We agree with the consensus out there about the interest rate environment, and we are taking steps to react to that by working harder on the deposit side,

Strong lending results, respectable deposit growth, well-behaved credit trends and excellent results from some of our fee businesses have not been enough to overcome the performance in spread-based revenues.

Deposit growth year to date has not been sufficient to fund loan growth or to prevent further contraction in the net interest margin,

Revenue and net income trends remain below our expectations.

We continue to view ourselves as a growth company and continue to work hard at improving the numbers,