Origin Bancorp, Inc. (OBK)

Origin Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	507.17	517.28	466.82	286.15	218.78	209.11
Interest Income on Investments	51.26	47.3	56.58	40.45	22.88	19.59
Total Interest Income	558.43	564.59	523.39	326.6	241.66	228.7
Interest Paid on Deposits	243.81	254.87	196.46	33.51	13.42	27.15
Interest Paid on Borrowings	9.12	9.35	27.38	17.82	11.99	10.02
Total Interest Expense	252.93	264.22	223.83	51.33	25.4	37.17
Net Interest Income	305.5	300.37	299.56	275.28	216.25	191.54
Net Interest Income Growth (YoY)	3.30%	0.27%	8.82%	27.30%	12.90%	10.26%
Mortgage Banking Activities	5.1	6.58	3.36	6.72	12.93	29.6
Gain (Loss) on Sale of Assets	-	-	-	-	-0.19	-1.21
Gain (Loss) on Sale of Investments	-10.98	-9.61	-0.81	0.81	11.85	1.15
Other Non-Interest Income	59.61	58.41	55.79	49.74	37.6	35.11
Total Non-Interest Income	53.73	55.38	58.34	57.27	62.19	64.65
Non-Interest Income Growth (YoY)	-9.26%	-5.07%	1.85%	-7.91%	-3.80%	39.10%
Revenues Before Loan Losses	359.23	355.75	357.89	332.55	278.45	256.19
Provision for Loan Losses	7.88	7.45	16.75	24.69	-10.77	59.9
Revenue	351.35	348.3	341.14	307.86	289.21	196.29
Revenue Growth (YoY)	2.92%	2.10%	10.81%	6.45%	47.34%	-6.81%
Salaries and Employee Benefits	143.83	141.66	133.54	115.52	90.73	88.79
Occupancy Expenses	21.49	19.59	18.54	14.49	12.43	12.08
Federal Deposit Insurance	6.56	6.9	6.46	3.55	2.9	3.83
Amortization of Goodwill & Intangibles	7.6	7.98	9.63	5.49	0.84	1.06
Selling, General & Administrative	52.86	53.14	47.87	35.98	31.39	30.66
Other Non-Interest Expense	22.05	21.77	19.19	19.22	18.49	15.53
Total Non-Interest Expense	254.4	251.04	235.22	194.25	156.78	151.94
EBT Excluding Unusual Items	96.95	97.26	105.92	113.61	132.43	44.35
Pretax Income	96.95	97.26	105.92	107.44	132.43	44.35
Income Tax Expense	20.68	20.77	22.12	19.73	23.89	8
Net Income	76.27	76.49	83.8	87.72	108.55	36.36
Net Income to Common	76.27	76.49	83.8	87.72	108.55	36.36
Net Income Growth	-7.13%	-8.72%	-4.46%	-19.19%	198.56%	-32.52%
Basic Shares Outstanding	31	31	31	27	23	23
Diluted Shares Outstanding	31	31	31	27	24	24
Shares Change (YoY)	0.98%	0.87%	15.59%	13.35%	0.41%	-0.69%
EPS (Basic)	2.45	2.46	2.72	3.29	4.63	1.56
EPS (Diluted)	2.43	2.45	2.71	3.28	4.60	1.55
EPS Growth	-8.28%	-9.59%	-17.38%	-28.70%	196.77%	-32.02%
Dividend Per Share	0.600	0.600	0.600	0.580	0.490	0.378
Dividend Growth	-	-	3.45%	18.37%	29.80%	51.00%
Effective Tax Rate	21.33%	21.35%	20.89%	18.36%	18.04%	18.03%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q