NBT Bancorp Inc. (NBTB) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone. Welcome to the NBT Bank Corp's second quarter 2023 Financial Results Conference call. This call is being recorded and has been made accessible to the public in accordance with the SEC Regulation FD. Corresponding presentation slides can be found on the company's website at nbtbankcorp.com. Before the call begins, MBT's management would like to remind listeners that, as noted on slide two, today's presentation may contain forward-looking statements as defined by the Securities and Exchange Commission. Actual results may differ from those projected. In addition, certain non-GAAP measures will be disclosed, reconciliations for these numbers as contained within the appendix of today's presentation. At this time, all participants are in listen-only mode. Later, we will conduct a question and answer session, and instructions will follow at that time. As a reminder, this call is being recorded. I would now like to turn the conference over to NBT Bank Corp President and CEO, John H. Watt, Jr., for his opening remarks. Mr. Watt, please begin. Thank you, Jonathan, and good morning, and thank you all for participating in this earnings call covering NBT Bancorp's second quarter 2023 results. Joining me today are NBT's Chief Financial Officer, Scott Kingsley, and our Chief Accounting Officer, Annette Burns. There is no doubt that we entered 2Q in an environment overshadowed by volatility at the macro level, which had an impact on the banking industry. Throughout this period, NBT focused on our customers and communities, and our results demonstrate the success of this approach. By mid-quarter, we experienced higher visibility that gives us confidence about our forward momentum. Importantly, in early July, we were pleased to announce that NBT received the regula...