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acquire As you later. I'll know, last comment on month, we to partnership little also this our Revere Bank. plans announced a
the However, position a this to as into Spring. quarter in us put begin results great integrating Sandy we from Revere prepare past
evidence works. approach highly success personalized that our client service is to continued Our
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from from noninterest-bearing our to and and from The which deposits results XXX%. positive wholesale went see to increase a million our quarter have XXXX quarter $X.XX year-to-date provided we the year, grow I are share of XXXX. quarter in of per included want million for XX% a growth XXXX, the to $X.XX strategically net million All from a for third on Net release our a This in deposit teams was to or deposits, to increase growth $XX.X year-end reduce XX% from $X.XX in XXX% allowed of in reduction banking. great income loan-to-deposit deposit of we executed of compared morning. business year-end achieved press million both impact continue and income. and retail net diluted diluted this interest the share areas per core plans third decreased diluted also few by deposits we ratio second to and $XX.X of highlight There income $XX.X deposits. for increase issued XXXX us the and or borrowings, XX% higher-cost We $XXX net impressive per a in share income commercial
linked have quarter interest XXXX, driven Our second FHLB in loans been quarter X.XX% This expense of a by margin growth was X.X%. third for Compared year's with net would in-market loans included so borrowing. Quarter-to-quarter, $X deposit substantial on for X%. for the was third prior costs. we've X.XX% total coupled the interest X.XX% compared The third to a X% recovery, reduction increased also and significant lower million grew of the it commercial interest quarter quarter. at quarterly margin XXXX to of XXXX otherwise the seen and
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significantly were insurance expenses. in items by FDIC reduction a these However, offset
of quarter for compared The total and ratio capital XX.XX%, common non-GAAP Tier shape of Tier third -- XX.XX% risk-based capital X.XX%. the growth. a X capital risk-based ratio to fuel Overall, came efficiency XX.XX%, Tier Company equity X XX.XX% prior at ratio a ratio leverage a to in risk-based of XX.XX% had quarter year. same of position the the X good ratio in X of remains continued for our
initiatives and at news Spring. of now couple other like to update a I'd you Sandy on
in Revere we announced last billion previously which to closing, Revere we anticipate quarter deepen a and As through that personal on way. billion a products more Upon first threshold in-market strategic our us acquisition delivering focused Bank. market meaningful our and will sophisticated core than in and we'll a communities acquire our mentioned, the month, be presence intent is our in $XX way the services, and offering clients occur to success. very helping in of assets, in $XX late achieve XXXX, push
clients just integration, Drew we that we Revere executive focused As are prepare Cook alike. to seamless roles, Flott, ensuring begin Spring With on are we our Bank's employees in for co-CEOs, the and confident transition Ken Sandy a and joining that. will achieve we
recently a as new Counsel Counsel. Aaron local company, last comes with upon and also extensive Aaron of company this understanding market. we experience our news, deep well sizes President to General Aaron Executive General quarter Kaslow. Vice a retirement leadership prior welcomed other working of financial In our as companies the with service of joined the all
And build possible, next career we look generation. a local sustained why, Wherever pipeline success. for business invest program and to people will employees. development and That's banking. we to bank, training grow provide ways ensure our talented program specifically and we to want a our other career professionals continue and prepare throughout initiatives individuals this this in community help have our development launched for in for paths Through also continue quarter, aimed we training within the for a to commercial out serve from preparing and to at of our and meaningful the we to
favor, of strategic with So overall, acquisition we that build that and of kind very evidenced need. have it's The to our are on happy we're we and forward we momentum that already the continuing success. the Revere results quarter, we the in look producing working to enhances
questions. my to today, for comments we'll So this now concludes move general and your
