Financial Data and Key Metrics Changes - Adjusted net income from continuing operations increased to $137.5 million or $0.73 per share, with adjusted ROA at 1.14% for the quarter [9] - Adjusted efficiency ratio improved by 90 basis points to 56.7% [10] - Total adjusted revenue was strong at $476 million, an increase of $28 million or 6% [13] - Net interest revenue increased by $15 million or 4% due to robust loan growth and added securities [13] - Tangible book value improved to $22.94 per share, with regulatory capital levels remaining strong at CET1 of 12.2% [11] Business Line Data and Key Metrics Changes - Organic loan growth was $1.1 billion for the quarter, representing a 12.6% annualized growth rate, with significant contributions from Texas [10] - Core customer deposits increased at a 4.4% annualized rate, primarily in non-interest bearing deposits [11] - Average loans were up over $800 million, while period-end loans grew by $1.4 billion, including $400 million from the First Chatham acquisition [12] Market Data and Key Metrics Changes - The company reported strong performance across various markets, particularly in Texas, Georgia, Florida, and Tennessee, with Texas leading in growth [90] - The company expects solid loan demand for the latter half of the year, projecting full-year loan growth, including acquisitions, to be between 11-15% [20] Company Strategy and Development Direction - The company is focused on expanding its presence in Georgia and Central Texas through recent acquisitions [7] - Management expressed confidence in continuing to grow organically and through strategic partnerships, positioning the company for strength in 2026 [109] Management Comments on Operating Environment and Future Outlook - Management noted that the operating environment is improving, with strong pipelines and robust loan origination activity [54] - The company anticipates continued operating leverage, with expenses expected to increase between 7-9% to support balance sheet growth [20] Other Important Information - The company completed the acquisition of First Chatham Bank on May 1 and closed the acquisition of Industry Bank Shares on July 1 [7] - The company liquidated $1.9 billion of securities from the Industry acquisition and reinvested in securities yielding over 5.25% [19] Q&A Session Summary Question: Can you provide insights on the NII and margin guidance? - Management acknowledged the impact of recent acquisitions on NIM but expressed optimism for future improvements in net interest margin [27][29] Question: What are the expectations for M&A activity? - Management noted increased M&A activity and expressed confidence in executing future transactions within their footprint [32] Question: Can you elaborate on the revenue guidance increase? - Management confirmed that the revenue guidance increase is based on strong organic loan growth and robust pipelines [37] Question: How is loan growth expected to trend moving forward? - Management indicated that the strong loan growth observed in the second quarter is expected to continue, driven by robust pipelines and origination activity [86] Question: What is the outlook for deposit growth? - Management highlighted the strength in core deposit origination and expressed optimism for continued growth in DDAs [67] Question: Any changes in beta expectations with the recent acquisitions? - Management stated that there are no significant changes in beta expectations and that interest rate sensitivity remains consistent [76]