So similar to the other local banks, we have 50% to 60% of our loan portfolio is fixed rate, but it is funded by a very strong, large and stable core deposit base. So our current modeling in, say, plus 100 rate environment has net interest income increasing about 5%. That modeling ...
By The Associated PressUpdated July 24, 2023 Share WASHINGTON — When Chair Jerome Powell and other Federal Reserve officials gather this week for their latest decision on interest rates, they will do so on the cusp of achieving an elusive “soft landing” — the fe...