West Bancorporation

Ladies and gentlemen, thank you for standing by. My name is Colby, and I'll be your conference operator today. At this time, I'd like to welcome you to the West Band Corporation Inc. Q4 2025 earnings conference call. All lines have been placed on mute to prevent any background noise, and after the speaker's remarks, there will be a question and answer session. If you'd like to ask a question at that time, please press star, then the number one on your telephone keypad to enter the queue. If you'd like to withdraw your question at any time, simply press star 1 again. I will now turn the call over to Jane Funk, Chief Financial Officer. Please go ahead.

Thank you. Good afternoon, everybody. I'm Jane Funk, the CFO at West Bank Corporation, Inc., and I'd like to welcome the participants on our call today, and thank you for joining us. With me today are Dave Nelson, CEO, Harley Oleson, Chief Risk Officer, Brad Winterbottom, Bank President, Brad Peters, Minnesota Group President, and Todd Mather, West Bank's Chief Credit Officer. I'll begin by reading our fair disclosure statement. During today's conference call, we may make projections or other forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 regarding future events or the future financial performance of the company. We caution that such statements are predictions and that actual results may differ materially. Please see the forward-looking statement disclosure in our 2025 fourth quarter earnings release for more information about risks and uncertainties which may affect us. The information we will provide today is accurate as of December 31st, 2025, and we undertake no duty to update the information. With that, I'll turn it over to Dave Nelson.

Thank you, Jane. Good morning and thank you everyone for joining us. We appreciate your interest in our company. I have a few general comments and then others will add more detail. We had a really good fourth quarter and during the quarter we executed a securities loss trade to better position ourselves for 2026. Jane will speak more to this, but despite the loss trade, net income on the year was up 35% over last year. We also maintained a problem-free loan portfolio. Deposits are growing quite nicely. Margins are expanding with more of that to come. Loan growth is expected to pick up when the economic expansion begins. We are in a really good shape to grow and are looking forward to a special year. West Bank has declared a 25-cent dividend payable February 25th to shareholders of record as of February 11th. Those are the extent of my prepared remarks. I'd now like to turn the call over to Mr. Harley Oleson.