Peoples Bancorp Inc. (NASDAQ:PEBO) Q1 2023 Earnings Conference Call April 25, 2023 11:00 AM ET

Company Participants

Chuck Sulerzyski - President, Chief Executive Officer

Katie Bailey - Chief Financial Officer, Treasurer

Conference Call Participants

Brendan Nosal - Piper Sandler

Daniel Tamayo - Raymond James

Brandon Rud - Stephens

Manuel Navas - D.A. Davidson

Operator

Good morning, and welcome to the Peoples Bancorp Inc. Conference Call. My name is Kate, and I will be your conference facilitator. Today's call will cover a discussion of the results of operations for the quarterly period ended March 31, 2023.

Please be advised that all lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question-and-answer period. [Operator Instructions]. This call is also being recorded. If you object to the recording, please disconnect at this time.

Please be advised that the commentary in this call will contain projections or other forward-looking statements regarding Peoples' future financial performance or future events. These statements are based on management's current expectations. The statements in this call, which are not historical facts, are forward-looking statements and involve a number of risks and uncertainties detailed in Peoples' Securities and Exchange Commission filings.

Management believes the forward-looking statements made during this call are based on reasonable assumptions within the bounds of their knowledge of Peoples' business and operations. However, it is possible actual results may differ materially from these forward-looking statements. Peoples’ disclaims any responsibility to update these forward-looking statements after this call, except as may be required by applicable legal requirements.

Peoples' first quarter 2023 earnings release was issued this morning and is available at Peoplesbancorp.com under Investor Relations. A reconciliation of the non-Generally Accepted Accounting Principles or GAAP financial measures discussed during this call to the most directly comparable GAAP financial measures is included at the end of the earnings release.

This call will include about 20 to 25 minutes of prepared commentary, followed by a question-and-answer period, which I will facilitate. An archived webcast of this call will be available on Peoplesbancorp.com in the Investor Relations section for one year.

Participants in today's call will be Chuck Sulerzyski, President and Chief Executive Officer; and Katie Bailey, Chief Financial Officer and Treasurer, and each will be available for questions following opening statements.

Mr. Sulerzyski, you may begin your conference.

Chuck Sulerzyski

Thank you, Kate. Good morning and thank you for joining our call today. Based on our diversified business model and strong core deposit franchise, we are pleased to report strong quarterly earnings.