Good morning, and welcome to Byline Bancorp's first quarter 2022 earnings call. My name is Emily, and I will be your conference operator today. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer period. If you would like to ask a question, simply press the star followed by the number 1 on your telephone. If you would like to withdraw your question, press star and two. If you are listening via speakerphone, please lift your handset prior to asking your question. If you require operator assistance, please press star then zero. Please note that this conference call is being recorded. At this time, I would like to introduce Brooks Rennie, Head of Investor Relations for Byline Bancorp, to begin the conference call. Please go ahead. Thank you, Emily. Good morning, everyone, and thank you for joining us today for the Byline Bancorp first quarter 2022 earnings call. In accordance with Regulation FD, this call is being recorded and is available via webcast on our investor relations website, along with our earnings release and the corresponding presentation slides. Management would like to remind everyone that certain statements made on today's call involve projections or other forward-looking statements regarding future events or the future financial performance of the company. We caution that such statements are subject to certain risks, uncertainties and other factors that could cause actual results to differ materially from those discussed. The company's risk factors are disclosed and discussed in its SEC filings. In addition, certain slides contain and we may refer to non-GAAP measures, which are intended to supplement, but not substitute for, the most directly comparable GAAP measures. Reconciliation for these numbers can be found within the appendix of the earnings release. For additional information about risks and uncertainties, please see the forward-looking statements and non-GAAP financial measures disclosures in the earnings release. I would now like to turn the conference call over to Alberto Paracchini, President of Byline Bancorp. Thank you, Brooks. Good morning, and welcome everyone to our first quarter earnings call. We appreciate all of you joining us this morning. With me on the call today are our Chairman and CEO, Roberto Herencia, Lindsay Corby, our CFO, and Mark Fucinato, our Chief Credit Officer. As is our normal practice, I'll start by walking you through the highlights for the quarter and then pass the call over to Lindsay, who will provide you more detail on our quarterly results before opening up the call for questions. Turning over to slide three of the deck. During last quarter's call, we mentioned that the momentum we had in 2021 would carry forward into the first quarter of 2022, and we were correct on that assessment. Notwithstanding the fact that the first quarter turned out to be one of the most volatile periods we've seen, driven by continued elevated inflation, a more aggressive response from the Fed than expected, and the challenging situation in Ukraine, we delivered excellent first quarter results. The results were driven by positive trends in several key areas. First, we had terrific loan growth during the quarter, which was in part aided by lower payoff activity and higher line utilization. Second, deposit growth continued to be strong. Third, we continued to experience outstanding credit quality, which when combined with strong capital generation, allowed us to continue to grow the business and return capital to shareholders. All that said, we've been in this business too long to think the credit and/or operating environment will always be so benign. We don't take this for granted and continue to proactively monitor our portfolio and business lines for any sign of stress. Net income for the quarter came in at 22.3 million or 0.58 per diluted share. This was an increase when compared to the previous quarter and year-ago period. Profitability and return metrics were solid across the board. ROA came in at 135 basis points, while ROTCE was 14.4%. Pre-tax pre-provision revenue was at 33.6 million, which puts our pre-tax pre-provision ROA at a robust 203 basis points, up 74 basis points from the previous quarter and essentially flat on a year-over-year basis. Revenue for the quarter came in at 78.2 million, which was a bit lower linked-quarter, but up 8% from the year-ago period. Moving on to the balance sheet. The first quarter saw continued growth in both loans and deposits. Loans ex-PPP increased by $339 million or 31% annualized and stood at $4.8 billion as of quarter end. This was the fourth consecutive quarter of very solid loan growth that culminated with loans, again, excluding PPP, growing by 950 million or 24% on a year-over-year basis. The first quarter for us tends to be seasonally slower. Notwithstanding, overall business activity was strong and we saw well-balanced growth across all our lending businesses. We originated 325 million