T. Sullivan
the and a We're Yes. during number and Thank the a for the standout bank. and celebrate year what culmination events has on call. you, happy everyone constituted to Ed, breakout of company welcome quarter and really the it's of
for year Ed at As increase. mentioned, the earnings that's $XX.X year-over-year XX% a total million,
with we're football a the specifically. that's X-peat, earnings to our As game a with earnings looking QX ready own big third we for company's company company. the the our for many operating the quarter Best performance third continued recognized XX of was million.
And may year and for you have metrics the that celebrating get quarter net revenue, record-breaking for Really of consecutive stock and of company pleased seen X-peats bank $X.X also consecutive of was both and with then performance. the here all with team the OTCQX the
origination indicated, loan year. As record the for
since the million was on for which of obviously, quarter, million for earnings for our operations we was and driver big and in as $XX gain $XXX on revenue XXXX cumulative surpassed volume SBA Our of nearly quarter mentioned increased $X XXXX.
A sales million. launched $X the billion loans, the
see loans, gain in we X% in as percentage. and can see the to on continue sell GAAP you the small improvements guaranteed We quarter there the pricing the low
million year-end. very credit after spend are that in in seeing in As basis, a also credit total over $XX during $XXX subsequent card transactions, celebrating was quarter. about the strong growth we excited credit surpassed mentioned, that we're and card January was card development and million particularly on there, Ed And utilization a threshold
exciting very well. as that's So
on broke pretty rates, as growth specifically we our track out the interchange we've as transaction and on. seen card interesting mentioned, and very item see high we goes income today will statement is, line as note time item. to line You'll customers, credit we that utilization that in be within significant we think, That interesting
our overall loss. contribution, As pretax card about $X.X card credit approximately we think XXXX, generated activities credit specifically its million and in a
think a As mentioned, that we future we quarter. swing growth specifically. be that line reach generated did breakeven into will expect from in during significant And XXXX, we there as the earnings
You'll did quarter. compaction we in or some also the interest margin compression have note, net
of part NIM that for ready was really Now getting up, into shoring XXXX. stabilizing
points million that CDs into on as call and million $XX were we as have replace repricing renewed.
And QX, down those portion or that that and an to see in As CDs noted, call approximately shape look we what as the the we the accelerated the By do that significant CDs repricing were cases, in in CD able to much allowed QX book costs. $XX XX our of going to mature expect funding $XX in will another to we callable they between We as during interest million And basis $XX additional and March, was on million replaced calling in QX.
We $XXX,XXX well. to us the almost maturing during some that approximately quarter quarter, put and in some good lower in us do for we'll in million CDs. average XXX current expect as approximately are callable specifically. be that mix into $XXX matured in were quarter down with brokered
year really item another So low was the and We're very assets. net the nonperforming We've for $XXX,XXX the also And and to over credit just and happy were had it then I'll $XXX,XXX, on kick benign. respectively. Jeff. XXXX highlight, to celebrate charge-offs quarter then to side very
basis less loans think year, some We I several did than X average of at year-end. loans. on have right nonaccrual unfortunately migrated to which for the status, entire that points that's
million. NPAs at So year-end $XX.X were total
SBA that $X.X approximately guarantees. million in is in included Now
So our at-risk are year-end loans at assets nonperforming $X.X and million.
you'd was loans. through cards. and expect work There's SBA SBA, most our of Very by small, in hospitality. outside credit ability comprised balance group. were of which the of That balance, XX loans of guarantee that those XX with $XX,XXX were As which SBA confident that in about X XX to are loans,
possible future really highlight seeing for As and we anything problems, there. of look kind not growing kind that trends would of anything
that in seen the will the and storms conditions, I northern time winter very with $X.X Coast in business that our particularly X.X% of say, states L.A. impact the recently then basis, or relative East with some of and on damage million, some on total or with in cases, you more expect, of contact a have the issues of area.
Happy assets in little communication of of borrowers plus issues some reserves. with period slow bit equity the maybe more capital collateral and months. kind hurricanes we elevated of As there. really a we've But might notable QX, been that always an report during of X.X% slow particularly or total haven't through fires to the
less notable the really working them mentioned record XXXX a that SBA really those expect specifically as X good of We before, in dispositions, have NPAs. particularly of side, through both to don't track we we on were So SBA change, one approximate QX involved you $XXX,XXX. the was on X in our one then see relating than Hospitality, came an that loan million loss that losses and and at to in charge-offs $X.X total
we as lines detailed overall, over that, for good So very excited comments. into and his a our Very there. We think quarter. good shape about head growth And in with to we're XXXX. anticipated turn it Jeff really I'll business
