Compared to the fourth quarter of 2021, adjusted non-interest expense grew by 8% as a result of the increase in minimum wage, investments in revenue-generating businesses, technology, and acquisitions, higher call center staffing to support our clients post-merger, and a normalizing T&E spend.

Jan 19, 2023 / CFO / receipt, needs a key / Mike McGuire, CFO | earnings call 2023-01-19 | transcript b8adab1e-21fb-425b-9e0a-e67dfba07436 | chars 18463-18757 | segment 18