Eagle Bancorp, Inc.

Good day and thank you for standing by. Welcome to the Eagle and Corp Inc. Fourth Quarter and Year End 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Eric Newell, Chief Financial Officer of Eagle Bancorp, Inc. Please go ahead.

Good morning. This is Eric Newell, Chief Financial Officer of Eagle Bancorp. Before we begin the presentation, I would like to remind everyone that some of the comments made during this call are forward-looking statements. We cannot make any promises about future performance, and we caution you not to place undue reliance on these forward-looking statements. Our Form 10-K for the fiscal year 2024, Form 10-Qs and current reports on Form 8-K, including the earnings presentation slides, identify important factors that could cause the company's actual results to differ materially from any forward-looking statements made this morning, which speak only as of today. Eagle Bancorp does not undertake to update any forward-looking statements as a result of new information, future events, or developments unless required by law. This morning's commentary will include non-GAAP financial information. The earnings release, which is posted in the investor relations section of our website and files with the FCC, contains reconciliations of this information to the most directly comparable GAAP information. Our periodic reports are available from the company online at our website, or on the SEC's website. With me today is our President and CEO, Susan Reel, and our Chief Lending Officer for Commercial Real Estate, Tyne Reel. I'll now turn it over to Susan.

Thank you, Eric. Good morning, and thank you for joining us. The fourth quarter marked an important inflection point for Eagle Bank. Over the course of the year, we took actions to diversify our balance sheet, reduce risk, and strengthen the overall quality of the franchise. These efforts became clearly visible in the fourth quarter as asset quality metrics improved meaningfully and our balance sheet mix moved closer to the profile we believe is necessary to sustainably support durable earnings. Importantly, these improvements were the result of intentional decisions, disciplined balance sheet management, and a continued focus on reducing concentration risk. While these steps created near-term expense pressure, they significantly improved the underlying risk profile of the company and enhanced our flexibility going forward. As we enter the new year, our focus shifts from remediation to execution. We are operating with a stronger foundation, improved asset quality, and a more disciplined funding approach. This will position us to drive more consistent earnings, and improve returns. I'll now turn the call over to Eric to walk through the quarter's results in more detail.