Laurie Hunsicker: You do. Okay. I’ll go back and look at that, I missed that. Okay. And then last question on office. I’m sorry to put you still on the spot here on this. But on Slide 18, it looks like you’ve got $26 million maturing in the fourth quarter. Any update on that? Have you had any renewals yet? I know we’re early in the quarter and maybe just of the $26 million. I guess how much is A, B and C? Or just any color you can give us on what that’s looking like? Thanks.
Carl Carlson: I don’t have any color on the timing of when those are going to get renewed or whether it’s A, B or C.
Paul Perrault: Yes. I don’t know either, I haven’t seen them yet, but I have not heard any noise.
Laurie Hunsicker: Okay. And then, Paul, just last question. Can you help us think about with your stock trading here below book, how you’re thinking about buybacks?
Paul Perrault: Well, I’m thinking about Carl for buybacks.
Carl Carlson: I think it’s an attractive [ph] area. It’s an attractive area – I’m sorry, go head. Go ahead. Go ahead, Laurie….
Laurie Hunsicker: No, I was just going to say, Carl, how are you thinking about buybacks?
Carl Carlson: So, it’s an attractive place to be buying back stock, but we’re also very thoughtful about our capital, and we’re preserving capital at this point and we’re using it for growth.
Laurie Hunsicker: Okay. Great. Thanks for taking my questions.
Carl Carlson: Sure.
Paul Perrault: You’re welcome.
Operator: Thank you [Operator Instructions] Our next question comes from Chris O’Connell of KBW. Your line is now open. Please go ahead.
Christopher O’Connell: Hi. Good afternoon.
Paul Perrault: Hi Chris.
Christopher O’Connell: I don’t think I missed it, but I apologize if I did. Did you guys give what the loan pipeline was that at the end of the quarter in just a breakdown of the categories?
Carl Carlson: Yes, we don’t really provide pipelines. Chris?
Paul Perrault: It’s too hard to define.
Carl Carlson: I would say, pipelines are certainly down from previous levels, but we’re still very active, more so in the C&I space, the Equipment Finance side….
Christopher O’Connell: Got it. I guess just more thinking about how are you guys thinking about loan growth going forward, given that the funding pressures are starting to abate a bit, as the organic outlook changed? And how are you guys thinking about growth into next year?
Carl Carlson: So, we’ve always kind of targeted $80 million to $100 million of loan growth. I think that still is a target for us per quarter. And – but a lot of that does depend on deposit growth. So as long as the deposits are there, we’ll be continuing to grow loans. The market is still active. There’s still very good customers that we’re talking with. So again, it’s about the deposit side.
Christopher O’Connell: Got it. And as you guys are kind of looking at the market right now and the different dynamics with the Fed tightening, where are you finding the most attractive sectors or subsectors in terms of what type of growth you want to put on the balance sheet at this point?
Paul Perrault: The equipment and C&I are certainly very attractive and we’re very active in all three banks in these areas, partly as a result of the displacement of last spring of lots of companies, are now banking with somebody that they didn’t choose. And so, that has been providing some opportunities for conversations and proposals. But that stuff takes a little time to harden up and that’s kind of the period that we’re in now. And that’s why we have a fair amount of optimism as we go towards the end of the year. Some of these companies want to wait until the first of the year for things like treasury services, so there’s a good feeling in the air, but it would be in equipment and C&I mostly. And we’ll stand by on real estate. We’ll take care of our customers as needed, but there’s not that much going on in real estate.
