CapitalSource (CSE)

Q2 2011 Earnings Call

July 29, 2011 8:30 am ET


Donald Cole - Chief Financial Officer

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

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

Dennis Oakes - Senior Vice President of Investor Relations


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

Moshe Orenbuch - Crédit Suisse AG

Donald Fandetti - Citigroup Inc

John Stilmar - SunTrust Robinson Humphrey, Inc.

Michael Taiano - Sandler O'Neill + Partners, L.P.

Scott Valentin - FBR Capital Markets & Co.

Steven Alexopoulos - JP Morgan Chase & Co

Jeff Davis - Guggenheim Securities, LLC

Mark DeVries - Barclays Capital

John Hecht - JMP Securities LLC



Good morning, and welcome to the CapitalSource Inc. Second 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, Andrew, and good morning, everyone. And thanks for joining the CapitalSource Second Quarter 2011 Earnings Call. On the call this morning are Executive Chairman, John Delaney; Co-Chief Executive Officers, Jim Pieczynski and Steven Museles; CapitalSource Bank President and CEO, Tad Lowrey; and Chief Financial Officer, Don Cole.

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

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