Michael Rose: Very helpful. And then I just wanted to dig in, and again, sorry, if I missed this into the reserve build this quarter. If I look at slide 17, it looks like the reserve was built in the commercial space, which I guess was a I was a little surprised about and actually down in construction. Can you just give some color on the reserve build? You guys are pretty healthy. Was this more of a kind of a proactive conservative move, just given the credit metrics are still pretty benign? Or is there something greater that you’re seeing in your either in your pipeline or just more broadly in the economy? Thanks.
David Meredith: Hey, good morning, Michael, this is David. And I can address page 17. But I’ll direct you first to page 19 just kind of give you a high level overview of the build quarter-over-quarter and you can see it kind of breaks down into from a from a legacy Renasant standpoint, charge-offs $2.6 billion — $2.6 million provision legacy at $7.9 million. So on a pre-RBC basis, if we exclude RBC, our provision went from 1.57% last quarter to 1.56% this quarter. So basically, it was flat quarter-over-quarter from a legacy Renasant standpoint. The difference being that the build in PCD, non-PCD loans related to RBC and that’s really what you’re seeing that increase in the commercial bucket, is that that provisioning and that PCD, non-PCD provision for RBC quarter-over-quarter.
Michael Rose: Sorry, I missed that. Thanks for clarifying that. I appreciate it. And then maybe just finally, for me. I know you guys have talked about more moderate loan growth. Mitch, I’m sorry, I missed the update on the pipelines in the prepared remarks. But what, what is more moderate growth mean to me? And how much of it is, you guys pulling back in either certain asset classes and, versus what the market is maybe, giving you in terms of opportunities? Thanks.
Mitchell Waycaster: Yes, Michael. And maybe the best way to have that discussion as we look forward is maybe look at the prior quarter. We did indicate there would be moderation, and we have seen that. We started the quarter with a 30-day pipeline of $200 million, that’s down from $270 million at the beginning of the prior quarter. The production for 4Q was $700 million. And that moderated down from $753 million. So what we expected occurred. And, of course, that $700 million in production yielded, as Jim mentioned earlier, $396 million in net growth. I think the important thing here just thinking about our ability to produce the granularity both from a geographic as well as our various business lines. I’ll give you some percentages of that $700 million in production.
17% came from Tennessee markets, 18% from Alabama, Florida Panhandle, 20%, Georgia, Central Florida, 19% in Mississippi, and 28% came from our corporate commercial business lines. So like say geographically, we’re still pleased while it continues to moderate with production. I think equally important, as the geographic is the types. And as I mentioned earlier, just the granularity of our ability to produce and our consumer, which is more one to four family that represented about 26% of that $700 million small business credits, which continues to be a strength in our markets, and that’s loans that would be less than $2.5 million in size represented another 10%. And then larger commercial credits about $2.5 million just core C&I owner occupied type credits was another 35%.
