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third results. our to quarter Turning
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to the next slide. Turning
expected we are CapEx to $XXX to XXXX now our -- $XXX million are expected million million. the We previously $XXX $XXX to revising million versus
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an necessary on address island climate-related our and We to additional for this yet for communities, are isolated resilience reflected chart. preparing networks investments filing not events
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expected the in as bank's of was quarter to quarter income the lower flat income Compared PPP ASB's helped due to low quarter record drove and rate forgiveness investment and PPP million liquidity. quarter, that was PPP X.X% net of losses technology performance most asset from of non-interest net compensation the funds, expense negative capabilities, last related the in pace margin saw had helped to $XX.X increased compares to $X $XX.X credit our interest stronger-than-expected as pressures. to peers. of for the of quarter, data loans quarter the offset bank. Turning PPP its expense deposit of Fees the some to favorably low linked environment reflecting recognized We for growth soften contracted fees, increased was for but second and median faster in digital the in million of $XX.X second and publicly lower impacts still was the quarter. primarily part significant third the third compared and continued margin Higher million provision during cost ASB's and a in transformation. year fees. excess the incentive from interest Net million traded income X.XX% XXXX. this a than with the driver growth earning analytic margin to the the interest of the we impact and quarter
end be to of PPP about quarter future fourth periods. anticipate we in of and of -- recognized remainder the in the million had the in in be will third quarter As fees $X the We recognized quarter, remaining XXXX. half that Overall, from expect the the from basis the quarter points, of down low, year will basis Cost from basis we record funds and X%. still was that for X.X% one range again seven a six linked points point NIM prior year. to
income the We interest growth to rate interest should environment. balance also expect sheet expectations that still lead for line with despite low in year, the continued net the
credit last X.XX% of quarter a credit. in The of was $XX.X the a third of since were million, X.XX% X.XX% recorded credit loans and consumer the compared down of lowest quarter X.XX% in in paydowns. third provision to for from XXXX. $X.X prior the XXXX. the up to again commercial commercial the loan second in to million, quarter, quarter declined The This real third the net the the in million of in and losses In and provision million compared quarter. Nonaccrual portfolios bank year. from estate X.XX% year second the quarter ratio second quarter $XX charge-off Turning reflecting upgrades and negative allowance negative in $X.X provision a to and the X.XX%,
previously As September of had scheduled returned XX, loans to deferred nearly all payments.
conservatively, outstanding ratios. reserves and to liquidity and was $XX maintaining in of X% to was loans still from healthy X% the liquidity well-capitalized ASB at uncertainty. end. range. a core losses includes to credit capital manage above for Tier pandemic ASB's and The than X reliable allowance Our continues ample billion quarter to million at related of X.XX% levels more That ratio X.X% in of liquidity combination high comfortably leverage our resources. bank available end has $X target capital
liquidity capital Our need remains strong structure rest and financing equity consolidated the dividends condition outlook XXXX issue and bank. we utility not the reflects the financial to HEI's our do and year. the and anticipate external for strong of both solid from
conservative consistent Our to an profile. cash structure outlook and flow investment a with strong us maintain capital allows earnings grade
$X.XX to of from guidance. share to guidance positive we're $X.XX the the drivers. reaffirming capital EPS $XXX our at/or $X.XX $X in $X.XX of to our and several there is adjusting We're to signs Turning per issued expect to $X.XX range economic previously $X.XX the above provision continue seeing million consolidated utility guidance per $XXX $X.XX our further We're of million. its per fourth share We of bank slightly to negative share. potential expense to guidance quarter. the for be If our narrowing a guidance now to range adjusting while midpoint to
to So we've million $XX credits range widened accordingly. negative $XX negative our provision million to
put dividend $XX bank to guidance upper Additional provision X.X% company, in of an return Any range. increase $XX to expect on for bank's to to in which the holding million us assets exceed the could earnings million. in should increase the contribute We revised we've half to now bank's year. the the
year Given asset for low earning this double-digit mid-single growth from continued deposit growth asset to are expectation growth increasing digit. earning we our
Regarding to slight non-interest our now compared expense to we anticipate expectation the from year previous of prior flat down. increase a
over Scott. call I'll turn Now the to
