---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000443"
form_type: "8-K"
ticker: "OBT"
cik: "0001754226"
company_name: "Orange County Bancorp, Inc. /DE/"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:24:27.193003+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Orange County Bancorp Q3 net income falls to $0.57/share, impacted by $5.6M loan loss reserve

## Summary
- Net income $3.2M ($0.57 per share) vs $9.0M ($1.61) YoY; provision for credit losses surged to $7.2M from $0.8M.
- Provision included $5.6M reserve against a $10.7M commercial real estate participation loan; company filed suit against lead lender Valley National Bank.
- Net interest income rose 2.1% to $23.0M; net interest margin narrowed to 3.81% from prior quarter's 4.10%.
- Non-performing loans increased to $11.2M (0.62% of total loans) primarily due to a single non-accrual loan of $10.7M.
- Wealth management AUM grew 13.4% to $1.8B; trust and advisory income up 20.1% to $3.1M.

## SEC filing metadata
- accession: 0000943374-24-000443
- form_type: 8-K
- ticker: OBT
- cik: 0001754226
- company_name: Orange County Bancorp, Inc. /DE/
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000443/0000943374-24-000443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754226/000094337424000443/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000443
- JSON: https://secwatch.observer/filing/0000943374-24-000443.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000443.txt

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