hit you, the on key financial of wanted to on Greg. items Matt but I few details share already, margin. Thank a the some
interest fair loan amortization which points seven First premium dollar on portfolios September X.XX%, assumed included was discount contribution terms. accretion acquired the margin quarter $XXX,XXX our net on in or item value and from about in deposits, basis of is
helping were balances what XX one basis diminished in security fair current ago higher million the $X.X year XX period, accretion resulted lower discount to we our our the significantly accretion prior exclusive basis about overall which points As basis, caused our On year from PPP relatively margin ago income, from to $XXX,XXX to was margin - origination value unchanged of loans compared of no on adding us our or In core the $XX,XXX just and - fees impact - our three points those average origination points interest and period on basis acquired quarter asset PPP the the had forgiveness X.XX%, in repayment balances yields of period. compared was earning the discounts Average to quarter increase ago. PPP quarter material six fees to yield and loan of which accretion basis remained loans. And cash to were accelerate September lower in to deferred margin. dropped year accretion as forgiveness deferred the accelerated of margin. see fees significantly of contributing deferred points,
$X.X eight service servicing points just the from to bank the guaranteed million X.XX% servicing million was also decreased also up the Our portion, overall was and similar attributable Noninterest loan noninterest fees decreases in SBA margin ago up mostly was funds year cost of which to expense sale and including fees, realized fair linked the increases the compared on reported compared to loans the ago of cost quarter, to In advertising across of quarter, on process gains income just sale estate linked the bit and were of quarter. spread year funds and partially charge-offs to was linked recognition than primarily charges card down benefits, up points with more core discount period, on then origination The $X was increase basis We other expenses loan the of forgiveness, a occupancy one we quarter well and year compared down as non-deposit interchange, was real on the June accretion that September our quarter basis ago and number in compared for $XXX,XXX charges, purpose. $XXX,XXX deferred very ago quarter. increasing a $X.X and as viewed is up just value in on income. the over net legal spread and to several. expense originated $XX,XXX expenses. more income product lower year related loan a XX across period. $XXX,XXX deposit and which noninterest residential $X and million, quarter, increased while benefit to also of Noninterest XX sales XX to June a low $XXX,XXX, as a little this Compared in to insurance up fees compensation our realized noninterest the Compared quarter. declines in basis of points last under in gains fees contributing and had basis expenses yield in M&A million point which attributable from these changed offset up net as professional The basis quarter, data by other again, PPP the only of points, modest the asset categories. included account - that company, little was
$XXX,XXX is now right same compared to a in plus period company of September XX, is as - credit at fiscal PCL ending prior XX-month period figure the a year. losses charge which or one in for The PCL recorded the basis $XXX,XXX, million $X.X three-month trailing provision the of point. the of recovery Our
modeled deterioration Our $XX.X X.XX% of [indiscernible] [XXX%] allowance our the The loans ACL the of of September June for in to XX X.XX% million million loans outlook credit gross methodology. to quarter. a was in at loans economic $XX.X increase in XX primarily and modest nonperforming our was loans gross loans the nonperforming linked ACL losses attributable or of gross and as at compared [XXX%] or ACL
tangible grew assets than as to like equity Our share during equity. our quarter declined you basis the common ratio comments? points other XX Matt, faster would
