credit Thank position on talk you, move Joseph. the the and to a of analysis. We'll numbers, forward some of deeper some including dive
our that raise. preferred stock been X.X% that the was second basis approved. June, business the for There items remainder If XX pro shareholders shares, conversion to you can that's that you is increase capital Joseph an March a see is preferred the for the the X, were so shareholders assumed One ratio points mentioned that's some from some CETX actual, that. CETX approving Slide for were forma converting XX.X%, And has move the about converted associated and of there's authorized of X those in regulatory the approvals common. then of items in to gating with transactions our
servicing did week. sheet closing points about us premium gain capital this of receive billion final Once points small a the basis that separately, portfolio, balance pretty business. on for that increase of billion warehouse points then And about that business is the and about rights, held our and carrying which risk-weighted ratio quarter. mortgage basis earlier received balance then with high that on as the mentioned, $X.X will with associated then XX removal and a in of roughly transaction And Joseph the sheet we the in we this for increase basis an the the that's of that's sale a the increment of get servicing XX mortgage asset cash XX received about on CETX. on roughly will result asset the And associated $X
have a on of We our lot don't securities. losses unrealized whole
our on category in the see as ourselves that's find securities through have. detail peers. which There fairly ratio cash can and slides liquidity strong X are mentioned, to to Joseph is what that that unrealized CETX back the go a fairly And you compared adjusted So liquidity -- strong nice position. XX.X%, further we position, at our loss do for in I'll
we transaction, you included was the mentioned Page adjusted our the forecast. the Those were have was that We business now had warehouse were last transactions transaction. those now we've separately, quarter, potential clear are that asset that forecast this and And we recall, X, not numbers there that. for about about, an for in adjusted forecast. mortgage a if in for then reflected the On we spoke transaction
redeploy our of transactions lending those expectation peer capital the the that second in achieving X in You about result of see XXXX we that's that into the of as out quarters the XXXX median businesses is the transactions. we push quarter from returns 'XX and generated
into book see You XXXX. between value count at on see the have look $XX think those a we And as $XX.XX 'XX, that will we warrants. the slide our per a per There share come the exclude is terms and that be numbers on the from in long-term impact tangible can that range. to and share growing out basis $XX of share of the 'XX end impact we an And of do would to $XX share that warrants. about the into
our shows charge-offs. reset has rates result that of income interest portfolio our of -- can for resetting a couple provision quarter. slide quarter, experience expense have interest interest principally From that's have next net the of we're $XXX end our where result a as quarters. those margin, metric and and On $XXX of you the dates was million the loan few loans we'll our expect given wind get over shows that provision show we today, slides the we'll of Page expense, did current next total X, $X page growth a to in you does that more the year of we in at our the on $XXX that that for for XXXX. expense between is net a the will forecast see as provision record provision expense a The that standpoint, a their through years. significance of that couple impact rolling million as the We up the for billion do are million of from that year-to-date We'll
but expect loan to growth, increased that as not provision will XXXX we anticipation -- have into growth to have we for that only loan we have that market have related do through in conditions, C&I have Because an portfolio do and the growth. current will XXXX we loan provisioning,
start have Slide of and can is quarters we things XX, to talk we about turn really the you results one the several of from the some credit seen portfolio. to our last strong results If terms that of in for payoffs on -- CRE
find maturity they dates, So so simply using have hitting retain as reduce working in also -- to borrowers to dates, those that reset we we're that borrowers, helping our that, hit are you $X was that those move right-hand reset had as And the sheet. have to -- find side, the that loans on quarter. can And and -- estate billion off to you date concentration see the but balance and was we're classified and commercial our of exposure almost payoffs we these in our where We relationships they of balance we CRE are on sheet ways shown multifamily. that from our deposits, bring amount those working borrowers certainly the in real can X/X portfolio.
to portfolio. options were in payoffs almost -- dates at the at of mentioned, And of to quarters, pretty Joseph at but of the payoffs the classified as find of all we've borrowers the over ability borrowers those out of to and as last marketplace were quarter moving aggressive couple So classified to come loans par. their half they this those over been reset repay are looking able and our
payoffs. weren't And so they discounted
On respect portfolio with to is update an our Slide XX review.