in loans for the quarter, up from 280 million the prior quarter, and benefited from lower than expected payoffs, strong lease originations, and solid customer activity. On this latter point, we continue to benefit from customers increasing their use of their lines. As we saw utilization tick up by one percentage point to 54% from 53% last quarter, which contributed to commercial loan growth. Our government guaranteed lending business had another quarter of strong production with 129 million in closed loans, which as expected, was lower than the fourth quarter, but up 16% on a year-over-year basis. Deposit trends continued to be favorable during the quarter. Total deposits grew by 375 million or 30% annualized and stood at 5.5 billion as of quarter end, a record level for the company with the growth coming primarily from money market accounts. The mix remained strong with DDAs representing 41% of balances. Deposit costs were flat on a quarter-over-quarter basis and remained at a cycle low of eight basis points. With respect to profitability, our margin contracted 15 basis points to 3.81 from 3.96 last quarter. This decline was driven primarily by lower loan fees and PPP fees. That said, our margin remains strong both in absolute terms and relative to peers. If we exclude accretion and PPP fees, which are both not material for us at this stage, our margin declined by five-six basis points and remains in the top decile for banks our size. The combination of an asset-sensitive balance sheet and high quality deposit base positions us well over the next several quarters for the expected rising rate environment. Net interest income came in at 19.4 million, up 2% from last quarter and 23% over last year. Of note this quarter was a nice pickup in our wealth management fee income, which increased by 36% on a year-over-year basis. The balance between revenue and expenses remain well managed with our efficiency ratio coming in at just under 55% for the quarter and improving both against last quarter and the prior year. Asset quality results were very strong for the quarter. Credit metrics were solid across the board with NPLs, NPAs, and charge-offs continuing to decline quarter-over-quarter in both dollar and percentage terms. Capital remained strong with a CET1 and total capital ratios of just under 11 and 14% respectively. Our financial performance and strong capital base allowed us to continue to return capital to shareholders. With the repurchase of approximately 283,000 shares of common stock and the redemption of our Series B preferred stock on March 31st. This being in addition to our quarterly common dividend of 0.09 per share. Given the strength of the balance sheet, we believe we're well positioned to continue to support organic growth, invest in the franchise, and return capital to shareholders. With that, I'd like to turn the call over to Lindsay, who will provide you more detail on our results. Thanks, Alberto. Good morning, everyone. I'll start with some additional information on our loan and lease portfolio on slide four. Our total loans and leases were 4.8 billion at March 31st, an increase of 227 million or 20% annualized from the end of the prior quarter. Excluding PPP, loans and leases increased by 339.4 million from the prior quarter. We saw payoffs moderate for the quarter, down 180 million- 127 million. Our originated portfolio increased by 387 million when PPP loans are excluded for the quarter. Each commercial lending area of the portfolio increased from the prior quarter. While macroeconomic conditions may pose a heightened level of uncertainty, we are reaffirming our loan and lease guidance towards the higher end of our range with projected high single digit growth for the year, assuming normalized payoff activity. Turning to slide 5, we'll look at our government guaranteed lending business. At March 31, the on-balance sheet SBA 7(a) exposure was 478 million, approximately 15 million higher than at the end of the prior quarter, with 92 million being guaranteed by the SBA. The USDA on-balance sheet exposure was $65 million, flat from the end of the prior quarter, of which 26 million is guaranteed. We continue to see improving trends in this portfolio. As a result, we've slightly decreased our allowance as a percentage of the unguaranteed loan balance to 7.4% from 7.8% at the end of the prior quarter. Moving over to deposits on slide six. We continue to benefit from our strong core deposit trends. Growth continues to be concentrated in commercial transaction deposits that are replacing higher cost of funds. As expected, our total cost of deposits remained flat at eight basis points. With rates expected to rise, we would anticipate deposit pricing pressure at some point later this year. Commercial deposits represent about half of our total deposits and 77% of non-interest-bearing deposits. Time deposits represent 11% of total deposits. Our deposit composition