secwatch.observer — SEC 8-K summary
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Issuer:     Orange County Bancorp, Inc. /DE/ (OBT)
CIK:        0001754226
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0000943374-25-000167
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orange County Bancorp sells branch property for $2.535M; leases back through 2026
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- Sale price $2,535,000; closing set for April 23, 2025.
- Bank will lease back the branch month-to-month through Dec 31, 2026 at $10,000/month.
- Premises include branch building and adjacent lot; bank retains a separate lot.
- Deed includes 10-year restriction against using property as a financial institution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754226/000094337425000167/0000943374-25-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754226/000094337425000167/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-25-000167

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer