S&T Bancorp, Inc.

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the S&T Bancorp third quarter earnings conference call. At this time, all participants are on a listen-only mode. After management's prepared remarks, there will be a question and answer session. I would now like to turn the call over to Chief Financial Officer Mark Kochvar. Please go ahead.

Great. Thank you, and good afternoon, everyone, and thank you for participating in today's conference call. Before beginning the presentation, I want to take time to refer you to our statement about forward-looking statements and risk factors, which is on the screen in front of you. This statement provides cautionary language required by the Securities and Exchange Commission for forward-looking statements that may be included in this presentation. A copy of the third quarter of 2022 earnings release can be obtained by clicking on the press release link on your screen or by visiting our investor relations website at www.stbankcorp.com. We will be reviewing an earnings supplement slide deck as part of this presentation. You can obtain a copy of those slides by also clicking on the earnings supplement link on your screen or also on the website under events and presentations, third quarter 22 earnings conference call. Click on the third quarter 22 earnings supplement link. With me today are Chris McCommish, S&T's CEO, and Dave Antiluk, S&T's president. I'd now like to turn the call and program over to Chris.

Thanks, Mark, and good afternoon, everybody. We're certainly pleased to be here with you reporting on very solid results for the quarter. Before I get into the numbers and then turn it back over to Mark and Dave for some more details, I did want to briefly emphasize to you all the progress that we continue to make building this company to deliver for both our shareholders, customers, and our employee base. Over the past four or five quarters, we've been on a steadfast journey in our strategic focus around strengthening the foundation of S&T, built over 120 years and rooted in our distinctive customer trust. All of this with an eye to sustainable, profitable top-tier growth and performance. I'm pleased to report that we continue to make great progress, making progress both in building and enhancing our leadership team, with an important blend of S&T legacy knowledge as well as outside industry expertise, all built for growth with the appropriate focus on safety and soundness in all that we do. Our leadership team clearly understands that we are the current stewards of this 120-year legacy of great customer trust and strong employee engagement. And as I mentioned in our press release, award-winning on both fronts. And our company's performance will rise and fall going forward on the effectiveness of this leadership. While there's always work to do, which we do embrace and are energized by, and the environment remains uncertain, I couldn't be more pleased with the progress that we've made and optimistic for our future. Now let me go ahead and turn to the numbers. And I'm on page three in the deck, and as you can see, $37 million in net income, which is a 28% increase in EPS for the quarter. Records on both fronts. PPNR above 2 at 2.15%, and solid revenue growth driving a 50% efficiency ratio. For the fifth straight quarter, we've had meaningful asset quality improvement, and our return metrics have led to to another increase in our dividend, the third in the last five quarters, up to now 31 cents per share. Turning to page four, before I turn it over to Dave for more details, you will see that our loan growth in the majority of our, we see loan growth in the majority of our portfolios with some contraction that also does have an asset quality focus. And on the deposit front, There is some contraction on a linked basis due to some seasonality as well as the rate environment. I look forward to your questions, and before that, I'll turn it over to Dave.