Jose Rafael Fernandez: Yeah. So you pointed out the reality, right? So if we have the opportunity to continue to grow our loan book and also stabilizing deposits, I think 2023 will probably be a safe year not to pass the $10 billion mark, but I can’t guarantee that. But it’s starting to look now with higher-yielding loans and higher-yielding cash, it makes less — it’s less — it’s easier to manage the Durbin in terms of loan assets or asset levels. So from our side, we’re probably going to not cross the $10 billion before the end of the year. But we’re not going to be as concerned about breaking the $10 billion barrier in 2024, given the higher yields on our loans as well as on other assets like cash and securities. So Kelly, I think on the $10 billion mark, we’re coming to a close on that one.
Kelly Motta : I appreciate the color. Just kind of zooming out and taking a more high-level view, it does look like the macro backdrop in Puerto Rico is holding up quite nicely. Can you give us an update on the pace of federal funds and how those have been flowing and kind of what you’ve been seeing on the ground on the island?
Jose Rafael Fernandez: Sure. Specific dollar numbers, I really try to stay away from that because it flows all over the place. But I can tell you my view from the ground in terms of the federal funds. And that is we’re seeing significant amount of construction going on in the island on the public side from the roads and bridges and all the broadband that is being kind of redone here in the island. We’re also seeing a lot of construction on the private sector. We’re seeing, as I mentioned in my comments earlier, commercial businesses are really investing in their own businesses. So all that is kind of adding to the equation. I also want to point out that the recently passed federal laws on infrastructure, that’s going to represent, I think, $1 billion to Puerto Rico in terms of federal funds, additional federal funds coming down.
So I think what’s going to happen, Kelly, is that the federal funds flowing into the island probably will continue to flow in for a longer period of time than anticipated. And that is also good for really getting Puerto Rico’s economy to be resilient and be able to build the competitiveness for our small and midsized businesses and be able to have recurring economic growth not so dependent on several funds. So in general, that’s my outlook on the federal funds and how are things playing out down in the island.
Kelly Motta : Thank you so much. Maybe last question for me. I really appreciate all the detail you provided on your digital first strategy and what you’re, kind of seeing there versus a year ago. Can you kind of expand upon what you’re doing with your digital strategy, maybe next steps with that? I also know you’ve added to your executive team. So any color around that as well as kind of outlook for what you’re doing on the digital side would be really interesting. Thank you.
Jose Rafael Fernandez: Yeah, sure. Thank you for your question. So on our digital first strategy, it’s all about the customer, so let’s start there. Everything that we do, every investment that we make, every technology that we deploy has got one and one single focus, and that is the customer. And how can we improve the customer experience? How can we have an edge from a customer experience perspective so that we can then do business development and grow our business and grow our loan book and grow our deposits and make it easier for our customers? So that’s kind of what — how it all begins, right? So that’s number one. Number two is we’re really encouraged with the investments we’ve made in the last couple of years. And as I shared with you today, the adoption levels are pretty good.
