Horizon Bancorp, Inc.

Good morning, everyone, and welcome to the Horizon Bancorp conference call to discuss the final financial results for the first quarter of 2026. All participants will be in a listen-only mode. Should you need assistance, please signal conference specialists by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touchtone phone. And to withdraw your question, please press star then two. Now I will turn the call over to Mr. Todd Edsler, Executive Vice President, Corporate Secretary, and General Counsel for the opening introduction. Please go ahead.

Good morning and welcome to our conference call to review Horizon's first quarter results. Please remember that today's call may contain statements that are forward-looking in nature. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those discussed, including those factors noted in the slide presentation. Additional information about factors that could cause actual results to differ materially is contained in Horizon's most recent Form 10-K and its later filings with the Securities and Exchange Commission. In addition, management may refer to certain non-GAAP financial measures that are intended to help investors understand Horizon's business. Reconciliations for these measures are contained in the presentation. The company assumes no obligation to update any forward-looking statements made during the call. For anyone who does not already have a copy of the press release and supplemental presentation issued by Horizon yesterday, They may be accessed at the company's website, horizonbank.com. Representing Horizon today are Executive Vice President and Senior Operations Officer Kathy DeRuiter, Executive Vice President and Chief Commercial Banking Officer Lynn Kerber, Executive Vice President and Chief Legal and Risk Officer Todd Etzler, Executive Vice President and Chief Financial Officer John Stewart, and Chief Executive Officer and President Thomas Graham. At this time, I will turn the call over to Thomas Graham. Thomas.

Thank you, Todd. Good morning, and we appreciate you joining us. Verizon's first quarter results demonstrate the core strength of our community banking model and our commitment to shareholders to deliver a top-performing organization through durable, peer-leading performance metrics and top-quartile shareholder returns. We are very pleased with the quarter's results displaying an annualized return on average assets above 1.60%, return on average tangible common equity above 19%, and continued durability in our net interest margin at 4.29%. These results drove a meaningful increase in our CET1 by 40 basis points to 10.82% and improved total risk-based capital to 14.77% in the quarter. Specific highlights within the quarter were led by the team's excellent deposit gathering efforts with over 147 million in growth or 11% annualized. These results were further enhanced by approximately 61 million of growth within the nine interest-bearing segments of the consumer and commercial portfolios. Our commercial lending team had a solid performance with 34 million in growth within the quarter with elevated pipelines that we believe will continue to fuel solid balance sheet growth throughout 2026. The positive momentum in the commercial was counterbalanced by episodic mortgage refinance activity in early Q1, where management elected not to chase lower-yielding mortgages under the balance sheet or remain steadfast on its disciplined pricing. We feel confident in this decision. We have seen loan balances quickly align with full-year growth estimates in early Q2. This momentum, combined with our strong deposit balances, positions the organization well for solid organic growth on both sides of the balance sheet in 2026. Additionally, our fee income efforts continue to make solid progress with year-over-year growth and record relationship banking segments of service charges, interchange fees, and fiduciary services. Complementing these efforts, we continue to display excellent credit metrics with low charge-offs and non-performing loans below historical norms. As I mentioned at the beginning of my comments, we're very pleased with the first quarter results for our shareholders. Additionally, we are confident in our full-year outlook heading into Q2 with strong lending pipelines, positive deposit trends, B-income verticals gaining stride, and expenses well managed. So it's a good start to the year on many fronts. Let me transition the presentation over to Horizon's Executive Vice President and Chief Commercial Banking Officer, Lynn Kerber, who will share our lending highlights for the quarter and our continued excellent credit performance. Lynn?