secwatch.observer — SEC 8-K summary
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Issuer:     Orange County Bancorp, Inc. /DE/ (OBT)
CIK:        0001754226
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000943374-25-000181
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orange County Bancorp Q1 net income $8.7M, EPS $0.77; NIM expands to 3.95%
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- Net income $8.7M ($0.77 EPS) vs $9.3M ($0.82) YoY; decline due to $1.9M prior-year one-time recovery.
- Net interest margin 3.95%, up 31 bps from 3.64% YoY; net interest income +9.4% to $23.6M.
- Deposits grew $128.3M (6.0%) to $2.3B; loans up $38.5M (2.1%) to $1.9B.
- Trust & investment advisory income +19.2% to $3.4M; book value per share $17.69, up 8.2% from Dec 2024.
- Provision for credit losses $0.2M vs net credit of $1.6M in prior year; ACL ratio 1.42%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754226/000094337425000181/0000943374-25-000181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754226/000094337425000181/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-25-000181

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