Eagle Financial Services Inc

Thank you for standing by. My name is Jordan and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Eagle Financial Services Inc U4 earnings call. All lines have been placed on mute to prevent any background noise. I'd now like to turn the call over to Nick Smith to begin the meeting. Please go ahead.

Good morning and thank you for joining us for our fourth quarter earnings conference call. Before we begin, Please note that the information provided during this call contains forward-looking statements. Actual results may differ materially from those statements. Please refer to our most recent Form 10-K, our Q4 earnings release, and other filings with the SEC for a detailed discussion of risk factors. We do not assume any obligation to update any forward-looking statements as a result of new information except as required by law. Also during the call, we will discuss certain non-GAAP financial measures in reference to the company's performance. You can see our reconciliation of these measures and GAAP financial measures in the appendix to our presentation, which can be found on our investor relations website. With us today are our CEO, Brandon Maury, our CFO, Kate Chappell, and our Chief Banking Officer, Joe Zantrovich. I will now turn the call over to Brandon.

Thank you, Nick, and thank you all for joining us today. Our fourth quarter results reflect both the progress we've made throughout 2025 and the intentional way we executed our strategy. For the quarter, we reported net income of $4.3 million compared to $5.6 million in the third quarter. The length quarter change was driven primarily by lower net interest income and higher salaries and benefits, which we anticipated as part of our continued investment in our people. Kate will walk through our income statement in greater detail later in the call. Credit quality remains stable. Non-performing assets ended the year at 14.6 million or 0.77% of total assets, which compares to 14.3 million or 0.74% last quarter. While NPAs are higher than the prior year due to several large relationships moving to non-accrual that we have discussed in prior quarters, we remain confident in our collateral position and outlook. At the beginning of the year, following our successful capital raise, we set some ambitious goals. We wanted to build a more granular and relationship-driven loan portfolio, grow core deposits and fee income by showing up for our customers with our full suite of products, and expanded markets where we knew we could make a meaningful difference. We accomplished these goals and we did it together. I'm especially proud of how we achieved this. Despite expected headwinds from marine runoff, our commercial teams continued to deliver strong organic loan growth. Our third quarter momentum continued in the fourth quarter with an additional $13.1 million in net loan growth driven by commercial real estate and C&I lending. This is clear evidence that our commercial engine is both resilient and scalable. As we wrap up 2025, I am genuinely proud of what our team accomplished this year. Our fourth quarter results put a fitting close on a year defined by focus and follow through. We strengthened our balance sheet, kept asset quality on solid footing, and continued to perform at a level that compares favorably to many of our peers. Now, I'll let Kate talk you through more of our fourth quarter results. Kate?