Janet Lee

“You obviously raised the NIM guide, which is positive, and it seems like you held the line pretty well on deposit costs this quarter as well. And you're pointing to, if I heard it correctly, 50% total deposit beta through the cycle.”

“Understand that you're not commenting on 2027. If we just look at the coordinate NIM trajectory or just the benefits of a rate hike? Is this still a benefit to your NIM if you get a rate hike, given still the fixed rate asset repricing benefits and the floating rate impact?”

“It's good to see your deposit costs being relatively stable. So, are you suggesting that your NIM guide is assuming deposit costs increase a little bit from here or stay relatively stable through the year end?”

“On deposits and the pay down of the FDIC purchase note, if and when SVB deposits increase meaningfully, at what point would you be inclined to use some SVB deposits to potentially pay down on the purchase note?”

“For clarification on NIM, so if I look at your earning asset yields in the fourth quarter, it looks like lower rates had an impact on your earning asset yields declining about 15 basis points.”