Origin Bancorp, Inc. (OBK) Form 10-Q — Aug 5, 2026

$OBKForm 10-QFiled Aug 5, 2026, 2:41 PM ET0001516912-26-000046Original filing

Origin Bancorp reported Q2 2026 net income of $33.8 million, up 131.1% from $14.6 million a year earlier, with diluted EPS rising to $1.09 from $0.47. Six-month net income climbed 66.1% to $61.5 million. Net interest income grew 12.3% YoY to $92.2 million and the fully tax-equivalent net interest margin expanded 31 basis points to 3.92%, driven by a 58-basis-point drop in rates paid on interest-bearing liabilities. Credit costs were negligible, with provision expense of just $65,000 and net charge-offs of $454,000 for the quarter.

Key figures

Eps: $1.09 diluted (Q2 2026) vs $0.47 (Q2 2025); $1.97 diluted (6M 2026) vs $1.18 (6M 2025)
Revenue: $135.7 million total interest and dividend income (Q2 2026)
Net Income: $33.8 million (Q2 2026), up 131.1% YoY; $61.5 million (6M 2026), up 66.1% YoY
Total Debt: $136.9 million FHLB advances/repurchase agreements/other borrowings plus $16.6 million subordinated indebtedness
Total Assets: $10.28 billion
Cash Position: $546.5 million
Shares Outstanding: 30849678
Nim fte: 3.92% (Q2 2026), +31 bps YoY
Q2 buyback: 217,034 shares at average $46.60 for $10.1 million
Roaa target: 1.15% or higher by 4Q26
Ytd buyback: 382,534 shares at average $44.29 for $16.9 million
Total deposits: $8.70 billion, +4.8% vs Dec 31, 2025
Net charge offs: $454,000 (Q2 2026) vs $2.3 million (Q2 2025)
Total loans lhfi: $8.07 billion, +5.2% vs Dec 31, 2025
Dividend per share: $0.25 (Q2 2026) vs $0.15 (Q2 2025)
Net interest income: $92.2 million (Q2 2026), +12.3% YoY
Stockholders equity: $1.28 billion
Acl to nonperforming lhfi: 125.05%
Allowance for credit losses: $98.2 million
Provision for credit losses: $65,000 (Q2 2026) vs $2.9 million (Q2 2025)
Noninterest bearing deposits: $2.26 billion, +14.1% vs Dec 31, 2025
Buyback authorization increase: $100 million approved July 2026

Price after filing

1 day: -1.6%7 days: -1.4%30 days: -0.9%

Close on the filing date to close N calendar days later (from $54.84). Historical, not a forecast.

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