Question-and-Answer Session
Operator
Thank you. We will now begin the question and answer portion. (Operator Instructions). Our first question comes from Terry McEvoy from Oppenheimer & Co, please go ahead.
Terry McEvoy - Oppenheimer & Co
Thank you, and good morning.
Dennis Hudson
Good morning.
Bill Hahl
Good morning.
Terry McEvoy - Oppenheimer & Co
I want to hear a good comment about July deposit trend just given the concerns in the market place whether you noticed any significant changes among your customer base or that of other financial institutions in Florida.
Dennis Hudson
No, we've not detected any increased activity or negative trends and now we are now moving into our summer month which typically would be some deposit decline. We are pleased that we have not seen that occurs, so, I think perhaps we see funds that are moving out of other types of products back in the bank deposit.
Terry McEvoy - Oppenheimer & Co
I was wondering if you could provide a breakdown of the charge also, $33.5 million. Just provide a little bit more insights specifically where in the loan portfolio that was coming from.
Dennis Hudson
Well, you can be rest assured that it is all, almost exclusively out of our developer and land exposures.
Bill Hahl
On slide 5 that we posted, you could refer to that and you’ll see the declines in the various categories which would be somewhat indicative of where some of the write downs occurred.
Terry McEvoy - Oppenheimer & Co
Okay.
Dennis Hudson
As well as pay downs, right.
Terry McEvoy - Oppenheimer & Co
A large majority in the residential construction?
Dennis Hudson
No question about it.
Terry McEvoy - Oppenheimer & Co
Okay, I just wanted that confirmed. Thank you.
Dennis Hudson
Thank you.
Bill Hahl
Thank you.
Operator
Our next question comes from Mac Hodgson from Sun Trust Robinson, please go ahead.
Mac Hodgson - Sun Trust Robinson
Hi, Good Morning.
Dennis Hudson
Good morning.
Bill Hahl
Good morning.
Mac Hodgson - Sun Trust Robinson
Just quick followup on that - on Slide 5 of the land and lot balance to $95 million. How much is that is on as a non-accrual?
Dennis Hudson
Substantial portion of it. I don't think we've announced the number but it is something we might do as we roll forward.
Mac Hodgson - Sun Trust Robinson
And can you disclose the right downs that you took on the charge-offs for the quarter and what the lost rates were?
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