Additional information on static pool losses and delinquencies is available on our Investor Relations website. Second quarter 2016 operating expense was $12.5 million as compared to $11.6 million a year ago. The increase in expense from last year was primarily due to an increase in average headcount of about 14 employees and the ramp up of our new product channels. Variable expense was also up from last year due to higher application levels and higher loan and lease originations. Despite marginally higher expenses, increased levels of earning assets from the growth in our equipment finance and Funding Stream portfolios more than offset higher year-over-year expenses. As a result, our efficiency ratio improved to 55.6% in the second quarter from 58.2% and 56.2% last quarter and a year-ago respectively. Our capital position remains strong with an equity to assets ratio of 18.49%, 54 basis points below last quarter and 458 basis points below last year. The large decrease from a year ago, reflects the impact of our $2 per share special dividend declared in September of 2015. I am pleased to report that our Board of Directors declared a regular quarterly dividend of $0.14 per share payable on August 18, 2016, to shareholders of record as of August 8, 2016.
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To evoke is to call forth. Everybody is called by God to know, love and serve him. company websiteIf God leaves a free choice to the person called, he leaves none to those whose duty it is to advise; those spiritual directors or confessors who treat lightly a matter of such importance, or do not answer according to the spirit of Christ and the Church, incur a grave responsibility. There are religious orders or communities of men and of women. A profession or a career always has a horizontal dimension. Gerald sitter, in his book The Will of God as a Way of Life, presents the image of life as a room in which we have several doors to choose from. We match communities with active, qualified vocation discerner. We feel a growing desire to love God and to love our neighbour. Finally, it is important not to compare the value of different vocations but to appreciate the value of each one and to discover which one is right for you.
Their.ery beings are transfigured so that they can represent Christ the Good Shepherd for God’s people and Christ as the Head of the Church. A priest is a man who has received the Sacrament of Holy Orders, which confers on him certain powers of Christ, principally the power to consecrate bread and wine into the Body and Blood of Christ, and the power to forgive sin in the Sacrament of Penance and Reconciliation. The word voice also has Mox as its root. Alphonsus : that God determines for every man his state of life On the choice of a state of life. on-line Etymology Dictionary, © 2010 Douglas Harper 1 a : a summons or strong inclination to a particular state or course of action; especially : a divine call to the religious life b : an entry into the priesthood or a religious order 2 a : the work in which a person is employed : occupation b : the persons engaged in a particular occupation 3 : the special function of an individual or group See vocation defined for English-language learners Examples of vocation in a sentence This isn’t just a job for me; it’s a vocation. people who follow a religious vocation He never felt a real sense of vocation. In the general law of doing good, and in the facilities given us to do it, we read a general, or it may be even a special, invitation of God to do it, an invitation which is pressing in proportion to the excellence of the good, but which nevertheless we are not bound to accept unless we discover some duty of justice or charity. What is required are opportunities to learn about God and about the practices that draw us closer to God. To provoke is to call forth another’s anger. Gregory Nazianzen, “Against Julian”, 1st discourse, n. 99; disc. 37, alias 31 on St. See RELIGIOUS LIFE ; VOWS .