Core Insights - Southern Missouri Bancorp, Inc. reported preliminary net income of $15.7 million for Q1 fiscal 2026, a 25.6% increase from the previous year, driven by higher net interest income and lower non-interest expenses [2][3][18] - The company declared a quarterly cash dividend of $0.25, marking the 126th consecutive quarterly dividend [4] - The company will host a conference call on October 23, 2025, to discuss the financial results [5] Financial Performance - Earnings per diluted share increased to $1.38, up $0.28 or 25.5% year-over-year [5][18] - Annualized return on average assets (ROA) was 1.24%, and return on average common equity (ROE) was 11.3%, compared to 1.07% and 9.9% respectively in the same quarter last year [5][18] - Net interest margin improved to 3.57%, up from 3.34% a year ago [5][18] Balance Sheet Highlights - Total assets reached $5.0 billion, reflecting a 0.3% increase from the previous quarter [7] - Gross loan balances increased by $91.2 million or 2.2% during the quarter, and by $225.2 million or 5.7% year-over-year [9] - Deposit balances decreased slightly by $878,000 during the quarter but increased by $240.3 million or 5.9% over the last twelve months [15] Loan and Credit Quality - Provision for credit losses (PCL) was $4.5 million, an increase of $2.3 million from the previous year [20][13] - Nonperforming loans (NPLs) rose to $26.0 million, or 0.62% of gross loans, compared to $23.0 million or 0.56% in the prior quarter [12][33] - The allowance for credit losses (ACL) was $52.1 million, representing 1.24% of gross loans [13][33] Non-Interest Income and Expenses - Non-interest income decreased by $601,000 or 8.4% year-over-year, primarily due to lower loan fees and net realized gains on loan sales [21] - Non-interest expenses decreased by $790,000 or 3.1% compared to the same period last year, driven by lower compensation and benefits [22] - The efficiency ratio improved to 51.1%, down from 59.0% in the same quarter last year [23] Tax and Equity - The income tax provision increased by 12.2% to $3.8 million, with an effective tax rate of 19.5% [24] - Stockholders' equity rose to $560.2 million, a 2.9% increase from the previous quarter [17]

Financial Data and Key Metrics Changes - Western Alliance Bancorporation reported record net revenue of $938 million and pre-provision net revenue of $394 million for Q3 2025, reflecting strong business momentum [4][5] - Net interest income increased by 30% on a linked quarter annualized basis, reaching $750 million, driven by healthy loan growth and stable net interest margins [4][11] - The company generated EPS of $2.28, with a return on average assets of 1.13% and return on average tangible common equity of 15.6% [5][16] - The CET1 capital ratio grew to 11.3%, with total equity increasing to $7.7 billion and tangible book value per share climbing 13% year over year [5][16][23] Business Line Data and Key Metrics Changes - Mortgage banking revenue rose significantly, contributing to a $40 million increase in non-interest income, with AmeriHome growing revenue by $17 million quarter over quarter [5][12] - Commercial and industrial loans led loan growth momentum, while construction loans decreased by $460 million as they converted to term financing [17][18] - Non-interest expenses increased by $30 million from the prior quarter, primarily due to seasonal factors and elevated ECR-related deposits [13][14] Market Data and Key Metrics Changes - Deposits grew by $6.1 billion in Q3, with significant contributions from non-interest-bearing and savings accounts, despite a $635 million runoff in higher-cost CDs [17][18] - Regional banking deposits increased by $1.1 billion, with strong growth in commercial banking and innovation banking [18] - The allowance for loan losses rose to 78 basis points, reflecting the increase in loans and the company's proactive credit management strategy [16][20] Company Strategy and Development Direction - The company aims for loan growth of $5 billion and raised year-end deposit growth expectations to $8.5 billion, indicating confidence in its business pipeline [26] - Western Alliance is focused on maintaining strong asset quality and has implemented enhanced monitoring practices to mitigate risks associated with credit relationships [6][8] - The bank is evaluating issuing subordinated debt to support its share repurchase program, which is expected to be accretive to EPS [23][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in asset quality, stating that criticized assets