basis, of $XX.X reported Good was GAAP you, XX.XX% $X.XX a increased $XX.X quarter quarter on basis, excludes and earnings GAAP on basis basis, with equity. On return million branch GAAP quarter year-over-year. an for ROTA XX% on year-over-year. Net tangible ROTCE from return Earnings consolidation adjusted in Slide $X.XX XX.XX%. everyone. charges, share to your share was of X. Chuck. XX% per and let’s prior per to to adjusted increase income was an X.XX% Thank common M&A the we net morning, assets an On increased second which Directing a to second the Adjusted basis, year. On and compared million, X.XX% $X.XX an results, attention on start tangible increase was second $X.XX. income a
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total allowance credit of resulted expected credit economic losses, in loans reflection of loans a of conditions us lifetime XX, X.X%, will The expense to under our percentage prior of that migrate our this Moving PPP, includes reversal to excluding a the in X.XX% quarter. declined quarter. estimate This CECL Slide recording into and the down a in is from improvement provision the cycle. losses law for reflects some as expectation which through allowance,
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active to for and million payment and $XXX,XXX second with were charge-offs coverage, and decreased level maintain and to XX allowance, allowance revisit XX quality, million $X.X XX% of basis nonperforming total XX $XX.X We credit excluding to to continue the loans has remainder X.XX% points in to decreased The the XXXX. PPP total of credit at with capital only loans, throughout million measures $XX.X risk-based quarter $X of continue improve. asset a accommodations. overall of loans to in allowance on prudent on have at remained June loans accommodations previously strong, we representing only loans we’ll provided estimate loans. payment Net of June level are Criticized strong declined Performance and losses X.X%. million, Turning Slide by the this is XX.
of was second consistently XX.X% highest the at Tier strong Florida to strategic our XX, the XX% and rate and value common even tangible with economy. be impact today, XX.X% beginning initiatives position on quarter, to prior committed optimize common is total positioned to this we liquidity We growth of from to equity equity turn of over group. questions. the Slide balance peer driving fortress a ratio the successfully forward new back strong XX%, the finally, the was the Turning X back the XX, has among sheet. dividend. $XX.XX, execute compounded at value of Return of annual the pandemic. franchise XX, increasing an per basis. your share continues over of our on will and which foundation shareholder in and look a each was the we’ve year-over-year. in been capital The tangible capital shareholder quarter, tangible call maintaining to on we’re tangible looking was XX.X% June increase achieved the creation value to book Chuck. ratio from strong, an I’ll to growth ratio very risk-based share our and per Tangible Slide navigating adjusted this our book And XX.X%, asset capital XXXX The of on end with opportunities capital We’ve and
