Community Financial System, Inc.

Good day and welcome to the Community Financial Systems, Inc.' 's third quarter 2025 earnings conference call. All participants will be in listen-only mode. Should 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 a touch-tone phone. To withdraw your question, please press star then two. Please note that this event is being recorded and discussion may contain forward-looking statements within the provisions of the Private Securities Litigation Reform Act of 1995 that are based on current expectations, estimates and projections about the industry, markets and economic environment in which the company operates. These statements involve risks and uncertainties that could cause actual results to differ materially from the results discussed. Refer to the company's SEC filings, including the risk factors section, for more details. Discussion may also include references to certain non-GAAP financial measures. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures can be found in the company's earning release. I would now like to turn the conference over to Dimitar Kuryvinov, President and CEO. Please go ahead.

Thank you, Bailey. Good morning.

Thank you all for joining our Q3 2025 earnings call. We had an excellent quarter. Strong and diversified revenue growth remains a core differentiator for our company. Market share gains across all of our businesses continue. We remain focused on expenses, even as we are making a $100 million investment in facilities, talent, and technology across all of our businesses. Risk metrics remain excellent. The strength of our capital, liquidity, and credit continues to provide the base for our growth. All in all, record operating earnings per share of 23.9% year over year. I'd like to highlight a few recognitions to give you a better sense of where our businesses stand in terms of capabilities and reputation. Our employee benefit services business, BPIS, was recognized again as one of the top five record keepers nationwide by the National Association of Plan Advisors. Our insurance services business, One Group, was ranked as the 68th largest property and casualty broker in the country by the Insurance Journal. One group is now the third largest bank-owned broker. In our wealth management services business, Nottingham Advisors was recognized as a five-star wealth management team by Investment News. Our banking business, Community Bank, was recognized by S&P Global as one of the top 20 banks in the country in their inaugural deposit rankings. Also importantly, the culture and values of our company and people led to our recognition by the United Way of Central New York with our community champion award. All of these things matter. They make a difference. They make us who we are and lead to the results you see. We have deep national level talent and capabilities and are now becoming nationally recognized. We have also been fortunate to have excellent capital deployment opportunities year to date. We're on track to deploy approximately $100 million in cash capital in transactions that push forward our strategic priorities. Diversified, higher growth, subscription-like revenue streams in insurance, benefits, or wealth. And for the banking business, strong funding and liquidity in attractive high priority markets. You will note that this quarter we also provided in the press release the tangible returns for each one of our businesses. I believe those speak for themselves in our largest self-explanatory for our capital allocation strategy. The pre-tax tangible returns for the quarter were 63 percent for insurance services, 62 percent for employee benefit services, 48 percent for wealth management services, and 25 percent for banking and corporate. We will continue to aggressively pursue similar opportunities to deploy capital at high tangible returns. I am optimistic that we will continue to do so, in particular in our insurance and wealth businesses. In addition, we also had the opportunity after our prior earnings release to buy back approximately 206,000 shares at what we believe was meaningfully below intrinsic value for our company. This largely eliminated any share dilution to our shareholders for the year. I will now pass it on to Mariah for details on the financials.