good Thanks, everyone. Bob, morning, and
to closing As mentioned, forward we're merger look Century very with Bob our November as expected quarter on pleased third the XX. results and
As regulatory we received our in we've September. back all of communicated approvals have
that look Eastern sense the and and time. closing, converting the are systems at customers new comments We the of former have our adding more the Century both on over weekend colleagues forward to I'll per income share income per was the impact million $X.XX million $XX.X the GAAP our net Century in outlook this or as of in later presentation. quarter, was net Operating $XX.X share. or well. for $X.XX for
non-GAAP Although, the items review the of and the the to in of earnings adjustment. Appendix to everyone the presentation were press we see earnings small non-operating reconciliation encourage release the A quarter, relatively in third would
in to of these a to per program we quarterly was and the loans for in as share experienced remains the the to of yet offset Our value December non-objection Bob $XX.XX balance applied portfolio. growth of board market share. tangible the repurchase approved XX, sheet, reduction repurchase from and as approved Both on X% $X.XX in a our but The we’ve dividend release, reduction other was program the to covered and at in shares. subject up quarter. the share, earnings in of directors the the securities share income the have XX, comprehensive of Reserve, payable per XX value were values received. at Federal I’ll which per comments core Book was due value $XX.XX and September book not press similar strong mentioned some June by with start retained on growth to outstanding
and third and see commercial longer-term. X% overall commercial growth expect loan PPP was quarter was loans, the X%. estate, in the growth although to slightly X% we both C&I the commercial Excluding growth higher was in than on is in growth real basis, loan strong we annualized both what loans, an growth over and Commercial expect continued strong residential
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continued asset the had $X.X a earlier, million compared third quarter quality quarter. reserve and sound of mentioned the million in second release released As we to in a to be $X.X
website. currently forward encourage meeting plan meeting and have that summarizes a related definitive contact items XXXX. we questions would we to sure previously, As XX to everyone plan rate provide I the update the we've make on on January which that aware the equity Relations quarter. as to our tax outlook. CECL and was statement, scheduled have of our proposed was want mentioned available. The shareholders and look team to then X, in XX% is to effective any adopt communicated an shareholder the November proxy our of through We've plan Investor recently, We some
as meeting attending of in date encourage record who participate interested the ongoing are to shareholders pandemic, Given the we also virtually.
relevant attendance about the of proxy the is All materials. information in virtual
share the we As Reserve, a earlier, from directors requested which of approved subject which mentioned earlier our Federal program, month. board to repurchase the non-objection is this
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diligence expected progressed overall than integration planning quickly phase. However, the the back more we due has during
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million We and expect XXXX. net interest $XXX income in to between million be $XXX
and PPP XXXX. outlooks, fee we will in and we very income As of affect expect XXXX in this XXXX, mentioned little the had comparisons year-over-year prior
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interest margin. net as Eastern the overall margin interest our in XXXX XXXX the levels, than be margin expect below net We to lower is Century current
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