Zions Bancorporation
Q1 2022 Earnings Call
Apr 25, 2022, 5:30 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Greetings. Welcome to the Zions Bancorporation Q1 earnings conference call. [Operator instructions]. Please note this conference is being recorded.
I will now turn the conference over to your host, James Abbott, director of investor relations. You may begin.
James Abbott -- Senior Vice President, Director of Investor Relations
Thank you, Kyle, and good evening. We welcome you to this conference call to discuss our 2022 first quarter earnings. I would like to remind you that during this call, we will be making forward-looking statements, although actual results may differ materially. We encourage you to review the disclaimer in the press release or the slide deck on Slide 2, dealing with forward-looking information and the presentation of non-GAAP measures, which apply equally to statements made during this call.
A copy of the earnings release as well as the slide deck are available at zionsbancorporation.com. For our agenda today, chairman and chief executive officer, Harris Simmons, will provide opening remarks, followed by comments from Scott McLean, our president and chief operating officer. Paul Burdiss, our chief financial officer, will conclude by providing additional detail on Zions' financial condition. With us also today is Keith Maio, our chief risk officer; and Michael Morris, our chief credit officer.
We intend to limit the length of this call to one hour. During the question-and-answer section of the call, we request that you limit your question to one primary and one follow-up question to enable other participants to ask questions. I will now turn the time over to Harris.
Harris Simmons -- Chairman and Chief Executive Officer
Thanks very much, James. We want to welcome all of you to our call. Beginning on Slide 3, we're showing some themes that are particularly applicable to Zions in recent quarters. and some that are likely to be extreme in the near-term horizon.
Loans exclusive of PPP loans increased $1.2 billion during the quarter, maintaining the momentum that developed in the prior quarter. We saw strong growth in C&I and municipal loans. Owner-occupied loans also saw good growth, in part due to promotional campaigns Overall, we're pleased with the loan growth in the first quarter and expect that moderate levels of loan growth will be sustainable through the remainder of the year. We've invested significantly in securities during the past two years.