losses. I'll as John. on as margin, non-interest expense highlights cover income non-interest well credit and some provision for a Thanks, and credit
million remainder by on Core quarter per QX, all X.X the net shown million. interest due stronger improved the totaled and was from to net day including Slide which excluding net income PPP accretion, accretion, was interest XXX interest day. million count to an which additional X.X XX, due As income for income
and deposit funding growth improvement in loan continued improve net core helped costs our income. Our interest
X.XX% but QX. yields down XX QX, loans PPP were Loan QX from excluding for loan XXX. basis margin points to were net Our X.XX% yields of with was slightly up flat
from yields were down basis QX. XXX in QX loan XX points New
was of and reminder, to QX XX-year Overall basis XX a declined average As X the XX, illustrated on points XX versus as basis points basis QX. in cost Slide funds Treasury down points. yield
PPP growth excluding loan Core XXX million. loans was
CRE XX Single mortgages residential family occupied followed owner permit at construction loans in the by excluding CNI XX million XX and consumer loans per grew includes Our which by million million. at million, quarter. declined construction by construction XXX
at remained Our pipeline and commercial strong X.X end. quarter billion
of XX, on have another we Slide note As loan good quarter you'll production.
the deposit total total over million of grew basis to CDs. million to points and a X reduction X XXX side, in deposits cost $XXX On deposits basis after our points, declined
of to by the cash deploy securities versus loan continue grown QX We into both million some XXX securities excess growth balances. and with
we investments balances securities As you peers XX, peers sold Slide above can to below assets. see Fed and assets remain on funds and assets and XX.X% of to to our moved And assets. were of well cash in XX.X%
powder. have to dry continue we extensive So
on note and XX. Slides Additionally, profile historical asset low and sensitive beta you'll XX our deposit illustrated
XX volume that down with loans non-interest income X total XX, third up QX. levels improved record returned sold a secondary from improvement was well XX% It’s last purchased year's non-interest After last million was our levels historical from million slight billion of in XX% highlighted margins on market margins the We from income, income X.X volume. have million quarter's more last sale QX. year's to quarter. record Slide Production X% below million to with consistent of representing remains gain by Turning from on with QX. XX.X of mortgage banking X.X
million. income system conversion. Deposit XX.X our of to QXs waivers attributable quarter was million from Turning last fee to down correspondent which some Slide core XX.X billion, increased fee is X.X associated XX, income also slightly with
date increases, which of QX million, a merit in to also in quarter referenced, expense, due a approximately of Atlantic for down John is Our as total was occur Also, were a piece QX. expenses NIE of our health a and quarter full conversion reflects spite now from the on of activity. ORE refined second the to than related expenses merger Capital non-interest XXX.X rather issue and million of claims due X. X July QX higher effective loss acquired to excluding XXXX expected we've sale zoning insurance
our was with So and months. modeling costs this XXXX back to pushed realization a NIE slightly few of by respect much
discuss respect to for I projections to losses. allowance credit forecasts CECL reduction the with us in and These in allowance improved losses impacting the loan drivers caused million. to for record $XX.X improvements economic credit, provision a negative loss will another of economic led our now
For this conservative baseline move to XX% than and weighting more at scenarios and at versus in decided scenarios Moody's SX CECL Moody's the SX underlying in we assumptions with economic and quarter's a X/Xrds, quarter. X/Xrd slightly our XX% to reviewed weightings QX of the modeling, baseline last
XX, offs point average of another of On had less shown quarter charge Slide on net basis we or per cumulative This loss results net points with that than brings our basis offs. note, an to X X as excellent $XX,XXX in quarter. five-quarter charge
past classified and dues assets NPAs Our remain criticized low.
loans represents loans XX remaining for PPP Slide excluding XX shown XXX basis points. unfunded and basis reserves points are are points the XXX ending on basis we unrecognized discount acquired and XX million on including reserves the or commitments, another Our
our for total repurchases and Turning We limitations, meeting pending more the XXX,XXX shareholder with activity Atlantic repurchase XX. Atlantic is shares warrant was the October. were in to during Safe Capital November Capital capital, market muted the XX,XXX announcement of and with out quarter QX, early until merger after Harbor the an in additional shares of which scheduled
Even growth total X.X%, XX.X% XX.X% leverage remained ratio the per the at share strong, of up a repurchase over CETX loan with of with year. our and the risk-based last ended at and increase capital in quarter activity, TBV XX.X%. ratios $XX.XX capital
few quarter. highlights I'll over Capital's now give it to turn a to Doug on Atlantic
