We have already run nearly all of the generalists completely out of the bank space. Donna and I were recently at a major bank conference and a young, sharp female analyst from a well-known national company said, I can't get a single PM, portfolio manager is what she was referring to, of my company to even look at a bond. She said, including your bank, Johnny, as good as y'all are, they say no banks, period. So what has created that? What has led to the fact that generalists want nothing to do with a bank space? I think it's an attitude. I think it's because banks have done bad deals that management and boards of directors allow, both in the purchase of long-term low-rate securities, that cost shareholders hundreds of millions and billions of dollars, plus management teams paying too much on acquisitions and deluding their shareholders into oblivion. We're forcing the good long-term investors completely out of the space.

Jan 15, 2026 / receipt, needs a key / John Allison, Chairman | earnings call 2026-01-15 | transcript 762b1dfd-571f-4d59-81be-20903f7ca9b1 | chars 4407-5340 | segment 4

Approximately 33% of Happy’s projected expense base, representing fully phased-in cost savings of approximately $53 million

ir_statement / Sep 15, 2026 / receipt

EXPANSION INTO HIGH GROWTH TEXAS MARKETS

ir_statement / Sep 15, 2026 / receipt

Cost saves equal to 20% of MCBI’s noninterest expense; 25% phased-in 2026 and 100% thereafter

ir_statement / Sep 15, 2026 / receipt

Assumes 25% realization of cost savings in 2026; illustrative for the full realization of cost savings, 2026E EPS accretion would be approximately 2.4%

ir_statement / Sep 15, 2026 / receipt