Central Bancompany, Inc.

and thank you for standing by. Welcome to the Central Band Company first quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you'll need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To answer your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to turn the conference over to your speaker for today, John Ross, President and CEO. Please go ahead.

Thank you, Operator. Good morning, and thank you for joining us for Central Bank Company's first quarter 2026 earnings call. With me in the room today are our Chief Financial Officer, Jim Cerulli, Chief Customer Officer, Dan Westhues, and Chief Credit Officer, Eric Holdren. As a reminder, I'd like to point out that the discussion today is subject to the same forward-looking considerations outlined on page three of our press release. Today, we plan to briefly discuss first quarter highlights before opening the line for questions. Before I turn to the numbers, please allow me to share some non-financial highlights. In the first quarter, we were humbled to again be named one of America's best banks by Forbes, as well as the best performing U.S. public bank with more than $10 billion in assets by S&P Global Market Intelligence. Recognition from such organizations is a testament to the efforts of our nearly 3,000 full-time employees, who I'd like to thank for their continued legendary service. With that, let's cover the financial results. For the quarter, Central Bank posted net income of $111.1 million, or 46 cents per fully diluted share. Return on average assets of 2.2%, NIM on an FTE basis of 4.36%, and an efficiency ratio on an FTE basis of 45.7%. Relative to the first quarter of 2025, net income increased $16.3 million, or 17%. Our asset quality remained consistent with 10 basis points of net charge-offs again this quarter, and allowance covered 130 basis points of total loans. We remain encouraged by the continued resumption of growth in our balance sheet with ending loans excluding other consumer of nearly 6% annualized quarter-over-quarter and average deposits of 5% year-over-year. Lastly, capital levels at the holding company remain well above target with approximately $1.9 billion of excess or $7.80 per share. We leaned into capital deployment this quarter by announcing a meaningful increase to our quarterly dividend and repurchasing $32 million worth of our shares, taking advantage of attractive prices and expanded liquidity. We are pleased with these results and appreciate those on the line for joining us for this call.

With that, I'd like to open the line for questions. Operator?