Despite the higher originations, loans held for investment decreased by about 4.1millionduringtheDecember2025quarter,withdeclinesinmultifamily,commercialbusiness,andcommercialrealestateloanspartlyoffsetbyincreasesinsingle−familyandconstructionloans.Managementsaidloanpipelineswere“moderatelyhigher”thanlastquarterandsuggestedtheMarch2026quarter’soriginationvolumewouldlikelyfallwithintherecentquarterlyrangeof28 million to $42 million.Ternes attributed the ...