---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000038"
form_type: "8-K"
ticker: "OBT"
cik: "0001754226"
company_name: "Orange County Bancorp, Inc. /DE/"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:16:05.677639+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Orange County Bancorp reports record FY 2023 net income $29.5M, up 21% YoY; Q4 net income $8.1M, down 10.5%

## Summary
- Net income for full year 2023 reached $29.5M ($5.24 per share), up $5.1M or 21.0% from $24.4M in 2022.
- Net interest margin for 2023 was 3.78%, a 26-basis-point increase from 2022.
- Total loans grew $177.6M (11.3%) to $1.8B; total deposits rose $64.4M (3.3%) to $2.0B at Dec 31, 2023.
- Book value per share increased $4.78 (19.5%) to $29.26; tangible book value per share $28.12.
- Q4 2023 net income was $8.1M ($1.44 per share) versus $9.1M ($1.61 per share) in Q4 2022, down 10.5%.

## SEC filing metadata
- accession: 0000943374-24-000038
- form_type: 8-K
- ticker: OBT
- cik: 0001754226
- company_name: Orange County Bancorp, Inc. /DE/
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000038/0000943374-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000038/form8k_013124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000038
- JSON: https://secwatch.observer/filing/0000943374-24-000038.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.