Central Pacific Financial Corp New

Good afternoon, ladies and gentlemen. Thank you for standing by and welcome to the Central Pacific Financial Corp Second Quarter 2026 Earnings Call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. This call is being recorded and will be available for replay shortly after its completion on the company's website at www.cpbbank.bank. I'd like to turn the call over to Mr. Jayrald Rabago, Senior Strategic Financial Officer. Please go ahead.

Thank you, Erica, and thank you all for joining us today as we review Central Pacific Financial Corp's financial results of the second quarter of 2026. Joining me this morning are Arnold Martinez, Chairman, President, and Chief Executive Officer, David Morimoto, Vice Chair and Chief Operating Officer, Ralph Mesick, Vice Chair, and Dayna Matsumoto, Executive Vice President and Chief Financial Officer. Before we begin, I would like to remind everyone that a copy of our earnings release and supplemental slides are available on our investor relations website at ir.cpb.bank. During today's call, management may make forward-looking statements. These statements are based on current expectations and assumptions and are subject to risk and uncertainties that could cause actual results to differ materially. For a complete discussion of these risks related to our forward-looking statements, please refer to slide two of our presentation. With that, I will now turn the call over to our Chairman, President, and CEO, Arnold Martines.

Thank you, Jayrald, and aloha to everyone joining us today. We are pleased to report on a strong second quarter. We maintain solid profitability and continue to manage our balance sheet with discipline. We grew average earning assets, maintained a stable car funding base, and expanded our net interest margin. Our strategic focus remains on being a high-performing bank that delivers sustainable growing returns. In the first half of the year, we continue to build momentum to drive results that positions us well for the future. We continue to serve Hawaii's people, small businesses, and local communities with a focus on long-term relationships, exceptional customer experiences, and disciplined execution. We were honored to be the highest-ranked company in Hawaii on America's Best Companies 2026 list published by Time Magazine and also recognized by Forbes These recognitions reflect the trust of our customers and the commitment of our employees. It is meaningful because it ties directly to our founding mission and the relationships we work to earn every day. We continue to invest in our business in the areas of talent and technology, including automation and data that supports future operating efficiencies. At the same time, we are also executing on across the organization. Overall, we remain focused on continuing to generate positive operating leverage. Turning to the broader environment, Hawaii's economy remains resilient. The visitor industry continues to be steady, and we have recently seen promising increases in visitors from the US East and Japan markets. Unemployment remains low at just 2.5%, We continue to monitor external risks including the geopolitical conflict and its impact on oil prices and inflation. Our customers are resilient and we have not seen any significant impacts, but we will remain vigilant and committed to supporting our customers and community. With that, I will turn the call over to Dayna.