Mercantile Bank Corporation (NASDAQ:MBWM) Q1 2022 Earnings Conference Call April 19, 2022 10:00 AM ET
Company Participants
Kate Croft - Lambert, Investor Relations
Robert Kaminski - President and Chief Executive Officer
Charles Christmas - Executive Vice President and Chief Financial Officer
Ray Reitsma - Chief Operating Officer and President of the Bank
Conference Call Participants
Brendan Nosal - Piper Sandler
Daniel Tamayo - Raymond James
Damon DelMonte - KBW
Bryce Rowe - Hovde Group
John Rodis - Janney Montgomery Scott
Operator
Good morning and welcome to the Mercantile Bank Corporation First Quarter [2022] [sic] Earning Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Kate Croft, Lambert Investor Relations. Please go ahead.
Kate Croft
Good morning, everyone and thank you for joining Mercantile Bank Corporation's conference call and webcast to discuss the company's financial results for the first quarter of 2022. Joining me today are members of Mercantile's management team, including Bob Kaminski, President and Chief Executive Officer; Chuck Christmas, Executive Vice President and Chief Financial Officer; and Ray Reitsma, Chief Operating Officer and President of the Bank. We will begin the call with management's prepared remarks and presentation to review the quarter's results, then open the call up for questions.
Before turning the call over to management, it is my responsibility to inform you that this call may involve certain forward-looking statements such as projections of revenue, earnings and capital structure, as well as statements on the plans and objectives of the company's business. The company's actual results could differ materially from any forward-looking statements made today due to the factors described in the company's latest Securities and Exchange Commission filings. The company assumes no obligation to update any forward-looking statements made during the call. If anyone does not already have a copy of the first quarter 2022 press release and presentation deck issued by Mercantile today, you can access it at the company's Web site, www.mercbank.com.
At this time, I would like to turn the call over to Mercantile's President and Chief Executive Officer, Bob Kaminski.
Robert Kaminski
Thank you, Kate, and good morning, everyone. On the call this morning, we will provide you with detailed information on the company's performance in the first quarter as well as updates on the current operating environment. We are pleased to begin the year with a solid first quarter performance, highlighted by an operating profit, prudent expense management, continued growth in core commercial loans contributing to a higher net interest income, and pristine asset quality. The dedicated efforts of our team in tandem with the strong foundation we have built are the keys to our continued success.