which really quality you, Good core quarter, and shareholders, adjusted balanced strong very growth a our record in and asset to morning, We thank everybody call. you income led Thank expense really had Alan. revenues, controls, was good on for loans. joining by us net stellar record good available
which income million, the adjusted up XX.X% a quarter was you was shareholders but page fourth XXX $X.XX, you, up X.X% versus with will EPS adjusted number because of but quarter. cover some at EPS was available the which you If on numbers $X.XX, ’XX, totaled totaled income up XX.X% a strong quarter. million, we’ll up record a totaled X, see versus common which changes, fourth net X.X% of to versus like XXX net versus fourth Diluted of that quarter, look the
our which compared If year, for full EPS to you last look EPS up at was year. was an X.X% adjusted adjusted $X.XX,
were returns very Our strong.
look X.XX%, ROTCE and adjusted ROCE a and if very X.XX% ROA, you on were tangible. return they strong respectively, the at XX.X% So on
we an We’re quarter. very positive linked both of basis growth We and revenues was pleased really function leverage loan had totaling That equivalent taxable a which had billion, operating on good like X.X up core income. non-interest adjusted X%. a and was for
insurance, were which is income. revenues somewhat strong quarter seasonal other and seasonal, X.X%, up which reflected typically linked business Our fee
Now, net decrease expected. basis interest X margin as points did
Our decreased again basis core as that margins our all relatively peer still group. expected. actual, high, X points, in absolute highest the margin some Recall the of are
so very up was ratio income to be strong. XX.X%, XX.X%, very, fee Our continues it
GAAP ratio efficiency Our years. in was point XX.X% our the efficiency adjusted we've third three but best to XX.X%, from out I adjusted that's efficiency the importantly, XX.X% in ratio and had would ratio improved
Credit we that is purchase, our a very de a did million X.X% improvement CCAR. So XX credit a decrease really quality turn third points out basis were from under the a level. low repurchase so, annualized and have Also, was a decrease, expenses we’ve fact in ratio which nice a see We point in did on versus do a like XX allowed declined quarter, down, Charge-offs another totaled which a in billion, complete so in to fantastic. efficiency minimis plateaued all been of begin and we've versus XX XX that our third very, we share quality. decrease, come NPAs but as XXX materializing. quarter non-interest quarter. that X.XXX X.X% would is I Not million and the was we'll saying adjusted huge indicated.
some the terms deck share tax If wanted just the changes reform to four, you're and in in to with page benefit. of detail on we some the made we of regard tracking of the
We You which bonuses did will were pretax, -- which basis. did our is million reevaluate a time in the a probably our charitable of XXX dilutive which did GAAP increase reform $XX That share into contribution was projects. our tax total pretax of $X.XX XX million million deferred happy for We We we we about, income XX by associates, saw therefore our net over have million do housing be of affordable on taxes, plus which invested a one-time impact million or to number. aftertax, on investments communities. a did items XX tax was aftertax.
XX Our $X.XX. which merger and is charges restructuring was related million,
So, reoccurred $X.XX, that charges if because that our per diluted was changes that you earnings during and at share that tax the of the restructuring look quarter.
ahead you revaluations kind you of you, explaining related you the can changes, chart, I’m if but the $X.XX got donations, easily just merger look these X, and our into dig want expense If very figured how see bigger how page fine, and from at $X.XX charges just to personnel perspective. that’s all to from you the of just and a in
our to point particularly to you We performance all XX in good I a We we credit If relative of was were basis our quality, checkmarks XX. page had our out at just with look data. range points, X, below which areas. get XX pleased the would really
bit. as net little income Our interest margin a expected. income, we down was was Net
so did to expect We in will slightly Non-interest category. nice I and have did. we again, -- achieve would a said kind and said was up we it that say, actually that’s We’ve And of leverage positive operating we stable, income X.X%. so be improvement.
that had guidances good we So, about we felt the given.
