Thank you, Nora. Good morning, everyone, and again, welcome to our third quarter earnings call. We did issue a press release this morning that just kind of went over our quarter and in a lot of detail. We do have a presentation that Shalene is going to go through to give a little more color on the quarter and kind of our operations, and then we'll open it up to Q&A afterwards. Cappy? All right. Thank you, Ty. We'll take a quick look at the balance sheet, then the income statement here, and as I talk through the details. Looking at the balance sheet, total assets ended the quarter at $3.2 billion. That remained pretty consistent from the linked quarter. We did show a small increase or an increase for the quarter in total assets of $24 million. For the year 2023, assets are down about $120 million. That's 3.7%. Money, CDs, which obviously has a higher costing deposit cost. On that same averages, balance, and yield table, our non-interest-bearing, or our DDA checking accounts, decreased $60 million, and then our money market accounts or our non-interest-bearing or non-maturing interest-bearing remained pretty steady. So both the DDA and the money market balance accounts were affected in part by a decrease in our public funds of $12 million for the quarter, which is typical for Q3 activity. Now, looking back at the cost of that interest-bearing deposit related to that time deposit activity I mentioned, the yield on interest-bearing accounts was 3.0% for the quarter, and that's compared to 2.41% for the linked quarter. A little more than what we had projected, but that's obviously affected by that shift in deposits and of course, higher fee rates. But, again, most, almost all of that increase came in that time deposit category. If you look at our total cost of deposits, including the DDA balances, for the quarter, it was 1.98%, which is up 45 basis points from linked quarter, when it was 1.53%. And one note you'll see on the earnings release when you look at the detail, the increase in costing liabilities is being somewhat offset by rising rates in our loan book, and other assets too. But looking at the loan yield, it increased 21 basis points from linked quarter and 85 basis points year-over-year. We have the relatively short average life in our loan portfolio, so we expect to see that quarterly increase in that category speed up in the coming quarters as interest rates continue to stay higher for longer, and we have the opportunity to reprice those loans in the coming quarters. So all that equates to our net interest margin being decreased about 17 basis points. From last quarter, it was 3.19%, and in Q3 this quarter it is 3.02%. I mentioned briefly our non-interest income. Our core non-interest income decreased about $250,000 from linked quarters. Core non-interest income, that's about 5%. That's, that's almost all of that is due to lower volume related to the gain on sale of loans, both in the secondary market and SBA activity. Expenses are detailed on the earnings release for you. They're very flat for the quarter, and that made our efficiency ratio increase, or all those components made our efficiency ratio increase to 72.5% for the quarter. So I'll turn it over to Shalene, and she has a few comments about the loan portfolio and, capital and liquidity. Yes, thank you, Cappy. As Cappy mentioned, loans are down about $16.7 million this quarter, primarily in our construction and development portfolios. Those projects that have been on our books for a while are moving to permanent financing or they're paying off. Overall lending has slowed down as we've tightened underwriting standards and borrower demand is lower as a result of higher interest rates. However, we did originate about $76 million in new loans during the quarter, with an average rate of 8.49%. So new loan yields are strong. Our non-performing assets continue to remain at historically low levels at 0.09% of total assets for the quarter, compared to 0.11% in the prior quarter. Charge-offs also remained low at $619,000, and we had a net charge-off to average loans ratio of 0.11%. Commercial real estate and office-related loans continue to be a hot topic, but we've managed our concentrations in those areas very well. We've got a diverse portfolio, and we really don't have any significant concerns in those areas right now. CRE represents about 38.9% of our total loan portfolio, and of that 38.9%, 4.7% is office-related CRE. But the average loan balance on that office CRE is $523,000. So it's primarily mom-and-pop office-type buildings instead of the larger commercial office developments. We did have an increase in substandard loans during the quarter of $21.4 million. However, total substandard loans still represent only 1.3% of the total loan portfolio. The increase results primarily from two loans, one that had a balance of, or has a balance of $14.5 million, and the other with a balance of $6.9 million. Both of those loans are currently performing. They both have low LTV, and at this time, we expect minimal to no losses as we work through the two credits. Overall, the quality of the portfolio really does remain strong. We do expect some potential challenges in the coming months, but we continue to believe that our borrowers and our overall credit metrics will continue to benefit from the good tailwinds that we have here in Texas, compared to some other geographic areas. Our quarter-end ACL coverage is 1.34% of total loans. We did not have a provision for credit losses during the third quarter. Our qualitative factor adjustments that we've made in previous quarters within our CECL model are still relevant today, and the decrease in our loan portfolio has allowed us to not need additional provisions this quarter. On to deposits. As Cappy mentioned, deposits grew every month