CrossFirst Bankshares, Inc (NASDAQ:CFB) Q3 2019 Earnings Conference Call - Final Transcript
Oct 21, 2019 • 05:00 pm ET
Ladies and gentlemen, thank you for standing by, and welcome to the CrossFirst Q3 2019 Earnings Call. [Operator Instructions] After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Director of Investor Relations, Matt Needham. Thank you. Please go ahead, sir.
Welcome and thank you for joining us today, on our first quarterly earnings call as a publicly traded company. On the call today are George Jones, President and CEO of CrossFirst Bankshares; Dave O'Toole, Chief Financial Officer of CrossFirst Bankshares; and Mike Maddox, President and CEO of CrossFirst Bank.
As a reminder, a telephonic replay of this call and our earnings release, will be available on our website for an extended period of time. Before we begin, let me remind everyone on this call may contain certain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We caution investors that actual results may differ materially from the expectations indicated or implied in our forward-looking information. We provide a comprehensive list of risk factors in our SEC filings, which I highly encourage you to review. Any forward-looking statements speak only as of today, and we undertake no obligation to update them, except as required by applicable securities laws.
Reconciliations of non-GAAP financial measures to the nearest comparable GAAP measures have been included in the release, and all earnings per share metrics discussed today are provided on a diluted earnings per share basis.
I'd now like to turn the call over to George Jones.
George F. Jones
Thank you, Matt, and good afternoon everyone. I'd like to start by thanking everyone for their time this afternoon, while we discuss our third quarter results. I'll take just a moment, before we do that, and tell you that in Dallas, we had a pretty significant tornado last night, and a lot of North Dallas was affected and a lot of damage.
Fortunately, as far as we can tell, there was no injuries and no deaths. But there was some fairly severe damage in terms of structure. Fortunately, we were quite a -- our location was quite a long way from that and we had absolutely no damage or no effect here at CrossFirst Bank in Dallas. And we will pray for the people that had a lot of damage in North Dallas. Thanks a lot.
Again, we were excited to have such strong shareholders investing in our Company, despite the difficult market conditions, we experienced during the initial public offering. I'm going to start this afternoon by covering a few key highlights for the quarter, then Dave will provide additional detail on our financial results, and Mike will then go into more depth regarding our loan portfolio and credit to wrap up our prepared remarks, prior to our Q&A session.
As you've seen in our earnings release, our teams produced record results for the third quarter of 2019, and we are on track for