continues to be a core strength of our franchise. Moving on to net interest income and margin on slide seven. Our net interest income was 58.7 million for the quarter, a decrease of 4.8% from the prior quarter. This was primarily due to lower loan fees and lower volume of PPP forgiveness. Net interest income on a year-over-year basis increased 12.3% as a result of replacing PPP loans with organic loan growth. On a GAAP basis, our net interest margin was 3.81 for the first quarter, down 15 basis points from the last quarter, but up 4 basis points from the year ago period. Accretion income on acquired loans contributed 10 basis points to the margin for the first quarter, up from nine basis points in the last quarter. PPP interest and net fee income combined contributed 2.7 million to net interest income for the first quarter, compared to 4.5 million from last quarter. Looking forward, our GAAP margin will be impacted by the 1.3 million of remaining net processing fees from PPP, which we expect to be recognized over the remainder of the year. As a result of the rising rate environment, our asset sensitive profile and our organic growth, we believe our net interest margin, excluding accretion and PPP, will begin to expand during 2022. Moving on to slide eight. We have intentionally maintained a balance sheet that is balanced and an approach to its management of interest rate risk. We believe our asset-sensitive balance sheet positions us well for rising rates, and we estimate that an immediate 100 basis point increase in the interest rates will result in an additional 8.5% increase in net interest income. To break it down further, every 25 basis point increase would result in approximately 4 million-5 million of additional net interest income on an annualized basis. Approximately 65% of our asset sensitivity stems from the short end of the curve. The asset sensitivity is principally driven by our loan portfolio, of which 60% of loans, excluding PPP, are variable rate. Turning to non-interest income on slide nine. In the first quarter, our non-interest income increased 2.2% from the prior quarter. The increase was primarily attributed to other non-interest income due to higher swap income and a small change in our loan servicing asset revaluation this quarter. We sold 102.3 million of government guaranteed loans in the first quarter, an increase of 38% from the year ago period. The net average premium continued to be strong at 11.6% during the quarter, which was, as expected, lower than the fourth quarter. Our pipeline for government guaranteed loans remains strong, and we anticipate premiums decreasing throughout 2022 and returning to pre-pandemic averages. Moving to non-interest expense trends on slide 10. Our non-interest expense was 44.6 million in the first quarter, a decrease of 14.4 million or 24.4% from 59 million in the prior quarter. The decrease was primarily attributed to two factors. First, we saw a decrease of 12.4 million in asset impairment charges, which were taken during the prior quarter due to branch consolidations and our real estate strategy. Second, we saw a decrease of 3.2 million in loans and leases related expenses, mainly related to the recapture of government guaranteed loan expenses of approximately $1 million. As a reminder, the previously announced branch consolidations have occurred in the second quarter and the cost saves associated with that will be realized beginning in the second half of 2022. We continue to focus on our expense run rate and look for opportunities to gain efficiencies. We believe the quarterly non-interest expense run rate will trend between 45 million and 47 million. Turning to slide 11. Asset quality remains strong. We reflect our prudent risk culture, diverse portfolio and current economic conditions. Our non-performing assets declined 5 basis points to 33 basis points of total assets. Our non-performing loans declined nine basis points to 42 basis points of total loans and leases. Net charge-offs decreased 5 basis points from 37 basis points on average loans and leases in the prior quarter. Our provision expense was 5 million for the first quarter, an increase of 37 basis points compared to the prior quarter. The increase in the provision during the quarter was mainly driven by growth in the loan and lease portfolio and changes in qualitative factors due to the macroeconomic environment. We believe we continue to have a high level of total loss absorbency as measured by allowance plus acquisition accounting adjustments, which represented 132 basis points of total loans and leases, excluding PPP loans at March 31st. We believe our reserve levels reflect current credit conditions, but also take into account uncertainty associated with inflation, rising rates and geopolitical events. As a reminder, we are still accounting for our reserve under the incurred loss model, and we will be adopting CECL at the end of 2022. Turning to slide 