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Stock impact report

Origin Bancorp, Inc. Reports Earnings For Third Quarter 2024 [Yahoo! Finance]

Origin Bancorp, Inc. (OBK) 
Company Research Source: Yahoo! Finance
earnings was $28.3 million for the quarter ended September 30, 2024, compared to $32.0 million for the linked quarter. “I am pleased with the balance sheet trends we showed in the third quarter,” said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. “I am confident these trends will continue and our bankers will capitalize on opportunities throughout our markets.” PTPP earnings is a non-GAAP financial measure, please see the last few pages of this document for a reconciliation of this alternative financial measure to its most directly comparable GAAP measure. Financial Highlights Total loans held for investment (“LHFI”) were $7.96 billion at both September 30, 2024, and June 30, 2024. LHFI, excluding mortgage warehouse lines of credit (“MW LOC”), were $7.46 billion at September 30, 2024, reflecting an increase of $8.9 million, or 0.12%, compared to June 30, 2024. Noninterest-bearing deposits were $1.89 billion at September 30, 2024, reflecting an increase of Show less Read more
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