Renasant Corporation

Hello, and welcome to the Renaissance Corporation 2020 Third Quarter Earnings Conference Call and Webcast. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist for 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 the star then one on your touchtone phone. To try your question, please press the star then two. Please note, today's event is being recorded. I would now like to turn the conference over to Kelly Hutchinson of Renasant Bank. Please go ahead.

Good morning, and thank you for joining us for Renasant Corporation's 2020 Third Quarter Webcast and Conference Call. Participating in this call today are members of Renasant's Executive Management Team. Before we begin, please note that many of our comments during this call will be forward-looking statements, which involve risk and uncertainty. There are many factors that could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements. Obviously, the continuing impact of the COVID-19 pandemic, the federal, state, and local measures taken to arrest the virus, as well as all of the follow-on effects from this pandemic situation are the most significant factors that will impact our future financial condition and operating results. Other factors include but are not limited to interest rate fluctuation, regulatory changes, portfolio performance, and other factors discussed in our recent filings with the Securities and Exchange Commission, including our recently filed earnings release, which has been posted to our corporate site, renaissance.com, under the investor relations tab in the news and market data section. Furthermore, the COVID-19 pandemic has magnified and likely will continue to magnify the impact of these factors on us. We undertake no obligation and we specifically disclaim any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results over time. In addition, some of the financial measures that we may discuss this morning may be non-GAAP financial measures. A reconciliation of the non-GAAP measures to the most comparable GAAP measures can be found in our earnings release. And now I will turn the call over to our President and Chairman. Chief Executive Officer Mitch Waycaster.

Thank you, Kelly. Good morning and thank you for joining us today. Before Kevin and Jim discuss our results for the third quarter, I want to offer a few comments regarding our markets and employees. Throughout our region, which broadly runs from the Mississippi River to the Atlantic Coast in the southeast, economic activity continues to slowly improve, though at an uneven pace. Businesses are adjusting, and while certain sectors remain fragile, companies are for the most part cautiously optimistic. The consumer came into this recession in relatively good shape and, while still hurting, is persevering. Overall, the pace of economic opening varies across our markets, but remains on a gradual uptrend. I am very proud of our employees for their extraordinary efforts during this period. Despite the physical separation, we have in many ways grown closer and stronger as a team. Economically speaking, we have been among the first responders. It was only a few months ago that we facilitated over 11,000 Triple P loans for bars in excess of $1.3 billion. and now we are guiding our clients through the forgiveness process. Likewise, on loan deferrals, we are actively engaged with our clients to find the best plan for them and the bank, and have seen the level of deferrals decline dramatically. We always seek to provide high levels of service, and I believe our team has responded brilliantly during the pandemic. Now I'll turn it over to Kevin.