Brandon Hamlin: Sure. No, you characterized it correctly, George. I think one of the €“ we will likely have a number of those short-term extensions, 6, 9, 12 months just as you said. And really, there is so much we don’t know about exactly where longer term rates are going to go. As George said, the market is still open. But as those rates move back to a more normal place, we would expect the repayments to accelerate. I think back half of the year is likely to be higher than the front half of the year. But as we know and there is to our benefit certainly from an average earning assets point of view and when we make those loan extensions a lot of times, we will obviously get more, little more fee income, perhaps little more minimum interest and but they are not long-term in nature. And so when the capital markets come back, they will move on. Our rates are not as attractive, obviously, as the long-term rates.
George Gleason: Yes. And I would emphasize Brandon’s point that we are €“ we view loans staying on the book 6 months longer, 12 months longer is a very positive thing. It greatly improves our return on equity on those loans to have them sit on the books longer.
Manan Gosalia: Right. So I think that was going to be my follow-up. So I mean, if it stays on the books for longer, you have higher earning assets that helps your NII even if NIM is declining. But as you run your scenarios on the different macro assumptions, is there €“ are there any situations in which NII peaks and starts to decline or should we just continue to see this NII ramp up and get to peak NIMs in the next couple of quarters and then move down from there?
George Gleason: Well, that’s a good question, Manan. I would tell you that our prevailing thought is, is that we will see some compression in NIM and core spread in the coming quarters, but that that’s going to be more than offset by growth in average earning assets. We alluded to this in our management comments specifically and I have referred to it internally as a baton handoff where that growth in net interest income is ceases to be driven by NIM that actually becomes a little headwind, but we have got great originations that have occurred in 2022 that will drive loan growth in 2023 and 2024 and the continued increasing diversification of our portfolio should also help us drive loan growth in 2023 and 2024. So we are cautiously optimistic about a positive net interest income story.
Manan Gosalia: Appreciate it. Thanks so much.
George Gleason: Thank you.
Operator: Thank you. Our next question comes from the line of Timur Braziler from Wells Fargo. Your line is open.
Timur Braziler: Hi, good morning.
George Gleason: Good morning.
Timur Braziler: Just following up on that last line of commentary, how should we be thinking about balance sheet loan growth in 2023 given the expectation for slowing originations? Is that pretty much scheduled and you know what you are expecting from a funding standpoint or could that too slow?
George Gleason: Tim, do you want to address that?
