MVB Financial Corp.

Greetings and welcome to the NVB Financial First Quarter 2026 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. It is now my pleasure to introduce your host, Amy Baker. Thank you. You may begin.

Thank you, operator. Good afternoon, and thank you all for joining us today for MVB's first quarter 2026 earnings conference call, and our first ever earnings call as a public company. The company issued its earnings press release earlier this afternoon, and it is available on the company's website at ir.mvbbanking.com. In addition, the company has included a slide presentation that you can refer to during the call, which is also available on the website. Participating on this call today are MVB's President and CEO, Larry F. Mazza, and CFO, Mike Summs. Larry will provide high-level first quarter results, followed by a business overview, and Mike will discuss the quarter's financial results in more detail, after which we will open the call for your questions. Before we begin, I would like to remind you that this conference call contains forward-looking statements with respect to the future performance and financial condition of NVB Financial that involves risks and uncertainties. Various factors could cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. These factors are discussed in the company's SEC filings, which are available on the company's website. The company disclaims any obligation to update any forward-looking statements made during the call. Additionally, management may refer to non-GAAP measures, which are intended to supplement but not substitute for the most directly comparable gap measures. The press release available on the website contains the financial and other quantitative information to be discussed today, as well as the reconciliation of gap to non-gap measures. With that, I'd like to turn the call over to NVB's President and CEO, Larry F. Mazza.

Thank you, Amy. And good afternoon, everyone. We appreciate you joining us today for our first ever earnings call. As Amy mentioned, we've included a slide presentation to support today's call, which provides additional details to our business and the quarter. And I'll reference a few of those slides as we go. We're pleased to kick off the year with strong first quarter results with net income up 45% year over year. demonstrating a meaningful progress in our core earnings power. We successfully executed across with our core banking activities and FinTech platform, achieving solid performance on our key metrics, including growth in loans, deposits, non-interest income, while also reducing expenses. As this is our first-ever earnings call, I'll provide a brief overview of our business model and our value proposition. As you can see on slide three, MVB is a FinTech-enabled bank combining traditional banking foundation with scaled FinTech capabilities in payments, banking as a service, and digital gaming. Today, we operate with approximately $3.3 billion in assets, $2.9 billion in deposits, and payment platform processing approximately $48 billion annually. Our dual-engine business model produces diversified revenue streams, including net interest income and growing base of fee-driven revenue. Our differentiation lies in the complementary nature of our business segments. We generate deposits on a national basis through our fintech-related activities while maintaining a strong core regional banking franchise. This combination allows us to support both traditional lending activities as well as fintech sponsorship lending and a growing set of payments and fintech-driven revenue streams within a single platform. Our business operates across four complementary lanes as outlined on slide five of the presentation. First, in our core banking platform, which is our legacy bank that operates branch-like, and is increasingly technology-enabled, supporting lending and deposit activities across our regional markets, primarily in commercial real estate, C&I, and specialty lending. This is also the backbone of our FinTech platform that provides risk and compliance capabilities and capital to fuel growth. Second, we serve as a banking partner to FinTech companies across payments, banking as a service, and gaming, serving over 40 gaming clients. We work with Fortune 100 and 500 companies in the space, including Fiserv, WorldPay, Intuit Credit Karma, Global Payments, Bandle, DraftKings, and BetMGM, to mention a few. Third, we are builders of FinTech solutions. where we developed technology capabilities internally as demonstrated with Victor Technology, a payments platform which we incubated and successfully sold last year for a gain of $34 million. And fourth, we invest in FinTech businesses that align with our vision, similar to the investment gains we recorded subsequent to quarter end that I will touch on in a minute. Turning to the quarter's performance by segment, Our core banking business continued its growth trajectory with loans up 2.6% or 10% on an annualized basis from the prior quarter, marking the fourth consecutive quarter of expansion. The growth reflects increased demand as well as improving market conditions. Our deposit base remains a key strength. Non-interest-bearing deposits represented 35% of total deposits at quarter end, supporting our low- 2.17 percent cost of funds and strong 3.71 percent net interest margin in our fintech platform we continue to see solid progress across several fronts payment card and service charge income increased 13.5 percent sequentially benefiting from seasonal factors and partner activity as outlined in slide 10 we launched two new FinTech partners during the first quarter, and we continue to see a strong pipeline of FinTech partnership opportunities across multiple stages. Another highlight of the quarter was our enhanced operational efficiency. Non-interest expense was down 2% year over year, while revenues were up 8.8%, delivering positive operating leverage. This positive operating leverage is the result of our ongoing efforts to streamline operations through strategic investments. A key component of that effort has been our investment in automation, data infrastructure, and artificial intelligence capabilities. As outlined in slide 11, we've built a data and AI infrastructure that supports automation across risk, compliance, and operational workflows. As shown on slide 12, we're beginning to see the benefit of those investments in our financial results. Over the past several quarters, we've reduced the number of personnel supporting risk and compliance functions from approximately 160 at the peak in the second quarter of 2024 to 111 during the fourth quarter of 2025, with further reductions underway. Importantly, those changes reflect increased efficiency through automation and process improvement while maintaining the strength of our risk and compliance framework. At the same time, we are continuing to invest in our business to support long-term growth, particularly through our technology and FinTech-related initiatives. During the quarter, we aligned our technology and operations functions under unified leadership, with Michael Giorgio now serving as both Chief Information Officer and Chief Operating Officer. This reflects how closely integrated these areas have become within the organization. In addition, we strengthened our board with the addition of Adam Famulara, whose deep experience in FinTech and artificial intelligence align well with the capabilities we are continuing to build. Finally, subsequent to quarter end, we recognized a pre-tax gain of approximately 10 million related to an existing FinTech investment that will be reported in the second quarter, validating our history of both building and investing in FinTech businesses, including the monetization of our Victor investment last year. Over the past several years, MVB has evolved from a small community bank to its leading national FinTech banking platform with a diversified business model. Our balance sheet has grown at a compounded annual growth rate of 10% over the past nine years from 1.5 billion to 3.3 billion in assets. We also successfully overcame a challenging regulatory environment and built a resilient and dynamic business that is well positioned to outperform through the cycle. Looking forward, we are excited about the growth opportunities ahead of us and we're well positioned for continued profitable growth. Our first quarter results demonstrated strong execution across our platforms with 45% earnings growth year over year, continued loan growth, margin expansion, and improved efficiency. Our FinTech platform is gaining traction with our new partner launches and a robust pipeline. Combined with operational efficiency gains, expanding FinTech partnerships, and loan growth, we expect continued momentum and profitability in shareholder value creation. With that, I'll turn the call over to Michael Sums to walk through the financial results for the quarter in more detail.