MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Q3 2022 Earnings Conference Call October 28, 2022 12:00 PM ET

Company Participants

Len Devaisher – Interim Chief Executive Officer

Kevin Monson – Chairman

Barry Ray – Senior Executive Vice President and Chief Financial Officer

Jim Cantrell – Senior Executive Vice President, Chief Investment Officer and Treasurer

Gary Sims – Senior Vice President and Chief Credit Officer

Conference Call Participants

Brendan Nosal – Piper Sandler & Co.

Jeff Rulis – D.A. Davidson

Terry McEvoy – Stephens

Damon DelMonte – KBW

Brian Martin – Janney

Operator

Good morning. Thank you for attending today's MidWestOne Financial Group, Inc. Third Quarter 2022 Earnings Call. My name is Hannah, and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions]

This presentation contains forward-looking statements relating to the financial condition, results of operations and business of MidWestOne Financial Group, Inc. Forward-looking statements generally include words such as beliefs, expects, anticipates and other similar expressions. Actual results could differ materially from those indicated. Among the important factors that could cause actual results to differ materially our interest rates change in the mix of the company's business, competitive pressures, general economic conditions and the risk factors detailed in the company's periodic reports and registration statements filed with the Securities and Exchange Commission. MidWestOne Financial Group, Inc. undertakes no obligation to publicly revise or update these forward-looking statements to reflect events or circumstances after the date of this presentation.

I would now like to pass the conference over to our host, Len Devaisher, Interim CEO of MidWestOne Financial Group. Please proceed.

Len Devaisher

Thank you, Hannah, and thanks to all of you for joining us for the call today. I'm joined in this call by our CFO, Barry Ray; our Chief Credit Officer, Gary Sims; our Treasurer, Jim Cantrell; and the Chairman of our Board, Kevin Monson.

And with that, I'm pleased to turn it over to Kevin.

Kevin Monson

Good morning and good afternoon, everyone, and thank you, Len, for the introduction. I joined the call today to continue our announcement of our new CEO, who will be starting with the company November 1st, Charles (Chip) Reeves, is joining us, and we're very excited to have him become part of our leadership team. And I'm also happy that Charlie Funk continue to work for the company as a special adviser to Chip during this transition period. It's very exciting to have new leadership and Chip brings a long 32-year broad-based experience to the bank and has been in Iowa City this week even though he doesn't start until November 1st. He's getting a jump start and was able to participate in several meetings as well as get to know our staff.