Question-and-Answer Session
Operator
Thank you. (Operator Instruction). Our first question comes from Steve Moss from Janney Montgomery Scott. Please go ahead
Steve Moss
Good afternoon guys.
John Dolan
Hi Steve.
Steve Moss
What is still offer the loan growth, I am sorry, if I miss heard Mike, was it -- correct me that one-third of loan this quarter came from participations or within market?
Ed Lipkus
That’s year-to-date one-third came from participations.
Steve Moss
Okay.
Ed Lipkus
Those participations some end markets some or not?
Steve Moss
Okay. And what are your expectations here for loan growth going forward?
Ed Lipkus
The expectation for loan growth going forward, Mike you want to take it? Run at that?
Mike Price
You know, I would like to think we could sustain this, but I think that will be hard to do. I think we will continue to grow loans from both consumer and the commercial side at a pretty nice pace and probably out flank a lot of our great competitors.
Steve Moss
Okay. And sounds good. And with regard to the construction books growing pretty nicely here. What's the mix between residential versus commercial?
Mike Price
I think that its predominantly commercial, but let Ed address that.
Ed Lipkus
Steve, I would say out of the mix maybe 3 million is residential and the rest is commercial, I can give you kind of a flavor. Its across the board here we got about 32% office, 23% student housing, 20% major flagship hospitality, 10% retail, 10% healthcare and 5% other. And I sure hope that will adds up to 100%. But that kind of gives you across the boards spread on how we are diversifying our risk here within that portfolio.
Steve Moss
Okay, that's helpful. Thank you. And just the color on the trust was helpful was that the reason for the swing and other comprehensive incomes this quarter?
John Dolan
Yeah, I believe that’s the primary explanation but Ed do you want to address that.
Ed Lipkus
That is substantially all of the swing.
Steve Moss
Okay.
Ed Lipkus
And you are probably seeing that in the lot of other financial institutions or CI.
Steve Moss
Yes, and last but not least that I want to take up all the questions here but what is good tax rate going forward?
Ed Lipkus
I think annualizing - if I had if I used this in the model Steve I probably just take our six month run rate and annualized it. I don’t see any significant changes happening for the rest of the year.
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