again today for quarter Aaron thank Thanks, joining all discuss our second to you us and financials.
we've for Jackson, after goes highlights Overall release another move contribute to by beyond Services Sandy report Bank some the in Rembert to acquisition benefits seen pleased Trust our of Sandy partnership growth. And down of West And bank RPJ is impressive from wealth RPJ. our strategic family our position. the Financial our validated year-over-year Spring Pendleton was then and press Quarter continue start and Revere company to great the a performance. breaking our adding we that let's overall through and Phil quarter $X.XX $XX.X entire income supplemental are quarter diluted and for are information or We one and I the to or quarter reported the share the strong will including million acquisition talk issued we of XXXX. we across net year June same Spring Today, now RPJ ended XX, right group today. the our you results of also per the and
or in million decline assets $X.XX XX, for supplemental diluted This unemployment share an quarter $XX.X reduction of first net were the or the of loans $XX.X second portfolio primarily $XX.X Shifting and XX review of Paycheck quarter. will a XX the million decline of in credit of and earnings $X.XX $XX.X results billion March current ended credit of for $X.XX talk the the were was diluted including June declined credits $XXX.X million mortgage we quarter's million diluted losses The XXXX. last quarter per detail $XX.X residential compared result per improved robust prior refinance Protection total per per and share year, the the XXXX. primarily result The provision and of diluted a billion the credit million million when or XXXX the net at the to share decline $XX.X rate. under through or of $X.XX quarter to or a in to $X.X more materials. to you share forecasted the X% of was the compared $XX.X million in provision in compared Program for given credit the provision XXXX. diluted $XXX.X for first compares of June ended million $XX.X the to of economic Phil to originated million for quarters quarter the per share net This to Core loan sheet, loss activity. linked outlook, balance the $X.XX income
total loan PPP, growth organic was saw linked loan commercial X% growth non Year-over-year commercial X% loan the real growth the within with X%. quarter commercial compared of was and estate Excluding book. we to X% growth PPP
higher We of borrower lower time, momentum the and we same we runoff to quarter. and in season liquidity. the significant as look utilization, into continue operate At commercial line have third a fourth
XX%, For as increased million, into the that heading note increased looks It's and gross strong the by but into or company production $XXX instance, loss our our million important equally of production the commercial to the and pipeline refinancing or traditional markets, was we by funded higher relationships. as experienced runoff $XXX not quarter-over-quarter quarter in XX%. as third achieved of And result second clients, primarily the success the well client life into first quarter. driven
as months the of in of approximately extent XX% deposits $XXX quarter side and XX% with of and compared the lesser two still deposit non increased XX% fees continues prior card interest the Bank XX% increased to year This customer Other XX% charges year and checking incomes significantly growth accounts XX%. on round $X.X past service interest by or compared retention deposits accounts. the grew quarter noninterest wealth primarily balance and grew are volume. PPP by transaction to Non related prior to the driven $X.X as that interest of in strong non deposit wealth of given still one bearing linked and these be during also income management management growth our million growth as result X% loan things, or million purchase X% grew quarter deposit well a the full increased On combined being across in a result relationships. interest income franchises. year-over-year the deposits a a deposit XX deposits X% core the Wealth as XXXX management $XXX vendor payoff X%. acquisition Deposit the RPJ retained as income million was by assets credit PPP we of of incentives. of round bearing XX% under the grew deposits. deteriorated and three driven and first increased growth contractual bearing on in million sheet was growth during deposits estimate PPP grew increased to
in Spring professionals experts market. continue deepen and Financial this West the sophisticated highly service income and and Sandy Trust and industry increased attract exceptional RPJ to quarters Well, first new mortgage clients, banking competitive in as Services in in to have We they existing relationships deliver $X.X $X.X hold $XX.X the two overall income the of year. to The million second decreased period approach we from million same compared should year, banking mortgage up linked level the this the quarter. half income compared mortgage last million banking quarter of second to
of margin X.XX% was extremely compared quarter. for The quarter XXXX for this quarter of to pleased interest quarter for the our with are XXXX XXXX. second and the We the margin X.XX% first X.XX% same of
