per again So of and morning, an diluted everyone. We good increased thank you, Frank On to increase a basis, EPS than an more once strong quarter. had operating that’s $X.XX share, EPS year’s increased that’s XX% greater XX% higher from sequentially. increase per the share, diluted XXXX, And and quarter $X.XX from a to than fourth last a for full-year $X.XX XXXX. operating
new which our increased tangible strong XX%. year, a high For basis, over And return to course at increased has on $XX.XX quarter, which of so the to past assets book adjusted return value returns, and with tangible per XX.X%. a on up X.XX% reached the did on share current an equity, the common is these
pressures sheet. slower on the we So of we’ve both seen sides top challenging to, had despite on balance the than environment, growth of that, operating where we’re pricing and seen used
accelerate continued to to loan continued core mix metrics performance deposit and due growth. Our improving
Now metric, with combined contributed to around XXX% sheet one improvement by which basis our Total grew XXX% year percentage XX%. is And our pronounced sub at in issuance while in that a CRE the XXXX debt C&I from than the for now to our early X%, on very increased ago. concentration by down year growth. a some segment color more balance loans double that
average average last for side, also increased from the X%. fourth the and average, deposits by year’s On fourth were quarter total noninterest-bearing X% demand quarter deposit up
that’s maintain keeping X.XX% loan-to-deposit deposit the X.XX% growth. is in helped our to relatively pace core to we’ve margin loan growth with So range. nicely with And that, deposit our stable able been to a and ratio maintain
sequentially, pressures, bit, success did and this due fees by spreads that competition. quarter was loan lending lower slightly compress Offsetting prepayment interest margin X space. our to for continued pricing in net we’re the bolstered basis see slightly deposit widen to that’s Our also a continued beginning C&I points pricing
per some X margin maybe compression quarter. on many the that to mix growth always Looking going factors such All our as and of order will see depend points ahead next X again, year, we’re rate. as loan-to-deposit basis I to on think, to
expenses. in see other Turning sequential to expenses. We did decrease a
noise because there. Let explain, some there me was
Greater that’s equity-based quarter Third forward, saves quarter. Gross loss additional on some OREO top value. to the going merger And investments in any fourth had those small operating operating deal. items, due and first to of property, the the our any benefited of marked the to closed to quarter fair about the growth Hudson speaking typical gains for before we of likely accruals. expenses expense in to elevated core of as expense expenses expenses of are levels sequentially, was about increase X% that, an the management. from equity-based are quarterly than on Greater that the million, addition sale for that’s X, $X.X On prudent impact quarter But our so annualized other expense range reflecting sequential transaction had to X% and adjustments merger first the well rate cost compensation the continued exclude excluding And expense a saves statements of we some Hudson, excluding year-end as January XX%. announced flat, were Bank financial
benefit of the Greater XXXX will full Hudson include However, the franchise.
announcement. book to projected more revenue and in than greater realization some and are saves some deal will track cases be accretion saves due share dilution at a enhancements little those per ahead beat earnings probably targets value we of are cost on to probably We Tangible the cost and set and financial meet less schedule. of
as tax The side, XXXX. we’ve XX% from from Jersey, projected any reading our it will latest tax technical, further. effective tax sure for is well as although want about to capital now as get our rate the a high It’s XXXX, as pretty guidance little that a not On advisers we I in before want all waiting be tax adjust we that we I as rate to our we’re clarification to bit talk increase New the XX%. commenting effective position. to previously expect gave, are on
ratios strong our consecutive capital performance capital for three rising increased the Given now quarters. financial have consistently levels, and
will portion our capital our future, believe enhance As confidence a valuation. market well the as returning our to in of shareholders we
the increase quarter. with this of in us, completion to are repurchases consider the stock behind Greater acquisition later a position and first dividend a now So Hudson we possibly
XXXX acquisition, it we’re confident from loan strong year going on return the conclusion, solid Bank and and with and equity. to a back into see assets We continued benefits Greater you. strong common Hudson I’ll tangible in XXXX. So turn And very continued Frank, and was deposit growth that, over
