Operator

Good morning, and welcome to the Alerus Financial Corporation Earnings Conference Call. [Operator Instructions] Today's call will reference slides that can be found on Alerus' Investor Relations website. You can also view the presentation slides directly within the webcast platform. [Operator Instructions] Please note, this event is being recorded.

This call may contain forward-looking statements, and the company's actual results may differ materially from those indicated in any forward-looking statements. Important factors that could cause actual results to differ materially from those indicated in the forward-looking statements are listed in the earnings release and company's SEC filings.

I would now like to turn the conference over to Alerus Financial Corporation's President and CEO, Katie Lorenson. Please go ahead.

Katie Lorenson
President, CEO & Member of Board of Directors

Thank you, and good morning, everyone. I appreciate you joining us today. With me today are Alerus' CFO, Alan Villalon; our Chief Operating Officer, Karin Taylor; our Chief Banking and Revenue Officer, Jim Collins; and Alerus' Chief Retirement Services Officer, Forrest Wilson.

We delivered a strong first quarter to begin 2026 and more importantly, one that demonstrates the progress we've made repositioning Alerus for higher quality, more durable performance. For the quarter, we reported net income of $23