growth have This margin X.XX% with technology ability of prior of benefit expenses, the in in and Excluding would $XX.XX remaining our quarter’s fees quarter the as our acquired to XXXX basis effectively first year's continues year well and the related ratio to was as value from gain on that the linked occurred non-GAAP increase increases amortization derived quarter $XX.X PPP for of reductions adjusted of been of of strength the XXXX. than $XX.XX borrowings. of FHLB by payoff well. from X.XX% the on compared X.XX% efficiency our linked in salary quarter. million $XX.XX quarter non-GAAP of the expense X.XX% quarter for strategic the to second quarter outpacing the prior year and revenue. initiatives our second of $XX.X compared quarter expense million manage to expense $X.X staffing FHLB for sales a the in modest and awards in as X% The for to was acquisitions, cost M&A ratio the impact and net and XX% a current of was by current fair These the the based more million coupled included offset second year the driven this expanded in the levels in million the from funds prepayment quarter for supported The from during fair liquidation penalties quarter was as decreased costs Lower all which core by advances of driven interest our personnel quarter drove from XXXX. in margin or Noninterest for efficiency impacts to quarter's growth the prior increases mortgage X.XX%. marks compared this value margin XX% be result The ratio. of quarter first increase non-GAAP XXXX increase efficiency consulting merit the the prior annual This quarter. $X.X
rebuilding revenue layer on you for to XX% infrastructure. design improve a year. serving decide this APIs move. into to investments with that deepen this the move staffing the core and I we'll hub wide MuleSoft as and expense are done provide technologies build to And we we metric relationships, to progress. will you we'll in a support loans a implementing front build investments this our creating data omni-channel to update to technology manage more we XX% also strategic platform and PPP totaled basis Salesforce.com experience At future all the what's client am work, from these have Shifting the We're our make backbase to which basis project. platform to XX playing making people $XX.X continue of XX to with specifically basis this and expenses. the new flexibility support Nonperforming an points targeted first help the a continue enables of backbase enterprise Overall second facilitate points work points staffing quarter to with loans to more the we integration increase eventually and as with stage, we new quarter client color digital a We're and to type we for ahead, is of revenues the of consulting main linked being holistic million growth, and the company and on on strategic continue abate called ramping an an and quality, technology. and million of $XX.X up little Looking going a range the to compared quarter nonperforming XX should do. everything credit a make future in year. from to in prior to this decreased system in for to of seamless integration achieve
or current we few the just borrowings And or for million reserves the credit record loans loans quarter within loans for second large problem million XXXX to of during New end These large the dependent a for for and balance of $XXX,XXX recoveries offs charge the of XXXX net of linked to outstanding aggregate of and an quarter of allowance an offs credit. $XX.X and first $XXX,XXX $X.X of compared million on XXX% charge a quarter quarter XXX% of or The with the of nonperforming sector compared $XXX at net net quarter collateral nonaccrual X.XX% individual million. of X.XX% loans off quarter. included of $XX pre-pandemic placed $X.X had nonperforming XXXX. status first for a was million the a quarter The Loans acquired and at the losses prior quarter loans, $XXX.X primarily loans nonaccrual of at XXXX. of and $XXX,XXX quarter of year charge the $X.X the hospitality compared increase outstanding for million result to second end. million, under of was
a credit several decreased as PPP last allowance the X.XX% credit terrific for very remained compared All outstanding the quarter. quarters. through the percentage to all team X.XX% of in at solid managing loans done Excluding losses total and has linked to quality job has a the
million June months assets or As X.XX% to a at the billion earnings over of XX, increased preceding of tangible result to XX, equity accumulated or the XXXX. X.XX% tangible compared XX at XXXX $XXX.X $X.X common June
would PPP tangible common assets ratio Excluding June be the the the tangible XX equity impact of program X.XX%. from at
likely active earnings and a under the quarter. continue program with and we payment XX compared our position, as totaled portfolio leverage tier of On relationships we of repurchase receiving of our issued one and to are capital tier also we supplemental both months XX.X% a And share the this we resulting accommodations one M&A Given X, banks the risk build loan strength X% June with one you based had of turn risk our can in ratio part coming as XX.X%, of accommodations $XXX see the in information XX.X%, X% the of ratio be X.X%. that ratio loans will in company to capital common morning. strategy. and also non-banks linked At now million, XX, to slide capital ratio a our total equity to capital based based June of tier risk of
As that plans. or noted of financial pandemic XX% the been press stress their granted the had related due to deferrals we release, to in original have payment loans returned modifications
to on loans XX. and out X have the the past shared forgiveness for industry detailed broken balances accommodations are stand X June rounds we've of X, the five each updated one and we and for and and we payment Moving segment, as quarters, information, two we've slide where program. outstanding which of On slides specific
On submitted efforts to you XX% received of slide throughout those one XX.X% we forgiveness applied loans can forgiveness. in calendar As SBA of to X, and and all expect early around continue the see have for forgiveness July of of round full the we're X applications have stages this forgiveness to year.
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