Ben Gerlinger: Got it. Okay. Just confirming that one. So when you think about the incremental dollar at this point, without giving away too much of your playbook, how are you guys approaching the new – the next dollar? Are you looking for relationships that automatically have to bring over deposits from day one on the new loan? You’re looking for any different niche avenues of deposit pricing or deposit gathering at a lower price and then kind of juxtapose against that. How is the flows or mix shift changed over the last, call it, 60 days?
Timothy Crane: Well, we’re always looking to gather deposits at lower costs. And with the commercial relationships we win from the treasury businesses and the operating accounts that are generally at the most favorable price. The MaxSafe product for us is mostly interest bearing. There’s several flavors of it, some that are for municipalities, for example, and some that are for our corporate customers. At the margin that’s, call it, 4%. And then we’ve been offering some promotional type CD activity that we really use to kind of balance the remainder of the activity. So we’ve got a lot of levers to pull. We’re certainly asking for deposits with our customers, but frankly, that’s not anything new for us. I mean we want the relationships and we want the operating accounts from these companies.
So we think we can gather deposits at an appropriate level that allow us to operate as we have. We talked about the loan yields and structures being attractive to us. And so we don’t think at the moment we’re giving up a lot in terms of spread.
David Alan Dykstra: Yes. And we also – this is Dave. We also think we have a great position in the Chicago market. We’ve got the fourth largest deposit market share behind three big guys: Chase, Bank of America and BMO. And then it really falls off for at least for banks headquartered in Chicago and Illinois. We actually have the largest market share and we’re less than 10% in Chicago and in Illinois, quite frankly. And the big banks really, as we talked earlier, aren’t the ones putting the pressure on some of the regional banks that have presence here are offering higher rates and the community banks are pretty disciplined. So if someone wants to do business with a larger bank that’s located in Illinois, we’re sort of the go to bank.
And we give great service. So we think we’re uniquely positioned to take advantage of this, offer good products, give good service and cement in the customer relationships. So we’re kind of excited about the opportunities there.
Ben Gerlinger: Got it. That’s helpful. And then if we could switch gears a little bit towards credit. I know the guidance here was a little bit softer loan growth in the back half of the year to get more in line with previous guidance. When you think about the provision, I know that CECL is a large component, and, frankly, the first half of this year feels like the first half of the decade. So that’s a bit unknown economically speaking. But how do you guys think about the provision going forward? If loan growth slows a little, do you think the provision could come down from here? Or how do you guys approach it?
