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Compared to the fourth one-fourth out of 2022, web mortgage costs-offs decreased $twenty four million, mainly highlighting all the way down industrial online mortgage fees-offs. Net unrealized losses for the available in the market ties was $3.six billion from the December 30, 2023 coming down away from $5.cuatro billion at the Sep 31, 2023 and you may $cuatro.cuatro billion from the December 30, 2022. Both in reviews, the newest decrease primarily reflected the nice impact of interest price movements. Noninterest expenses improved $600 million in the next one-fourth out of 2022 because of the FDIC special assessment and you can employees prevention costs, partially offset because of the a continued work at expenses management.
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