Orchid Island Capital, Inc. (ORC) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.056 Good day, and thank you for standing by. Welcome to the Orchid Allen Capital first 00:00:05.056 -- 00:00:10.241 quarter 2026 earnings call. At this time, all participants are on a listening mode. 00:00:10.241 -- 00:00:13.124 After the speaker's presentation, there will be a question and answer session. 00:00:13.124 -- 00:00:17.929 To ask a question during the session, you will need to press star 11 on your telephone. 00:00:17.929 -- 00:00:21.012 You will then hear an automated message advising your hand is raised. 00:00:21.012 -- 00:00:23.094 To withdraw your question, please press star 11 again. 00:00:23.094 -- 00:00:26.812 Please be advised that today's conference is being recorded. 00:00:26.812 -- 00:00:30.478 I'd now like to hand the conference over to Melissa Alfonso, Office Manager. 00:00:30.478 -- 00:00:32.400 Please go ahead. 00:00:32.400 -- 00:00:37.348 Good morning, and welcome to the first quarter 2026 earnings conference call for Orchid 00:00:37.348 -- 00:00:42.673 Island Capital. This call is being recorded today, April 24, 2026. 00:00:42.896 -- 00:00:46.902 At this time, the company would like to remind the listeners that statements made during 00:00:46.902 -- 00:00:52.050 today's conference call relating to matters that are not historical facts are forward-looking 00:00:52.050 -- 00:00:56.669 statements subject to the Safe Harbor provisions of the Private Securities Litigation 00:00:56.669 -- 00:00:59.491 Reform Act of 1995. 00:00:59.491 -- 00:01:03.675 Listeners are cautioned that such forward-looking statements are based on information 00:01:03.675 -- 00:01:08.639 currently available on the management's good faith, belief with respect to future risks 00:01:08.639 -- 00:01:13.664 and uncertainties that could cause a...