Kelly Motta: Got it. Thanks for that. And then again I really appreciate the June margin at about $267 million and the commentary around kind of the outlook there. Just trying to get a sense, is that kind of assuming we get one or two more rate hikes. Is that a good estimate of where merchant troughs, based on kind of just putting together everything, or is there still more pressure off of that $267 million to go. I know there’s a lot of moving parts of the FHLB pay down that happened during the month. I’m not sure if it is fully reflected in that $267 million.
Byron Pollan: Yes, in terms of our, the rate outlook that we’re using to model and make some estimates around forward-looking margin. We do have two more hikes in there. And so, I think the third quarter will be influenced by one more hike. The fourth quarter will be influenced by potentially a second hike. And that’s just an estimate that we’re using in our model.
Kelly Motta: Okay. So under that would you anticipate additional pressure and kind of where we are assuming that, that’s the trajectory that rates follow. Do you have an idea of the level and the timing of when merchant would trough?
Byron Pollan: That does put additional pressure on our fourth quarter margin relative to the third quarter. We’re at trough, would probably be first or second quarter of next year, assuming that two hikes and they’re done.
Kelly Motta: Got it. And then, so that seems to imply that there could be some relief thereafter should the Fed be done, the kind of rounding out the margin question for me there. Do you have a sense of where margin could exit 2024 then under that sort of set of assumptions given what you’re seeing on the funding side, as well as the repricing of your own [hires] (ph)?
Byron Pollan: Yes, sorry. We haven’t looked at far out, but we’ll have to dig into that and get back to you on that expectation.
Kelly Motta: Got it, got it. And I guess finally last one for me, I know you mentioned the brokered funding that you put on during the quarter, and mentioned that there might be some opportunity to pay some of that down this upcoming quarter, depending on if you get the seasonal inflows. Can you just kind of remind us the cadence of when that brokered funding matures? And how we should expect either I guess the roll-off of that as we get through the next year or two.
Byron Pollan: Yes, most of that will mature within the quarter. Most of the issuance with one, two, three months, when it was done. We did dabble a little bit of six month maturities, but I would say the lion’s share of the $475 million will mature within the third quarter, you can give us an opportunity to evaluate it, do we roll it or do we allow some run-off to happen, based on where we are at that point in the quarter with core deposit growth. I think, I think the core deposit flows will determine how much we let on.
Kelly Motta: All right, thank you so much for the questions. I’ll step back.
Randy Chesler: You’re welcome.
Operator: [Operator Instructions] Our next question comes from Tim Coffey with Janney Montgomery Scott. Your line is open.
Tim Coffey: Thank you, good morning everybody.
Randy Chesler: Good morning, Tim.
Tim Coffey: Good morning, Randy, I had a question about kind of asset levels. By the end of this year, if we look back at total assets on a year-over-year basis, would it — is it more likely to be flat to slightly up, or flat to slightly down?
