First Merchants Corporation (FRME) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the First Merchants Corporation first quarter 2026 earnings conference call. Before we begin, management would like to remind you that today's call contains forward-looking statements with respect to the future performance and financial condition of First Merchants Corporation that involves risk and uncertainties. Further information is contained within the press release, which we encourage you to review. Additionally, management may refer to non-GAAP measures, which are intended to supplement but not substitute for the most directly comparable GAAP measures. The press release available on the website contains financial and other quantitative information to be discussed today as well as a reconciliation of GAAP to non-GAAP measures. As a reminder, today's call is being recorded. I'll now turn the conference over to Mr. Mark Hardwick, CEO. Mr. Hardwick, you may begin. Good morning, and welcome to First Merchant's first quarter 2026 conference call. Thanks for the introduction and for covering the forward-looking statement on page two. We released our earnings yesterday after markets closed, and today's presentation materials are available via the link on page three of the earnings release. Turning to slide three, you'll see today's presenters and members of our executive management team. Joining me on the call are Mike Stewart, our president, John Martin, our Chief Credit Officer, and Michelle Kaviaski, our Chief Financial Officer. Slide four highlights our footprint and financial scale. We now operate 127 banking centers, reflecting the addition of Southern Indiana following the first savings acquisition. Total assets stand at $21.1 billion, with $15.3 billion in loans and $16.5 billion in deposits. Adjusted performance metric...