CEO Jack Taylor says the new quarterly dividend was set considering factors like nonaccrual loans' impact on near-to-medium-term profitability, low leverage, commercial real estate market trends, and future interest rate cut expectations. He believes resolving nonaccrual loans will boost the company's run-rate earnings over time.

CEO Jack Taylor sees potential in converting nonaccrual loans into assets, enhancing profitability. He perceives share repurchase as a promising investment opportunity and trusts their strategy for long-term success and shareholder value growth.