Old National Bancorp (NASDAQ:ONB) Q2 2022 Earnings Conference Call July 26, 2022 10:00 AM ET
Company Participants
Jim Ryan - CEO and Director
Brendon Falconer - CFO
James Sandgren - CEO of Commercial Banking
Conference Call Participants
Scott Siefers - Piper Sandler
Ben Gerlinger - Hovde Group
Chris McGratty - KBW
Terry McEvoy - Stephens
Jon Arfstrom - RBC
David Long - Raymond James
Operator
Welcome to the Old National Bancorp Second Quarter 2022 Earnings Conference Call. This call is being recorded and has been made accessible to the public in accordance with the SEC's Regulation FD. Corresponding presentation slides can be found on the Investor Relations page at oldnational.com and will be archived there for 12 months. .
Management would like to remind everyone that certain statements on today's call may be forward-looking in nature and are subject to certain risks, uncertainties and other factors that could cause actual results or outcomes to differ from those discussed. The company refers you to its forward-looking statement legend in the earnings release and presentation slides.
The company's risk factors are fully disclosed and discussed within its SEC filings. In addition, certain slides contain non-GAAP measures, which management believes provides more appropriate comparisons. These non-GAAP measures are intended to assist investors' understanding of performance trends. Reconciliations for these numbers are contained within the appendix of the presentation.
I'd now like to turn the call over to Jim Ryan for opening remarks. Mr. Ryan, please proceed.
Jim Ryan
Good morning. We're pleased to discuss our outstanding second quarter results and update you on our systems and branding changes from our transformational merger. Let's start on Slide 4.
We recently completed our systems and brand conversion. It's been a busy couple of weeks. The data and systems conversion went very well overall and our commercial clients have quickly and successfully adapted to the new systems. As expected, our branches and contact centers have experienced elevated activity levels but have started to normalize. I want to thank all of our team members for their hard work and dedication to serving our clients and communities.
Completing the data systems convergence should accelerate our ability to achieve our model synergies. Brendon will fill you on our progress later in the presentation. I'm gratified to share that despite the merger activities, our teams achieved outstanding loan growth results and continue to build robust pipelines.
I can't imagine better results, especially given the distractions. Lastly, we started branding campaigns in Chicago land and some of our metropolitan markets and are receiving good feedback from those efforts.