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