter and end
what So -- to non-interest shift see bearing. bearing expecting. did we interest interest were We from that's a of course
both side So quarter fairly side. that it the into January, was and that well. the trend looking But, on before normal deposit happened, of February a was lending all happening this on as March in chaos like
XXth, first weekend Monday. on $X.X XXth, about saw we most XXth it happened, days of March few then was outflows the And in of billion that very
week and it gone that to basically by Wednesday, but of of on actually was end normal. Some the back things have Tuesday
start one and as unusual up end week, except of grow were back the the did for And not then by XXth. towards I deposit we there flows, alert, like Our for nervousness went on Monday. from while what really we we that in high, any see was did. but And in we heightened ended quarter activity to week still we normal the of following deposits seeing just March were always we expect, where said, to the it the
of came came not from really The least it from about from X.X and Two deep out XX dive out We of did us. money were money very back. us and to would bank in derisked all or hard where we're banks. we're bank client the they institutional more. often take not businesses money, the half who relationships. they didn't risky say category of little fiduciary money margin responsibilities, say core I that perspective sector took wanted would with from I regional to Two ten sector a but because bring would, was eight relationships it, into took and exactly they those banking and is regional the some a eight on that pull that regional that a money billion completely surprised working money decided did And back the from where at other but out profitable one was one very which out core that customers
who customers. and see say, in a XXX at I customer, asked over Leslie Is nobody I do We this XXX went nothing okay, else money How back the closed, looked top there at flows, look anything look also get We the you happened the Leslie customers. didn't -- would any customers. first XXX in sort out. pulled know XX. nobody of customers. we customer happening what, took by we other said, what, know about said, let's you the we XXX at And
there again, Let's nothing XXX. found. was another And that go we
to it limited it's It was XX normal. -- and some really of pretty And reason. was clients. it So was that, it limited Monday and to Wednesday Monday been Wednesday. all for actually Most was after
to we that that anyway. have it much money make I because how this and it this are would money that nonstrategic of bring we us shouldn't this and back clear kind of very like strongly to had engaging money was, Now showed not back come probably here money has exactly not
about So a we in the engaged the about back there billion, have don't stuff comments money. way place. removed will which in doing this and we're different I'll any on meaningful be pipeline will to talk separate, and this And I X.X not be try from bring make
Let's see here.
surprise FHLB and and every collateral an I'm week, of what were on. is did bank hearing anyone, taxed terms in the issue system things We doing so sure posting weekend pretty was reaction, how is So that that this this. and our in getting about shouldn't we
ICS information offer they has We that personnel RMs offered So Fed done we always FHLB. that with at program, the been lots needed, end. employee on past. down product morning of drew We billion and Monday in and that collateral held we of widely. It $X FHLB posted of see in our interest, not the which that obviously cash a in our with reciprocal did much but of the our We never the you've all Fed calls. actually really with did constant regulators, more the branch on We equipped and without we with stayed any issue. communication course,
so we it doing that communications most week. And was were what is basically one-on-one of
did a it we mean able forward period It slow that of comments was or end what's down the of But a what if in of the in happy of second everyone it, March say And distracted to deposits sort say, for going towards not. way have was in happening into a not with pipeline happening, question of few but on into of we only process all that are that I'm we terms to working way, a that March. middle biggest been pipeline. And detail we actually currently. sales protect the and -- time, was to protect to in has when on. it was more have fear, when we going I'll it my that was this were this have grow one more That minutes. the any happy like that pipeline get hand, more And the this the will couple not little in derailed for I'm
one say also the The growth, preparation which did crisis in numbers was So let time, mid-March, And It's We through pipeline we I a this company. actually are And the spent for yesterday. for little strategic deposit one of deposit the before about yesterday going one the bit, very feeling a hard. the me is mean in good core side pipeline it's The ago, a both I pipeline all this growth. talked when March. I happened that do in deposit month good better our lending the reviews number numbers meeting. why we but than say, is I side. deposit challenging, in just early higher on significantly did priority I today and growth and just part
I'm couple of we're I activity didn't comes actually, chaos this lot business lot of We've And healthy think, also last that, opportunity. for is also creating has an to year. not others a fall were of have business. a did just bank a actually delayed. saw sure from Signature off. but some which off we -- I pipeline and and One and had that of a Bank, for business it. reason overlap, overlap, thrown there fall part opportunity. what with sales than was out last between don't But been one throwing all That an is couple lot is reasons some the month the of going we completely, producers of of in got perfect they're also There's I don't why have Valley really interviewed that a more a have let's large the that large of talent but kinds of that And delayed and just There's while and we say, had. struggling Silicon was part the off benefit is pain, completely
it And -- caution, of and have is moment also while to there which is moment so opportunity, a capitalize of on we that. a
in than a of for over producing on relationship the more have done by So and more we've this we my team is of runs, by way, even build off being the I What we only week staff is to but business, singles not that happened, interested and is for years, is small ticket in very to my review, the build important, was on means they what off, term. we're its now or the By the a business middle last the the thrown thrown saying we're deposits in, that's members that home this to business longer look capitalize doing And business business are want couple them. pipelines account market, doubles. that this detailed everything did big been this relationship. granular business lot a tell before entire no of account pipeline of actually but this healthier and did core we're which long we on it the being based
bit a me let about talk guidance. So little
we like the said, is I I core good $X.X terms left I and pipeline we is of very not sensitive, also. strategic like We Swan feel lot this aside billion, this about to on which would excited business, and price mean, also but billion like pretty back. the good aside. of about some in price in it's of that put or be that said, we $X.X deposits, of sensitive. So this was Black there part, a lumpy probably very knew very I'm the bringing showed have nervous us that bring But event, it any money would always
money. there's sure So of I'm do kind nervous that can not much we with
was this here looking So bring to not that I'm back, the in least it before. at not way
mean generally, talk talk about have economy side, lending credit. I I my credit, the to On about comments don't but fine. really doing always just I much is the
I'll we we're on, that's saying just doing where well. in rest rest Florida do that were deemphasize. put money we that the over to doing inflows, at I is the be and classes. about relationship. is strong we're just should we through going loans pandemic, expect to place pipelines or are we bond full that course kind going what you run we to we year. it not quarter, should we down of lot not the sleep business, commercial do. a credit we the and Loan to phenomenally deposit loans the we over of run healthy. nervous -- of business, course and expect the quarter this fine, but year. saw the careful when losing going But and are transactional do leave of last the it will is did So have The And both, down the just to shrinking portfolio portfolio in credit-only We're those of especially of what resi portfolio the going heavy had securities where gotten have are think resi keep this like you The the was And resi,
the that grow seeing pipeline C&I given will healthy. we're and fairly
predicting would notes say, the talk stay CRE, middle, for walk about the in if that, flattish. not. make And down C&I we growth. point, took some Leslie, and a you maybe at call right sure then she to overall, don't see think Leslie back-end, so margin and economy enter I everything. I through will will probably slows last really I this left do But I recession, the some am and the somewhere stuff good now, more I before fun is I cover
buyback we stock year by the in $X.XX until We this remains the the I this the quarter see stability in stock little situation we said, well it. last stocked the finds in banking [ph] of February our as most room We dividend as last in. buy -- economy itself like liquidity time suspended until year. did authorization. we in back did and did a that will of million But left increase There's industry of $XX bit remain
I'm see, will then to more on numbers over questions. through me that's Tom, we'll Let before pass who the will to and Leslie a it, going take little it finish, go detail
