Renasant Corporation

Good morning and welcome to Renaissance Corp. First quarter 2021 earnings call and webcast. All participants will be in listening mode. If you need assistance, please single or conference specialist by pressing the start key followed by zero. After today's presentation, I'll be opportunity to ask questions. Please note that this event is being recorded. Now I'd like to turn the call over, Kelly Hutchinson, Renaissance Corp. Please go ahead.

Good morning, and thank you for joining us for Renaissance Corporation's 2021 First Quarter Webcast and Conference Call. Participating in this call today are members of Renaissance 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. Even while conditions in our footprint and across the country appear to be improving as COVID-19 vaccines are administered to more people, the impact of the pandemic and the federal, state, and local measures taken to arrest the virus, as well as all of the follow-on effects from this pandemic, remain significant factors likely to 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, www.renaissance.com, at the Press Releases link under the News and Market Data tab. 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 are 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 Chief Executive Officer, Mitch Waycaster.

Thank you, Kelly. Good morning. We appreciate you joining the call today. Before Kevin and Jim discuss results for the first quarter, I will offer observations on the quarter and our outlook for the balance of the year. First quarter results represent a good start to the year. The quarter was marked by stable credit metrics, a significant increase in deposits, slight net loan growth, and strong reported net income. Performance in the quarter reflects contributions across all of our business lines and markets. We continue to see signs of improving economic activity throughout our region. Our hope is that this activity begins to spur additional loan demand in the second half of the year. At Renasant, we talk often about one team going to market as one bank. Throughout the pandemic, we have remained true to that approach in serving our customers. I believe our company has grown its reputation as a financial service provider of choice in these challenging times. We also remain committed to core principles which emphasize core funding, asset quality, and capital strength. I will now turn the call over to Kevin.