In this Episode, Margaret Brandt, Vice President and Portfolio Manager at Wings Credit Union, shares the lessons learned from leading a transformational credit union merger, as well as managing investment portfolios at scale, navigating interest rate uncertainty, and building high-performing teams in today's evolving financial landscape.

Any conversation related to investments are directed toward institutional investors in the financial services industry. All commentary is for informational purposes only and not meant as investment advice. Some podcast guests may be clients of Stifel. Any testimonial by a guest is based on their own experiences and may not be other customer’s experiences. Testimonials do not guarantee future performance or success. No compensation is paid to guests of the Balance Sheet Banter podcast.The views expressed in this podcast may not necessarily reflect the views of Stifel Financial Corp. or its affiliates (collectively, Stifel). This communication is provided for information purposes only. Past performance does not guarantee future results. Investing involves risk, including the possible loss of principal. Asset allocation and diversification do not ensure a profit or protect against loss. © Stifel, Nicolaus & Company, Incorporated | Member SIPC & NYSE | www.stifel.com

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In this episode of Balance Sheet Banter, Ryan Henley sits down with John Lorino, Senior Vice President and Treasurer at State Bank & Trust, a family-owned community bank that has served Alabama for more than a century.

They discuss community banking, balance sheet strategy, liquidity management, AI, and the challenges of navigating growth in today’s banking environment.

Any conversation related to investments are directed toward institutional investors in the financial services industry. All commentary is for informational purposes only and not meant as investment advice. Some podcast guests may be clients of Stifel. Any testimonial by a guest is based on their own experiences and may not be other customer’s experiences. Testimonials do not guarantee future performance or success. No compensation is paid to guests of the Balance Sheet Banter podcast.The views expressed in this podcast may not necessarily reflect the views of Stifel Financial Corp. or its affiliates (collectively, Stifel). This communication is provided for information purposes only. Past performance does not guarantee future results. Investing involves risk, including the possible loss of principal. Asset allocation and diversification do not ensure a profit or protect against loss. © Stifel, Nicolaus & Company, Incorporated | Member SIPC & NYSE | www.stifel.com

See omnystudio.com/listener for privacy information.

In the first episode of Balance Sheet Banter, host Ryan Henley welcomes Brian Gilbert, newly appointed Chief Banking Officer at Empyrean Solutions and former Treasurer of Pinnacle Financial Partners and. Brian reflects on a 20+ year career that spanned extraordinary growth, multiple financial crises, and some of the most dramatic interest-rate and liquidity shifts the banking industry has ever seen.

The conversation explores how those experiences reshaped his view of interest rate risk, deposit behavior, and balance-sheet optionality - highlighting why many traditional models fell short during recent volatility. Brian also shares lessons on leadership, intellectual curiosity, and the importance of translating complex risk into clear decisions for executives and boards.

Blending technical insight with personal perspective, this episode sets the tone for thoughtful, real-world conversations about risk, strategy, and the future of banking.

Any conversation related to investments are directed toward institutional investors in the financial services industry. All commentary is for informational purposes only and not meant as investment advice. Some podcast guests may be clients of Stifel. Any testimonial by a guest is based on their own experiences and may not be other customer’s experiences. Testimonials do not guarantee future performance or success. No compensation is paid to guests of the Balance Sheet Banter podcast.The views expressed in this podcast may not necessarily reflect the views of Stifel Financial Corp. or its affiliates (collectively, Stifel). This communication is provided for information purposes only. Past performance does not guarantee future results. Investing involves risk, including the possible loss of principal. Asset allocation and diversification do not ensure a profit or protect against loss. © Stifel, Nicolaus & Company, Incorporated | Member SIPC & NYSE | www.stifel.com

See omnystudio.com/listener for privacy information.

Balance Sheet Banter, hosted by Ryan Henley, brings thoughtful, light‑hearted conversations with banking and financial services executives. From balance‑sheet strategy to work‑life lessons, it’s an inside look at how industry leaders think, lead, and learn.

Any conversation related to investments are directed toward institutional investors in the financial services industry. All commentary is for informational purposes only and not meant as investment advice. Some podcast guests may be clients of Stifel. Any testimonial by a guest is based on their own experiences and may not be other customer’s experiences. Testimonials do not guarantee future performance or success. No compensation is paid to guests of the Balance Sheet Banter podcast.

The views expressed in this podcast may not necessarily reflect the views of Stifel Financial Corp. or its affiliates (collectively, Stifel). This communication is provided for information purposes only. Past performance does not guarantee future results. Investing involves risk, including the possible loss of principal. Asset allocation and diversification do not ensure a profit or protect against loss. © Stifel, Nicolaus & Company, Incorporated | Member SIPC & NYSE | www.stifel.com

See omnystudio.com/listener for privacy information.