adjusted an securities-related and the ratio XX.X% and share. Good was basis, your On the income beginning quarter $X.XX assets excludes net Thank was quarter morning, intangibles XX%. and of to attention quarter prior in on you, everyone. an basis, adjusted share adjusted per amortization Chuck. per from efficiency fourth Seacoast income improved X. X.XX%, Directing reported $X.XX Slide to fourth with net total which results, ROTCE PPNR of to the losses was
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the approximately X.X in Our include expected sale proceeds securities million $XX earn into years. back securities. results the higher-yielding has on fourth quarter opportunistic of in an $X.X losses repositioning of The reinvesting approximately million
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X income mix deposit Net cost provided. by X.XX%, to purchased X. yields. margin the Turning higher during point XX basis interest Core to or higher range lower X% guidance higher offset basis with interest deposit by all than $X.X Slide declined the we loan partially of product shift, contracted and points net accretion, million quarter,
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markets Higher real former we've estate additional in growth complete. the the XXXX higher company's were of in and In mentioned with of recognition related Legal in and result marketing, Bank. arising investments expense prior driving organic size and brand legal marketing were make the which branch Professional to timing assessments from in asset on continue campaigns. adjustments valuation now fees Changes projects early focused somewhat of of owned as we're growth adjustments our professional matters, and throughout FDIC upon X are calls, to our aligned the in acquisition on properties.
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We range. our periods loan loan we rate expect fixed loans looking increase X% digits. loan mature see single fourth And continued the in In forward, as low quarter, and to yields in the we in the new expect to continue coming growth yields the to reprice.
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allowance X.XX% or the for credit The available losses. $XXX.X of of that discount to on totaled credit X.X% or losses to totaled unrecognized total the acquired cover topics. XX, million prior remaining for Slide combined allowance to The loans, to $XXX million credit Turning loans with potential total loans losses, million $XXX quarter. is compared in X.XX%
On XX, credit quarterly at looking to metrics. trends Slide and
percentage The strong, Nonperforming and the classified of X.XX% of represent quarter assets criticized loans, total are metrics loans higher was X.X%. total we of and past loans total rates quarter remain increased the rate annualized. watchful the charge-off on X.X% over economy. the due of credit of loans. are The ongoing to Our and during loans impact to prior X.XX% accruing
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investment higher-yielding strong expecting of interest with $XX portfolio. the good with low-yielding By portfolio while agency considerable only we securities predictability to shorten, period opportunity were reinvested reinvesting an protected recognized prepayment small yield from duration selling and into X.X earn-back Moving were prioritizing to the losses and years. an investment The securities convexity. income Slide million and able proceeds, and bonds CMBS, into of prepayment protection add modest longer the to percentage sell portfolio. We a low-yielding XX on approximately bonds
yield $X.XX And in X.XX%. tangible the The changes per quarter share the the in quarter. securities million. This value The the values a position on points average positively. increased by result, by XX overall $XXX.X the increase contributed during during unrealized book rate basis environment of total $X.XX as to portfolio improved loss impacted
the and XX deposit to Turning Slide portfolio.
quarter demand Excluding deposits million distributions approximately transaction of deposits and $XXX the year-end, a Noninterest lower quarters. pace. expectation deposits, of which the $XXX slower to The than decline. increased long-standing remain of We and increase deposits highlight total first a represent continue growth. pace to lower to on this our keenly balances near and approach. of organic continues Overall, comprised which million. is several represent the of deposits brokered that the deposits of saw cost from deposits the our particularly That will relationship-focused quarter increase, trust paydown we accounts total by decreased at other said, escrow XX% in attorney organic past cost of focused in XX% X%, albeit for accounts
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XX% year-over-year. acquisition of We with a quarter new transaction number by accounts new continue to in increasing be fourth very customer effective
and balances granular have highly engaged us our low Our nature customers relationship a franchise. of average with long the history reflect are and
capital very fourth balance continues per the strong, Slide we're to be ratio fortress on in increase, sheet. finally, strong reaching value The to to exceptionally to committed And $XX.XX. continues to an equity XX, our of Tangible share X.X% book increased position tangible tangible assets and common maintaining quarter. our
ratios and industry. the the in are risk-based highest X Tier Our capital among
our In to continue well community to consistent, back call us Chuck, remain Florida's summary, we you. build bank. driving expense the leading to positions and management steadfastly we committed value shareholder turn I'll as disciplined
