HomeStreet, Inc. (NASDAQ:HMST) Q1 2023 Earnings Call Transcript

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John Michel: We are as sensitive on the risk-based side because of our large multifamily portfolio, which is 50% risk-weighted for the most part. So, comparing to other banks, Tier 1 is – we’re a little more sensitive to Tier 1 than we are to risk-based capital measures, and the other three measures are risk-based capital measures, so…

Matthew Clark: Okay. Is there any minimum threshold that the Board wants to manage to?

Mark Mason: We watch all of them. We have internal risk appetite levels for each of the measures.

Matthew Clark : Okay. Thank you.

Mark Mason: Thanks Matt.

Operator: Thank you, Matthew. We have had no questions registered. So, I’d like to hand it back to the management team for any final remarks.

Mark Mason: Great. Again, we appreciate all of your attendance. Great questions today. We look forward to talking to you next quarter. Thank you.

Operator: Thank you all for joining. That does conclude today’s call. You may now disconnect your lines and enjoy the rest of your day.

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