Palmer. you, Great. Thank
$X.XX you adjusted quarter. second $X.X $XX.X second primarily $X.XX impairment. the share per $X.XX charges, million exclude merger million per increase of items, and of earnings today operating year. earnings share As per branch of earned these on we million GAAP total we’re $X.XX reporting $X.X The Including of million adjusted These adjusted results $XX.X the or or quarter the per buildings we’re loss $X.X of EPS in million represents share MSR XX% a share. a last mentioned, over reporting for about or
to Atlantic we had results we second with that of first quarter considering especially that accretive in we EPS. quarter the be the quarter completed would Coast XX% stated better-than-expected the that previously, acquisition the had second as we to projected of last part year. last XX% increase, Hamilton And and we Atlantic is that This year Coast similar
our the increase last assets X.XX% quarter Our adjusted an return second from on was reported above was and which second of quarter X.XX%. the year X.XX%, goal in
to the on adjusted was year. year last for quarter common second Our the tangible return XX.XX% equity same compared in this of XX.XX%
I during this increase last while most last in $X.X with and intangible at an $X.XX buyback That’s quarter value year-over-year of value, the book value $XX.XX. the stock $XX when compared quarter. book quarter. our tangible the And approximately million of per year. That’s year book effects XX% two time increase a same intangible in to per the absorbing with recent ended increase acquisitions this and during of share of increase quarter really We share was pleased an
equity from that of finishing in somewhere expect will XXXX Fidelity, tangible X.XX% a the we basis capital that range. ratio expect build XX of in Our common points we with with growth still on small of book value continue will mid-double-digit the tangible plan dilution we even total increased to and and amount our
Our points interest quarter. the X.XX% decreased Margin GAAP four net accretion fourth basis margin returning compared that year. in reported to four X.XX% with in the last declined the X.XX% during same excluding at quarter, the basis coming by we last quarter of points
During at quarter. basis our increased five funding the yield while costs steady earning remained assets second during X.XX%, the quarter, our on points
to deposit our up, were decline, but we being on that was rose believe due our We the we consistently few We stable had compression but do a When short there in so integrate balance we seek as some to the we our sheet to will rates as then stable. a you continue focused here sensitivity costs, we basis margin at close work to look Fidelity. points margin margin increase and our remain and term neutral.
X.XX% Our bank that core the from production for the last against X.XX% quarter to same increased the year. in yields quarter first declined quarter
offset quarter, more some competitive the while last about bit maintaining we to pricing little underwriting a quarter first in this on talked incurred payoffs became our quarter, we standard. of we the large As
and say On we to represent than now and of that but to such XX% deposit less improved end non almost the first to just year. of our quarter on deposits I mix at we deposits I that XX% our to the time side, deposits last have would continued XX%. XX% total round momentum XX.XX%, non-interest-bearing the this the like compared
this Non-interest business total deposit Non-interest-bearing of income provide continue quarter. results. lines production production as was XX% our exceptional strong was deposit our financial to of
compared this quarter, During period the in X.XX% first XX% gain down year. of us and time better last a from from saw quarter, the second Mortgage for we at actually first an quarter, seen grew to X.XX% small last X.XX% quarter all-time year over sale same to than over this although significantly the percentage the but mortgage the year. in production the high the on revenue hit XX% same decline
the swing southeast. still can strong they top us as increase to combined production as at deliver XX%. results in We continue XX%. financial by over to for over they in believe provide these continues they of mortgage slightly their by division a lending but improve groups production warehouse was integration rate, full lower Our The to with the mortgage leader root divisions become are results Fidelity mortgage the profitability
second quarter and continued quarter ratio compared quarter to see year. efficiency year of improvement of adjusted the in XXXX, Our XX.XX% was last the the in with this first XX.XX% in XX.XX% and of second
was expense non-interest the quarter. for million Total $XX.X
The quarter. the million, that you increase were the was non-interest on loss quarter charges about expense $X.X commissions $X.X from first million in conversion when more the the explains and merger sale mortgage adjusted in branches of of $XX.X than and and million slightly up with However, salaries and second difference it. cyclical
also future. company incur call not anticipate the of related the be consulting extra center $X.X and fees However, did quarter we other million do in integration implementation, services, CECL that to to during which consulting recurring approximately the
the mentioned look numerous big here on cost add the I integration to can a the cost need feel some XX% a identified. of color number times we’ve that’s I savings realized We’ve and that savings unreasonable. Fidelity and and
you of at a hand and I the we aware task that plan. However, we’re fully have assure
a data mind conversion an with this of into state going of are We not integration mind. state and
categories. cultures changes. efficiency, driven through and likeminded overlap, a repositioning the The These our will process from administrative as processes of split the affecting or includes the financial be approach This efficiencies to Ameris from service. saves can branch which saves branches well customer within is process full of affect three cost of a service customer efficiencies without be overlap general as changes some sheet closing operating with retail our doing of business. are and constantly cost not of gained saves and way a goals cost the will integration balance maintain into XX% Approximately XX% XX%
and of XX% more does the some There business indirect and cost things we were some than integration things The lending. Fidelity lines are mortgage, as of that result SBA than did are us there efficiently with efficiently that auto remaining saves such them. more of
We together changes, the also that and system hit technology savings target only includes personnel to plan but not cost ensure we the working these are on changes. and saving
but non-deductible be that XX.X% quarter, to the our really forward. increased onto in our tax tax XX.X% cost was that due will just tax to continue going the expect Moving our acquisition and rate over XX.X%, rate, we rate effective this to
side, as slides it growth in was million to just XX% the have split production balance $XXX over quarter we of added exceptional the business. annualized. been lines this the this our at sheet among loan of but segment and came On our presentation, The details in or growth had investor organic loan bank
XX% closely. about continue mortgage and it in with monitor Net remains the strong and growth Premium Credit bank of warehouse, bank was or divided growth C&I. to remaining the lines it we very specialty although between core split across the and quality Finance our
Our points charge-off was net of basis annualized of loans ratio basis and non-purchased loans. XX X total points
to as presentation. help compared Our same at assets the across decreased a in non-performing The XX total in how type percent last Fidelity loan be points, as basis to can XX year. as diversification points our assets well loan continues and with basis diversification of investor seen time the size geography acquisition the
continue had approximately renew. CDs did the brokered of second two in We of growth the matured see We we million to last not deposit that quarter. weeks quarter strong the $XXX
quarter. the maturities, increased during those million core Excluding our deposits $XX.X
our including will flow Our year-to-date before of growth deposit million, approximately deposits end year that seasonal growth up in loan and million million. outflow back $XXX was was the $XXX year-to-date $XXX
fund say to deposit continue all to how growth I show and growth. our through we that loan both organically So
the back With turn over call Palmer that, comments. closing I’ll for to
