obt: the income statement

MyFinsight

Orange County Bancorp, Inc. DE (OBT)

For the quarter ending 2025-06-30, OBT made $41,267K in revenue. $10,461K in net income. Net profit margin of 25.35%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Provision for income taxes	3,128
Other	444
Investment advisory income	1,823
Investment securities gains(losses), net	-727
Earnings on bank owned life insurance	234
Trust income	1,573
Service charges on deposit accounts	334
Gain on sale of assets	1,236
Proceeds from bank owned life insurance benefit	2,399
Total noninterest income	7,316
Professional fees	1,666
Other	1,094
Occupancy expense	1,299
Advisor expenses related to trust income	22
Salaries	6,813
Computer software expense	2,117
Employee benefits	2,338
Telephone expenses	203
Intangible amortization	72
Advertising expenses	481
Directors' fees and expenses	319
Fdic assessment	330
Total noninterest expense	16,754
Time deposits	2,222
Subordinated notes	231
Savings and now accounts	5,256
Fhlb advances	375
Total interest expense	8,084
Tax exempt	561
Taxable	2,731
Interest on federal funds sold and other	1,829
Interest and fees on loans	28,103
Total interest income	33,224
Net interest income	25,140
Provision for credit losses - loans	2,113
Net interest income after provision for credit losses	23,027
Income before income taxes	13,589
Net income	10,461

Earnings per share, basic	0.87
Earnings per share, diluted	0.87
Weighted average number of shares outstanding, basic	11,994,815
Weighted average number of shares outstanding, diluted	11,994,815

Unit: Thousand (K) dollars (except for numbers of shares and EPS)