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CapitalSource's CEO Discusses Q1 2011 Results - Earnings Call Transcript

CapitalSource (CSE)

Q1 2011 Earnings Call

April 29, 2011 8:30 am ET


Donald Cole - Chief Financial Officer

Douglas Lowrey - Chief Executive Officer of CapitalSource Bank, President of CapitalSource Bank and Director of CapitalSource Bank

James Pieczynski - Co-Chief Executive Officer and Director

Steven Museles - Co-Chief Executive Officer and Director

John Delaney - Co-Founder, Executive Chairman and Member of Asset, Liability & Credit Policy Committee

Dennis Oakes - Senior Vice President of Investor Relations


Robert Napoli - Piper Jaffray Companies

Michael Taiano - Sandler O’Neill & Partners

Sameer Gokhale - Keefe, Bruyette, & Woods, Inc.

Donald Fandetti - Citigroup Inc

Moshe Orenbuch - Crédit Suisse AG

John Stilmar - SunTrust Robinson Humphrey, Inc.

Scott Valentin - FBR Capital Markets & Co.

Henry Coffey - Sterne Agee & Leach Inc.

Unknown Analyst -

Steven Alexopoulos - JP Morgan Chase & Co

John Hecht - JMP Securities LLC



Good morning, and welcome to the CapitalSource Incorporated First Quarter 2011 Earnings Conference Call and Webcast. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Dennis Oakes. Please go ahead.

Dennis Oakes

Thank you, Maureen. Good morning and thank you for joining the CapitalSource First Quarter 2011 Earnings Call. With me this morning are John Delaney, Executive Chairman; Co-Chief Executive Officers, Jim Pieczynski and Steve Museles; and Chief Financial Officer, Don Cole; and CapitalSource Bank President and CEO, Tad Lowrey.

This call is being webcast live on the company website and recording will be available later this morning. Our earnings press release and website provide details on accessing the archived call. We have also posted a presentation on our website which provides additional detail on certain topics, which will be referred to during our prepared remarks.

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