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This really is still a much higher exposure ratio compared to the pre-pandemic average. Searching deeper to your CRE portfolio, the elevated PDNA cost from low-owner-occupied assets financing carried on regarding the last one-fourth, motivated from the portfolios of your large institutions. Since the industry’s quantity of PDNA non-owner-occupied CRE fund decreased 680 million, or 2.8 percent, quarter more one-fourth, the industry along with said expands in charge-offs for it profile.

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