Nathan Race: Okay. Great. And within that guidance, I mean, as you guys, kind of, think about some additional monetization initiatives that you guys are outlining on the core system side of things or otherwise. How does that, kind of, factor into just kind of overall expense growth for this year in light of the inflationary environment that we’re seeing for wages and so forth these days?
Mariner Kemper: So I mean high level, I mean, so the run rate that Ram is talking about is inclusive of whatever spending we’re doing to modernize and invest in the business. It’s all in there. In that step off that he’s referring to.
Ram Shankar: Yes. The step off of the $227 million that I talked about, obviously, the inflation on top of that new contracts are coming up. We are making some selective investments in people or in technology. And then as we said in the first quarter, we’ll have the reset of payroll taxes and other benefits expense and there’s obviously less — a couple of less salary days. So I would expect the trajectory from the $227 million for the first quarter to go up just, because of the pressure from primarily seasonal increase in expenses.
Nathan Race: Yes. And as you guys look at, kind of, criticized classified trends across portfolio. Obviously, non-performers are pretty negligible amount as we ended the year. Are you seeing anything across portfolios and you’re in discussions with clients that would perhaps cause you guys to come in, kind of, below your historical charge off guidance. I think you guys have spoken to around the $25 million to $35 million — historically?
Mariner Kemper: When you say below, do you mean more losses or do you mean better performance? I might ask that question, which way you’re asking the question?
Nathan Race: I would just think that perhaps charge offs this year can come in below or better than that historical, kind of, talked about Mariner?
Mariner Kemper: Well, I guess, I would suggest, you know that — as has been referenced on the call already, it’s a softer environment. I wouldn’t suggest us to — we’re going to do a lot better or anything because for any reason. I mean, we expect that we can continue to perform the way we have been performing. Don’t see anything that on the rise that makes it anything better based on any information that’s out there. I think we can just keep doing what we’ve been doing.
Nathan Race: Okay, great. I appreciate you guys taking the questions. Thanks for the color.
Mariner Kemper: Thanks, Nate.
Operator: Thank you. This is all the questions we have today. So I will now hand back over to the management team for any closing remarks.
Kay Gregory: All right. Well, thank you everyone for joining us today. The replay will be up on the website shortly, and if you have follow-up questions, you can reach us at 816-860-7106. Thank you and have a great day.
Operator: Thank you everyone for joining today’s call. You may now disconnect your lines and have a lovely day.
