S&T Bancorp, Inc.

Welcome to the S&T Bancorp Second Quarter 2026 Earnings Conference Call. After the management's remarks, there will be a question and answer session. Now, I would 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 earnings call. Before beginning the presentation, I want to take time to refer you to our statement about forward-looking statements and risk factors. The 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 second quarter 2026 earnings release, as well as this earnings supplement slide deck, can be obtained by clicking on the materials button in the lower right section of your screen. This will open up a panel on the right where you can download these items. You can also obtain a copy of these materials by visiting our investor relations website at stbancorp.com. With me today are Chris McComish, S&T's CEO, and Dave Antolik, S&T's President. I'd now like to turn the call over to Chris. Chris?

Mark, thank you, and good afternoon, everyone, and thank you for joining us today. We appreciate the analysts and investors being with us, and as always, we look forward to your questions. Before I get into the quarter, I did want to take a minute to recognize the broader momentum we are seeing across S&T. Our financial performance is one important measure of that momentum, but we also continue to see it reflected in the strength of our customer relationships and the trust customers place in our company. That was reinforced this quarter when S&T was named to the Forbes America's Best In-State Banks 2026 list. This is a recognition based upon direct customer feedback across areas such as trust, customer service, financial advice, digital experiences, and overall satisfaction. Also during the quarter, we celebrated our 124th year, which means we begin celebrating S&T's 125th year legacy this quarter. This recognition is a timely reminder that our long-term success has been built on those same fundamentals, serving customers well, investing in our communities, and delivering value for our shareholders over time. These commitments have helped us navigate change, strengthen our culture, and position the bank to thrive for the next 125 years and beyond. Now, turning to our financial results, I'll start on slide three. Turning to the quarter, we delivered a very strong Performance, net income was $36.6 million, or $1.02 per diluted share, up 8.5% from the first quarter of 26, and 22.9% from the second quarter of last year. Return metrics were also solid. We reported ROA of 149, ROE of 10.375, and a ROTCE of over 14. These results reflected the benefit of higher earnings, continued discipline across the company, and the impact of our share repurchase activity. Our operating performance was also strong. Net interest margin expanded seven basis points from the linked quarter to 399, supported by both higher loan yields and a better funding mix. Net interest income increased to $90.4 million compared to $88.4 million in the first quarter, and 86.6 million a year ago. Importantly, we're seeing positive year-to-date operating leverage. Through the first six months of the year, revenue growth has outpaced expense growth meaningfully and our efficiency ratio improved to 55.38% compared to 57% for the first six months of 2025. As is noted, asset quality showed improvement during the quarter with low net charge-offs of just a million dollars in non-performing assets decreased by almost $10 million to 0.5% of total loans in Oreo. On page four, loan growth was $99 million, or 5% annualized. On the deposit side, customer deposits were stable in the second quarter after very strong growth in the first quarter. Year-to-date deposits are up approximately 8% annualized. At the same time, we reduced broker deposits $100 million during the quarter and $180 million year-to-date, which again improved the quality of our funding mix. DDA levels remain at an industry-leading 28% of total deposits, highlighting the value of our relationship-based model and the quality of our core deposit base. We continue to actively manage capital also. As you know, over the past three quarters, we repurchased almost 3.2 million shares, representing 8% of outstanding shares for a total of $133 million. We also got board approval yesterday for a reauthorization of another $100 million opportunity. Our strong capital position gives us the flexibility to continue to support organic growth, remain disciplined around capital returns, and evaluating strategic opportunities as they arise. In summary, this was a very good quarter for our bank. We delivered meaningful EPS growth, solid returns, favorable asset quality, positive year-to-date operating leverage, and continued capital management through share repurchases. I'm going to stop right there, turn it over to Dave. He can talk about asset growth, pipelines, and asset quality.