contribution, lack be our tried read IPO, results more Charitable in million. to during to Foundation everyone you, tables expense million $X.X and including in and the Thank a be of cash disclosures, company assess the We recognize the release.
In going forward, the stock of the earnings We've $X they morning, good of to Blue non-GAAP million will and with onetime This Jim, we $X.X quarter to back the useful a the earnings that difficult IPO, we the as company donated in assess encourage provide the large pension Foundry public the withdrawal history created at the the and connection Foundation. to of future. combination everyone. think information our will make these than
of in of expected $XX benefit our which to will our exit be cost intention to than in is the the S-X, million. this at an $XX $X.X of that We to the cost defined also occur to cost our is pension was noted It resolution quarter time fourth million determined. final exit estimate Board be million. announced estimated the plan, expected when The lower pricing which pension should gave
roughly pay $XX FHLB our combination a in which items million created expenses, down in $XX.X net of borrowings announced $X.X quarter GAAP we penalty. share. $X.XX million all Lastly, $XX.X for we per August, of X prepayment million The of the of incurred contributed million onetime or through a to loss which
For or compared earnings results. in net demonstrates particular, our adjusted revenue, GAAP better core this quarter, we our sustainable preprovision that believe to PPNR, our
of to quarters. $X.X a quarter of quarter. returning marks Our quarter the $XXX,XXX of prior few to for a the loss was in profitability adjusted the improvement to us, we This next look yet million PPNR forward compared another for in loss and
continuing basis interest Our post to rate This net to IPO. to related quarter. the mature, elevated environment. effects low the lower deposits borrowing increase combined continue by down quarter XX, the time the pay to the be is ended XXXX, to high-cost prior the by September offset months margin X cost of balances increased compared deposit for prior due current and the containing XX interest points tailwinds X.XX% These to as
a nearly income XX%. acceleration Quarter-over-quarter, across driven forgiveness. primarily by $XXX,XXX. levels. portfolios, origination Total net or maturities increased $X.X X.X%, as connection higher-than-average to including interest position excluding an decreased to by PPP cost continued and $XX.X time a well or decrease We $XXX,XXX by by by income Interest XX.X% basis the borrowing expense balances.
Quarter-over-quarter, evidenced by driven in or in IPO. the of balance reduction a the loans, decreased for continue prepayment XX actively point PPP, for the our by from interest of quarter.
Interest The by cash This increased or in by with $XXX,XXX total primarily amidst in increase FHLB million due as CRE deposits which increased the increase driven million loan driven the anticipated performance portion was $X.X X.XX% sheet, cash. of interest strong our loans, on by during X.X%, from PPP, significantly was last or in $XXX,XXX increase funding from manage million was quarter cash quarter, elevated reduced interest-bearing liability securities interest
in expect was portfolio commercial pipeline to that as persist. over growth and of September Our $XX XX, million overall we
interest was bolstered by borrowers Our purchase very bank higher-than-average future. residential our to program a high-quality in of are of is July. expected to that program loan purchase loans to million in in Mae continue positioned was to prepayment enacted excess us and to deploying believe for assets. offset originated levels purchased standards We market. This Residential into beginning and QX the in interest-earning $XX.X principal the The we assist within portfolio Fannie rising rates well the liquidity
was excess securities liquidity to million utilizing incremental some a our by grew continue portfolio quarter, of the yield. securities coming of of Our excess $XX.X during result the plan quarters. loans reinvest to shorter-duration over harvest into We mixture and liquidity which the to
to reinvesting put we have rates liquidity We more the excess asset yield plan stable. been view over past quality of X.X% roughly rise, to in as to X.X% our And as quarter. work.
We the
Our decreased points loans XX of XX total to basis due basis percentage loans XX to XX as days points. from past a
X.XX%. allowance remained increased to to points loans total consistent, And from nonaccrual X.XX% total from X.XX%. Our fairly loans X.XX% to our decreasing slightly basis to loans X
operating as As under a X, of January currently to expect reminder, are and CECL adopt model. the we incurred loss XXXX,
continued from believe our path funds will reduction to control profitability loan As in that we to future, incremental we of come the the over and cost growing a portfolio, a look expenses. slight realizing
lending million in incurred higher continue to remain in in QX consistent and and roughly slightly invest technology XXXX may support We $XX.X expect million expenses we through $XX first half for into personnel. fairly to compliance of to QX QX increase the as and
