SB Financial Group, Inc.

Good morning and welcome to the SB Financial first quarter 2026 conference call and webcast. I would like to inform you that this conference call is being recorded and that all participants are in a listen-only mode. We will begin with remarks by management and then open the conference up to the investment community for questions and answers. I will now turn the conference over to Sara Mikas with SB Financial. Please go ahead, Sara.

Thank you and good morning, everybody. I'd like to remind you that this conference call is being broadcast live over the internet and will be archived and available on our website. Joining me today are Mark Klein, Chairman, President, and CEO, Tony Cosentino, Chief Financial Officer, and Steve Walls, Chief Lending Officer. Today's presentation may contain forward-looking information, cautionary statements about this information, as well as reconciliations of non-GAAP financial measures are included in today's earnings release materials as well as our SEC filings. These materials are available on our website and we encourage participants to refer to them for a complete discussion of risk factors and forward looking statements. These statements speak only as of April 24th, 2026, and SC Financials undertakes no obligations to update them. I will now turn the call over to Mr. Klein.

Thank you, Sarah, and good morning, everyone. Welcome to our first quarter 2026 conference call and webcast. First quarter represented a solid start to the year for SB Financial and really reinforces the consistency and resilience of our operating model. Our results reflected balance sheet performance across the franchise, supported by loan growth, stable net interest income, improved fee-based revenue, disciplined expense management, and sound credit quality. This quarter also marked the first full anniversary of the Marblehead acquisition, and we now view that transaction as a solid contributor to our funding base, expanded presence in northern Ohio, and overall franchise stability. While the operating environment remains competitive, we continue to feel good about our position. Balance sheet remains sound, our credit metrics continue to compare favorably, and our business line provides a healthy mix of margin and fee-based revenue. We believe that combination, along with our disciplined approach to growth and capital deployment, supports our ability to build long-term shareholder value. Briefly, some highlights for the quarter. Net income $4.3 million with diluted EPS $0.69 compared to gap diluted EPS of $0.33 for the first quarter of 2025. This now marks our 61st consecutive quarter of profitability. Tangible book value per share ended the quarter at $18.45 compared to 1579 for the first quarter of 2025 and $18 at year end. Adjusted tangible book value per share excluding AOCI now comes in at nearly $22. Our net income totaled 12.7 million compared to 11.3 million in the first quarter of 2025 and 12.7 million in the linked quarter. The year over year improvement was driven by higher interest income on loans and a stable funding profile while the linked quarter comparison remained relatively consistent. Loan balances increased by approximately $92 million from the prior year quarter and approximately 500,000 from the link quarter, reflecting continued production across franchise and extended our trend of sequential quarterly growth. Total deposits in the quarter, 1.37 billion compared to 1.27 billion for the first quarter of 2025 and 1.3 billion at year end. On a year over year basis, deposits increased Over $100 million, or nearly 8%, reflecting continued organic deposit growth and stable client relationships across the franchise. Non-interest income improved to $4.7 million from 4.1 first quarter of the year and 3.7 from the linked quarter. Our percentage of fee income to total revenue of 27% was slightly higher than the prior year and well ahead of the linked quarter. Non-interest expense totaled $11.9 million and improved from the prior year quarter, while increasing modestly from the linked quarter. Prior quarter included acquisition related expenses and incremental operating costs associated with Marblehead, which elevated the comparison period. Asset quality continues to remain a strength of SB Financial. Non-performing assets totaled 4.8 million or 0.3% of total assets compared to 6.1 million or 0.41 the first quarter. While non-performing assets increased modestly from year end, overall credit performance remained sound and reserve coverage remained strong. We're especially pleased with the efforts of not only our lenders, but more importantly, our collection team, which drove our total delinquency level down to just 28 basis points a quarter in. As we've revealed in prior quarters, we continue to key on our five key strategic initiatives, growing and diversifying revenue, more scale for efficiency, a greater share of the client's wallet for more scope, operational excellence, and of course, asset quality. Looking a little closer at revenue diversity, mortgage originations totaled approximately 66 million compared to approximately 40 million for the first quarter of 2025 and approximately 72 million in the linked quarter. Mortgage business remains an important part of our franchise, helping us expand household relationships while also contributing meaningful fee income across the company. While weaker volume than we anticipated in the quarter, the pipeline has stabilized at approximately $35 million and we anticipate approximately 25% increase in volume for the second quarter sequentially from the length quarter. Peak title continued to perform well during the quarter benefiting both internal referrals and continued traction of clients outside of the bank. This business remains a valuable part of our product set and an important contributor to fee income diversification. On the scale front, the Marblehead acquisition continues to support our funding profile and we remain pleased with the stability of those client relationships Just one year after closing, deposit growth continued to provide meaningful support to our balance sheet. We remain pleased with the stability of the Marblehead relationships, and more broadly, we continue to see opportunities to grow deposits organically through client calling efforts, treasury management activities, and the broader relationship model that has served us well across our markets, particularly with the current market disruption and consolidation. As we discussed previously, we committed to two nearby markets recently, Angola, Indiana, and Napoleon, Ohio, and these results have exceeded our admittedly aggressive goals. We have closed nearly now 19 million in loans and approximately 17 million in deposits in just five months of operation. These two markets have clearly been at the forefront of market disruption I just mentioned, and we certainly have seized on that opportunity. client relationships more scope. We remain focused on serving clients through our relationship-based model that emphasizes responsiveness, local market knowledge, and a full suite of products and services. We continue to believe that that approach, combined with our hybrid office model and expanding digital capabilities, positions us well to serve our clients across both legacy and newer urban expansion markets. Referral activity continues to be an important tool in strengthening household relationships across our business line, and we continue to view that cross-functional approach as an important part of deepening client relationships across the franchise and delivering more scope and a greater share of the client wallet. On operational excellence, we remain focused on matching growth with disciplined execution. The first quarter reflected that mindset with expense levels improving from the prior year period, and remaining controlled relative to revenue. Plus, we continue to evaluate staffing, technology, and physical presence across the franchise to ensure resources are always aligned with current client activity and long-term market opportunities. Capital levels remain strong with improvement in total capital and higher ratios for both TCE and CTE-1 regulatory capital. And finally, before I turn it over to our CFO, Tony Costantino, asset quality. Credit performance remained sound for the quarter, while non-performing assets increased modestly from year end. They remained well below the prior year quarter level, and reserve coverage exceeded 400% and continued to reflect our conservative approach to risk management. The allowance for credit losses at 1.39% remained strong relative to total loans with criticized and classified loans at just 4.6 million down 2.5 million, or 35%, from the prior year. We continue to emphasize discipline underwriting, proactive management of problem assets, and prudent growth across all markets. We believe that combination remains one of the key differentiators for S&P Financial and an important metric for long-term performance. Now I'd like to ask Tony to give us some more details on our quarterly performance. Tony?