Orange County Bancorp, Inc. (OBT)

Orange County 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	107.73	106.03	96.26	69.33	57.52	47.52
Interest Income on Investments	20.33	21.2	21.51	14.9	6.91	5.94
Total Interest Income	128.06	127.23	117.77	84.22	64.43	53.46
Interest Paid on Deposits	28	27.87	19.52	4.46	2.88	4.31
Interest Paid on Borrowings	6.27	7.59	9.86	1.68	1.09	0.42
Total Interest Expense	34.27	35.46	29.38	6.14	3.97	4.72
Net Interest Income	93.79	91.77	88.39	78.09	60.46	48.74
Net Interest Income Growth (YoY)	5.56%	3.82%	13.19%	29.15%	24.05%	12.61%
Trust Income	5.87	5.51	5.1	4.76	4.79	4.07
Gain (Loss) on Sale of Investments	-	-	0.11	-	-	0.8
Other Non-Interest Income	9.7	9.45	7.41	6.54	6.68	5.86
Total Non-Interest Income	16.64	15.97	13.42	12	12.1	11.42
Non-Interest Income Growth (YoY)	19.43%	19.02%	11.86%	-0.88%	5.94%	16.39%
Revenues Before Loan Losses	110.44	107.74	101.81	90.08	72.56	60.16
Provision for Loan Losses	9.55	7.71	7.87	9.52	2.43	5.41
Revenue	100.88	100.03	93.94	80.57	70.14	54.75
Revenue Growth (YoY)	-1.97%	6.48%	16.60%	14.87%	28.10%	7.56%
Salaries and Employee Benefits	35.15	34.66	31.32	27.37	22.42	21.38
Occupancy Expenses	1.66	1.66	1.68	1.41	1.38	1.27
Federal Deposit Insurance	1.22	1.31	1.4	1.41	1.2	0.91
Amortization of Goodwill & Intangibles	0.29	0.29	0.29	0.29	0.29	0.29
Selling, General & Administrative	21.05	20.26	17.69	16.25	15.39	13.68
Other Non-Interest Expense	7.03	7.04	4.42	3.57	2.78	2.7
Total Non-Interest Expense	66.39	65.21	56.79	50.29	43.46	40.23
EBT Excluding Unusual Items	34.49	34.82	37.15	30.28	26.68	14.52
Pretax Income	34.49	34.82	37.15	30.28	26.68	14.52
Income Tax Expense	7.19	6.94	7.67	5.91	5.39	2.84
Net Income	27.3	27.88	29.48	24.36	21.29	11.68
Net Income to Common	27.3	27.88	29.48	24.36	21.29	11.68
Net Income Growth	-23.19%	-5.41%	21.00%	14.45%	82.27%	1.73%
Basic Shares Outstanding	11	11	11	11	10	9
Diluted Shares Outstanding	11	11	11	11	10	9
Shares Change (YoY)	0.49%	0.40%	0.13%	13.14%	10.21%	0.54%
EPS (Basic)	2.41	2.47	2.62	2.17	2.14	1.30
EPS (Diluted)	2.41	2.47	2.62	2.17	2.14	1.30
EPS Growth	-23.57%	-5.79%	20.83%	1.16%	65.39%	1.18%
Dividend Per Share	0.485	0.470	0.460	0.415	0.400	0.400
Dividend Growth	5.44%	2.17%	10.84%	3.75%	-	-
Effective Tax Rate	20.85%	19.92%	20.65%	19.53%	20.21%	19.55%

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q