Question-and-Answer Session
Operator
(Operator Instructions) Our first question comes from Jeffery Rulis – D.A. Davidson & Co.
Jeffery Rulis – D.A. Davidson & Co.
Dan, based on the comments you just gave kind of guidance, have you sort of moved past the previous guidance on the loan loss provision in the $100 million to $125 million range?
Daniel G. Byrne
Yes, I think we’re going to be a little bit higher in the fourth quarter and probably more comparable to what we saw in the third quarter.
Jeffery Rulis – D.A. Davidson & Co.
Then the large relationship in Portland is that related to the Renaissance Homes bankruptcy?
Daniel G. Byrne
Yes it is.
Jeffery Rulis – D.A. Davidson & Co.
Then just lastly, of the construction loans percent residential versus commercial?
Daniel G. Byrne
Just on a total portfolio basis?
Jeffery Rulis – D.A. Davidson & Co.
In the construction segment.
Daniel G. Byrne
But just on total or are you looking for –
Jeffery Rulis – D.A. Davidson & Co.
In total, right.
Daniel G. Byrne
Total remains about two thirds in the residential construction and one third in the commercial.
Jeffery Rulis – D.A. Davidson & Co.
Then lastly you expressed your intention to sort of shrink the construction portfolio but the corporate and business banking was down, is that one-time in nature or do you expect that to continue to decline there?
Daniel G. Byrne
We’re actually emphasizing to try to grow those areas but I think there’s been some – people have been impacted a little bit by what’s happening in the market place generally but we would like to see those categories grow.
Jeffery Rulis – D.A. Davidson & Co.
So maybe the business banking a little one-time in Q3?
Daniel G. Byrne
Again, we’d like to grow those areas.
Operator
Our next question comes from Matthew Clark – Keefe, Bruyette & Woods.
Matthew Clark – Keefe, Bruyette & Woods
As it relates to that non-resi construction NPA category, call it the [inaudible] resi consumer category, just that big other bucket, that was up I guess $57 million second to third, it sounds like you’re relating it to businesses that relate to the housing industry. Have you guys attempted to try to size up what your exposure might be to relationships that touch the home builders sector whether it be subcontractors, other brokers and so forth? And if so, just curious what that might be?
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