Alberto Paracchini: Yes. Brian, so I think we’ll say this. We certainly don’t want to be $10.1 billion and be there parked at that level. That said, we are also not – we don’t view crossing the $10 billion mark as necessarily, meaning that you absolutely have to do something in order to cross it. I think we’ve had good organic growth. I think if it happens organically, great. I think if you look back at our track record over time, we’ve been able to do both and be able to do both well. So I think that strategy overall has served us well. So I think it’s not something that we think about. I think Roberto said it well when he said, it’s not something that – it will be a milestone when we get there, but we certainly don’t want to alter our business or what we’re doing as we approach $10 billion.
If we have to cross it and we cross it organically, then we’ll continue to grow our business that way. If we have the opportunity to do M&A like we have in the past, then we will try to execute on that as well. So it will be a mix of – I think it will be a mix of both consistent with what we’ve done in the past.
Brian Martin: Okay, understood. Okay. I appreciate the commentary, and thanks for taking the questions and great decade, guys.
Alberto Paracchini: Super. Thank you, Brian.
Operator: Thank you, Brian. [Operator Instructions] Your next question comes from Damon DelMonte from KBW. Damon, your line is now open.
Damon DelMonte: Hi. Good morning, everybody. Congrats on a 10-year milestone and a nice quarter. A lot of good questions have been asked and answered. But just kind of, I would like a little bit more color or commentary on the loan pipeline. I’m just wondering if you’re seeing any kind of pullback from customer demand, just given the higher rates, especially in your commercial real estate lending area? Or are you guys becoming a little bit more selective, maybe with some of the credits that you’re adding, just given more macro concerns?
Alberto Paracchini: Good question, Damon. So I think we would say this. I think on the real estate side, it’s consistent with what we’ve said over the last several quarters, and that’s been the area where you’ve seen more of a material slowdown in activity. We are still seeing deals. We are still seeing opportunities. It’s just the volume of opportunities that we’re seeing there is not what it was, let’s say, 1.5 years ago or so. So that area certainly has seen kind of the brunt of it. As I think the real estate market is adjusting to higher cap rates, much higher interest rates in terms of that higher cost, if you’re looking at construction projects. So I think all of that, I think plays a part. But that being said, as I just mentioned, we’re still seeing activity there.
We’re still seeing strong sponsors that can take advantage of situations are doing that. So we’re seeing that on the real estate side. As far as the other businesses, the overall level of activity is pretty good. It’s pretty good. By and large, I think businesses have been able to absorb so far higher rates, higher cost of capital. Higher inflation, let’s not forget that. I think that also helps. So to the degree that that they’re able to pass along and see revenue increases coming from price increases, that certainly has helped them absorb higher financing costs. But overall, our pipelines are pretty healthy here as we start the third quarter. And the level of activity has been pretty good. So far so good, Damon, in that regard.
Damon DelMonte: Are there any areas of any industries or areas of your footprint that are experiencing early stretch versus other areas?
Alberto Paracchini: Mark, do you want to take that one?
