Operator

Thank you for standing by. At this time, I would like to welcome everyone to the Eagle Financial Services First Quarter Earnings Call. [Operator Instructions] I would now like to turn the call over to Nicholas Smith, Deputy CFO. You may begin.

Nicholas Smith

Good morning, and thank you for joining us for our first quarter earnings conference call. Before we begin, please note that the information provided during this call contains forward-looking statements. Actual results may differ materially from those statements. Please refer to our most recent Form 10-K, our Q1 earnings release, and other filings with the SEC for a detailed discussion of risk factors.

We do not assume any obligation to update any forward-looking statements as a result of new information, except as required by law. Also during the call, we will discuss certain non-GAAP financial measures in reference to the company's performance. You can see our reconciliation of these measures and GAAP financial measures in the appendix to our presentation, which can be found on our Investor Relations website.

With us today are our CEO, Brandon Lorey; our CFO, Kate Chappell, and our Chief Banking Officer, Joseph Zmitrovich. I will now turn the call over to Brandon.

Brandon Lorey
President, CEO & Director

Thank you, Nick, and good morning, everyone. Our first quarter results reflect continued progress executing against our long-term strategy even as we navigate a more normalized growth environment following the liquidity events that we discussed throughout 2025. For the quarter, we reported net income of $3.7 million or $0.69 per diluted share. While earnings declined modestly