Drew LaBenne: Yes. On loans, it should because we only had one month of as I’m sure you’re picking up, we only had one month of average balances for that quarter. So we will get the full quarters worth in Q1. Now the portfolio does run off quick, so it won’t be about the 900 million we ended the year at. So it will come down from there over the course of Q1.
John Rowan: Okay. And then just you mentioned obviously bank demand in the marketplace and I’m just €“ I’m wondering if, obviously, when U.S. bank acquired, made the acquisition and then turned around and sold the portfolio. I mean, was the predecessor that bought those from the marketplace, were they a big component of your bank demand? I’m just curious if that change indicates that there’ll be any difference in, or were they a big client, does that make a material impact in bank demand going forward, assuming they’re not in the market anymore?
Scott Sanborn: So that was $1 billion portfolio. It represents a large client. So they were a long €“ very long-term significant partner of ours. But when the acquisition was announced €“ where the intended acquisition was announced, we did work with them to begin reducing their overall participation in the mix and anticipation that the new owner may not continue the relationship. So I won’t say that there was no impact, but their purchases drew down. We worked to draw them down materially, like in between when the deal was announced and when it was approved.
John Rowan: Okay. All right. Thank you.
Operator: Thank you. Our next question comes from the line of Michael Perito with KBW. Your line is now open.
Michael Perito: Hey, good afternoon, guys. Thanks for taking my questions. I wanted to ask on the OpEx side maybe a question for you Drew. So if we look at the fourth quarter, you were about 180 million, I think that included about 4 million of the restructuring charges. So maybe call it $176 million. I mean is it €“ because there’s kind of two components, right? So if you annualize that and then you take out the 25 to 30, but you guys still some with your investing. So I’m assuming there’s going to be some growth on that. Just the question is how much? I was wondering if you can give maybe some thoughts around that. I’m assuming it’s going to be a lot less than what we saw last year, but not nothing and just was hoping for some more context there?
Drew LaBenne: Yes. So marketing, I think you probably understand the trend on marketing. It’s just going to tie largely to volume with some rate differences, right? The reason we specifically talked about comp and debt, I gave, I think, a pretty precise number €“ somewhat precise ranges so that you could €“ you could, you and all the investors could do the math on it. But you should take that $88 million; you should subtract out the one-time charge, and then apply the run rate savings that we’re going to get. Just don’t forget we have a little more severance to take in Q1. All the other line items, I mean, there’s some puts and takes there, but we’re not expecting dramatic changes. We are going to be working €“ we’ll be working to be efficient in spend where we need to and make some investments, but there’s a little bit of drag we’ll get, for example, on depreciation and amortization because new projects will come into production, but nothing that should, I think, majorly alter your modeling from where we’re at today.
Michael Perito: Okay.
Drew LaBenne: Is that helpful?
