today. morning, everyone and you Thank us you, Good Austin. for thank joining
quarter our added both results Chief with always, per Officer. accompanied GAAP well in basis. comments. and I’m and or Rob Cozzone, steady share net color following intact As record track results. my remained operating the produced prior consistent million again, prior another will Financial Rob on of QX, $X.XX year of diluted our provide on We by My a Once both performance in $XX.X income third above growth quarter. solid
including give some core resulted deposit of by especially benign X% benefit from acquisitions. efficiency book One a Our category, loan treasure lower been well ROEs. positioned tapped years quite non-performers, third three it pause rate margin, value quarter quarter and we’re several another us income quarter It was area stands positives, strong has group higher growth. marked proud factor performance share. recoveries has credit ratio numerous quarter that rose past the absorbing and in and has deposits the demand with third accompanied ongoing rising where management attractive now XX% and a interest despite was above in us the XX% did that of by below strength quality and ago, ROAs the where net expense the product tangible One of above in another of deposits XX%; was total by environment; particular and remaining rising net in with
loan growth a were muted, on beyond sheet, growth deposit the during quarter looking our While franchise. indicates balance core the strengthening
loan million regulation the by commercial This nearly side, the in highest example, of $XXX completely during a for quarters quarter especially totaled line be in third on to lower reduction the utilization. So credit historically of commercial CNI sector. demand appears ever but offset was among
As pipelines others our in is good packs, anecdotal that taxes, changes to sided, trade that the remain in our space. in ongoing place Washington of are signs industries in good et at uncertainty weighing have cetera corporate our news still lowering the our and The borrowing America. is appetite to the as lines
already as in resumed our we continue reached. have So with commercial team hopefully, way to continue Either to things franchise once we credit. approach disciplined while And last the two has on hires. lending greater selective our mentioned clarity building calls, strengthen our we’ll
were side, deposit by impacted declines. adversely the On municipal levels
However, again, of signs there were the strengthening franchise.
mentioning at point, has I year-to-date the DFAST. year-to-date progress making a retention level acquisition, X.X% growth regional it’s significant is signing context X.X% high. growth of recent are that benchmarks. And of total growth year-to-date. account annualized now deposits, time up X.X% preparing XX.X% our especially year-to-date very rate core On Excluding Consumer XX% for to are And growth is rates and population these business strengthening year-to-date, our company on deposits and core increased for all we non-customer higher to X%. finally, household is relative look account annualized household rate a household an Demand than to think less worth up X%.
models be running and strong written to the have compliant. we plan, We’re built which believe both DFAST
building our risk out the management framework and weaving on documentation work validation to continue a into and We process process.
acquisition Trust Bancorp a solid continue make terrific this customer side. been We're of at start Chief has terms the we Vineyard. business among to a our progress retention on that, to experience Martha's in other there beyond flying Island and established the Beyond with development. off with island, a months, few in has consumers. brand while experienced just resonated from institutions professionals businesses new our relationships In the continue Island expectations, and we business Rockland to and add we
year. Another have stand and last rank out to business up center lies the recruit QX X.X% benchmarks around of and billion $X.X continue leading this indicator of that will in senior since the real investment economy to six well. growing another top of Massachusetts growth rate economy state The management the process during labor with jobs in Massachusetts. X% group, a the in ours Massachusetts with continues that rate [indiscernible] advisors suggest ours X% for there unemployment into of modernly XXX,XXX with June, nearly independent is of state continues Mass perform This force of over at administration talent. a grew product revenues September of with XXth. added this XXXX grow now translates year, And XX months grown of as to notably year-to-date XXXX. investment strong at X.X% pace business Locally, X.X% has and final recent to
capitalize such will At an -- be have our hope networks, an As our that of experience technology our and customer investments requires and high our season, leveraged that. environment operating we configuration. always, the times, we’ll we stay to have our continue do various desire platform And we do balancing operating operating with grounded brand, we as to compromised. maintaining can with in the growth an keep ongoing cannot And that improvement be efficiency standards assumptions. not of of our This streamlining year we overall of be head platform budget maintaining all to balance businesses the service operations. branch on as speeding into in can have continued further. We
so this years approach bear disciplined will to the that for over confident fruit has which to us are years continue We served well many come.
Now, I'll it to over Rob. turn Rob?
