Provident Financial Services, Inc. (PFS) Q2 2010 Earnings Call Transcript July 30, 2010 10:00 am ET Executives Christopher Martin – Chairman, President and CEO Tom Lyons – SVP and CFO Analysts Mark Fitzgibbon – Sandler O'Neill & Partners Rick Weiss – Janney Montgomery Scott Jason O'Donnell – Boenning & Scattergood Collyn Gilbert – Stifel Nicolaus Timur Braziler – KBW Matthew Kelley – Sterne, Agee PresentationOperator
Good morning and welcome to the Provident Financial Services second quarter 2010 earnings conference call. All participants will be in a listen-only mode. (Operator instructions) Please note that this event is being recorded. I would now like to turn the conference over to Christopher Martin. Please go ahead, sir. Christopher Martin Thank you. Good morning, everyone. Before we discuss our second quarter 2010 results, we ask that you please review our standard cautions as to any forward-looking statements that may be made during today’s review of our financial performance. A full disclosure and disclaimer can be found in the text of our earnings release and you may also obtain a copy of that and all of our SEC filings by accessing our Web site www.providentnj.com or by calling our Investor Relations Department at 201 915 5344. For today’s discussion, I am joined by Tom Lyons, our CFO. Our earnings of $12.9 million or $0.23 a share represent an improvement of more than double of the same quarter last year. And actually, we are pleased with these results as our net interest income before the loan loss provision increased $9 million from the same quarter last year.