Earnings Call Transcripts

Note: Call starts abruptly and with technical difficulty. Kevin Riley: Thanks, [Lisa] . Good morning, and thanks again to all of you for joining us on our call today. Again, this quarter along with our earnings release, we have published an updated investor presentation that has some additional disclosures that we believe will be helpful. The presentation can be accessed on our investor website. And if you haven't downloaded a copy yet, I would encourage you to do so.   I'm going to start off today by providing an overview of the major highlights for the quarter. And then, I'll turn the call over to Marcy to provide more details on our financials.   We delivered another strong quarter as healthy economic conditions across our markets resulted in strong deposit inflows, a strong level of new loan production and further improvement in asset quality. Combined with our disciplined expense management, this produced a strong quarter of earnings with net income coming in at $51.2...

Peter Andrew: Thank you and good afternoon, everyone. Joining me today are David Goeckeler, Chief Executive Officer and Bob Eulau. Chief Financial Officer.   Before we begin, let me remind everyone that today's discussion contains forward-looking statements, including product portfolio expectations, business plans and performance, trends and financial outlook based on management's current assumptions and expectations. And as such, does include risks and uncertainties. We assume no obligation to update these statements. Please refer to our most recent financial report on Form 10-K filed with the SEC. For more information on the risks and uncertainties that could cause actual results to differ materially.   We will also make references to non-GAAP financial measures today. Reconciliations between the non-GAAP and comparable GAAP financial measures are included in the press release and other materials that are being posted in the investor relations section of our website...

Joe Calabrese: Thank you. Good afternoon, everyone, and thank you for joining us for the Old Republic conference call to discuss fourth quarter 2021 results. This morning, we distributed a copy of the press release and posted a separate statistical supplement which we assume you have seen and/or otherwise have access to during the call. Both of the documents are available at Old Republic's website, which is www.oldrepublic.com . Please be advised this call may involve forward-looking statements as discussed in the press release and statistical supplements dated January 27, 2022. Risks associated with these statements can be found in the company's latest SEC filings. This afternoon's conference call will be led by Craig Smiddy, President and CEO of Old Republic International Corporation, and several other senior executive members, as planned for this meeting.   At this time, I would like to turn the call over to Craig Smiddy. Please go ahead, sir.   Craig Smiddy: ...