during the quarter, and we ended the quarter with an increase of $55.5 million. With respect to overall deposit risk, Guaranty has a very granular and historically stable core deposit base. At quarter end, we had more than 87,000 deposit accounts, with an average account balance of only $30,482. Our uninsured deposits are also relatively low, excluding public funds and Guaranty-owned accounts. Uninsured deposits were 25% of total deposits at quarter end. Our loan-to-deposit ratio continues to improve as deposit balances increase and loan balances decrease. Our ratio was 87.2% in the third quarter, compared to 89.7% in the second quarter and, I'm sorry, 90.6% in the same quarter in 2022. Although it down some prior quarter, Cappy mentioned noninterest-bearing deposits still represent 34% of total deposits. We expect that ratio to continue to move down, towards our historical pre-pandemic average, which is more in the mid to high-20s. And as far as the deposit betas, they were high again in the third quarter, but we don't anticipate any more large increases in deposit rates for the remainder of this year. Some deposits will continue to reprice as CDs mature and renew into higher yielding and higher rate CDs, and some of the customers will continue to move from non-interest bearing to interest-bearing accounts. However, we really do expect deposit betas to be much lower in the fourth quarter. Liquidity is good. We ended the quarter with a liquidity ratio of 14%, and we used some of our cash flows from matured securities and loans to pay down Federal Home Loan Bank advances by about $20 million during the quarter. We also purchased some small amounts of mortgage-backed securities at higher yields during the quarter as well. We have contingent liquidity of about $1.5 billion available through either Federal Home Loan Bank advances, Federal Reserve Bank programs, and other correspondent Fed Funds lines and lines of credit. Our total net unrealized losses on investment securities remains reasonable at $65.3 million, of which $24.7 million is related to our AFS securities and included within our AOCI on the balance sheet. Capital is also strong. As Cappy mentioned, we used some of our excess capital in the third quarter to repurchase shares of Guaranty stock and add intrinsic value to our shareholders. We repurchased 61,688 shares at an average price of $27.38. Then finally, with respect to the declines I just mentioned in the fair value of investment securities, even if we had to liquidate the entire portfolio, which we certainly don't expect to do or anticipate doing, our total equity to average assets ratio will remain pretty good at 8.2%. Right now, it's 9.2%. That concludes our prepared remarks, so I will turn it back over to Nora for Q&A. Thank you, Shalene. It is time for our Q&A session. Our first question today will be from Tim Mitchell with Raymond James. Hey, everyone. Good morning. Thanks for taking my questions today. I appreciate the color there on NIM this quarter. Obviously, it's getting pretty close to that 3% level you've been talking about staying above through the cycle. But just kind of getting how things developed this quarter, could you talk about where you think NIM goes from here? I'll take that, Tim. Our modeling has projected out that we'll stay right at 3%. I think what'll affect that more than anything is the mix of the deposits. As I said, basically, all the increase came in the time deposits last quarter. We've got modeling that says that we can pretty well keep it near the 3%. We're confident that the pace of increase in rates is really going to slow down in Q4 from what we did in Q2 and Q3, for that matter. So we can control the deposit rate somewhat, what we don't control so much is the mix. So we'll see how that lays out. But our modeling has us right at near the 3%. Whether we go below it just a little bit, maybe, but, certainly not much. Awesome. And I guess next on the loan growth front, loans were down a little bit this quarter, which is kind of consistent with what you've been talking about previously, being comfortable with, you know, kind of letting the balance sheet shrink a little bit. I guess, does that remain true moving forward for the rest of the year? And then how do you think about loan growth going into 2024 if rates stay elevated for, for longer? Hey, Tim, it's Ty. I think loan growth in 2024 is going to be muted. I would say it would be low single digit at best, just with higher rates. I think economic activity is going to be slower, as we would all expect. So that's kind of how we're starting to kind of put together our modeling for 2024 and budget for 2024, but that's kind of how we're going to look next year. Awesome. And then just lastly for me, buybacks took a step back this quarter from second quarter levels. I was just curious if you could discuss the rationale behind the more muted activity and then how you think about repurchase activity moving forward? I mean, like we've said in the past, it's a capital priority for us when it hits the metrics on valuation. And we did not buy as much stock back this last quarter just because the price was, you know, stronger than it had been previous quarters during the year. But, if we see the opportunity to buy back stock at lower valuations, we certainly will. Perfect. Awesome. Well, thank you guys for taking my questions. I'll hop out now. Thank you. you. Thanks, Tim. Our next question today is from Graham Dick with Piper Sandler. Hey, everybody. Good morning. Morning, Graham. Morning, Graham. So I just, I kind of wanted to circle back to the NIM just quickly and just get some more color on a couple of things. So the loan yields, they're up 25, 26, 24, over 20 basis points over the last three quarters. And it sounds like you guys think