RBB Bancorp (NASDAQ:RBB) Q4 2023 Earnings Call Transcript

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Timothy Coffey: And then just kind of on your reserve. And obviously, I understand what comes through the income statement is dependent a piece on the economy and the economic outlook. But if it continues to improve and you’ve derisked the portfolio, do you see a real reason to dramatically increase in provisions this next year?

David Morris: Really, we cannot project that out right now, Tim. We don’t have a crystal ball, and we do not know what’s going to happen with the economy, and so forth. However saying that our loan portfolio has improved with its quality, and so forth. So and if it continues to improve, there may be something down there.

Operator: We have reached the end of the question-and-answer session. I will now turn the call over to David Morris, President and CEO, for closing remarks.

David Morris: Once again, thank you for joining us today. We look forward to speaking to many of you in the coming days and weeks. Have a nice day.

Operator: This concludes today’s conference, and you may disconnect your lines at this time. Thank you for your participation.

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