12. Our capital and liquidity levels remain strong. Of note, the rapid rise in rates resulted in an unrealized loss on the available for sale securities that combined with share repurchases, common and preferred dividends, net of the bank's earnings, resulted in a 0.99 reduction in tangible book value, a 5.6% decline. Our total common equity to tangible assets remains above our peers at 9.36%, and we believe our capital ratios position us well to pursue both organic and strategic opportunities. Through the first three months of the year, we returned 50% of our earnings to stockholders through the common stock dividend and our share repurchase program. We will seek to continue to opportunistically manage our capital through share repurchases. With that, Alberto, back to you. Thank you, Lindsay. Moving on to slide 13. As you can see, our strategy remains consistent, and we remain laser-focused on executing it. While the outlook is complicated by geopolitical uncertainty, high inflation and the corresponding forecast for aggressive tightening by the Fed, we're well positioned to tackle both the challenges and opportunities this environment creates. Despite the potential macro headwinds, we're optimistic on the outlook for the rest of the year. Our pipelines remain strong, our business is well diversified, and our bankers are focused on growing new and existing relationships which should translate into growth in loans and deposits. We also remain optimistic about opportunities for growth in front of us, both organically and through M and A, while continuing to create value for shareholders. In closing, I'd like to shout out to our employees who once again enable our strong performance through their commitment to clients, dedication and hard work. With that, Emily, let's open the call up for questions. Thank you very much. If you would like to ask a question, please do so now by pressing star followed by one on your telephone keypads. If you change your mind and would like to withdraw your question from the queue, please press star followed by two. When preparing to ask your question, please ensure that your device is unmuted locally. Our first question today comes from the line of Nathan Race from Piper Sandler. Nathan, your line is open. Yeah. Hi, everyone. Good morning. Good morning. Good morning, Nate. Maybe just start off just on the deposit growth in the quarter. Obviously super impressive to see that in conjunction with the really strong loan growth as well. Just curious, kind of dig into the drivers of the deposit growth in the quarter. Was it just a function of share gains, maybe clients holding onto additional excess liquidity with all the uncertainty and supply chain issues out there, perhaps delayed projects or other dynamics at play that we should be thinking about? Yes, Nate. I think it's fair to say it's probably a combination of all of the points that you just mentioned. I mean, share gains, you know, growth in existing relationships, new relationships, liquidity in the system. I think it's a fair statement to say it's probably a combination of all. Okay, great. Just maybe thinking about the margin outlook going forward, ex-PPP and accretion. You know, I appreciate all the additional disclosures in the deck around the floating rate nature of the book and just the impact of floors as well. So just kind of unpacking the NII sensitivity to rates up 100 basis points. You know, assuming we get at least that over the course of this year. Lindsay, is it fair to assume kind of the margin for maybe a 3.60% level ex accretion and PPP in the quarter is maybe closer to 3.80% by the fourth quarter of this year? Nate, I don't typically give guidance on exact percentages. NIM's really an outcome more so than anything else. But we do think it's going to expand. We did give guidance in my prepared remarks around every 25 basis points reflecting 4 million-5 million of additional NII. I think that should help get you there. But we do think it will expand as I did say. The next quarter will be a little slower, and then it'll pick up because as you can see in the disclosures on that new slide that we added in the deck, you can see that really the bulk of the portfolio does reprice after the 100 basis points there. I think that there's enough there to give you a good sense on a core basis what it should look like. Yep. Nate, to add to what Lindsay said, we also obviously the tightening that happened in the first quarter came very late in the quarter. Obviously we didn't benefit hardly. We saw hardly any type of benefit this quarter from rising rates. We feel pretty good about where the margin is today. As you know, relative to our peer group, our margin is pretty strong, and we think we're well positioned for rising rates. That's helpful. Then just maybe turning to the government guarantee lending segment. You know, volumes, you know, were up nicely last year. You know, they're up