Sandy Spring Bancorp, Inc. (NASDAQ:SASR) Q2 2022 Earnings Conference Call July 21, 2022 2:00 PM ET

Company Participants

Daniel Schrider - Vice Chairman, President and Chief Executive Officer

Aaron Kaslow - Executive Vice President, Chief Administrative Officer and General Counsel

Phil Mantua - Executive Vice President and Chief Financial Officer

Conference Call Participants

Catherine Mealor - KBW

Russell Gunther - D.A. Davidson

Mark Hughes - Lafayette Investments

Operator

Good afternoon. Thank you for attending the Sandy Spring Bancorp Earnings Conference Call and Webcast for the Second Quarter of 2022. My name is Matt and I will be the moderator for today's call. [Operator Instructions]

I would now like to pass the conference over to our host, Dan Schrider, President and CEO of Sandy Spring Bancorp. Dan, please go ahead.

Daniel Schrider

Thank you, Matt. Good afternoon, everyone. Thank you for joining us for our conference call to discuss Sandy Spring Bancorp’s performance for the second quarter of 2022. As mentioned, this is Dan Schrider speaking and I'm joined here by colleagues, Phil Mantua, our Chief Financial Officer; and Aaron Kaslow, General Counsel and Chief Administrative Officer.

And today's call is open to all investors, analysts and the media. There's a live webcast of today's call and a replay will be available on our website later today. Before we get started, covering highlights from the quarter and then taking your questions, Aaron will give the customary Safe Harbor statement.

Aaron Kaslow

Thank you Dan. Good afternoon, everyone. Sandy Spring Bancorp will make forward-looking statements in this webcast that are subject to risks and uncertainties. These forward-looking statements include statements of goals, intentions, earnings and other expectations, estimates of risks and future costs and benefits, assessments of expected credit losses, assessments of market risk and statements of the ability to achieve financial and other goals. These forward-looking statements are subject to significant uncertainties because they are based upon or affected by management's estimates and projections of future interest rates, market behavior, other economic conditions, future laws and regulations and a variety of other matters, including the impact of the COVID-19 pandemic, which by their very nature are subject to significant uncertainties. Because of these uncertainties, Sandy Spring Bancorp's actual future results may differ materially from those indicated. In addition, the company's past results of operations, do not necessarily indicate its future results.

Daniel Schrider

Thank you, Aaron. We are pleased to be on the line with you today to discuss our second quarter performance. This morning, we announced another solid quarter. But as we call it out in our press release, our loan growth continues to be a significant success story. And quarter after quarter, our loan growth signifies a reputation in the market as a premier bank for businesses of all sizes. We're reaping the benefits of our prior acquisitions, and growing our presence in this highly competitive and desirable market.