have declined and that they do not foresee significant losses from current credit exposures [33][34] - The economic backdrop is viewed positively, with GDP growth and low unemployment supporting the bank's outlook [67] - The company anticipates continued growth in net interest income and non-interest income, with a projected effective tax rate of about 20% for Q4 [26][28] Other Important Information - The company has initiated a $300 million share buyback program, with $25 million already executed [23][41] - Management highlighted the importance of strong collateral and risk management practices in their lending operations, particularly in the non-depository financial institution space [69][70] Q&A Session Summary Question: Credit picture regarding First Brands and Canter 5 exposures - Management feels comfortable with asset quality and does not foresee losses from these exposures, supported by strong collateral and guarantees [33][34] Question: Expectations for ECR deposit beta and mortgage revenue - The beta for ECR-related deposits is expected to be around 70%, with mortgage-related income rising significantly due to lower mortgage rates [35][38] Question: Insights on buybacks and capital management - The company plans to maintain its $300 million buyback program and may issue subordinated debt to support capital ratios while continuing to repurchase shares [41][42] Question: Seasonal deposit flows and expectations for Q4 - The company anticipates some seasonal runoff in deposits, particularly related to the mortgage cycle, but expects to stabilize in 2026 [49][50] Question: Trends in classified loans and asset quality - The reduction in classified loans was driven by improved borrower fundamentals and successful resolutions, with no significant losses expected from current exposures [54][55]

Core Viewpoint - United Security Bancshares demonstrated a positive earnings response for Q3 2025, with a notable increase in net income and net interest margin, despite some declines in total interest income and noninterest income [1][3][4]. Financial Performance - Earnings per share (EPS) for Q3 2025 was reported at 23 cents, an increase from 22 cents in the same quarter last year [2]. - Total interest income slightly declined by 0.8% to $15.6 million from $15.8 million year-over-year, while net interest income rose by 5.1% to $12.4 million, up from $11.8 million [3]. - Net income increased by 5.1% to $4 million from $3.8 million in the prior year [3]. Key Business Metrics - Net interest margin improved to 4.35% from 4.20% year-over-year, driven by reduced costs of deposits and short-term borrowings [4]. - The cost of funds decreased to 1.1% from 1.4%, contributing to improved profitability [4]. - Return on average assets (ROAA) rose to 1.3% from 1.2%, and return on average equity (ROAE) increased to 11.7% from 11.6% [4]. Income Sources - Loan interest and fees fell by 0.9% year-over-year to $14.3 million, while noninterest income decreased by 20% to $1.6 million, primarily due to lower gains from fair value adjustments of junior subordinated debentures [5]. - Non-interest expenses increased by 4.1% to $7.4 million, reflecting higher technology, salary, and benefits costs [5]. Management Insights - The CEO expressed optimism regarding loan growth and the bank's equity position, noting a $7 million increase in shareholder equity after dividends [6]. - A decrease in student loan charge-offs was observed, indicating an improving credit environment [6]. Performance Drivers - Quarterly profitability improvements were attributed to lower short-term borrowing costs and a reduction in credit loss provisions, which fell to $1 million from $1.6 million year-over-year [7]. - A $0.2 million gain from a $3 million partial redemption of TruPS contributed positively to noninterest income [7]. Broader Developments - Net interest income benefited from increased earnings from overnight investments at the Federal Reserve and reduced funding costs [8]. - Average loan rates dipped slightly to 5.92% from 6.04%, but this was offset by a decrease in liability costs [8]. Other Notable Events - The company completed a $3 million partial redemption of its TruPS, reducing the contractual balance to $9 million [9]. - A cash dividend of 12 cents per share was declared, payable on October 21, 2025 [9]. - Other real estate owned (OREO) increased to $7.9 million from $4.6 million at year-end 2024, mainly due to foreclosures, although total nonperforming assets decreased to $14.1 million from $17.2 million [10].

