Operator: One moment for our next question. Our next question comes from Terry McEvoy with Stephens Inc. Your line is open.
Unidentified Participant: Good morning. This is Brandon Rode (ph) on for Terry. I just have a couple of questions here. Good, good. I think on Slide 3, you mentioned you’re being more selective in new loan production. Can you expand on that and if it’s in a specific area like CRE or is it just broadly across the whole portfolio?
Jeffrey Ludwig: It’s broad. I think I would say, it’s broad, although in the quarter, our CRE was down slightly. So we are being more selective in the CRE space. But I would say, it’s mostly broadly looking at deals with even a more critical eye than maybe we were six months to eight months ago. Yeah.
Unidentified Participant: Okay. Thank you. Another one, the equipment finance portfolio reached about a little over $1 billion this quarter. Is there a size or how large relative to the whole portfolio would you be willing to grow those loans to?
Eric Lemke: Yeah. It’s roughly — Yeah. It’s roughly 17% or 18% right now. I think that’s probably is about where we would want it to be that range. I don’t want it to be 20 somewhere between 15 and 20, but on the lower end of that range would be sort of where I’d like to see it.
Unidentified Participant: Okay. Thank you. And your comment earlier was NIM stable in 2023. Net interest income kind of took a small step down in the fourth quarter. Do you see that trending lower through 2023 or is that holding stable as well? Maybe with your loan growth, can you expand on that, please?
Eric Lemke: Yeah. I think we’re real focused on dollars. Dollars is what pays the bills. The margin rate doesn’t. So we — I think we can grow dollars. There’ll be a little pressure. GreenSky will provide a little pressure. But really, I think that’s a flat move. And then it’s how well can we grow the loan portfolio and the repricing of our fixed rate loans over time at these higher rates, even if we don’t have a lot of loan growth, that’s going to help. And if the rate — if the Fed slows rates down, as I said earlier, if we’re deeper in the game, that means we’re — we don’t need to raise our deposit rates as much going forward. So as those assets reprice, we think the dollars could go up.
Unidentified Participant: Understood. All right. Those are the questions I had, so I appreciate your time.
Eric Lemke: Yeah. Thank you.
Operator: And I’m not showing any further questions at this time. I’d like to turn the call back over to management for any closing remarks.
Jeffrey Ludwig: Yeah. Thank you. So before we end the call today, I want to mention that we have decided to discontinue our practice of holding these quarterly earnings calls. After much consideration, we have determined that the benefit of the call doesn’t justify the amount of time and resources required for preparing for and holding them. We will continue to have an active investor relations program and maintain a regular dialogue with our analysts and both current and potential shareholders. And where appropriate, we will expand disclosures in our earnings release and investor presentation to provide information that was typically discussed on these calls. And with that, I’d like to thank everybody for joining us today. Have a good day.
Operator: Ladies and gentlemen, this does conclude today’s presentation. You may now disconnect and have a wonderful day.