year-over-year versus the first quarter of last year. I guess how are you guys kind of thinking about the origination capabilities of your team, just given all the market dynamics out there? You know, obviously you guys are a big 7(a) lender and, you know, those are floating rate loans. I'm not sure if there's any kind of constraints on origination capabilities and borrower demand, just given what rates have done and are likely to, you know, do going forward in terms of impacting volumes in 2022. Yeah. That's a great question, Nate, and we really think that the team's doing an excellent job. The volume's been great year-to-date, and you did point out how it increased quarter-over-quarter last year. We really think that the pipeline's very robust right now and it looks good. Obviously, the interest rate environment will play into you know, the overall outcomes for the year. We'll see. Right now the pipeline's robust and we feel really good about our team's ability to execute and continue producing. Okay. That's great. I appreciate you guys taking the questions and all the color. Thank you. Thanks, Nate. Thank you. Our next question comes from Ben Gerlinger from Hovde Group. Ben, please go ahead. Hey. Good morning, everyone. Morning, Ben. I was curious if we could take a minute here to talk about loan growth in general. I think, Lindsay, you said you're gonna keep the guidance of kind of high single digits. Is there anything you're seeing maybe people tapering expectations a little bit for their own growth from your clients? I'm just trying to think about loan growth in general here. Like, you've achieved basically half of your annual outlook. Are you seeing something that could potentially slow it down dramatically in the next three quarters, or is it just conservatism because we live in a pretty volatile world? Well, I think the first quarter we had very muted payoffs, Ben. I think you got to take that into effect, in terms of our guidance. Again, yes, it was a fantastic quarter, and sometimes the ball bounces our way with payoffs being muted for a quarter. Again, assuming normalized payoffs, as I said in my remarks, we think it'll be at that high single digit number for the year. I think, Ben, also just to also add to that. We don't know yet the impact that rising rates. I think it's our sense is that there's gonna be an adjustment here over the course of the year as borrowers, particularly on the real estate side, is where we kinda see probably more potential in the short run as borrowers just adjust to higher rates. The environment has been one which has been very conducive to folks getting used to operating with a rate environment that of very extremely low rates. I think the market will adjust. We don't really have a good sense of. We don't have any view on that. We just. It's just our expectation. As Lindsay said, we had a phenomenal quarter in terms of payoff activity. It was lower than what we expected. Also remember, we're benefiting too from customer activity in the form of line utilization. Every percentage point increase in line utilization certainly helps as it pertains to loan growth. We are not yet at the levels of line utilization that we were at prior to COVID. We're probably five points below that at this point. It's been trending up nicely, and that has certainly contributed to the growth that we've been seeing here over the last four quarters. Got you. Okay. Yeah, that is helpful. My other question had to do more with the expense guidance of 45 million-47 million or so. Does that include any outsized hires? I mean, obviously it includes some hires for any sort of normal course of business. With the Chicago market continuing to see a lot of resumes changing hands from past deals and disruptions, does that embed a sense of a cushion to allow for additional team members added to Byline? Yeah, that's a great question, Ben. It does. So it does include some newer hires and some, you know, that are on the horizon. As you pointed out, it is active out there and lots of resumes being exchanged. Yes, that does give us some room for additional hires. Okay. Sounds good. Thanks, guys. Thank you. Our next question comes from Terry McEvoy from Stephens. Terry, please go ahead with your question. Hi. Good morning, everyone. First of all, I'll just reiterate what Nate said. Thank you for page eight and all the incremental disclosures. Very, very helpful from our side of the table. Maybe my first question, Lindsay, I think you just said you expect higher deposit costs later this year, which I think we all on the call would agree with. Maybe you could just talk about, are the larger banks in your market, have they moved rates higher? Have you had to adjust rates? I guess, you know, the underlying kind of thesis behind your comments was just expectations that rates go higher, and at some point the market will change and Byline will need to react. Yeah. Great question, Terry. In