Q3 2019 Bridge Bancorp Inc Earnings Call Transcript

Oct 25, 2019 / 02:00PM GMT
Operator

Good morning, and welcome to the Bridge Bancorp's Third Quarter 2019 Earnings Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Kevin O'Connor, President and CEO. Please go ahead.

Kevin M. O'Connor - Bridge Bancorp, Inc. - President, CEO & Director

Good morning, and welcome, everybody. Thank you for joining us on the third quarter earnings call. I know we're competing with a call relating to an acquisition so I appreciate you taking the time to join us. I'm certainly pleased to be able to provide an overview of our performance, discuss certain aspects of our business and give some context on the strategic challenges and the direction for BNB.

I'm also joined on our call by our CFO, John McCaffery, and together, we'll take your questions regarding results and general market conditions.

Let me start with some several positive financial highlights. Reported record net income of $13.9 million or an EPS of $0.70 a share. This translated into

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