Thanks, Jim, good and morning, everyone.
quarter. financial after adjusted QX on excluding the In $X.XX. an a deposits highlights. declined X.X% were $X.XX investment a with Starting Total securities deposits. during we sold million to per reported the of diluted loss $XX.X Turning million share on And equity EPS and QX, on during quarter. an $X.X basis, earnings write-up the
see in XX% continue accounts. QX. total quarter, declined Noninterest-bearing the this shift mix from deposits fell in We interest-bearing X.X% of QX XX% in to deposits QX to deposits and of and XX% a noninterest-bearing into
in than quarters of Ultimately, some expectations. we in the of from mix. next the again, with pace the beta deposit slowing total at continued our to over deposits, XX% interest-bearing do our a the XX% mix rate of to additional combined forecast noninterest-bearing increased in a Importantly, deposit slight to QX continue was the saw up we QX QX need first our couple pace half QX. and pressure XX% to year Though though price decline better from was in the the deceleration and in
our in will We beta continue deposit to quarter. fourth the expect increase
basis stabilization interest points loan cost shift asset in earning pressures margin, net contracted discipline the just which X mix drove our to positive and the quarter Importantly, a in helped X.XX%. funding during offset pricing and
at accounting in better amortization purchase QX of for QX, adjusted accounting accretion was net of in purchase $XX,XXX expectations. flat both than X.XX% our our Excluding quarters, $XXX,XXX and NIM
boosting providing ample proceeds. year-end. assets margin in a billion and the Drake the and of the and trade of value $X.X in to million earlier, purpose attractive decided our This a below two, our of: results to we execute threshold As a realized one, EPS balance down paid important we loss We mentioned a strategic the room book with a dual forward at securities securities of quarter, strategy $XXX $XX financially advances serves manner; manage sheet sold with portfolio. end FHLB at million, through
interest the a we basis With and the from trade, NIM we points income earn-back benefit benefit period estimate X.X-year realized loss. a net of the received XX stand-alone on
continued fee basis eat benefit reported NIM the NIM expectation current expectations to XX pricing and of provided represent income. trough. trade the may our point at Shifting X.XX% of XQ we'll that pressures, are We While million our some QX. $XX.X -- of deposit the in mix away by
$X.X which million previously on $XX.X adjusted our was equity mentioned in $XX.X gain $XXX,XXX the income of and on in debt. investment retirement flat write-up $XX.X million securities million excluded the fee from loss million the an sub QX, on sold, Excluding QX,
noninterest management fourth relatively on slightly stable QX quarter. expense Our at remained relatively We also down $XX.X and to expense continue focused in in in QX. remain million $XX.X expect million stable from the levels and expense operating
tangible securities presentation, were shown of the the to investor levels and the Furthermore, our assets fourth our remained We levels if decline as AOCI on we above in our above the with the holding regulatory consecutive note the coupled calculations. both tangible quarter. levels in of Slide X.X% at X% capital in even well ratio of our the considered growth include end at Turning equity, capitalized to common remain for as capital. to at slight trade due ending bank company that quarter, all TCE XX loss
turn advantage it remain for take flexibility deployment any we confident drive potential to our to to that of now value back future that, such, shareholders. With As the capital we capital Drake. I'll have opportunities
