Smith said NIM improved 23 basis points quarter-over-quarter to 2.14% when including a $20 million gain related to “tearing up” hedges tied to long-term Federal Home Loan Bank (FHLB) advances that were restructured at quarter-end. Excluding that one-time benefit, NIM was 2.05%, still up 14 basis points from the third quarter.CFO Lee Smith said reported net income attributable to common stockholders was $0.05 per diluted share, with notable quarter items including a $9 million upward revaluation of the bank’ ...