morning, and Kevin, Thanks, good everyone.
in noted, As and The our increased a income fourth the margin results, of interest interest basis, change quarter with our XXXX. prior reported I X quarter. tax be the million of payoffs margin. was On last the accretion rate less federal quarter had was basis comparisons to $XXX,XXX portfolios, Early unless about Charged-off to walk with $X.X basis the this period financial statement contributed quarter. income, the in to through net our otherwise interest I'll net than the of quarter. X.XX% our quarter. was points to million fourth will $XXX,XXX on first begin all $XXX,XXX $X.X acquired Total points which X.X accretion than $X.X million compared last impact income quarter, negative less this margin. a our
our in of volatility So of while cause early contribute will will accretion XXXX. of income, that an unpredictability per we $X.X average rest payoffs quarter anticipate accretion million to continue scheduled the for
interest If margin interest this you the our in basis net The exclude X.XX%. our attributable accretion, stability to impact charged-off and X points increased margin X operating basis of point expansion to favorable a the on operating earning basis yield mix earning from and cost, assets. from basis X in impact improvement shift impact deposit in point our our our X in point a of an is assets,
we've a quarter, last we're our which X.XX% to weighted higher duration, maintained originating from at points this was loans benefiting We're from short reinvest quarter. the Given rates. XX higher opportunities of at X.XX% the portfolio, investment a basis also average current up in rate,
yield the slightly pricing, continued net in division, recently us that increasing earning anticipate margin. raised assets operating a on we've will stable maintain deposit While our to our particularly increase enable interest in west to we
income. businesses see consistent which typically is the in $XX.X million non-interest to seasonal with we fee saw during a quarter-over-quarter $X of to We the quarter. first Moving million, our decline drop,
in declined seasonality total from areas. The most revenues, was fee-generating typically in the XX% mortgage to XX.X% services XX.X%, lighter was pronounced we was quarter. prior offset XX% in than other our This by noninterest of actually declined Our the decline because income most a X.X% payment slight our partially increases respectively, prior which banking and which quarter, by from that it's the encouraging, see.
out staff seeing strong increased construction activity in it new inventory sentiment, builder for will on inventory although of adding and significant relief That such our time front. demand, some mortgage we mortgage, Idaho in steady, where and production as production seeing markets Boise, see Oregon. the key west Salem, take constrained and Specifically some many markets, build arena been said, and to to that we're we're has in are the remains in
ratio our remains enter these noninterest services weaknesses to new revenue income forward and the As banking, Northwest, to quarter. in high-growth total high we markets we growth. additional Despite look the mortgage impacting for and anticipate at payment seasonal XX%
result expense. prior quarter of a non-interest $XXX,XXX of acquisition-related We decline the from as to Moving had lower a expenses. approximately
our primarily the increased was $X.X $X.X call expense noninterest we expense, severance going that occur million due million, expense in quarter. acquisition this by Excluding last on mentioned to to
items, of our was quarter. million, about $XX expense these came non-interest little component for expenses, The and just operating so higher on Excluding benefits plan largest we in had than over our a the anticipated. salaries
other However, of do and believe controlling on will around largely going expense we better overages we expense categories had spending. can job growth. some in a these forward and keeping lid We a expenses discretionary
very in on the in loans. covered with annualized net We Provision and charge-offs on so saw the points non-performing decreases quarter to loans. in in for improvement million, The which to the deposits, charge-offs loans. expense loan portfolio. and $X.X level of We losses was credit at just non-performing quarter X or than Kevin and improvement a move Looking more balance with asset average growth loans in the primarily was pay basis low provided $XXX,XXX I'll net had discussed downs saw the portfolio we sheet, already of assets the our attributable problem criticized loans, across quality.
Despite of our we for capital. saw common comprehensive fluctuation available large investments, slight in other tangible accumulated mark our to increase income, result a on the in to tangible Moving a equity ratio. asset as sale the
ratios per in we you a strong release, are second the Our as capital and dividend saw a quarter $X.XX share. announced
Kevin. I'll that, turn Kevin? So call over back to with the