Core Insights - BOK Financial Corporation (BOKF) reported Q3 2025 earnings of $2.22 per share, exceeding the Zacks Consensus Estimate of $2.10, marking a 1.8% increase from the previous year [1][10] - The company's performance was driven by higher net interest income and total fees and commissions, alongside an increase in loans and deposits, although rising operating expenses posed a challenge [1][10] Financial Performance - Net income attributable to shareholders reached $140.9 million, showing a slight year-over-year increase [2] - Quarterly net revenues amounted to $548.3 million, a 6.2% increase year-over-year, surpassing the Zacks Consensus Estimate of $533.7 million [3] - Net interest income was reported at $337.6 million, reflecting a 9.6% year-over-year growth, with the net interest margin expanding by 23 basis points to 2.91% [3] - Total fees and commissions increased to $204.4 million, nearly 1% higher year-over-year, driven by various revenue streams [4] Operating Expenses - Total other operating expenses rose to $369.8 million, an 8.4% increase year-over-year, primarily due to higher personnel costs [4] - The efficiency ratio increased to 66.66% from 65.11% in the prior year, indicating a decline in profitability [5] Loan and Deposit Growth - As of September 30, 2025, total loans reached $24.8 billion, up 2.3% from the prior quarter, mainly due to growth in commercial loans [6] - Total deposits slightly increased to $38.5 billion, driven by higher interest-bearing transaction accounts and time deposits [6] Credit Quality - Non-performing assets decreased to $74 million, or 0.30% of outstanding loans, down from $87 million or 0.36% in the prior year [7] - Provisions for credit losses remained stable at $2 million, while net charge-offs were $3.6 million compared to net recoveries of $54 thousand in the previous year [7] Capital Ratios and Profitability - As of September 30, 2025, the common equity Tier 1 capital ratio improved to 13.60% from 12.73% a year earlier, with tier 1 and total capital ratios also showing improvement [11] - Return on average equity decreased to 9.38% from 10.22% year-over-year, while return on average assets slightly declined to 1.08% from 1.09% [11] Share Repurchase - During the reported quarter, BOK Financial repurchased 365,547 shares at an average price of $111 per share [12] Overall Assessment - BOK Financial's strong net interest income and solid loan balances support its overall performance, although rising operating expenses are a concern [13]

Financial Data and Key Metrics Changes - Wintrust reported a record net income of $216 million for Q3 2025, up from over $195 million in the previous quarter, representing an increase of almost 11% quarter over quarter [4] - Net interest income increased by $20 million from the second quarter to $567 million, driven by solid loan and overall balance sheet growth [5] - Total loans reached $52 billion at quarter end, reflecting an 11% year-to-date increase on an annualized basis [5] - Total deposits were nearly $57 billion at the end of Q3, with deposit growth of just under $900 million [5][9] - Net interest margin was 3.50% for the quarter, slightly down from the prior quarter but within the targeted range [6] Business Line Data and Key Metrics Changes - Loan growth for the quarter was broad-based, with commercial real estate loans growing by $327 million and Wintrust Life Finance growing by $252 million [14] - Non-interest income totaled $130.8 million in Q3, up approximately $6.7 million compared to the prior quarter, supported by higher wealth management and mortgage revenue [11] - Non-interest expenses totaled $380 million, a slight decline from $381.5 million in the previous quarter, indicating well-controlled expenses [11] Market Data and Key Metrics Changes - Wintrust achieved deposit share gains in key markets, ranking third in deposit market share in Illinois, up one position [7] - The company continues to see strong growth in its franchises in Wisconsin and West Michigan, with significant upside potential [7] Company Strategy and Development Direction - The company remains focused on core deposit growth as a key tenet of its franchise, emphasizing a relationship-based approach in its core Midwestern markets [7][19] - Wintrust aims to continue generating loan and deposit growth in the mid to high single-digit range while maintaining a stable net interest margin [18] - The management is committed to disciplined underwriting and is cautious about taking risks that do not meet their standards [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of net interest margin despite potential rate cuts by the Fed, citing a balanced approach to managing deposit costs [32][68] - The overall credit environment remains stable, with proactive measures in place to address any challenges [17] - Management noted a sense of measured optimism among customers as they approach year-end, indicating strong portfolio performance [17] Other Important Information - The company has consistently grown tangible book value per share every year since going public and is on track to do so again in 2025 [12] - A one-time impact from preferred stock redemption reduced fully diluted net income per common share by $0.28 in Q3, but the adjusted figure would have been $3.06 without this impact [13] Q&A Session Summary Question: Can you talk about