that is a sustainable rate going forward. I just wanted to get confirmation on that. I mean, if you got $75 million of originations, you've had certainly a lot of renewals and repricings going on in the quarter, so just a ton of churn. Do you think that 20+ basis point improvement is kind of sustainable over the next couple of quarters? And if so, I mean, does that mean that, you know, the NIM is like you said, pretty close to a bottom, I guess, here? Oh, Graham, it's Ty. So yes, we think that that is sustainable. I mean, the reality is, the first half of the year, we were raising rates weekly. And so, but we haven't raised rates in the last few weeks, and just the velocity of increase, we've been playing catch up on repricing the balance sheet. But as rates, you know, we're anticipating rates to stay level. If rates stay do stay level from here, and we're not having to raise rates, then we're repricing the asset side of the balance sheet pretty fast. And we continue to have a pretty short duration loan portfolio. So at that rate, which we think is pretty consistent and will be consistent going forward, we will catch up on our on NIM pretty quickly. We're being conservative and not projecting that, because who knows what lies in front of us. But, we do think, we do have less of the headwinds related to our managed margin for sure going forward. Okay, that's helpful. And then just specifically on the time deposit piece, can you talk about what your appetite is for that kind of funding going forward, and also what the cost of those new time deposits were this quarter, and maybe how you'd like to manage the loan-to-deposit ratio from here? Obviously, if loan growth is going to be muted, maybe you don't need a bunch of, you know, a bunch more time deposits, I guess. I'm just wondering how you guys are thinking about that and how it might play into your funding strategy over the next, you know, several months. Yeah, we're in the middle of the road as far as our rates on time deposits. And our marginal cost of time deposit right now is around 5%, I believe, 5.10% maybe. And that, I mean, that fix, as Cappy and Shalene talked about, has a lot to do with the fact that, you know, our customers are moving money out of transaction accounts into time deposits, which makes sense because of your yield now. So we're seeing some of that, and that definitely has slowed, but we're continuing to see some of that migration of our deposits. As far as our goal of loan-to-deposit ratio has always been around 90% bogey as far as the max, and we're comfortable below that. My guess is maybe we'll be in the mid-80s during the year. We continue, as part of our model, to focus on retail banking, core deposits. That's, you know, what we did two years ago, three years ago, and what we're doing today. So as we continue to build core deposits and the loan side is more muted, then we're going to probably lower our loan deposit ratio throughout the year, which we're comfortable with, because that gives us plenty of funding as it turns to start lending more aggressively as things turn around. We are adding duration to the loan port- I mean, to the bond portfolio, each month in small increments, but we think now is a good time to add some duration. So we're taking $5 million-$7 million or so of cash flow and adding a little duration to the bond portfolio and have really all year long. Okay, that's really helpful. And I totally understand the pull forward of growth here for, you know, what could be a pretty strong economy in Texas over the next, you know, the long term. I guess lastly on the NIM would be just how you guys are thinking about, I guess, your non-interest deposit levels. I know Shalene said mid to high 20s. How are you modeling that? Like, what's the cadence of that drawdown from here? It's at 34% today. I mean, are we talking 30% by the beginning of 2024, or what's it look like on your event? I think, I think 30%, Graham, is really what we're modeling. I think it could go to high 20s, probably, possibly, but, 30% is what we're modeling. Okay, great. Got it. Thank you, guys. That's all for me today. Thanks, Graham. Our next question will be from Brady Gailey with KBW. Brady, can you unmute? Yes, good morning, guys. Good morning, Brady. So I know in the past, we've talked about expenses for this year being around that $82 million-$83 million mark, but it looks like, you know, we've already seen the first three quarters, so there's only one quarter left. It looks like y'all could do a little better than that. Maybe just talk about expenses in 4Q. And then longer term, I think you talked about expenses being around 2.5%. Is that still the right way to think about it as we head into 2024? Hey, that's, that's still our yield sign and something we pay attention to is that 2.5% of asset level. I still think we're gonna be in that, you know, $82 million range, $81 million-$82 million range, with that's right at the 2%, 2.5%, maybe a little bit over. But we pay attention to that number, and that's, that's our, that's our marker that we want to stay within. Okay. And then, you know, another quarter of a zero provision. I know credit is still pretty clean here, but how do you think about that in a provision line as we head to next year? I mean, credit, I know you had a couple of CRE loans go into substandard, but that, you know, it's still a relatively low level. So how do you think about credit and the provision into next year? Brady, it's we're starting to work on that for 2024. I mean, we're gonna, we're gonna project out some conservative things for credit. We don't see any concerns at this point, but just the lack of clarity is gonna have us project some, you know, moderate level of provision for 2024. Which we will not, we're not projecting a lot of net