Central Pacific Financial Corp. (NYSE:CPF) Q1 2022 Earnings Conference Call April 20, 2022 1:00 PM ET

Company Participants

David Morimoto - Executive Vice President & Chief Financial Officer

Paul Yonamine - Chairman and Chief Executive Officer

Catherine Ngo - President

Arnold Martines - Executive Vice President & Chief Banking Officer

Anna Hu - Executive Vice President and Chief Credit Officer.

Conference Call Participants

David Feaster - Raymond James

Andrew Liesch - Piper Sandler

Laurie Hunsicker - Compass Point

Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide.

Operator

00:02 Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Central Pacific Financial Corp First Quarter 2022 Conference Call. During today’s prestation all parties will be in listen-only mode. Following the presentation the conference will be opened for questions. This call is being recorded and will be available for replay shortly after its completion on the company's website at www.cpb.bank.

00:31 I'd like to turn the call over to Mr. David Morimoto, Executive Vice President, Chief Financial Officer. Please go ahead.

David Morimoto

00:41 Thank you, Lydia. And thank you all for joining us as we review the financial results of the first quarter of 2022 for Central Pacific Financial Corp. With me this morning are Paul Yonamine, Chairman and Chief Executive Officer; Catherine Ngo, Executive Vice Chairman; Arnold Martines, President and Chief Operating Officer; and Anna Hu, Executive Vice President and Chief Credit Officer.

01:11 We have prepared a supplemental slide presentation that provides additional details on our release and is available in the Investor Relations section of our website at cpf.bank. During the course of today's call, management may make forward-looking statements, while we believe these statements are based on reasonable assumptions that involve risks that may cause actual results to differ materially from those projected. For a complete discussion of the risks related to our forward-looking statements, please refer to Slide two of our presentation.

01:45 And now, I'll turn the call over to our Chairman and CEO, Paul Yonamine.

Paul Yonamine

01:50 Thank you, David, and good morning everyone. As always, we appreciate your interest in Central Pacific Financial Corp. We are pleased today to share our strong first quarter financial results, as well as provide updates on our market and our digital transformation strategy.