Thanks, morning, everyone. good Curt, and
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brokered net strategy Express Adjusting the brokered million. with for basis. points decline coupled a XX $XXX drove $XXX deposit deposits grew period-end increased CDs, the deposits Direct timing-related basis and Lower successful in on customer deposits quarter-over-quarter. in pricing decline pricing in CDs, increase Period-end a million a
the objectives funding and we continue relationship approach, environment balancing rate profitability. our own intend to forward, pricing monitoring Going their customers' needs and competitive while with
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XX salaries a of and Expenses on higher benefits. increased items, including over $XX inclusive the seasonally prior Slide of which costs, line million impacted number quarter,
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for outlook XXXX year XXXX real paydowns X% anticipated expected with growth project largely flat XX. to offset loans average most on in We in in is Our estate. by full Slide to up be commercial businesses
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to year increase loan in growth, in project to which resulting our As loans reduction by a total compared we is in year-end year-end expected average move point-to-point XXXX. drive in deposits throughout an deliberate to X% intend time full we XXXX. the X% quarterly brokered XXXX estimated in to decline continue year, We deposits, X% sequential
average we Excluding expect CDs, brokered grow deposits customer X%. full to year
deposit rest quarter, seasonal first we the the in Following of growth throughout XXXX. customer project declines
continue remain most upper our in rate mix XXs. noninterest-bearing consistent concentrated growth deposit but of relatively believe With to that we the environment, will will elevated be interest-bearing in balances, expect the
transition clarity, deposit we a assuming Express not current understanding are in strategy. based our of outlook on as Direct within the Also, point for of this XXXX attrition
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we to more normal our ongoing towards pressures for migration manageable levels potential the portfolio. With credit inflationary in expect elevated and rates, continue
end lower the we project to our result, range of net charge-offs a to at in As year points XXXX. basis normal full XX be XX
noninterest XXXX to increase growth expected income income. in a X% over XXXX X% expect We includes reported levels, which customer
of declines grow X% balance sale higher For expect the fees growth Full in generally seasonal of expenses income and pension quarter expected through lower noninterest estate year. the then XXXX, an increase to customer-related and in and in expect gains first on are noninterest the to benefits, year customer we see with salaries real of expense.
increase priority quarter support are seasonality discipline investments as driving over First to risk to with a Expense we of remains our management normal and XXXX efficiency. to quarter seek compensation projected expenses self-fund in strategic while fourth XXXX expenses. the future X%
capital. to Moving
forward year. growth variables, to and sentiment customer-related and environment favorable XX% including We of to intend throughout a we capital CETX our strategic and strong maintain In loan in a above the curve position well drive ratio we consider broader of appreciate economic execute our all, as plan importance a intend continue We number the responsible trends XXXX. for the to growth, XXXX. expect the target to
Now, to call I'll Curt. turn the back
