MVB Financial Corp.

Greetings. Welcome to MBB Financial Corp. Second 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 during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to Amy Baker, Vice President, Corporate Communications and Marketing. Thank you. You may begin.

Thank you, operator. Good afternoon, and thank you all for joining us today for MVB's second quarter 2026 earnings conference call. 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 Sums. Larry will provide high-level second quarter results and commentary, 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 MVB 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 GAAP 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 MEB's President and CEO, Larry F. Mazza.

Good afternoon, everyone, and thank you for joining us. We delivered strong second quarter results with net income of $12.3 million, or $0.93 per diluted share, up significantly from both the first quarter of 2026 and the second quarter of last year. The broad-based outperformance was driven by continued expansion of our net interest margin, disciplined loan and deposit growth, cost management, and momentum across our payment platform and fintech business. These results demonstrate the progress we're making in building a stronger, more diversified company with increasing earnings power. Before I discuss the quarter, I'd like to briefly welcome those who may be joining one of our earnings calls for the first time. NVB is a FinTech-enabled bank that combines a core banking franchise with scaled FinTech capabilities across payments, banking as a service, and gaming. This business model provides diversified sources of revenue and deposits while creating opportunities for growth, innovation, and improved operating efficiency. Turning to the quarter. We delivered another quarter of strong loan growth, up 12% quarter over quarter on an annualized basis, representing the fifth consecutive quarter of net loan growth driven by continued momentum across several of our specialty lending businesses. That growth, combined with disciplined balance sheet management, contributed to another quarter of meaningful net interest margin expansion of 43 basis points sequentially and continued Growth and Net Interest Income. We're also encouraged by the improving trends in our underlying earnings trajectory. While reported earnings benefited from the gain recognized during the quarter, we continue to see increasing earnings power across our core businesses as margins expand, loan growth accelerates, and our diversified sources of revenue continue to grow. Credit quality remained another area of strength. As Mike will discuss in more detail, the overall loan book continues to perform well and in line with our expectations. The higher provision this quarter was not driven by deterioration in our broad asset quality, but by a couple of isolated and limited loan portfolios that we're diligently working to resolve. Our successful resolution of the largest non-performing loan during the quarter through full repayment and no loss gives us confidence in our ability to detect potential problem loans early and resolve timely on a favorable term. Within our FinTech business, we continue to see encouraging momentum. During the second quarter, we successfully launched three new FinTech partners and products across issuing and money movement. Year to date, we have launched five FinTech partners compared to five new partnerships that closed all of last year. Those launches will contribute to the long-term strong growth in payments-related deposits and fee income and demonstrates our ability to continue executing against what we believe is one of the industry's strongest FinTech pipelines. It is also worth noting that that the second quarter has historically been a seasonally softer period for deposit growth within other areas of our fintech business, making this quarter's performance particularly encouraging. Just as importantly, we continue to maintain a robust pipeline of opportunities, providing confidence in our ability to sustain that momentum going forward. In addition to the strong growth within the FinTech banking platform, we see encouraging long-term growth opportunities within our specialty lending business, including the recent addition to John Medea as head of specialty lending. We're excited about the growth trajectory of this business over the next several quarters. Alongside the strong earnings growth, we're also continuing to invest in the next phase of the business. That includes expanding our payment capabilities, advancing our AI and automation initiatives, and continuing to build the infrastructure and talent needed to support our sponsorship banking strategy and overall business. These investments are intended to improve how we operate, enhance the solutions we provide to clients, further strengthen our long-term competitive position, and strengthen our operational efficiencies. At the same time, we're seeing the benefit of investments we've made over the past several years in our people, technology, risk management, and operating infrastructure. Those investments created the foundation that support our business today. And we believe they're increasingly being reflected in our financial performance through stronger operating leverage and increasing earnings power. As an example, our risk management Staffing declined sequentially from 123 to 116 during the quarter, and we see further opportunity to streamline the operations. Finally, I'd like to briefly touch on another aspect of our FinTech strategy. As previously disclosed, we recognized the gain during the quarter related to our existing FinTech investment. Together with the successful monetization and of our internally incubated Victor Technologies platform last year, these transactions demonstrate our ability to both incubate and invest in innovative fintech businesses. Beyond the financial impact, they also reflect another way they're creating shareholder value while generating capital that can be reinvested to support the continued growth across the company. To summarize, there are four things We'd want you to take away from this quarter. First, our core earnings power continues to build with net income and returns improving meaningfully, both sequentially and year over year. Second, our two engine model is working as designed. Core banking is growing loans and deposits at a healthy pace while continuing to lower our cost of funds. And our FinTech banking platform is scaling fee income and adding new partners. Third, our credit profile improved this quarter with the resolution of our largest non-performing loan, even as we took a prudent, forward-looking approach to provisioning. And fourth, we continue to invest in specialty lending, fintech sponsorship, technology, and in the regulatory infrastructure that lets us scale safely, all while returning capital to shareholders through our buyback program. Overall, we're very pleased with our performance during the quarter and the momentum in the business. And worth noting, our team is very hungry for continued improvements throughout the year and beyond. We're excited and confident in the long-term opportunities ahead, and the business is well-positioned to drive sustained shareholder value. I believe the best is still in front of us. With that, I'll turn the call over to Mike Summs to discuss our financial results and more details.