Operator

Hello, and welcome to the Alerus Financial Corporation Annual Meeting of Stockholders. Please note that this meeting is being recorded. [Operator Instructions] The meeting is about to begin.

Daniel Coughlin
Executive Chairman

Good afternoon, ladies and gentlemen. Welcome to the 2026 Virtual Annual Meeting of Alerus Financial Corporation. I'm Dan Coughlin, Chairman of the Board of the company, and it is my pleasure to serve as Chairman of this meeting.

Before we move to the business at hand, there are a few housekeeping items I will address related to today's virtual meeting. If you have not yet voted and wish to vote, or if you wish to revoke a previously submitted proxy, you may do so by clicking the Vote My Shares tab at the top right of your screen. To vote your shares, you will need the control number provided on your proxy card. Logging in with your control number will also allow you to submit questions.

We have reserved time later in the meeting to address any questions related solely to today's agenda. Should you wish to submit a question during the meeting, please click on the question box to the right of your screen. Type your question into the text box, then click the submit button. Please note that in the interest of all stockholders, we will only address those questions that are related to the matters that are being voted on at this annual meeting. We will also limit each stockholder to 2 relevant questions to ensure time for all stockholders to ask questions. We appreciate your understanding. For any general business questions about the company, please refer to the information available on our Investor Relations website, which