Good morning, and welcome to the Lakeland Bancorp, Inc. Q3 earnings conference call. My name is Megan, and I'll be coordinating today's call. You will have the opportunity to ask a question at the end of the presentation. If you would like to register a question, please press star followed by one on your telephone keypad. Please note this event is being recorded. I will now like to turn the conference over to Mary Russell, Assistant Controller and Director of Financial Reporting. Please go ahead, ma'am. Thank you, Megan. Good morning, ladies and gentlemen, and thank you for joining us for our Q3 earnings call. Today's presenters are President and CEO, Thomas J. Shara, and Executive Vice President and Chief Financial Officer, Thomas F. Splaine. Before beginning the review of our financial results, we ask that you please take note of our standard caution as to any forward-looking statements that may be made during the course of today's call. Our full disclaimer is contained in this morning's earnings release, which has been posted to the investor relations page on our website, lakelandbank.com. Now it is my pleasure to introduce Thomas J. Shara, who will offer his perspective on our Q3. Thank you, Mary. Good morning, everyone, and welcome to our Q3 earnings call. I'll start the call off with a high level summary for the quarter, followed by Thomas F. Splaine, our CFO, who will walk you through our earnings in detail. First off, I'd like to acknowledge our recently announced merger with Provident Financial Services and inform everyone that we will have more information to share with you shortly when we file our joint proxy prospectus with the Securities and Exchange Commission and our regulatory application in connection with the merger. Our financial results for the quarter were solid as we continue to successfully organically grow both loan and deposit portfolios, which were both up over 2% compared to the prior quarter, as well as continuing to maintain pristine asset quality. For the Q3, we posted net income of $28.7 million with $0.44 a share, which is in line with the prior quarter net income and represents an ROA of 1.10%, ROE of 10.33%, and an ROTCE of 13.87%. Excluding merger related expenses of $3.5 million this quarter, pre-tax, our net income for Q3 would have been $31.3 million or $0.48 a share, resulting in an ROA, ROE, and ROTCE of 1.21%, 11.36%, and 15.25% respectively. Q3 net interest income was consistent with prior quarter as improvements in interest income related to higher rates in our organic loan growth during the quarter, which totaled $160 million, representing a 9% annualized growth rate, was offset by a similar increase in interest expense on deposit pricing to fund expected balance sheet growth at advantageous pricing. The loan growth for the quarter was across the majority of loan categories, including commercial and the consumer portfolios. Commercial closings for the quarter were strong, but below Q2, which was a record quarter. The pipeline going into the Q4 is very strong and we expect solid loan growth in the Q4, which has traditionally been our strongest. We anticipate organic loan growth will meet prior guidance of high single digits% for the full year. Under the deposit side, total deposits increased $176 million, or 2% for the quarter, as we undertook an initiative to lock in longer-term certificates of deposit early in the Q3 in anticipation of continued interest rate increases in market interest rates during the remainder of the year. Noninterest-bearing deposits decreased slightly during the quarter and totaled 26% of total deposits, while core deposits now make up 88% of total deposits. On the credit side, asset quality remained excellent. Nonperforming loans at 9/30 were only $18 million versus $22 million at 6/30. For the quarter, we released a small net recovery. Nonperforming assets to assets decreased this quarter to 17 basis points, while the allowance remained relatively stable at $69 million or 91 basis points of loans versus 93 basis points at 6/30. Reserve coverage for non-performing assets at the quarter end totaled 375%. As it relates to the economy and our footprint, our commercial customers are generally weathering rapidly increasing inflation and thus far have maintained their margins and profitability. With rates rising as quickly as they have over the last few quarters, we are staying in close contact with our customers to ensure they're able to withstand higher operating costs along with higher interest rates. As you can see from our non-performing and delinquency trends, so far we are not seeing any cracks. That concludes my prepared remarks. Now I'd like to turn the balance of the presentation over to Tom. Once he's concluded with his comments, we're happy to answer your questions. Tom, take it away. Thank you, Tom, and good morning, everyone. Lakeland's Q3 net income was $28.8 million, or $0.44 per diluted share, compared to the Q2 of 2022 of $29 million or $0.44 per diluted share, and the Q3 of 2021 of $22 million and $0.43 per diluted share. The current quarter includes $3.5 million in pre-tax merger-related expenses, which if excluded, would increase net income to $31.3 million or $0.48 per diluted share. Q3 financial results were favorably impacted by organic loan growth of $160 million, deployment of investment portfolio cash flows into