Reports net interest income for the quarter ended December 31 was $78.3M , an increase of $3.5M , or 4.7%, compared to the quarter ended September 30. The increase was primarily driven by a $7.5M decrease in interest expense paid on interest-bearing deposits and a $1.6M increase in interest income earned on average interest-earning balances due from banks, partially offset by a decrease of $6.1M in interest income earned on loans held for investment .
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