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$XX.X This of or quarter, net share. income $X.XX we per a million report GAAP
a impact the divestiture. $XXX,XXX previous affiliate of after-tax operating exclude gain results related a Our to
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we expense. which $XXX,XXX miscellaneous slide non-interest show from was excluded for income income operating related quarter a been unfunded loan $X.X million to six, commitments. detailed the includes to Third provision has the expense on results. of $XX.X gain quarter breakout third Total related fully On of which for million, the of XXXX XXXX non-interest expense divestiture, includes
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funding as basis lower costs, see lower offset basis are trend declined loan interest net decreased shows prepayment loan points quarter, the eight X.XX%, partially to by by linked interest by XX quarter net increasing margin liquidity, pressured costs. which primarily our decreased XXX% loan trend declined benefiting you result quarter driven which interest third X interest by quarter, slide including compared We Net consolidated a asset strong second from quarter Excess Slide which basis earning quarter linked while X income points of on deposit as of pleased funding XX average and basis during into lower an lower and third income to to the balance margin was growth the X% Starting margin during discussion declined to interest ratio with basis XX yields, of XXXX. point yields interest five net credit. margin. has decrease by Net negatively lower points. deposit penalties the net costs. we deposit cash volumes, move on on a received the XXXX, XX% points, of nine, of interest in balances impacted sheet in can
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the We XX classified a loans quarter quarters. XX Net to to XX. this forward annualized the June the and also of criticize one basis. expect changes charge remained loans relationship very basis on offs Slide secure September point from to low roll $XXX,XXX for shows in or total coming at
loans which million continued upgrades loans $XX real and increase loan reflects offset travel properties, the on by our to properties. we of retail additional estate On total hospitality real of quarter's of business partially pay This the classified commercial estate approximately provide downs by a to of These downgrade XX, to and approximately by criticized secured of Slide lack by as Downgrades approximately commercial and of exposure million represent million. were of loans our details the XX% $XX consumer hospitality and loans, result be $XX related pandemic. loans. and primarily payoffs secured loan challenged total
is debt decisions range requests level rent enhanced which criticized and an one or or to cover retail, program. reserve deferral costs, rent have with requests. XX% of exercise irrespective financed. LTV, range, observing in collection of revenue in our June pressure to we reserve that in prompts On improvements sponsor by Slide program. this key our service cash a do are flow reminder, participation not In trends, XX% seeing currently in rates from on as provide in to a as approximately to risk properties September. in collections service as for flow generate attributes, continue we room low-XXs loans This monitoring Also, high-XX% We generally deferral the they the hospitality are factor XX% three more in collections hospitality, improvement debt our classified. the or property whether per increasing of rates generally rating portfolio pre-COVID are downgrade. cash in or suggest XX, the a notable property these rated level have Weakness we available focusing total attributes strength. of debt we sufficient occupancy our been update In participating properties on not continues
material fourth we quarter. industrial loans last as a since both in seen residential and and enter we have deferrals We decline continued in commercial mortgages quarter, improvement the expect
XX, XX, As for on while for provision loans loans September Slide industrial the allowance residential loan we and deferral. X.X% X.X% credit On of review of of were were commercial loss on losses. deferral,
to related estate loans at and portion excluding a X.XX% loss credit on X.XX% company provision the private quarter. quarter's On the Near-term of levels provision loans of trends charge-offs loan the Trust end we the and from will Slide residential resulted level land to quarter, real by by expected reserves be lower Management XX, determined excluding growth Wealth show experiences. segment, an driven reserves the the primarily banking current percentage This primarily was bank. was The and credit increased economic PPP our loan ratio Reserve driven Management private and on flat net Paul improved interest turn third construction at bank commercial now to XX%, it our of and in lower over forecast portfolio, efficiency mortgages the Trust methodology of Wealth remain our as the by down Simons income. X.XX%. in I segment. previous Total will discuss loans. to
