Bank7 Corp.

Welcome to Bank 7 Corp's fourth quarter and full year earnings call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. Please note this event is being recorded. Before we get started, I'd like to highlight the legal information and disclaimer on page 23 of the investor presentation. For those who do not have access to the presentation, Management is going to discuss certain topics that contain forward-looking information which is based on management's beliefs as well as assumptions made by any information currently available to management. Although management believes that the expectations reflected in such forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct. Such statements are subject to certain risks, uncertainties, and assumptions including, among other things, the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. Should one or more of these risks materialize or should underlying assumptions prove incorrect, actual results may vary materially from those expected. Also, please note that this conference call contains references to non-GAAP financial measures. You can find reconciliations of these non-GAAP financial measures to GAAP financial measures in an 8-K that was filed this morning by the company. Representing the company on today's call, we have Brad Haynes, Chairman, Tom Travis, President and CEO, J.T. Phillips, Chief Operating Officer, Jason Estes, Chief Credit Officer, Kelly Harris, Chief Financial Officer. And with that, I'll turn the call over to Tom Travis. Please go ahead.

Good morning, everyone. Thank you for joining us. Our group feels that we're glad 2020 is in the rearview mirror. Looking forward to 2021. I'm sure everyone on the call feels the same way. Rather than get into a lengthy opening statement, the real theme for our company in 2020 was our exceptionally strong PPE and the growth in that PPE. And all of us, many of you are on the phone have been with us for a long time. And we've constantly reinforced the great strength of the company, which is that really large margin and profitability, which gives us maximum optionality. And so when you look at 2020, you look at the large increase in PPE, And look what it enabled us to do. We grew our balance sheet. We added a tremendous amount to the loan loss reserve because of the unknowns with the pandemic. Repurchased a significant amount of shares at a deep discount. And yet we maintained excellent 19% return on equity. And our capital almost was neutral versus where it started to being in the year. And so that's the story of Bank 7. We've talked about it repeatedly and the 2020 results illustrate what we've constantly talked about and feel so good about with our company. So that's our story for 2020. And of course, the other components did not slip. We feel really good about where we are. We're definitely excited to have 2020 behind us and looking forward to 2021. So, with that being said, we'll just open it up for questions.

We will now begin the question and answer session. To ask a question, you may press star then 1 on your telephone keypad. If you are using a speakerphone, please pick up your handset before pressing the keys. To withdraw your question, please press star then 2. At this time, we will pause momentarily to assemble our roster. And our first question comes from Brady Gailey of KBW. Please go ahead.