growth, so any kind of addition we make would be additional reserves just to shore up the portfolio. But at this point, we don't have an exact number, but it's gonna be, it's gonna be, we're, we'll project enough to where we're comfortable that we can more than cover any anticipated downturn if we see one. All right. And then, and then finally, for me, if you look in the first half of the year, deposits were down a little bit, but you grew deposits 8% linked quarter annualized in 3Q, which was great to see. Looks like a lot of that growth came from, you know, core deposits. So maybe just talk about, you know, how, how you're thinking about deposit growth going forward. Well, again, I mean, that's a big part of our model and core competency is retail banking and core deposits. And that's, we are very likely gonna name a chief retail and deposit officer in the coming year to refocus our efforts in that area corporately, because it's just a big part of our model. We're, I would say we're probably gonna project low single-digit growth in deposits just because of the deposit pressures that are out there. But we plan to. I mean, that's a big part of how we look at franchise value in the bank, and we'll continue to. Okay, great. Thanks for the color, guys. Thanks, Brady. Our next question is from Matt Olney with Stephens. Hey, thanks. Good morning. Good morning, Matt. Going back to the market outlook, I think you said around 3% in the near term. But I guess if we move forward a couple of quarters, and assuming there's a Fed pause from here, any color on how you see that margin performing into 2024? Is that just gonna flatten out? Or given those loan repricing dynamics on a shorter portfolio, do you think you can recapture some of that pressure you experienced this year into next year? Matt, let me speak to that. I mean, like I said, we're projecting, you know, conservative NIM going forward just because of the unknowns. But I would say that we have more of a tailwind than a headwind with net interest margin because of the repricing of our, the asset side of our balance sheet. So, I would anticipate that we can expand our margin very likely in 2024. We're just hesitant to come out and say that directly because, you know, just everything we've seen in the last year, with the movement in rates and the migration of deposits within all banks' balance sheets. So, we certainly don't see it losing a lot of significant margin from here. We very likely can actually expand it, but we're just trying to be conservative in how we're projecting it, given the unknowns at this point. Okay, thanks for that, Ty. And then, on the loan side, I think Shalene mentioned that the contraction of loan balances on it was on the construction side. As those loans move out of construction phase, any more color on, are those being refinanced within the bank or into other banks or with other investors? Any kind of general commentary you have on those construction loans when they reach the end of that construction phase? It would be a mix of both. Some of them are going on mini-perm within the bank, some of them are exiting bank, depending on, you know, the project plans when we went into the construction piece of it. So I think it would be a mix of both. Okay, thanks for that. And then I guess there were a few credits that were called out in the press release on the borrowers, the downgrades. I guess specifically the loan that's in Austin. Appreciate all the color you guys gave us there. Well, any color on what type of CRE loan this is? And it sounds like you expect some resolution in the near term. Just any color on the appraisal process or kind of why you expect resolution there, I think, before the end of the year? Yeah, it's part of a bigger group, and they have multiple properties. This property self-cash flows, so it actually cash flows itself. The project cash flows with the debt we have. But we're just working through a bigger group of loans that this group has that are not in our bank. This is the only credit we have. But ours is one we think will be resolved pretty quickly as part of overall resolution of this company. And we're very comfortable with it, where it's located, the type of property is, cash flow. We just felt like given everything going on with the borrower, it made sense to downgrade it. Okay. And then I guess more broadly, just the loan portfolio, I think this one was in the Austin market. Any color on just how much exposure the bank has in that Austin market, just overall at this point? I mean, not at this point, we don't, we don't see any real loss exposure. I mean, I think, you know, like I said before, with rates moving up where they've moved, you're gonna see one-off credits, you know, bubble up to the surface and have some weakness in all portfolios. I think the key is to make sure that you have capacity to handle those, which we, we keep our decks pretty clear as far as problem assets, and to, and to proactively work on those credits. We've been aggressive in moving credits out of the bank if we felt like it was either weak or we felt like it would turn, you know, it could become a weak credit in a different rate environment or economic environment. Our goal is to, as we identify credits, work those, get them shored up or get them moved out of the bank and kind of position ourselves where we are able to handle others that, if we do see other credits that surface, in the environment we're gonna see going forward with higher rates and potentially slower economic activity. Okay. Okay, thanks for all the color, guys. Thank you, Matt. Thank you for your questions. I would like to remind everyone the recording of this call will be available by 1 P.M. today on our investor relations page at gnty.com. Thank you for attending. This concludes our call.