loan growth drivers and pipelines? - Management noted a unique market positioning in Chicago, gaining market share from larger banks, with stable pipelines for C&I and CRE loans [25][29] Question: How do you feel about holding the margin in the current range with potential Fed rate cuts? - Management expressed confidence in maintaining the margin around $350, citing effective management of deposit costs and a balanced loan portfolio [32][33] Question: What is the strategy for commercial loan growth? - Management indicated that the decline in commercial loan growth was more about timing than market competition, with consistent opportunities in the pipeline [37] Question: Are there any segments or industries where you are pulling back on lending? - Management stated they are closely monitoring higher education and healthcare sectors but are not pulling back from lending in general [94] Question: How do you view the competitive landscape among banks? - Management noted that the competitive environment remains rational, with no significant changes among larger and smaller banks [110]

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $0.83 for Q3 2025, an improvement compared to the linked quarter [5] - Net interest income increased nearly $4,000,000, while the net interest margin expanded by one basis point [6] - The efficiency ratio improved to 57.1% compared to 59.3% in the linked quarter [7] - The provision for credit losses declined over $9,000,000, with the allowance for credit losses standing at 1.11% of total loans [8][10] Business Line Data and Key Metrics Changes - Annualized loan growth was 8%, with significant growth in commercial real estate and commercial and industrial loan balances [12] - Non-performing loans declined nearly $2,000,000, comprising 58 basis points of total loans compared to 61 basis points at the end of the previous quarter [10] - Fee-based income experienced a 1% decline compared to the linked quarter, driven by lower lease income [17] Market Data and Key Metrics Changes - The loan to deposit ratio increased to 88% from 86% at the end of the previous quarter [20] - Deposit balances were relatively flat, with increases in money market and interest-bearing demand accounts offset by declines in brokered CDs and governmental accounts [21][22] Company Strategy and Development Direction - The company continues to develop its business organically while awaiting the right acquisition opportunities [24] - The focus remains on managing net interest income and net interest margin through the current interest rate cycle [24] - The company anticipates loan growth to be between 4% and 6% for 2026, depending on pay down timing and economic conditions [26] Management's Comments on Operating Environment and Future Outlook - Management noted a reduction in provision for credit losses to a more normalized rate for Q3 [24] - The company expects to achieve positive operating leverage for 2025 compared to 2024, excluding the impact of reduced accretion income [25] - Management highlighted the potential for increased refinancing activity if mortgage rates fall [66] Other Important Information - The tangible equity to tangible assets ratio improved by 27 basis points to 8.5% at quarter end [23] - The company plans to manage capital in preparation for potential M&A opportunities while supporting dividends [95] Q&A Session Summary Question: Clarification on criticized and classified loans - Management expects some criticized and classified loans to revert in the near term, estimating $35,000,000 to $55,000,000 in upgrades or payoffs [34] Question: Loan growth guidance for 2026 - Management indicated that loan growth guidance for 2026 is slightly below this year's guidance but aligns with historical growth rates [36] Question: Impact of rate cuts on margin - Management confirmed that each 25 basis point rate cut is expected to result in a three to four basis point decline in net interest margin [46] Question: Update on North Star portfolio - Management reported that the high balance accounts in the North Star portfolio are down to about $15,000,000 to $16,000,000, with expectations for a gradual decline in charge-offs [48] Question: Appetite for buybacks and M&A - Management expressed a priority on building capital for M&A opportunities while maintaining an active buyback program [95]

Financial Data and Key Metrics Changes - The company reported a net income of $10.8 million or $0.56 per share for Q3 2025, down from $13.2 million or $0.68 per share in the previous quarter [4][6] - Pre-provision pre-tax revenue (PP&R) increased by 17% from Q2 and 48% year-over-year [6] - Net interest income for Q3 was $38.8 million, up by $1.6 million or 4% from the previous quarter, and up by $6.6 million or 20% year-over-year [6][7] - Non-interest income comprised 31% of revenue in Q3, up 3% from Q2 and 8% year-over-year [7] - Non-interest expense totaled $35.7 million in Q3, down by $804,000 or 2% [7] Business Line Data and Key Metrics Changes - Wealth management revenues increased by 3%, with a 6% rise in asset-based revenues due to market appreciation and the acquisition of $195 million in managed assets [6][7] - Mortgage banking revenues reached $3.5 million, up 15% for the quarter and 22% year-over-year [7] Market Data and Key Metrics Changes - End-of-period assets under administration (AUA) totaled $7.7 