of you at If look X, growth. core I’d strong loan call growth, terms in page our loan it
was But an news end. and over it right year, explain we’ve strategic good portfolios, know It the couple is fact the to key had to making nearing mortgage. You a do. long-term changes the last our is, been that away we've thing in of auto the
some reflect So these do seeing that at of you'll look represent And point loan we subtotal between too think over. some our slide, better and all as I clarifying long versus forward. a like, changes map XX.X% you commercial areas, growth and primarily as XX.X%, our terms you're had strong up the up that floor see it's just basically of We’ve commercial to very you it’s I annualized; there's up. exactly But I we retail. commercial but that that was numbers were our X.X% up don't if as in out details, shows dealer government made earlier, be confusing, these leases you go presentation in map appendix all commercial business, think and want if let finance, items individual cleaner core me as indicated you will retail essentially, retail the XX% how third strong we credit, had that for and XX.X%. revolving commercial quarter. But plan up
retail by process. but I end So, that have we design. out that point of this of was X.X% annualized, a we optimization would did in are again decline nearing the
auto the stabilize the the We -- quarter, expect expect in portfolio and to the turn. to area. primarily mortgage first grow from quarter second retail And begin from we in runoff to
be first the process our But next be both the over. go needed point second of So, strategic growing somewhere end of meaningfully over the process half, thing long the of is clearly most to we because pain kind as will quarter. into loan then increase, of and that of and growth, And of between a we the main portfolios term rest year view. think, average our we’ll of this painful see that by first will forward the and through, is year, our good go but of you I blended from
X, great, look DDA growing out point continues just I at X.X%. do page that you If to
percentage back last you year, XX.X up deposits DDA the to from total Our DDA XX%, remind end peer XX% has about over XX top. gone last just of you I’ll the was group that our to XX. of about to go from XX% growing if to from up
the are at going our that but they product I our and growth increase in will substantially improvement point work, industry has up, and loan now in really minute take the and huge term, to unless be has and sheet deposits. inappropriate. strategic in the I worked what’s speculation takes me need of to take on of issues betas about increase to slowly a on will X% very of out A important be betas loan a all that couple taken there years and numbers. deposits loan to category, but of dramatically very, these off. will raise expect well. So, short total low over go I out lot category restructuring than forward, the XX% think deposits my more and would cover off. we happen own in is all We go the to that on betas to interest But key loan think are don't want will some but view unless until going lot deposit would until that a fact balance growth, is growth prices in detailed
very a as described just ’XX, I year. strong So was
the a was I midst to substantial understand. want year headwinds you it in of strong However some that
participate all, we was of it still but still primarily slow. slow. First improving, Main is where was It Street
middle two-and-a-half improving takes a we are investments, billion years the about in ’XX. they Our the we in I were years invested Pennsylvania XXXX. to great in last restructuring of are term over still but these they done my the about through investment, over them but years, in that lot in were right career, of all $XX if still a you process, recall, and They mergers two drag have dramatically, of it long assets, couple go
drag. loan portfolio was optimization Our a
as up center investments drag. a IT was our major AFSVision, Our finished Zebulon we data
by Our BSA drag, is which [indiscernible]. was the a way program
those substantial to strategic So if had, those, we of the have at and returns of you five that that pretty work needed spectacular. dealing with through we to were look changes key they pretty kind is all
all in five ’XX look in the in good is, headwinds as ’XX. Now, become tailwinds news of those to ’XX, you
down So, program, is The basically is is The of over. over. optimization up IT basically Main Street portfolio investment is expenses, percentages, getting basically high is Pennsylvania BSA getting terms over. substantially investments productivity better, bond are and in
to would bank. we presentation loan of that’s substantially It’s The Main really the coming I time really, in regard think, that our that really doubling I – to portfolio. out bank, that backdrop point on Also, we community are accounting our down out is with some is our Street performance get had changes good. of community mentioned back. So, we you more
taking bank, totally focus to Brant on and asking the retail So our of the run we of commercial David Standridge the another part level Weaver to leaving him are top community executive and side.
in substantiate bank, that in had to of performance while getting So, time the off, marketplace. it's is changes community right community point really take ready the a really given we've the good the bank, in to because
as that also retail our pretty that's I’d deal products will we execution emphasis emphasis will substantially not see changes. point optimization on and of So the and equipment, have a performance our out we leasing new our portfolios of particularly reversing, to just national strategies forward, but corporate go more also businesses, our those out big business, all on new our you new and the focuses auto our portfolio. come continue businesses, around lending improve
said, I’ve broadly more changing, expanding across also it we're country. we're the As but
a lot we're business markets in our other Our the and country. new in brokerage places expanding portfolio, around of terms mortgage of
we substantially we Simultaneously, more wealth strategy. in to Our assets invest continue in substantially to continues invest that. business digital more and our grow
continues of very the new today. best in Our the to business one be platform
invest We it on basis. regular to in continue a
extraordinarily the rolled the in program, banks PXP well. major recently, like all Zelle going out it's country Our of other
to we our in increase continue and marketplace. big around That's to substantially presentation our have digital We a will marketing, deal. the investment
they that doing of are feedback We center, a or less respond call substantial care can areas to are that tiptoe the client, dev voice a we we out client have. the they're challenges company area ops, they robotics, so basis as AI, whether IT midst the area, branches area deal, the around substantially major they that the effective what is are way client in rolling which tracking get of on expensive. through visiting whole on frankly to and any our the feedback a we A make We will wherever our area. us, we restructure more all of in in major get from big that consistent of
that in got XXX saw small a rationalizing being pretty about lot branches, you a As so XXX another still do of last we and of branches closed lot our rationalize in terms branch more areas have or this big close to year, year. we're We've continue We aggressive of structure. opportunity to structure. much a we’ll rural
can a flow on finally, the continue that will and the is feedback confidence I This a be that the And going number level global clear impact of increased out out change through would economy. for years. there, constant big expect CEOs have to to will dramatically have is believe point better. market get economy that The You We economy see optimism. their and we leaders of tax the then better.
We that, are we growth. organic to them seeing the better the are believe. out finally, activity I’d economy further focused all so in going to then in addition in investing businesses, And that terms on is of point in tightly we, ’XX be we and
our not ruling on out path. we’ve years, lot the We spent are regard of I’m Over time mergers. still mergers entirely. with to a
listed of matter. We out, kind doesn't it officially haven’t but
focused We're to We from that are And what really, so really we're that. benefits organic getting we focused that all [indiscernible] of and you on and addition in said. not good tightly we're mergers growth. we doing shows that, on doing
We We're about excited very the our businesses. future. business. and for the are future our We're we're disrupting preparing re-conceptualizing
company. very In fact, we for will be XXXX strong our believe year a
me on So you Daryl turn give it performance detail to areas. more now to let some the