higher yielding assets, and the increase in interest rates, all combining to increase yield on our interest-earning assets by 29 basis points for the quarter. Offsetting these items, we increased deposit rates due to the competitive environment, and we embarked on a deposit acquisition strategy in early Q3 to secure longer-term certificates of deposit in anticipation of the ongoing increases in market interest rates during the remainder of 2022 and into 2023. These items increased our yield on interest-bearing liabilities 54 basis points. As a result, reported net interest margin for Q3 increased 10 basis points to 3.28% compared to the linked quarter of 3.38% and an increase from prior year quarter of 2.98%. Comparing Q3 net interest margin versus the prior quarter, in Q2, we experienced interest recoveries on non-accrual loans and higher loan prepayment fees, which had a combined positive impact of 10 basis points on Q2's net interest margin. Excluding these items results in a flat net interest margin of 3.28% quarter over quarter, even factoring in the higher deposit pricing during Q3. Compared to the prior quarter, the yield on loans increased 21 basis points to 4.43%, while the yield on investment securities increased 27 basis points to 2.12%. Deposit rates increased due to competitive pressures and the CD initiative and other products that are indexed to the Fed funds rate. The cost of deposits increased to 62 basis points compared to 22 basis points for the prior quarter. Our Q3 provision for credit losses was an expense of $1.3 million, which primarily related to credit losses on investments as a result of the decrease in the market value of corporate securities based upon interest rates and not based upon any credit downgrades of the securities. Regarding asset quality, as Tom mentioned, non-performing assets decreased 4 basis points during the quarter to 17 basis points and credit remains strong. Our Q3 net charge-offs were a recovery of $32 thousand and would represent the fifth consecutive quarter of net recoveries, excluding the accounting for the 1st Constitution acquisition for purchased credit- deteriorated loans back in Q1 of this year. As of September 30, the allowance for credit losses on loans represented 91 basis points of total loans, compared with 93 basis points in the trailing quarter. Q3 non-interest income remained steady at $7.2 million as improvements in loan swap fees and the benefit of bank-owned life insurance were offset by continued softness in the gain on sale of residential mortgage loans and SBA loans. Q3 non-interest expenses of $47.8 million included $3.5 million in merger-related expenses, absent which these expenses would have decreased $750 thousand from the linked quarter. Our efficiency ratio decreased to 49.8% compared to the prior quarter of 50.7%. Our Q3 effective tax rate increased slightly to 25% as compared to the trailing quarter. On the balance sheet, in comparison to the prior quarter, total assets increased $141 million or 1.4%, with the loan portfolio increasing $160.2 million or 2.2%, while investment securities decreased $77 million as cash flows were used to fund the loan growth. Deposit balances increased $176 million or 2.1% from quarter, primarily due to our longer-term certificate of deposit strategy discussed earlier, while borrowings decreased $74 million. Our September 30th loan-to-deposit ratio was 87%, consistent with the prior quarter and gives us ample liquidity to fund future loan growth. For capital management, our capital levels remain strong and tangible capital ratio decreased to 7.83% compared to 8.01% at June 30 as asset growth, cash dividends, and other comprehensive income changes offset earnings retention for the quarter. Due to the potential impact of interest rate changes causing additional mark-to-market adjustments on our available for sale investment securities portfolio, as well as the continued strong loan growth in our loan portfolio, we did not repurchase any common stock in Q3 under our existing authorized share repurchase program. All of our capital ratio percentages are consistent with the prior quarter, and we remain well capitalized. Regarding our outlook for the remainder of 2022, we believe that we are well positioned for rising interest rates. Our projected interest rate risk position is neutral, and we become more asset sensitive in future periods. Deposit pricing increases and the certificate of deposit strategy we implemented in Q3 was designed to pre-fund our expected balance sheet growth with significantly lower cost of funding than is currently available via Federal Home Loan Bank borrowings and broker deposit markets. We do not anticipate increasing deposit pricing in Q4, which will decrease the deposit beta cycle to date. As a result, we anticipate Q4 net interest margin will expand into the mid-3.3s range. As Tom discussed earlier, we expect loan portfolio to organically grow in the high single digits% in 2022, and that asset quality will remain high. Non-interest expenses for 2022, excluding merger-related costs, are forecasted in the low $180 million range. Income tax expense for 2022 is forecasted to be approximately 25% for the year. That concludes our prepared remarks, and we'd be happy to address any questions. With that, Megan, can you open up the question period for us, please? Absolutely. If