“The pace of growth from 8.4% to a little above 9% by the end of 2023, it's fairly ratable across the four quarters.”

In context

“if the macro is worse than expected and you have to build reserves more, I realize that doesn't move the capital that much. But obviously, everyone else is starting at a higher point of capital, and there is focus on how quickly you can get to that 9% or even higher. So, I guess the question is like what levers can you pull to kind of aren't that painful if you need a little bit more, such as issuing preferreds or some other assets that you could kind of exit without hitting earnings that much? Thank you. Terry Dolan: Yes, I mean, obviously, Matt, from a balance sheet optimization perspective, we're going to be very focused on profitability, returns. And capital is precious. So, we want to make sure that we are dedicating our resources from an asset growth perspective in the right spots. The pace of growth from 8.4% to a little above 9% by the end of 2023, it's fairly ratable across the four quarters. Obviously, first quarter is going to be a little bit lower simply because we will not have seen the cost synergies, and we will be going through and incurring more merger-related costs probably in the earlier part of the year simply because of the timing of the system conversion. So, the pace is probably a little bit more weighted towards the back end. But that hopefully, Matt, kind of gives you some perspective. Again, I'd kind of come back from a reserve point of view, we feel like we look at a lot of different scenarios. We look at the five different approaches, one of which is a severe recession. We take that into consideration. We could see unemployment move up to around 6%, 6.5%, and we still feel like we would be in a pretty good spot from a reserving point of view. So, if it ends”