Equity Bancshares, Inc. (NYSE:EQBK) Q1 2024 Earnings Conference Call April 17, 2024 10:00 AM ET
Company Participants
Brian Katzfey - Vice President, Director of Corporate Development & Investor Relations
Brad Elliott - Chairman & Chief Executive Officer
Chris Navratil - Chief Financial Officer
Krzysztof Slupkowski - Chief Credit Officer
Rick Sems - Bank President
Conference Call Participants
Terry McEvoy - Stephens Inc.
Brett Rabatin - Hovde Group
Andrew Liesch - Piper Sandler
Jeff Rulis - D.A. Davidson
Damon DelMonte - Stephens
Operator
Hello, and welcome to the Equity Bancshares Incorporated Q1 2024 Earnings Conference Call. My name is Harry, and I'll be coordinating your call today. [Operator Instructions]
I would now like to hand over to your host, Brian Katzfey, Vice President, Director of Corporate Development and Investor Relations at Equity to begin. Please go ahead.
Brian Katzfey
Good morning. Thank you for joining us today for Equity Bancshares' first quarter earnings call.
Before we begin, let me remind you that today's call is being recorded and is available via webcast at investor.equitybank.com along with our earnings release and presentation materials.
Today's presentation contains forward-looking statements which are subject to certain risks, uncertainties, and other factors that could cause actual results to differ materially from those discussed.
Following the presentation, we will allow time for questions and further discussion. Thank you all for joining us.
With that, I'd like to turn the call over to our Chairman and CEO, Brad Elliott.
Brad Elliott
Good morning, and thank you for joining Equity Bancshares' earnings call.
We're excited today to take you through our first quarter results, including record net interest income, strong overall earnings, and the completion of our merger with Rockhold Bancorp, just 67 days after a formal announcement.
Joining me today is Rick Sems, our Bank President; Chris Navratil, CFO; Krzysztof Slupkowski, our Chief Credit Officer.
We entered the year positioned to grow our balance sheet and revenue streams through both organic and acquisitive avenues. During the quarter, we executed on this positioning with the cash acquisition of Rockhold, as well as organic commercial loan growth. The Bank of Kirksville added more than $340 million in core deposits over eight locations in North Central Missouri. Our new team members in the market are excited to be a part of the Equity Bank franchise, and continue to provide excellent service to their communities. Our team remains focused on organic growth initiatives while completing the transaction.