results Thank final decrease is I'll for Matt quarter, you, which joining quarter was This some in of us. net our morning, with start margin for Stefan. we everyone. Funke. off fiscal Quarter-over-quarter, Thank financial our highlights income the is year. Good noninterest a June and expenses. the an you bit as with in saw up our on small move in combination increase higher interest profitability a
quarter. our challenging on and $X.XX share grew it's diluted. per book XX.X% In linked quarter year. $X.XX per higher the environment fiscal March deposits, up the to our of but that down XXXX its during rate earned tangible the value are impact quarter, June we we by XXXX the report That's we Despite pleased cost June $X.XX share from from
we earned year compared For fiscal 'XX, full $X.XX fiscal $X.XX to in XXXX.
if excluded Citizens sale noninterest credit earned 'XX, or $X.XX earned $X.XX expenses, for $X.XX fiscal about would realized had losses $X.XX. so on have the have the XXXX, in we more Excluding securities, of about provision and would we losses more merger-related while in we
book margin growth figure The of on over last basis expense value revenues. per as fee Expense primarily by our last net decrease to that mentioned year's growth and income due has increased exceeded a exceeded months. income or our share reduced $X.XX interest the due and $XX.XX to result growth XX compression. also loan core an that we growth was Tangible NSF noninterest income is from that adjusted XX.X%
to a release, position, we the $X.XX we also of in Due over our a If by dividend, X.X% with would XX.X%. is improvement XX% out have impact our just annualized an XXXX quarterly loss and tangible executed were back about of the $X.XX or as fiscal our trades year-over-year book earnings the strong AOCI, both to our we value $X.XX the increase after-tax increased our results share announced capital bringing rate. it in which to year or
compared to quarter Net down down in is decrease the XX expansion but X.X% due assets margin quarter Net was margin. margin reported the for interest it's by compared earning decrease as costs, of linked the was X.X% Due however, average 'XX. primarily deposit points. a more as quarter-over-quarter in our interest third net X.XX% offset basis the interest than net X.X% to year ago, the the X.XX%, the up quarter to income in increase margin year-over-year, for same fiscal to interest
up quarter sale fee to ago. expense to to current gain the income, loans. the Year-over-year of including just fee same on for a Noninterest income partially quarter quarter, income realized this of linked due fee down linked to for was was and or $X.X was prior compared the on due other quarter XX.X% the quarter seasonal to compared XX.X% quarter income and the million up sale losses in X.X% loan reduced year the down the realized securities compared quarter. Noninterest the X.X%
job like our of more parts expense operating picture, a good within moving give expenses. we has the The of big detail later will control. feel Stefan done on some team
June On increased sheet, or gross year and balances compared to by $XXX the to compared X.X% million a March X.X% XX $XX balance or million XX by annualized loan ago.
balances to outflows the growth. seasonal equivalent loan and decreased strong Cash as of of due March compared XX, June deposits million by XX $XXX to
million opportunistic book During an some just the shares stock of quarter, repurchase over or had our activity we about utilizing of June acquire to than more little XX.X% XX, a $X.X price average XX,XXX at XXXX XX% value.
loans classified to than earnings, $X.X to or of loans. about our quarterly a compared strong, million and down of at adversely X.XX% points improved remained $XXX,XXX June of were sequential Nonperforming with million the during loans X.XX% quarter, In basis they totaled million more little of credit $X.X X XX total has quality a or $XX gross quarter. loans addition decrease last
loans comparison, XX a March or at compared little million points on XX June gross ago. million, March loans up basis delinquent to gross to on down points million and from basis year loans. compared due higher basis Loans $X.X were days 'XX, loans, point XX points were were XX X total June and year nonperforming XX March points $X.X a a to more loans basis Total $XXX,XXX X XX compared basis XX, and point X By than XX basis up to on than $X.X ago. past
prior $XXX more ag a totaled This were total $XXX loans. down and little of real X.X% our total to and a June $X year than quarter, or ag loans of production to down Compared about estate just estate million quarter were compared balances the real real loans X% $X equipment ago. or estate ag million ag and million balances XX million over down were end, were they balances
were Our due $XX million production mostly, up $XX seasonality also were up year-over-year. and to normal they equipment million quarter-over-quarter loans and
due planted of ag and in more harvested planting and in to with our borrowers began August corn earlier expected September. maturing soybeans Our the to report be weather are soybeans lenders corn XXXX as favorable March conditions as that majority and early some well were in
and June to weather down chemicals hold costs cotton some irrigation of for soybeans, costs rains for progresses, hot but irrigation heavy as weed are summer leading the fuel to was insurance. a conditions wetter in crop and increased Despite with replanting control. damage helped through required dry while, manageable for June The that
seeing increased cover on farmers lines fall. The be when are earlier loan lines credit start could to of annual that draws XX crop supplemental were means our planting year. costs, down We this little we to of renewed year June this season the earlier higher and a already at preapproved ahead with for returning also that some than balances are also last lines this this paid draws higher
delivery better pricing Lower challenges borrowers given pricing a farmers advantage in decrease this corn Rice for spring commodity this and take crop Although their led 'XX. delay in corn of we of increased overall prices in of see year. hoping could to is good prices sales our acreage most some with slightly advantageous for the condition. to acreage dates
good are weather of is an soybean estate early with compared the 'XX. real hopes Cotton and like a higher a Specialty to for yield used to stable. remain generally year dry better but if prices condition Farm average and falling are show popcorn, last equipment crops prices are in continues. planted yield values promise be reported high, condition than equipment
offset production year be strong. challenging area due set our come costs crop this looks to to for could yields prices, high helping 'XX and to in farmers in lower commodity The our quite
and give progress on months, by which of the better yields the over of us a 'XX crop fall. few their the making farm Our inspections early projection reliable estimated lenders should indicator a outcome are next
navigate stringent to borrowers underwriting, higher challenging this to would able and operating our pricing anticipate that Due commodity generally including be our stressed assumed costs, we year.
stemming from at Looking loan loans, good, portfolio the for residential commercial loan nonowner-occupied construction real estate it real loans was drawn estate loan a balances. overall, well-rounded and growth, quarter
with with was growth growing fiscal in And South, We're East to year, for the banking loan portfolio South, way. and regions through good our led and regions. our Northwest continuing This also relationships. prioritize our East our full growth credit the spread West footprint overall
We're $XXX loans in keeping share. one the to next ago. fund to adding going increase pipeline on as end, as XX market the At and days loan the of to pace fiscal compared 'XX $XXX we have quarter $XXX totaled we March into million pipeline. for million in at to our million that year our optimistic are we Producers look growth 'XX about experienced mid-single-digit brought
$XXX Our June current quarter the year originations family, a of leading compared the in loan $XXX ago, linked million in and was $XXX million in June March The to quarter million. quarter the volume originations in the were approximately X-X totaled CRE C&I. And quarter. construction, categories
capital was XXX% XXX% approximately at nonowner X at Tier losses allowance XX of down June CRE ago. XX from June Our a for at and and year XXX% XX at credit bank March the level concentration
XXX%. nonowner-occupied ratio On a about consolidated our CRE basis, is
with capital. to be this steady measure to and grow commensurate would intent on hold Our CRE relatively
totaling As earnings X.XX% our minimal, XX pointed with $XX out or in portfolio of loans. the total office million release, is loans
CRE The lending remainder or with footprint. primarily the numbers. some either Stefan, of from developers details would financial is our operate our our is multifamily diverse, provide our you rather in additional Midwest and on who footprint
