Origin Bancorp Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
OBK$53.78+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED FINANCIAL STATEMENTS Consolidated Balance Sheets
Consolidated Balance Sheets
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Cash and due from banks | $132,991 | $127,278 |
| Interest-bearing deposits in banks | 337,258 | 153,163 |
| Total cash and cash equivalents | 470,249 | 280,441 |
| Securities: | ||
| Available for sale | 1,102,528 | 1,253,631 |
| Held to maturity, net allowance for credit losses of $50 and $63 at December 31, 2024, and December 31, 2023, respectively (fair value of $10,456 and $10,848 at December 31, 2024, and December 31, 2023, respectively) | 11,095 | 11,615 |
| Securities carried at fair value through income | 6,512 | 6,808 |
| Total securities | 1,120,135 | 1,272,054 |
| Non-marketable equity securities held in other financial institutions | 71,643 | 55,190 |
| Loans held for sale at fair value | 10,494 | 16,852 |
| Loans, net of allowance for credit losses of $91,060 and $96,868 at December 31, 2024, and December 31, 2023, respectively | 7,482,653 | 7,564,076 |
| Premises and equipment, net | 126,620 | 118,978 |
| Mortgage servicing rights (“MSR”) | — | 15,637 |
| Cash surrender value of bank-owned life insurance | 40,840 | 39,905 |
| Goodwill | 128,679 | 128,679 |
| Other intangible assets, net | 37,473 | 45,452 |
| Accrued interest receivable and other assets | 189,916 | 185,320 |
| Total assets | $9,678,702 | $9,722,584 |
| Liabilities and Stockholders’ Equity | ||
| Noninterest-bearing deposits | $1,900,651 | $1,919,638 |
| Interest-bearing deposits | 5,301,479 | 4,918,597 |
| Time deposits | 1,020,990 | 1,412,890 |
| Total deposits | 8,223,120 | 8,251,125 |
| Federal Home Loan Bank (“FHLB”) advances, repurchase agreements and other borrowings | 12,460 | 83,598 |
| Subordinated indebtedness, net | 159,943 | 194,279 |
| Accrued expenses and other liabilities | 137,934 | 130,677 |
| Total liabilities | 8,533,457 | 8,659,679 |
| Commitments and contingencies - See Note 18 — Commitments and Contingencies | — | — |
| Stockholders’ equity: | ||
| Preferred stock, no par value, 2,000,000 shares authorized | — | — |
| Common stock ($5.00 par value; 50,000,000 shares authorized; 31,197,574 and 30,986,109 shares issued at December 31, 2024, and December 31, 2023, respectively) | 155,988 | 154,931 |
| Additional paid‑in capital | 537,366 | 528,578 |
| Retained earnings | 557,920 | 500,419 |
| Accumulated other comprehensive loss | (106,029) | (121,023) |
| Total stockholders’ equity | 1,145,245 | 1,062,905 |
| Total liabilities and stockholders’ equity | $9,678,702 | $9,722,584 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.