Curtis Myers: Yes, Matt, they’re predominantly tied to originations, and they really depend on the mix of originations when you get some larger C&I loans or CRE loans, they typically are swap and they really drive the number. So that was timing to really tied to originations in the second quarter. So we do see that moderating, but we feel we can have that land in more historical levels. So we probably will see that come off linked quarter, but we still have a good pipeline and would expect good performance, maybe not great performance in the third, fourth quarter. For the full year, we’re expecting to hit our targets and have that be a meaningful line item for us.
Matthew Breese: Okay. Bigger picture, not that it applies to you, but I just wanted your thoughts on it. In late June, there was joint interagency guidance from the FDIC, the Fed, the OCC on prudent commercial real estate loan accommodations and workouts. And I guess I wanted your perspective on how this plays out from a practical standpoint? What does it look like in terms of how you help customers? What are the expected tools that you can use? And how are these accommodations and workouts be disclosed if and when they occur.
Curtis Myers: Yes. I think there’s really a lot more to learn there on what we could do that would be different than historical standards. I mean we work with borrowers when the borrowers work with us over time. And we try to bridge to the best individual loan resolution for the bank and the customer. So we don’t really anticipate that, that would change our workout strategy or customer strategy. But if there are new tools or new things that we can look at it based on regulatory standards, we’ll certainly look at that and see how it impacts our strategy.
Matthew Breese: Do you expect in those cases where you do help somebody out beyond kind of what’s allowable by the market that these loans will be disclosed?
Curtis Myers: We certainly will disclose them if we have to. Again, as these new rules would be developed or any changes would be developed how we – how that would impact disclosures of accommodations. You go back to during the COVID pandemic response where we are granted the TDR changes and the ability to due deferrals. I think that had a really, really positive effect overall on the marketplace, and it was a regulatory allowance that made sense. We’ll see how these rules play out. But in that event, we were very transparent and disclose exactly what deferrals we had done, how we’re thinking about that. As these rules would play out, we would do the same thing.
Matthew Breese: Okay. Last one for me, just in terms of M&A, obviously, multiples across the industry are depressed, but just wanted to get a sense for – if there are any conversations that are ongoing, whether or not conversation levels have increased and how you think about M&A in this type of environment? That’s all I had. Thank you.
Curtis Myers: Yes, Matt. And so we have M&A opportunities that we’re always looking at. So we do think there will be opportunities for us in the marketplace. There are certainly headwinds right now based on stock price based on the marks that we would need to take on loan book and investment book to make those happen. I guess where we are right now is as the market stabilize, we would certainly engage in those discussions. And we want to make sure we’re positioned to take advantage of opportunities that come up in this more challenging time. We would, as you know, be very prudent and thorough on our credit book review in this environment and just the overall analysis of a deal. But we will – we feel we will have opportunities and we’re working hard to make sure we’re positioned to take advantage of any of those opportunities that make sense for us.
