you, Thank Joe.
the point in little and hit has quarter. have first did reduced we Just earnings insurance certain premium have expense release our as page the credit unusual quarter. the of highlighted back for the fund premiums. out a over expenses sort The thresholds coming to we a benefit that our to reduced us, so of wanted FDIC I $XXX,XXX and by on of a in those things insurance We couple a items that
of on reflected additional some have those We couple in did write-downs two about assets. those valuation write-downs $XXX,XXX expense a assets there was of also foreclosed on that
a As interest earlier, bit compression in did our margin. of net see little Joe we mentioned
were higher, X.XX% and the the percentage little third that percentage, margin quarter We X.XX% the compared As but was last third a quarter the in were dollars and in second X.XX% at to a year. bit the quarter reported in lower.
we little our and the Federal bit rates have So have other and come of investment Fed on like interest down. we at have so funds the that, rates lower earning assets, fund a Reserve securities that things
we ago. we deposits are that, so little a In rates bit were of are And where year our sort flattish of paid decrease seeing on other borrowings. a from a and
little seeing areas. of bit from we those So a compression are
bit income accretion yield some had we quarter quarter little year. second last the this have third that a third in and was did higher We in quarter than the
of basis to income the XX FDIC pools. acquired accretion related margin on points that So additional or loan
said quarter ago, from before, this I the amounts were also year the we second of Like where a in dollar up and were year.
in So to margin dollars, but little we’ve the bit increase of a with back come percentage through continued little kind has of bit. a push that
year third did third the we was - just a income did our in before year that related quarter In interest swap. - this late know, we’ve included we that our you and of last swap income interest talked rate about quarter, over to in $XXX,XXX the
compared our difference on are now So a so XXX that’s receive so and where what that, we settlements in LIBOR that swap in the the counterparty current about with rate there. that rates have reflected the that amount to we - is net points basis are that
compared the year income income financials. non-interest did quarter. the non-interest We ago The have lower of section to
remember, and in sale about you’ll the million that last As $X.X deposits year-ago quarter, on gain quarter year. we Nebraska, booked the had of sale a the branches and we in
have this some we to obviously the not again that So of related year, decrease had. that we and did
we or income end that entered contracts on for little that throughout offset last this as the the a higher a card did also, We beginning we’ve the the at on with of little year of during quarter, into income sales beginning to - bit year, our higher this little debit bit loan related year. a in profit bit activity had some at
from And credit then related customers quarter-to-quarter little have a in also counterparties, third quite interest we income income swaps we that will and with and also on bit of of some we our certain this to from did into tax the bit that of fluctuate income. a entered quarter, partnerships exiting rate And had.
in So did definitely this all we some that happen there third was some year some every and of those categories, quarter. from good flow came in that. not through things quarter, income nice those But of income the experience of
our to Non-interest been priority, to and expense continue a able we've that. make operational and and we of containment kind expenses of efficiency do
were compared last quarter year. $XXX,XXX the to expenses about Our about of same non-interest -
a credit area Salary, said got largest the a decrease employee those little off of bit we term items probably have the final expenses of Like our those because and and lower the all I amortized $XXX,XXX costs of some plus met acquired benefits, their insurance, acquisitions. FDIC increases. on then now on certain of did the of intangibles kind before, our intangible insurance back asset, we have deposit, amortization, in we and for
as, the to XX.XX% we’ll up we was where toward But ratio had. Joe it was from from good continue to this second that. continuing the large and that’s of like the feel quarter, efficiency because last down it’s and in efficiency Our of in year we're look down that make year, quarter gain progress to we said, on
looking going update was on both seesaw throughout year briefly I the few at thing last working through We've [ph] things on are and to mention been the to is analysis, right finalize we items. an and with our off-balance our Based unfunded just sheet continuing items accountants that a sheet on-balance One now.
we impact an that and of and combined, all is [ph] XXXX. unfunded we our seesaw us. be of we of kind that adopt for at equity be - beginning that But overall, have. to larger impact probably expect commitments the of going in decrease X% the to to that's And X% loan The the with balances impact things when
that So entertain And remarks this time. ready questions. prepared think our I to concludes we’re at
operator. it I'll So to turn the back
