Duane Dewey: And, Kevin, I’d add a little bit to the fourth quarter, and as we noted in our comments, there were some things that cumulatively are significant, but individually, like legal expenses and some severance costs, some branch closure costs and that sort of thing, that individually are probably not material, but as – on a cumulative level, did impact the fourth quarter. And so, as we look into the start of 2023, we in our minds feel that those are non-recurring items. And then the flip of that is general inflationary kinds of things that we’ve commented on and everybody seems to be commenting on, higher employee costs and other general inflationary things. So, it kind of takes us to that mid-ish, lowish to mid-ish single digit kind of increases for the full year 2023.
Kevin Fitzsimmons: Okay. Thanks, Duane. And just to clarify, is that – is the base for that, that 498.4 million roughly for full year? If you don’t have it handy, that’s fine.
Duane Dewey: Hold on one sec. I think that’s accurate though.
Tom Owens: I think that’s right as well.
Duane Dewey: Yes, I believe that’s accurate.
Tom Owens: Correct. Yes. 498.4.
Duane Dewey: 98.4. Yes, correct.
Kevin Fitzsimmons: Good. Okay. And then just one follow up for – we had a lengthy conversation a few minutes ago about n NII and how you’re being proactive on deposits and you don’t want to take loan to deposit ratio over 90%. It’s an unprecedented environment, and I totally recognize all that. Can I – like, have you all looked at the alternative of maybe dialing – like dialing back the loan growth a bit so that you don’t have to chase as aggressively for the deposit and still keep the loan to deposit ratio where you’re at? And I recognize that you’re not seeing a lot of credit stress right now, but you’ve acknowledged that it’s a pretty uncertain economy and environment. And so, there’s – when we look at loan growth outcomes for next year, there’s obviously a demand issue, but we’ve also heard some banks just saying, hey, we’re stepping away from areas like commercial real estate or certain sectors.
So, I know that’s a lot to throw at you, but I’m just – how did that conversation go in amongst yourselves about, hey, we want to grow NII, but one way do it is the marginal of our stable and just grow loans less aggressively?
Tom Owens: Thanks. Yes, so great question, Kevin. This is Tom. I’ll start and then I’ll ask Barry to weigh in a little bit. We have absolutely had that discussion internally. We have absolutely looked at that. I’ll let Barry speak to the lending side, but it’s an environment that creates opportunity, as you just said, where you have some of our peers, some of our competitors, pulling back a bit. And so, of course, we’re evaluating each of those loans, loan by loan, on a return basis. And of course, we’re thinking about our marginal cost of funds and the potential of repricing the deposit base to a certain extent as we really lean in here to try and accelerate deposit growth. So, yes, we have discussed that. We have thought about that.
