Roberto Herencia: If I can add just for quickly. If you look at the team and the directors, we have certainly been exposed and governed and worked in entities that are larger than $10 billion, right? So the $10 billion threshold is not new to this management team and the experience that the team has had over the years in other institutions. And neither it is to the directors. So we’re prepared. Alberto said it well. We’re bringing a new talent with the Inland acquisition as well that is strengthening that area for us in the risk management area and help us to prepare for that jump, right? As you know, the regulators do expect a different level of sophistication, and you get a different set of regulators as well and a different exam process once you go over the $10 billion. And we’ve been in constant communication with them about it. And I think we’re in a really good place.
Ben Gerlinger: Got it, that’s helpful color. Appreciate the time. Great quarter and great past decade. It’s been impressive to watch.
Roberto Herencia: Thanks Ben.
Operator: Thank you, Ben. Your third question comes from the line of Terry McEvoy from Stephens. Terry, your line is now open.
Terry McEvoy: Thanks. Good morning. Congrats on what you all have accomplished over the last 10 years. It’s safe to say everyone in town knows the Byline name by now. And Tom, thanks for all the forward-looking commentary given some of the moving parts. I appreciate that. So maybe just a bigger picture question. A number of the banks in Chicago that are larger in market share than Byline, they’re shrinking their balance sheets and really focusing more on risk-weighted asset optimization after yesterday’s capital kind of rules came out. So I guess my question is, are you seeing it? And how can you benefit from what some of the larger banks may be doing in your markets?
Alberto Paracchini: Really good question, Terry. And as I think we’ve always said, any time that there’s any type of disruption in the market here, and I would categorize what you just described as the equivalent of that because I think some of the larger institutions are very, very focused right now on reducing risk-weighted assets, anticipating higher capital requirements. So to answer that question directly, yes, we are seeing that. And I think that we will benefit from some of that disruption in the market. That being said, we are being careful and disciplined just because you have institutions that are passing on business or trying to shut business. It doesn’t mean that necessarily we want to do that business where it’s priced.
We want to do that business without taking over a full relationship. But I think some other institutions, some of the larger, particularly out-of-state institutions in town, I think we are certainly hearing from customers that they feel like they should look outside of that company given what the focus is on balance sheet management today. So I think we’ll benefit, Terry. And I think we’re optimistic about our ability to capitalize on that.
Terry McEvoy: And then a couple of questions on Inland. Do you have the conversion date selected? I think you mentioned later in this year. And are you still comfortable with 30% cost savings and the 8% earnings accretion in 2023 that you talked about when you announced the transaction?
