the On you, predominantly the our our points loans. Thank third Okay. loan repricing our yield, by Claire. driven quarter, of loan rate we variable XX basis yield in expanded
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move to deposits. Let’s our
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expectations As deposit deposit whenever the it or FOMC of cost expect relates increase to rates raises market our increases to cost, high. when are we rate our
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for driven our of the basis expanded margin rate quarter, interest points primarily net variable repricing with loan XX book. Our
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our move Let’s income. to noninterest
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increase charge implementation increase to-date. driven deposit in other service of being XX% management our our a had full management we is and treasury largest the This client treasury by line. First,
third loan year our and the has Traditionally, business for fall. quarter loan team our The TriNet steadily million average. of magnitude. is sold future increased loans poised our are notice premium sales sales of quarter the quarter on production strongest for TriNet of since in stronger $XX the than last the end, we our the on quarter mortgage at books mortgage. we was loans you’ll With acquired year-to-date similar Next,
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overall just year. base and to was slightly under flat $X.X QX was expense Our higher prior but than million
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year’s little quarter be our performance. incentive XXXX. Having fourth similar quarter in as lighter to than you are said range then is and lower a booking this, with may expect past in the expense normal this a should accrual a base as we this recall, bump running you As up
change items, periods individuals TriNet increased our acquire line to cost and hires, increased with of and increase associated expense benefits to our with of fees couple associated from is the and in Regulatory in those change IT each our related in managing Professional and presented, volume due QX during expense due individual in our to in Data XXXX. processing increased increase and in business. implementation period to methodology. The assessment primarily an the our mortgage software XXXX sale. the fees external the the at in new transactions of due audit increased decreased cost the network. going Looking employee primarily expense during and period for for new loan equipment to software the salaries fees incentive to public due increase a firms presented FDIC’s
So, rate and about than our QX, prior tax in prior let’s In years. what booked our tax we talk quarters rate. lower came in effective had
in First, the with are the year-to-date overall a effective booking credit large rate lower. taxable as quarter, lower charge-off second tax to we income is our
to for XX.X% warrants compensation, and This rate QX. are exercised. as options stock to our we to for related new recognize standard the tax tax accounting Next, effective lowered continue benefits
within anniversary, and organizer will leaders our of As expiring. warrants we we will options and original XXXX, and coming be company XX-year look our have organizers many the on into up
these they will our you experience XXXX, larger normal QX Assuming you magnitude on will our tax the have occur they provided so exercise don’t we these, than decide visibility in we but analysis, sensitive fluctuations. to stock individuals before when do holding benefit securities benefit line. can with of We will of a expire XXXX. with on expect clear see a What we the run-rate is in the exercise, price
being capital. QX. our to stock I exercised comments. so to earnings some back lot some options closing let increased on of a it you QX, Claire questions, have move of With all Let’s turn capital for know and me record ratios from in
