U.S. Bancorp (USB) Q1 2012 Earnings Call April 17, 2012 8:00 am ET Executives Judith T. Murphy - Senior Vice President, Director of Investor Relations and Analyst Richard K. Davis - Chairman, Chief Executive Officer, President, Chairman of Executive Committee and Member of Risk Management Committee Andrew Cecere - Vice Chairman and Chief Financial Officer P. W. Parker - Chief Credit Officer and Executive Vice President Analysts Christoph M. Kotowski - Oppenheimer & Co. Inc., Research Division Moshe Orenbuch - Crédit Suisse AG, Research Division Matthew D. O'Connor - Deutsche Bank AG, Research Division Leanne Erika Penala - BofA Merrill Lynch, Research Division John E. McDonald - Sanford C. Bernstein & Co., LLC., Research Division Edward R. Najarian - ISI Group Inc., Research Division Kenneth M. Usdin - Jefferies & Company, Inc., Research Division Paul J. Miller - FBR Capital Markets & Co., Research Division Michael Mayo - Credit Agricole Securities (USA) Inc., Research Division Nancy A. Bush - NAB Research, LLC, Research Division Betsy Graseck - Morgan Stanley, Research Division Gregory W. Ketron - UBS Investment Bank, Research Division Christopher Gamaitoni - Compass Point Research & Trading, LLC, Research Division PresentationOperator
Welcome to U.S. Bancorp's First Quarter 2012 Earnings Conference Call. Following a review of the results by Richard Davis, Chairman, President and Chief Executive Officer; and Andy Cecere, U.S. Bancorp's Vice Chairman and Chief Financial Officer, there will be a formal question-and-answer session. [Operator Instructions] This call will be recorded and available for replay beginning today at approximately 11:00 a.m. Eastern Daylight Time through Tuesday, April 24, at midnight Eastern Daylight Time. I will now turn the conference call over to Judy Murphy, Director of Investor Relations for U.S. Bancorp. Judith T. Murphy Thank you, Brooke, and good morning to everyone who has joined our call. Richard Davis, Andy Cecere and Bill Parker are here with me today to review U.S. Bancorp's first quarter 2012 results and to answer your questions. Richard and Andy will be referencing a slide presentation during their prepared remarks. A copy of the slide presentation, as well as our earnings release and supplemental analysts' schedules, are available on our website at usbank.com.