“I think you can certainly see a little bit more decline from here potentially. I think that's not an unreasonable expectation.”

In context

“and we spent -- as many do probably, we spend a lot of time on trying to understand the drivers of the risk of the balance sheet and do our best to have positioned ourselves for good outcomes. And so, we were pleased at where it came out. Scott Siefers: Okay. All right. Perfect. Thank you guys very much. I appreciate it. Operator: Thank you. The next question comes from John Pancari of Evercore ISI. Your line is open. John Pancari: Good morning. Charlie Scharf: Hey, John. Good morning. John Pancari: Just on the deposit front, just to go back to that. Just want to confirm. So from here your best estimate now is to overall deposit balances are relatively stable in the back half of the year. Or do you think you could see some incremental declines, just as betas are rising? Mike Santomassimo: I think you can certainly see a little bit more decline from here potentially. I think that’s not an unreasonable expectation. Exactly timing and how that’s going to progress, I think, is hard to predict with any real degree of accuracy, just given the environment we’re in right now. But I think it’s possible, they can be out a little bit more from here. John Pancari: Okay. All right. Thanks, Mike. And then on the credit front, I wanted to get your thoughts on the likelihood of reserve build. I know you added to the reserve for loan growth this quarter, but -- in terms of an overall build of the reserve as you -- from a CECL perspective, as you look at your economic scenarios, where do you see this quarter with your CECL scenarios that didn't warrant a sizable build? And I guess, longer term, as this plays out and we see the Fed continue with the tightening, what do you view as a potential level that you may have”