Jefferson Harralson: Yes, so I think it’s a $1 million to a $1.5 million lower than what our operating number was this quarter. And I think you have the Progress number about right. And so I think you add those together for Q1, now you have some FICA coming back in Q1. So you have some — so you have some seasonal Q1 things that happen. But then you have cost savings of the $13.5 million that we expect to get probably starting some in Q2, it’s pretty close to the full realization in Q3, full run rate realization in Q3.
Michael Rose: Okay, thank you for that. And then just finally, just more broadly speaking, obviously, the Progress deal just closed. There’s a lot of dislocation on the market. I know you guys have been pretty active on the acquisition front. But the economic backdrop at least is deteriorating, is that kind of put additional acquisitions for the time being on hold? Or will you just be continue to be opportunistic like you said in the past? And obviously, I think you’ve identified some end market opportunities within your footprint, whoever knows — who knows when they can come, but any reason that you wouldn’t continue down the M&A path, just in light of the backdrop? Thanks.
Lynn Harton: Yes, thanks. This is Lynn. So I would look at it a little bit like, like lending money, we’re going to always lend money, but in different environment where we’ve got to be more selective. So I think, we have always liked smaller transactions, always like transactions in great markets. We’ve always liked conservative lenders out but I would say, we’d probably put a little extra look at that, we’d probably look a little extra look at liquidity. And because at the end of the day, the sellers are the one that take — that determine the timing. So all that to say is, we would potentially still be in the M&A game, but you would want it to hit all those. Anything we announced you’d expect it to hit all those triggers in terms of small size, great market, high liquidity, conservative underwriting, it’d be one that you’d want us to do.
Michael Rose: Great, thanks for taking my questions.
Operator: And now we have a question from Kevin Fitzsimmons from D.A. Davidson. Please Kevin, go ahead.
Kevin Fitzsimmons: Hey good morning, everyone. Most of my questions have been asked and answered, one question about the — I think when you were talking about the loans and the type of loans that might be dialed back a little, I believe that was mentioned — residential mortgage was mentioned. Is that and if that’s true, is that simply that it’s getting to a size contribution to the loan mix where you’re less comfortable taking that up? Or is it something changing in the market, just curious.
Richard Bradshaw: Good morning, Kevin. This is Rich, and I think we’ve been very disciplined about concentration risk. And that’s really the biggest part of the CEP portfolio that we’re doing. Other areas, probably two years ago, we started slowing way down on senior care. The underwriting criteria for Multifamily has certainly become tighter. And also just the mere facts that you’re stress testing, interest rates has made that a little bit more of a challenging product. But we continue to look at different aspects with, we’re talking about office deals, we haven’t seen an office deal in senior credit committee, I can’t tell you how long. So those are just some thoughts.
Lynn Harton: I’ll just add in there and Rich did mention it. But some of it is just interest rate risk management, you’re putting on a five year, seven year or 10 year paper, and what might be a rising rate environment, and we’d rather just have a little bit less of that coming on.
