Erika Najarian — Bank of America — Analyst
Your next real question is from Saul Martinez of UBS.
John M. Turner — President and Ceo
Good early early early morning, Saul.
Saul Martinez — UBS — Analyst
Hey, good morning. I recently have actually a rather particular concern on Ascentium. Which means you’re taking your CECL true up on that loan — i am sorry, from the loan guide, that which was the credit mark on that and by expansion, just how much of an incremental purchase accounting accretion advantage will you log on to that?
David J. Turner — Senior Executive Vice President, Chief Financial Officer
Yes. The like one, we are still working through that day. We have provided you a variety of this modification into the $100 million to $120 million range which is used or create as to be amortized to margin throughout the lifetime of the mortgage. And we also’ll — that is our most useful estimate for the modification at the moment. And simply type of framework it up as to where that quantity arises from, so losses in that portfolio have now been about 2.5% and also the extent of the guide is under 36 months, phone it 2.5 years. And thus we are going to have one thing in two times that — to 2.5 times that quantity, which will be recorded within the allowance for the offset and then becoming an element of the purchase accounting accretion as time passes. Continue reading