For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue from contracts with customers-Products And Services Insurance Commission And Fees | 27,117 | - | ||
| Revenue from contracts with customers-Products And Services Deposit Service Fees | 19,651 | - | ||
| Other fee income | 9,500 | 8,917 | ||
| Revenue from contracts with customers | - | 26,759 | ||
| Mortgage banking revenue | 3,690 | 13,160 | ||
| Swap fee income | 3,413 | 323 | ||
| Loss on sales of securities, net | -14,448 | -14,799 | ||
| Change in fair value of equity investments | 6,972 | 15,576 | ||
| Equity method investment (loss) income | -1,192 | - | ||
| Other income | 5,131 | 3,396 | ||
| Total noninterest income | 59,834 | 55,379 | ||
| Interest and fees on loans | 477,692 | 517,281 | ||
| Investment securities-taxable | 33,526 | 26,642 | ||
| Investment securities-nontaxable | 5,403 | 3,672 | ||
| Interest and dividend income on assets held in other financial institutions | 21,342 | 16,990 | ||
| Total interest and dividend income | 537,963 | 564,585 | ||
| Interest-bearing deposits | 199,467 | 254,873 | ||
| Fhlb advances and other borrowings | 1,687 | 1,602 | ||
| Subordinated indebtedness | 5,816 | 7,744 | ||
| Total interest expense | 206,970 | 264,219 | ||
| Net interest income | 330,993 | 300,366 | ||
| Provision for credit losses | 46,284 | 7,448 | ||
| Net interest income after provision for credit losses | 284,709 | 292,918 | ||
| Salaries and employee benefits | 150,889 | 148,823 | ||
| Occupancy and equipment, net | 29,771 | 27,865 | ||
| Data processing | 13,587 | 13,497 | ||
| Franchise tax expense | - | 2,897 | ||
| Office and operations | 12,736 | 11,441 | ||
| Intangible asset amortization | 6,611 | 7,979 | ||
| Regulatory assessments | 5,534 | 6,902 | ||
| Advertising and marketing | 5,561 | 6,150 | ||
| Professional services | 6,633 | 6,610 | ||
| Electronic banking | 5,728 | 5,162 | ||
| Loan-related expense | 3,034 | 3,164 | ||
| Bank share tax expense | 2,518 | - | ||
| Other expense | 6,300 | 10,548 | ||
| Total noninterest expense | 248,902 | 251,038 | ||
| Income before income tax expense | 95,641 | 97,259 | ||
| Income tax expense | 20,444 | 20,767 | ||
| Net income | 75,197 | 76,492 | ||
| Basic EPS | 2.42 | 2.46 | ||
| Diluted EPS | 2.4 | 2.45 | ||
| Basic Average Shares | 31,135,865 | 31,077,767 | ||
| Diluted Average Shares | 31,333,463 | 31,201,863 | ||
Origin Bancorp, Inc. (OBK)
Origin Bancorp, Inc. (OBK)