Robert Michael Gorman — Executive Vice President and Chief Financial Officer

Whenever you state GAAP?

Brody PrestonStephens Inc — Analyst

Yes, after all you provide — yes you provide an FTE and a GAAP margin in your pr release. And thus imagine down that the core margin on a GAAP as well as an FTE foundation simply.

Robert Michael GormanExecutive Vice President and Chief Financial Officer

Yes, that is FTE foundation that people’re dealing with here.

Brody PrestonStephens Inc — Analyst

24/7 advanced financial

Okay. Therefore it appears like perhaps just just a little little more compression in the 1st quarter then type of stable to up after that?

Robert Michael GormanExecutive Vice President and Chief Financial Officer

Yes. Which is perfect.

Brody PrestonStephens Inc — Analyst

Okay. Fine. I recently desired to touch about what % of loans, the mortgage profile is linked with LIBOR and just how most of this is certainly one thirty days LIBOR?

Robert Michael GormanExecutive Vice President and Chief Financial Officer

Yes the book that is total 24% is associated with a month LIBOR. Therefore it is pretty responsive to that LIBOR price. And everbody knows, it declined a great deal within the 4th quarter, about 30 basis points. I believe to make certain that had been a driver that is big of loan yield compression you saw — we saw.

Brody PrestonStephens Inc — Analyst

Ok and exactly just exactly what per cent associated with profile is linked with prime?

Robert Michael GormanExecutive Vice President and Chief Financial Officer

Brody PrestonStephens Inc — Analyst

Okay. And I also’m presuming these loans type of reprice through the entire quarter for a month-to-month foundation?

Robert Michael GormanExecutive Vice President and Chief Financial Officer

Yes, you got that right.

Brody PrestonStephens Inc — Analyst

Robert Michael GormanExecutive Vice President and Chief Financial Officer

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