terms of the market right now, we're not really seeing a lot of competition and price adjustments going on at this point in time. My comments are really, obviously with the increased rate environment and things that are to come. I think that you'll see loan-to-deposit ratios really play into that and what ultimately happens. I think, you know, the higher the loan-to-deposit ratio, the faster the deposits will start moving up. Right now we're definitely seeing that lag, and we anticipate seeing the lag here for the near future as we head into the remainder of 2022. That's where we think we're going to see some pressure. Okay. Back on the lending side. I'm just wondering how was any of the increase in C&I line utilization called a temporary building of inventory levels given the world that we live in? Or do you think your clients were making, you know, serious investments in their business? I'm just trying to get a sense of the sustainability of the commercial loan growth we just saw last quarter. I think it's a combination of both, Terry. I think certainly the environment, you have costs of raw materials going up. I mean, even, you know, with inflation and a lot of our customers being able to pass on to customers in the form of higher prices, ultimately finished goods, that translates into ultimately higher receivables, right, for the same number of units. So there's no question that higher inflation plays a part in the sense that inventories are rising as a result of that, receivables rise as a result of that. But also to the second point that you bring up, it's also driven by customer activity. So I think it's a combination of both. Thanks. Then maybe just one last question. Could you just talk about the returns today between M and A and team lift outs? I'm just trying to interpret that second to last bullet on slide 13, just based on M and A pricing expectations as well as just the cost to bring on new teams. Our view is team lift outs are always. I think in the past this is a question that was asked just now, is any time that we have an opportunity to really attract talented bankers to the organization, we are gonna take advantage of it. It's just. We think we have a great platform. We think we have a great home for talented bankers to serve clients. I think the answer to that, Terry, is that's something that we would pursue always, not necessarily in lieu of one versus the other. We always want to drive organic growth. You know, team lift outs is something that we've been able to prove in the past that has translated well for us and for our shareholders. Great. Thank you both. Thank you, Terry. Thank you. Our next question is from Damon DelMonte with KBW. Damon, go ahead. Hey. Good morning, everyone. Thanks for taking my question. Congrats on a great quarter, by the way. Morning. Just wanted to get your thoughts on the outlook on credit and kind of how we should be thinking about provision going forward and kind of expectations for net charge-offs. Lindsay, hoping you could provide a little color on that. Sure, Damon. In terms of the outlook, we remain vigilant. We really saw great credit quality this quarter, and as you can see by our numbers, charge-offs went down drastically here during the quarter. Right now, the credit environment is great. As we said in our prepared remarks, we don't think that this is something that will stay forever, and we remain vigilant, and we're looking out into the future. Alberto pointed out in his remarks, Damon, that we continue to look at the portfolio for any signs of stress and that's something that we're looking at and on top of. I do think that the provisioning going forward, Damon, is gonna be a function of loan growth here in the near term. As we continue to grow, we need to provide for that, and then we'll keep an eye on asset quality and any signs of weakness and make sure that we're well-covered there. I do think that, you know, we'll continue to provision here as we go forward and grow. In terms of charge-offs, I do think you can look back historically. At some point they are going to go back to those historical averages. We're, you know, obviously didn't see a whole lot this quarter and the credit outlook right now is great, but it. We don't anticipate that lasting forever. Got it. Great. That's great color. Thank you. Just kind of a technical question here. What's your projected effective tax rate going forward? Great question. It was down this quarter, so we do think it'll go back up to the 25%-27% range as we've guided, historically. Perfect. Okay. Great. Everything else has been asked and answered. Thanks a lot. Appreciate it. Great. Great. Thank you. As a reminder, for any questions, please press star followed by one on your telephone keypad now. Our next question comes from Brian Martin from Janney. Brian, your line is open. Hi. Good morning, guys. Good morning, Brian. Morning, Brian. Yeah, just maybe one follow-up on the