Financial Data and Key Metrics Changes - The company reported a net income of $26.4 million or $54.51 per diluted share for Q2 2025, an increase from $24.7 million or $46 per share in Q1 2025, representing an annualized ROAA of 1.01% and an annualized ROATCE of 12.16% [9][10] - Net interest income for Q2 was $98.3 million, slightly down from $99.3 million in Q1, with a net interest margin of 4.18% compared to 4.2% in the previous quarter [11][12] - Noninterest income increased to $5.8 million in Q2 from $5.5 million in Q1, benefiting from Federal Reserve Bank dividends [13] - Noninterest expenses remained flat at approximately $70 million, reflecting effective expense management [14] Business Line Data and Key Metrics Changes - New loan originations nearly doubled in Q2 compared to Q1, marking the highest level since 2022, indicating a return to organic growth [6][7] - The company experienced slight growth in loans, attributed to a healthy pipeline and business development efforts [6][10] Market Data and Key Metrics Changes - The Texas marketplace remains resilient, providing opportunities for growth, particularly in the context of increased M&A activity [7] - The competitive landscape for loans is described as extremely competitive, with the company gaining market share in the Dallas and Houston Beaumont regions [22] Company Strategy and Development Direction - The company aims to build itself into the bank of choice for small business leaders, focusing on relationship banking to drive long-term shareholder value [8] - The strategy includes expanding existing relationships and acquiring new customers, with a disciplined approach to managing expenses while remaining opportunistic [25][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to defend and improve net interest margins, despite competitive pressures on funding costs [31][45] - The company is open to acquiring new talent to support growth, while maintaining a strong balance sheet and capital position [26][14] Other Important Information - The total risk-based capital ratio was 15.98% at the end of Q2, slightly up from 15.97% at the end of Q1 [14] - The company repurchased 791,000 shares at a weighted average price of $26.08 during the quarter [14] Q&A Session Summary Question: Growth outlook and competitive landscape for loans - Management noted that loan originations nearly doubled in Q2 compared to Q1, with a healthy pipeline supporting continued growth [20][21] Question: Funding side and core deposits strategy - The company has seen competitive pressures on money market deposits but is well-positioned to drive core deposits, with a focus on new customer acquisition [23][24] Question: Expense management and future investments - Management characterized expense management as holding the line to remain opportunistic for future investments, while being open to acquiring new talent [25][26] Question: Margin trends and implications for the second half of the year - Management feels confident in defending margins and expects improvements as the funding composition stabilizes [30][31] Question: M&A discussions and opportunities - The pace of M&A discussions has increased, with management emphasizing the importance of disciplined pricing [50] Question: Other income line trends - Management indicated that the other income line may trend back towards first quarter levels, with some volatility expected [53]

Financial Data and Key Metrics Changes - The company reported net income of $87.9 million or $1.27 per diluted share, a 17% increase compared to the first quarter of the previous year [12] - Net interest income increased by $20 million, while provision and non-interest expense remained relatively flat [12] - The efficiency ratio improved to 52.83% from 55.64% year-over-year [13] - Return on assets (ROA) remained strong at 1.36%, with PPNR ROA at 2.08% and adjusted return on tangible common equity at 13.16% [13][12] - Tangible book value per share grew by $1.19 to $39.78, and the tangible common equity ratio increased to $10.78 [13] Business Line Data and Key Metrics Changes - Loan balances were stable during the quarter, with total loan production at $1.5 billion, slightly down from the previous quarter but higher than the year-ago level [19] - Non-interest bearing deposits grew at a 15% annualized rate, representing 30.8% of total deposits [18] - Non-interest income decreased by $4.9 million, primarily due to reduced gains on the sale of SBA loans and a decline in mortgage division revenue [16] Market Data and Key Metrics Changes - The company experienced a 4% annualized growth in deposits, with total deposits increasing by $190 million [17] - Interest-bearing deposits fell slightly, while non-interest bearing deposits increased significantly [18] - The company anticipates mid-single-digit loan and deposit growth for 2025 [20] Company Strategy and Development Direction - The company focuses on maintaining top-tier profitability, enhancing revenue generation, and sustaining a strong capital position [5][8] - There is a strategic emphasis on optimizing margins rather than driving growth in uncertain economic conditions [6] - The company plans to leverage growth opportunities within its Southeastern footprint when the economic environment allows [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning for the remainder of 2025, despite macroeconomic uncertainties [10] - The company is prepared to capitalize on growth opportunities with a solid core deposit base and strong capital and liquidity positions [9][10] - Management indicated that the second half of 2025 is expected to present more growth opportunities than the first half [9] Other Important Information - The company repurchased approximately $15 million of common stock during the first quarter, with $85 million remaining available for buybacks [14] - The reserve for credit losses increased to 1.67% of loans, influenced by economic forecasts [16][42] Q&A Session Summary Question: What is driving the resilience in loan yields? - Loan production for the quarter averaged around 6.86%, with the core bank at about 8%, contributing to strong loan yields [25] Question: How does the company balance economic uncertainty with growth desires? - The company plans to be measured rather than aggressive in the current environment, focusing on capital and liquidity to capitalize on opportunities [36] Question: What is the outlook for expenses moving forward? - The company experienced strong expense control this quarter, and while merit increases will occur, the overall expense guidance remains aligned with expectations [40] Question: Why did the reserve increase despite strong underlying metrics? - The reserve build was model-driven, influenced by economic forecasts, and not due to asset quality deterioration [42] Question: What is the expectation for loan growth and related balance sheet growth? - The company expects loan growth in the mid-single digits, with Balboa tracking in line with overall company growth [46]

Exhibit 99.3 1Q25 Financial Results April 23, 2025 2 1Q25 Highlights 3 • 1Q25 net income of $1.1Bn; diluted EPS of $4.25, and return on equity of 24% • Financial performance remains solid ◦ Revenue growth from margin expansion ◦ Good credit performance highlighted by a reserve release and lower net charge-offs ◦ Strong capital position; CET1 ratio of 14.7% • Prudently managing our business ◦ Customer trends are stable ◦ Monitoring economic developments • Secured all necessary approvals for our pending merge ...