multifamily -- through XX% made of $XX we've had last our way we've As portfolio, a made weeks, At been the few quarter, only about billion. but way review Joseph here through our mentioned, includes we the about Total of we've portfolio and through a of the $XX detailed that XX% principal the this on. point, balance that XX% billion in portfolio. of done we're
You by broken can portfolio the towards out bottom. see that
continue about to -- $X And it's have be loans, billion which million that. generally the to office, on review. at office we only of of remains are less We portfolio, smaller The remains slides under have and with portfolio to principally seem high respect detail a risk. only in couple we about level very $XXX review a multi-family balance
our Page XX, portfolio. multi-family On
the just million see trend can And X%. as I You perspective, had continue. expect quarter. year-over-year, a singular in we're $XXX we X% quarterly we in that do down down importantly, we're from But payoffs a of mentioned, to quarter that
how On you the the continue I'll And borrowers as reset we over to encourage expect to we next show X page, much those next find other options. hits to dates move years. forward,
an and Over upside they X.XX%. loans important strong reprice our from hit and have X.XX%. into is $X.X statistic. trend basis. will there up dates. of that they rent-regulated this almost And of reprice off, of months, payoffs XX repriced past the a billion, we've their an multifamily our I had that billion margin as those When from -- almost $X mentioned, loans net X/X XX% That's paid, have reprice, will on a go-forward significant That interest to average continue, have
from second our we the in annual This updates receive for quarter, financial their -- borrowers statements. quarter, did did we
received have portfolio X%. about increased interestingly, the loans average average, over NOIs XX% have the between X% updates We we've up on. X/X and on updates NOIs year-over-year. have decreased of and that X/X are of on About on And those NOIs the increasing annual
reprice. the years, in loans over can potential then bottom on you next excuse -- upside is remains balance to that the review, we off $X more and have portfolio. concentration sheet. $X 'XX, those roughly the of XX opportunity $X Again, you there's $X.X page, loan decrease of reprices CRE billion that billion well The the then right-hand under as average that in can roughly review billion about those of -- million. see we see remains me, far side detail on under and now in on that's billion margin sorry, and It the multifamily significant $X.X below into balance 'XX Slide the billion. couple work as as the I'm is 'XX And $X On
recorded now. Our have XX% last a where through only office gotten portfolio that was that bit those we the a of The space the a levels. loans, and properties experiencing significant loans, also of quarter, had the a the we The resulted on $XXX of that's focused -- terms result portfolio at quarter of right remainder quarter. portfolio those through on reserve this because quite with charge-offs XX% significant Page that the loans. XX% was for were there quarter. it that's working of balance loss lot in million on is level the on of And of through last or XX, stress level we loans and was about order of in between that those pretty and we appraisals market large simply did the We're difference of about That in loan really receive X.X%. this expected is being The associated charge-offs so. XX% remainder we occupancy
On XX, portfolio. set non-office pretty It's a our loans. of diversified CRE Page
see can You on bottom have about made that loans. left way the XX% our of we the that through
They're half very remaining. the that So diversified. are
vast loans. those balance You not can York-related New $X.X the also million, see are the only is majority average of and
up Joseph XX, losses loan allowance X.X% Page our for mentioned On total to that portfolio. of
up loss the and from in office Our That's recorded multifamily is quarter. in as with the about X.X% in the total result we charge-offs X.XX% portfolio. decrease loans, I that the reserve allowance as associated to up with increases the of credit a of the the mentioned,
will loans first Page you identify in increase, from bottom billion. million the worked mentioned, around on roughly shy $X a asset quality. just recognize perspective to loans, hard nonaccrual problem those of significant them work fairly left-hand and XX quarter. the $XXX end That's quarter towards the Joseph side, some resolution gives up we
to million come had a data up delinquency the of in roughly quarter $XXX that Our billion. to But second that, current. spike $X.X has subsequent
million. delinquencies the $XXX about So only up to the on increase is
nonaccrual their their loans impact recognizing over We've the payments of potential XX% loans, are the well been impact just repayment. CRE property many are current cases, nonaccrual loans the in pretty portfolio, of actually of those the on from on us of are the XX% the current payments. that actually the stresses ultimate on market on in values, which, half, on becomes aggressive in source Importantly,
good a from in had a not story XX, had which perspective, Page successful On premier have an there some perspective, in new deposits we have bankers our where been some bank, bankers. business, customer $X.X that roughly raising departure concerns retail billion associated the actually on return we quarter-over-quarter of sheet of our But in of our and very connected gotten $XXX really We've with increase our seeing relationships. we're growth that to the particularly space balance only of a with new as about as been our really million private products, deposit and out well dollars deposit where for customer the seen have quarter. the space as base, in private
Page shows profile. XX our liquidity
significantly of success pro our result of in warehouse $XX of gathering $X.X already can liquidity. bring billion The $X sale strong us will billion about sale deposit You mortgage see against net that total forma about the The billion. has increased will position. a reduction liquidity
so. reduction of borrowings drove reduction incremental we of We the the days over and begin or will into wholesale that into some will that anticipate next -- the XX to liquidity redeploy we warehouse, XX to of
financial our for results quarter. the has XX Page
$XXX that again, reserve for driven and net provision $XXX quarter That's loan shareholders see for roughly charge-offs million loss the by the was principally can $XX to million, million. losses $XXX our that's build. million a You of
pages negative point is of earlier impact and into on the I that impact with that had point pretty interest net nonaccruals, has margin. have forecast to carry Our did ended the margin rise, basis, quarter from associated loans obviously, And on significant as X impact basis a X over the about to reversals those on the X.XX%. margin years. nonaccruals couple about pressure at interest numbers baked basis next X a go-forward mentioned a We on
on sheet on will of a that and bit -- and balance in would loans at on That debt the the of transaction sheet. we billion. sale we ended we mortgage in the the warehouse third in that is a cash as expectation reduction as quarter the then Our my down third good loans closed of balance the $XXX chunk go the -- with of close quarter redeploy associated paying down sale the warehouse sell
So of perspective summary a as of from of through sheet diversified into capital a numbers sheet, estate in the move that shares addition positioning to period opportunity that the into redeploy uncertainty position overall, ourselves forward reducing risk a capital the the to and commercial we more a then and story balance a a simplifying real from go moving on and to focus commercial operating strong balance lending portfolio.
Joseph, to I'll turn it back over you.