Simmons First National Corporation

Good day and welcome to the Simmons First National Corporation Fourth Quarter Earnings Conference Call and Webcast. All participants will be in listen-only mode. If you need assistance, please signal a conference specialist 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 telephone keypad, and to withdraw your question, please press star then two. Please note today's event is being recorded. I would now like to turn the conference over to Ed Billick, Director of Investor Relations. Please go ahead.

Good morning and welcome to Simmons First National Corporation's fourth quarter 2025 earnings call. Joining me today are several members of our executive management team, including President and CEO Jay Brogdon, CFO Daniel Hobbs, and Chief Operating Officer Chris Van Steenburg. Today's call will be in a Q&A format. Before we begin, I would like to remind you that our fourth quarter earnings materials including the earnings release and presentation deck, are available on our website at SimmonsBank.com under the investor relations tab. During today's call, we will make forward-looking statements about our future plans, goals, expectations, estimates, projections, and outlook, including, among others, our outlook regarding future economic conditions, interest rates, lending and deposit activity, credit quality, liquidity, and net interest margins. These statements involve risk and uncertainties, and you should therefore not place undue reliance on any forward-looking statement, as actual results could differ materially from those expressed in or implied by the forward-looking statements due to a variety of factors. Additional information concerning some of these factors is contained in our earnings release and investor presentation furnished with our Form 8K yesterday, as well as our Form 10K for the year ended December 31, 2024, and Form 10-Q for the quarter ended September 30, 2025, including the risk factors contained in those filings. These forward-looking statements speak only as of the date they are made, and Simmons assumes no obligation to update or revise any forward-looking statements or other information. Finally, in this presentation, we will discuss certain non-GAAP financial metrics we believe provide useful information to investors, additional disclosures regarding non-GAAP metrics, including the reconciliation of those non-GAAP metrics to GAAP, are contained in our earnings release and investor presentation, which are furnished as exhibits to the Form 8K we filed yesterday with the SEC and are also available on the investor relations page of our website, SimmonsBank.com. Operator, we're ready to begin the Q&A.

Thank you. And as a reminder, if you'd like to ask a question, please press star then 1. And to remove yourself from queue, please press star then 2. Our first question today comes from Matt Olney at Stevens. Please go ahead.