billion, up $501 million or 7% [7] - In-market deposits increased by $179 million or 4% from the end of Q2 and by $431 million or 9% year-over-year [7][8] Company Strategy and Development Direction - The company is focused on long-term value creation and has made key investments to drive growth, including an asset purchase from Lighthouse Financial management [5] - The hiring of Jim Brown as Senior Executive Vice President and Chief Commercial Banking Officer aims to strengthen commercial relationships and integrate services with the wealth division [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the current portfolio quality despite elevated provisions for credit losses due to resolved credit exposures [4][6] - The company anticipates low single-digit loan growth for the year, with a healthy pipeline of approximately $180 million [35] - Management expects margin expansion of about 5 basis points in Q4 [27] Other Important Information - The company repurchased 237,000 shares at an average price of $27.18 per share, totaling $6.4 million, and an additional 21,000 shares in October [8] - The effective tax rate for the full year is expected to be 22.5% [7] Q&A Session Summary Question: Remaining shared national credits size - The remaining shared national credits amount to about $173 million, split between commercial and industrial (CNI) and commercial real estate [17][47] Question: Change in specific reserves on a credit - The change was due to reduced recovery expectations from a Chapter 11 situation, leading to a significant loss [18] Question: Confidence in appraisals of other office properties - Confidence is based on different properties in various markets, with some showing leasing momentum [19][20] Question: Client flows in wealth management - The company is no longer disclosing client flows to align with peers [25] Question: Margin expectations - The company anticipates a margin expansion of about 5 basis points in Q4 [27] Question: Buyback plans - The company is pausing buybacks to evaluate capital levels for growth opportunities [38][46] Question: Breakdown of shared national credits - The breakdown includes $90 million in commercial real estate and $84 million in commercial and industrial [47] Question: NDFI exposure - The company has no NDFI exposure [49]

Financial Data and Key Metrics Changes - The company reported a net interest margin (NIM) of 3.76% for September, with expectations for the fourth quarter to be at or above 3.65% [13][15][19] - Cumulative beta for deposits was reported at 65% through the rate cycle, with expectations for moderation due to the reduction of brokered deposits [21][22] Business Line Data and Key Metrics Changes - The company has focused on improving organic growth capabilities, including talent acquisition and operational efficiency [9][10] - The restructuring actions taken are expected to support loan growth, with a focus on maintaining soundness and profitability [10][11] Market Data and Key Metrics Changes - The company has seen a competitive environment with intense pricing pressures, but remains disciplined in its approach to growth [10][41] - The deposit base has been leaner, with a significant reduction in brokered deposits, which are now targeted to be reduced to zero over the long term [21][38] Company Strategy and Development Direction - The company is prioritizing operational excellence and efficiency while also investing in talent acquisition to drive organic growth [9][28] - The strategic plan includes growing core deposits to reduce reliance on brokered deposits, with a focus on enhancing customer relationships [38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth opportunities, citing strong pipeline activity and production volumes [11][41] - The company is committed to maintaining discipline in its growth strategy, focusing on risk-adjusted returns rather than volume alone [10][41] Other Important Information - The company underwent significant restructuring in the third quarter, which management described as a bold and exceptional move [55][56] - The CEO announced his retirement, marking the end of his tenure and expressing confidence in the company's future [56][57] Q&A Session Summary Question: What are the key strategic initiatives moving forward? - Management highlighted a focus on addressing structural challenges and enhancing organic growth capabilities [8] Question: How is the company approaching loan growth in a competitive environment? - Management emphasized the importance of soundness and profitability over volume, with expectations for low single-digit growth rates [10][11] Question: What is the outlook for deposit betas with upcoming rate cuts? - Management expects the beta to moderate due to the reduction of brokered deposits, which had a 100% beta [21][22] Question: How does the company view its credit outlook? - Management reported a benign quarter for credit metrics and expressed optimism about resolving specific loans [30][32] Question: What is the company's strategy regarding brokered deposits? - The goal is to reduce brokered deposits to zero over time by growing core deposits [38] Question: What are the expectations for loan pricing and competitive dynamics? - Management noted that competitive pricing pressures are significant but remains committed to generating strong risk-adjusted returns [41]