loan outlook and maybe just it sounds like, you know, obviously the quarter, great quarter on the loan growth side and just it sounds like the pipelines are still really strong even though, you know, all the production this quarter. Can you just give any little bit more granularity on where the optimism in that, in the pipeline today is? You know, what, where do you expect the growth over the next, you know, couple quarters here based on what the pipeline's showing today? You know, I understand the comment, Lindsay, about the payoffs potentially coming, but just sounds like there's still, you know, a lot to be optimistic about on the loan growth front. Yeah. I think, Brian, I think the pipelines on the whole are good, very good. In terms of, you know, what areas, I mean, maybe just to give you some color, I think commercial remains strong. I think our SBA pipeline, government guaranteed pipeline remains very strong. Our leasing business has shown this quarter, you know, grew very nicely. The pipeline there remains, you know, very strong. Real estate, you know, has a good pipeline. In relative terms, probably real estate is one that's I think the market as a whole is going through an adjustment. You're seeing projects have to grapple with not only higher interest rates but also much higher material costs for projects, and I think sponsors are adjusting to that. I think ultimately, I think the market will adjust, but that's probably where I would, you know, in relative terms expect some weakness, relative to the others. Hopefully that gives you some color. Yeah. No, that's helpful. I appreciate it, Alberto. Maybe just one, just on the comments about the sensitivity, Lindsay, just the deposit betas you guys are thinking about, can you give any sense for how you're, you know, certainly it sounds like for the near term it's not much of a factor at all, but just as you get a little further down the road, how you're thinking about the deposit betas and that kind of guidance you gave as far as the impact of the rate increases. Yeah. Brian, in terms of betas, currently they're lagging. Near term I think they'll still lag. Historically we were kind of between 30%-35% I'd call depending on what you're looking at and timeframe. You know, we look back over the history, and we think that it'll be a little slower this time, just given the liquidity that they. I did provide in my remarks to an earlier question that I do think it's a function of loan-to-deposit ratios. As we see those creep up, then I think it could speed up. It's all those factors at play right now, Brian. We'll see what happens. We do think it'll be a little slower. Gotcha. Okay. You know, given the deposit flows and how strong they've been, you know, I guess with rates going up, I mean, is your expectation that the balance sheet still grows from here, or do you expect some, you know, some slowing on the deposit side, you know, prospectively? No. I mean, we're always looking to grow deposits. We had a great quarter and showed great growth. No, the goal is to continue growing deposits and self-funding whenever possible. Right. I just didn't know if you're expecting much in the way of run-up. I, you know, maybe muted some of that growth, you know, the organic growth you typically get. Yeah. I mean, you're always gonna have some ebbs and flows, especially with some larger commercial customers. Nothing that I foresee that'll swing it one way or another. Yeah. Okay, I appreciate it. Just one last one. I think an earlier call or a question on the M and A. Would you say that the M and A environment has slowed at all from a dialogue standpoint? You know, I understand, you know, the comments in there in your, you know, certainly your model going forward, but just the dialogue itself, have you seen a slowdown that- Dialogue, I think, is very good, Brian. I think it's. A lot has changed in the quarter, from where we were early January to all of the things that have transpired. Again, we seem to say this at least once a year, where we have expectations and then sure enough, you know, things change materially. I think dialogue is good. It's just I think the market in general, and M&A is not any different. It's just adjusting to all of the things that are impacting, in the case of M and A, impacting stock prices for financials and just, you know, the environment as a whole in terms of the outlook for the business. Yeah. Okay. Perfect. Well, thank you for taking the questions, and nice quarter, guys. Thanks, Brian. Thank you, Brian. Those are all the questions we have for today. I'll now turn the call back to Alberto to conclude. Thank you, Emily. That concludes our call for this morning. On behalf of all of us here, thank you for your time today, your interest in Byline, and we look forward again to speaking to you next quarter. Thank you. Thank you everyone for joining us today. This concludes our call. You may now disconnect your line.