you would like to ask a question, please press star followed by one on your telephone keypad. If for any reason you would like to remove that question, please press star followed by two. Again, to ask a question, press star one. As a reminder, if you're using a speakerphone, please remember to pick up your handset before asking your question. We will pause here briefly as questions are registered. Our first question comes from Christopher O'Connell with KBW. Our line is now open. Morning. I was hoping you could talk a little bit about a little bit more about the deposit strategy, maybe, you know, where the CDs are coming on at, and you know, how much of that is going to, you know, flow into the Q4 here just on an average balance basis. You know, where you see, you know, the deposit costs going, in terms of, you know, I know you said that they'll be flat in terms of, you know, no new raises. How much of, you know, the raises in the Q3 will kind of flow into them? Right. Yeah, Chris, on the strategy, we forecasted interest rates continue to rise based upon the Federal Reserve's intention, and we just wanted to get out in front of it. We secured approximately $300 million in one-two year CDs at an average rate in the 2.40%-2.50% range. Comparable borrowings right now from the Federal Home Loan Bank are in the neighborhood of 5%. We think that we secured some nice funding in advance, which had some downward pressure on NIM in Q3, but should benefit us as we go forward now. I think that answers your question, but let me know if I didn't do it fully. Yeah, absolutely. That helps. As far as, you know, the true funding goes, I mean, cash balances didn't move that much. I guess, you know, when thinking about the future loan growth and you know, these deposits going forward, is it going to be kind of new deposit growth or, you know, future borrowings or kind of run off of the securities portfolio that's going to be flowing into loans on a go-forward basis? Yeah, that's right, Chris. When you look at the overall balance sheet, you know we have about $75 million in cash flow coming out of the investment securities portfolio as well as all the cash flow, the lower yielding loans coming off the loan portfolio, and that's being turned back into more loans going forward. That's what we see right now. We have ample. We can do some more deposit taking if we want on a go-forward basis, depending on where we're at with additional, you know, loan growth above our projections. I think we're in a good place from a liquidity standpoint that we can take care of what we need to do. We fully leverage the cash position, as you mentioned, in the beginning of the year. We're not sitting on excess liquidity right now, but we have plenty of capacity to borrow and move if we need to. Got it. Over the next, you know, couple of quarters or so, as you guys take on loan growth, is it fair to say that, you know, the securities portfolio might drift down a bit? Yeah, that's the intention. If historically we operated with securities to total assets approximately, you know, around that 15, 12%-15% range. Right now, they're still up around 20% of total assets, and we'd like to deploy those cash flows into higher yielding loans and increase profitability on a go-forward basis. Got it. On the loan portfolio growth, you know, you guys are getting good growth this quarter. It sounds like the pipeline going into the back end of the year is pretty strong. Maybe just a little bit of, you know, color around, you know, where you're seeing demand and kind of where you're being cautious at this point in the cycle. Yeah, that'd be great. Chris, we're seeing growth, heavy growth in the healthcare. Space, which we said last quarter, they're continuing to make some pretty good traction there. The Hudson Valley market continues to grow nicely. The Toms River, Ocean County market is growing nicely. It's coming pretty much across the board, but healthcare is clearly leading the way. You know, we continue to avoid suburban office. You know, that's been years that we've been doing that. Multifamily still remains strong. Retail still remains strong. Industrial warehouse space has just continued to be on fire. Those are the areas we're focusing our activities, but being very cautious on hospitality and suburban office. Got it. Where is the pipeline, compared to last quarter? It is up about 10% from last quarter. Okay, great. Last one from me, on the buyback, you know, being paused here, is it safe to say that will continue to stay paused, with the upcoming? Yeah, Chris, basically based upon the balance sheet, what we're doing right now, I think we're gonna keep it paused as well as because of the merger acquisition with Provident Financial Services. Ron, we're gonna be on the sidelines for Q4. Great. Thanks for taking my questions. Thanks, Chris. Thanks, Chris. Thank you, Mr. O'Connell. There are currently no questions registered, so as a reminder, it is star one on your telephone keypad. There are no additional questions waiting at this time, so I will pass the conference back over to Tom Shara for any additional remarks. Thank you, Megan. Thanks everybody for joining us today. If you do have any questions for Tom and I, we are available pretty much all day today, so please give us a call. Thanks very much and have a great day, everybody. Thank you. Thank you.