---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000169"
form_type: "8-K"
ticker: "OBT"
cik: "0001754226"
company_name: "Orange County Bancorp, Inc. /DE/"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:06:10.442973+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OBT record Q1 net income $9.3M ($1.65 EPS); deposits up 5.4%, FHLB borrowings slashed

## Summary
- Net income $9.3M vs $3.2M in Q1 2023; EPS $1.65 vs $0.57; includes $1.9M Signature Bank debt recovery.
- Total deposits grew $110.7M to $2.2B; FHLB borrowings cut from $224.5M to $28M quarter-over-quarter.
- Net interest margin 3.64% vs 3.78% in Q1 2023; loans relatively unchanged at $1.7B.
- Non-interest income up 16.3% to $3.7M; trust & investment advisory income rose 21.6% to $2.9M.
- Book value per share $29.81; tangible book $28.68; ACL to loans 1.47%; Tier 1 leverage 9.72%.

## SEC filing metadata
- accession: 0000943374-24-000169
- form_type: 8-K
- ticker: OBT
- cik: 0001754226
- company_name: Orange County Bancorp, Inc. /DE/
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000169/0000943374-24-000169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000169/form8k_050124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000169
- JSON: https://secwatch.observer/filing/0000943374-24-000169.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000169.txt

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