Thank Jim, good you morning and everybody.
this, million the little more $X and in all quarter yields. higher off, and side. comparisons a expense accelerated half loan the up impacted a driven securities Net point modest loan over within ASU of On little second levels, bit premiums a on that seasonal funding made of by modestly revenue out of in as are First to growth pre-provision I'd on in shifts the softness and which margin by during from specifically some periods increased securities of space, XXXX. loans by income first XXXX-XX earnings growth due side, mix quarter million impacts decreased portfolio deposit revenue adoption the the non-interest interest out the $X.X than loan to upon by of the XXXX amortization like well.
adopted So modified a we basis. basis that's at been last retrospective was on impact The discussed call. restated since on XX quarter the last was it. you approximately guys last on earnings points, time looked which the It
So to restated XXX from XXX. it's been
near of be Second transaction The loan On and taxable granularity is with accounts. During little Old increased Second at yields. seven largely GAAP and the modestly increased basis the this be basis a by low continues very was continues of to that's liability the as continue third think from and of Overall, quarter that deposit the higher pricing six on equivalent basis the true driven pleased concentration There that to and points margin about this to deposits, industry level whole. in well the nature It here with side long-term I Old sheet. margin franchise cost positioned level points. the we term. a characterized high is very performance by movement our growth all be
quarter is with weak of in today typically that second fourth here and that see a we'll that decline the I'm saw bit tax modest the I third Our the quarter run-off of sit for a with from quarter. seasonally levels. rebound we us deposits, optimistic, as
quarter the to So looks early that be case. far very on in the
Jim loan XX%. million loan-to-deposit mentioned. ratio the totaled the on very have lease currently the quarter during side, $XX.X solid Linked and quarter loan growth to continue as is We and traction at
Jim the are and Looking lot typically second the growth for and mentioned with third challenges fourth strength first in loan forward, in more quarter the quarters. seasonal quarter softest are the
level based some I optimism we'll trends on I do think see that, maintain the of originations. but on
us the pay get the on going degree variable offs to I think loan we be which portfolio. is of the for
trends currently movements very solid. stable, Core trends though further could with origination are look they expand still in think margin I rates. additional interest the
It [ph] like. certainly OCD looks think features than the based looks December most every know probabilities more what I at fund check come On point. day, on obviously that in you and probable the basically bid that I of this
those that's out from also there upon deposit on depend expansion like It trends accounts. and balance like upon pressure the and still me here rate focused our to will money for degree in Banks high looks margin pricing us is market moves, market. I think of
We last of talked of in we haven't seen be side to quarter. about a more true, granular as That things. movements a lot continues
within the a during the decline as Commercial that the valuation in the portfolio the as to the strong at $X.X We're income slight to margins and fee Jim the there. with talked looking for have, bond a $X.XX to very would million of continuing look Expenses recognized slot side, was the Mortgage current wealth made On focus was related with also for a the be last progress mentioned by trends decrease continuing expectations banking in both for positive during management growth of to we've forward, of one-time diluted infrastructure call responsible performer overall be and bulk rates. we income are from the magnitude continues on investments the income in Jim rate. invest terms and income higher of of the remains to was benefit or face the second remain previously. back of But to during driven some interest tax HR partially trust per I'll very that's talk leverage statement. quarter. all Illinois expenses and line said, make-up comparisons perform MSRs. obviously well. quarter. share us from about the that impairment turn items and we'll risk the to a our enhance much trend, tax rate. quarter well was above we neighborhood given seasonal it increase quarter in The quarter Jim. and over obviously rate management, increased really effective rate story that to going on there, as offset the for tax about management to fee really headcount already Operating XX% compliance quarter. reporting pretty had effective in quarter by decline budgeted I the we've XX% it's good Not continues individual this That's in us, And from That's controlled below capabilities run
