![]() ![]() Our next question comes from the line of Matthew Clark with Piper Sandler. And so part of that is maybe a reallocation of that expense into expanding in certain parts of our footprint. But also while the merger was pending, we expanded our footprint, and we’re in some new markets, and we’re going to invest in those markets. The one thing I would add to that is part of the reason we said early on that we had a higher internal target was the uncertainty around inflation. We will talk more about that in the October call once we hit the $135 million outlook for the balance of Q4, we could see going into Q1.Ĭlint Stein: Jeff, this is Clint again. That number does not include the additional above the $135 million. Ron Farnsworth: Hey, Jeff, this is Ron again. Is that inclusive of those additional opportunities? Or are we looking at something lower than $240 million to $250 million and is that timing outside of this calendar year? I can’t carve out – you guys kind of talking about opportunistically, you might have more cost synergies than you announced on the deal. The outlook slide on the expenses for the $240 million to $250 million run rate. I’m sorry, one last, just a housekeeping. So my expectation is if I’m looking at the pipelines and thinking about kind of historical trends, we’ve got some nice momentum for deposit activity in the second half of the year. Typically for us, the second half of the year, especially because of the ag portfolio, you start to see a run up in deposit balances. So you just – it’s just a natural flow of cash being used for business activities. I think the best way for me to answer that is if I look at the – even the change in the average account balance quarter-over-quarter, it’s from $20,000 on the consumer side to $19,000 in $118 to $117 million. ![]()
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