Core Insights - Huntington Bancshares reported a net income of $629 million for Q3 2025, marking a 17% increase from the previous quarter and a 22% increase year-over-year [2] - The company achieved a return on average assets of 1.19%, return on average common equity of 12.4%, and return on average tangible common equity of 17.8% [2] Financial Performance - Earnings per common share (EPS) for the quarter was $0.41, up $0.07 from the prior quarter and $0.08 from the year-ago quarter [4] - Net interest income rose by $39 million, or 3%, from the prior quarter, and by $155 million, or 11%, from the year-ago quarter [4] - Noninterest income increased by $157 million, or 33%, from the prior quarter, totaling $628 million, and grew by $105 million, or 20%, year-over-year [4] - Average total loans and leases increased by $2.8 billion, or 2%, from the prior quarter, reaching $135.9 billion, and rose by $11.4 billion, or 9%, year-over-year [4] - Average total deposits increased by $1.4 billion, or 1%, from the prior quarter, and by $8.3 billion, or 5%, year-over-year [4] Credit Quality and Capital Ratios - Net charge-offs were 0.22% of average total loans and leases, a slight increase of 2 basis points from the prior quarter [4] - The nonperforming asset ratio was 0.60% at quarter-end, down 3 basis points from the prior quarter [4] - The Common Equity Tier 1 (CET1) risk-based capital ratio was 10.6%, up from 10.5% in the prior quarter [4] - Tangible common equity (TCE) ratio improved to 6.8%, up from 6.6% in the prior quarter and 6.4% year-over-year [4] Strategic Initiatives - The company has grown loans and deposits by over $11 billion and $8 billion, respectively, in the past year, with 60% of loan growth from core businesses and 40% from new initiatives [3] - The upcoming combination with Veritex Holdings, scheduled for October 20, 2025, is expected to enhance Huntington's growth in Texas [5] - Huntington was ranked as the 1 non-captive regional lender in the 2025 J.D. Power U.S. Dealer Financing Satisfaction Study [4]

Financial Data and Key Metrics Changes - The company reported net income of $17.8 million for Q3 2025, up from $16.5 million in Q3 2024, translating to $1.56 per diluted common share compared to $1.41 a year ago [3][8] - Net interest income increased to $50.8 million, a rise of $2.8 million or 5.8% from $48 million in the same period last year [4][9] - The annualized net interest margin improved to 3.72% from 3.42% a year ago, reflecting stable loan yields and effective funding cost control [4][10] - Non-interest expense rose to $36.1 million from $33.7 million in the prior year, primarily due to higher legal and professional fees and technology upgrades [6][12] Business Line Data and Key Metrics Changes - Gross loans totaled $4.54 billion, a decline of $223 million or 4.7% from December 31, 2023, mainly due to elevated commercial real estate and multifamily loan payoffs [4][15] - Construction lending showed solid momentum with total unfunded construction commitments steady at approximately $600 million [5][16] - Non-interest income totaled $7.1 million, slightly up from $7.0 million in Q3 2024, driven by improvements in commissions on annuity sales and fees on loans [11][12] Market Data and Key Metrics Changes - Total deposits decreased by $77.5 million or 1.7% compared to December 31, 2024, primarily due to a decrease in brokered deposits [16][17] - As of September 30, 2025, uninsured deposits totaled approximately $742 million, representing roughly 16% of total deposits [17] Company Strategy and Development Direction - The company emphasized disciplined cost control and operational efficiency while strategically investing in areas that enhance capabilities for sustained growth [15][19] - The Board of Directors approved a new stock repurchase authorization for up to 1 million additional shares, reflecting a commitment to returning value to shareholders [19][20] Management's Comments on Operating Environment and Future Outlook - Management noted that credit quality remains strong, with no significant signs of weakness across the portfolio, despite some idiosyncratic issues in specific projects [24][25] - The company is well-positioned to handle potential future rate cuts, with expectations that moderate cuts will not significantly impact margins [27][28] Other Important Information - The efficiency ratio was reported at 62.45%, up from 61.34% in the prior year, indicating a slight increase in operational costs relative to income [14] - The allowance for credit losses as a percentage of total loans stood at 1.43%, reflecting a slight increase from the previous quarter [18] Q&A Session Summary Question: Loan growth outlook and regional opportunities - Management highlighted opportunities across various regions, including Texas and Atlanta, while noting elevated payoffs [22][23] Question: Signs of weakness in the portfolio - Management stated that there are no broad signs of weakness, with any issues being specific to individual projects [24] Question: Outlook on operating expenses - Management indicated that some operating expenses are expected to stabilize, with potential decreases in legal and professional fees [35][36] Question: Commission income sustainability - Management acknowledged that commission income is at a higher level than historically but could fluctuate based on customer interest [37][38]