First Niagara Financial Group Inc. (FNFG) Q2 2010 Earnings Conference Call July 22, 2010 11:00 am ET Executives John Koelmel - CEO Michael Harrington - CFO Kevin O'Bryan - CCO Analysts Bob Ramsey - FBR Capital Markets Brian Foran - Goldman Sachs Jason O'Donnell - Boenning & Scattergood Damon Delmonte - KBW Rick Weiss - Janney Montgomery Scott Collyn Gilbert - Stifel Nicolaus Mathew Kelley - Sterne, Agee PresentationOperator
Greetings and welcome to the First Niagara Financial Group Second Quarter 2010 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions). As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, John Koelmel, President and Chief Executive Officer from First Niagara Financial Group. Thank you Mr. Koelmel, you may begin. John Koelmel Thank you very much Christine and good morning everyone, welcome again. As usual, I'm joined by Mike Harrington, our CFO and Kevin O'Bryan, our Chief Credit Officer. Second quarter for us, another very solid performance and outcome on that from our standpoint was at least in line with our expectations. All the fundamentals keep moving in a very positive direction you see either strong balance sheet growth on the asset side. You continue to see the double digit type movement in our commercial portfolio in particular which I think is differentiating evidence of the effectiveness of our strategy and our approach and from the quality of the team that we have on the street day in and day out.