In turning to expense management, as we discussed on last quarter's call, we fully executed our cost savings initiative earlier this quarter. This initiative was designed to reduce overhead to offset revenue compression associated with the current interest rate environment. At this point, we are done with this exercise and expect adjusted non-interest expense in 2024 to be down significantly from 2023 and do not expect further one-time expenses.

Apr 26, 2024 / receipt, needs a key / Chuck Schaefer, CEO | earnings call 2024-04-26 | transcript 7e52496f-d70f-4191-b23c-5ace53b976e8 | chars 2598-3047 | segment 2

Yeah, the way I think about it, Brady, is, you know, we're focused, like I mentioned in my prepared comments, on two things or kind of our two priority focuses. One is deposit growth. It's very important. And two is expense management. You know, I think we still have opportunity on expenses here going into 2024. We're keenly focused on that inside the company right now. If we saw a team or a banker or a few bankers that would be immediately creative, they have the ability to drive business to us that fit our culture and want to be a part of us, we certainly would look at those opportunities. But I would describe it as being carefully opportunistic is the best way to describe it. We're not going to aggressively go out and hire right now. If we see somebody that's really a strong player and wants to join the franchise, we'll certainly look at that. But expense management is a key focus of ours and really will be going into 2024.

Oct 27, 2023 / receipt, needs a key / Brady Gailey, other | earnings call 2023-10-27 | transcript 413428a2-9235-4bf8-bbde-b8203d6fb3ba | chars 30394-31334 | segment 31

Looking forward, we will operate with a disciplined and prudent approach to expense management. Cost synergies from recent acquisitions and recent expense reduction initiatives continue to positively impact results.

Oct 27, 2023 / receipt, needs a key / Tracy Dexter, CFO | earnings call 2023-10-27 | transcript 413428a2-9235-4bf8-bbde-b8203d6fb3ba | chars 9881-10096 | segment 10

Our hotel exposure is well diversified. The majority of our exposure is beach side or along the interstate and major arteries both of which have benefited from weekend travel and there are no occupancy restrictions.

Oct 28, 2020 / receipt, needs a key / CEO, CEO | earnings call 2020-10-28 | transcript d4e749e0-64b1-4563-aef1-bbb818ba1511 | chars 21391-21606 | segment 21