First Hawaiian, Inc.

one on your telephone. If you require any further assistance, please press star zero. I would now like to hand the conference over to Kevin Haseyama, Investor Relations Manager. Please go ahead.

Thank you, Ashley, and thank you everyone for joining us as we review our financial results for the third quarter of 2021. With me today are Bob Harrison, Chairman, President, and CEO, Ravi Malela, CFO, and and Ralph Misik, Chief Risk Officer. We have prepared a slide presentation that we will refer to in our remarks today. The presentation is available for downloading and viewing on our website at fhb.com in the investor relations section. During today's call, we'll be making forward-looking statements, so please refer to slide one for our safe harbor statement. We may also discuss certain non-GAAP financial measures. The appendix to this presentation contains reconciliations of these non-GAAP financial measurements to the most directly comparable gap measurements. And now I'll turn the call over to Bob.

Thank you, Kevin. Good morning, everybody. Thank you for joining us today. I'd like to start with an update on the COVID situation here in Hawaii if you turn to slide two. Like many places, the health of our economy is directly related to our ability to control the virus, and we've done quite a good job on that. With over 70% of the population fully vaccinated, And an impressive 92% of the population over age 12 has had at least one shot. We did have a surge in late August and early September related to the Delta variant, as you can see in the lower left there. That has, for the most part, come down, and our new case counts are dramatically lower, a lot of capacity in the hospitals, so not a concern about that. And the governor has announced that we're going to be fully welcoming back visitors starting on November 1st. And really in talking to all the mayors, both here on Oahu and the neighbor islands, all of our elected officials are very focused on keeping Hawaii open for tourism. And we expect to see the numbers starting to increase. And we've actually started to see a bit of an increase in daily arrivals starting this month. So as the restrictions start to come off and tourists start to return, we expect more of a normalized economy as we come into the holiday season. Turning to slide three, Total loans grew net of PPP paydowns, and our results were solid in the quarter despite all the noise of the Delta variant. Deposits continued to grow in all segments, while non-interest income and expenses were stable. Credit quality remained excellent, and the diluted earnings per share was $0.50, and the Board maintained the dividend at $0.26 per share. During the quarter, we also repurchased $21.6 million of common stock under our current repurchase program. And with that, I'll turn it over to Ravi to go over the financials.