8-K
filed August 1, 2022, 7:59 PM ET
ticker OBK
CIK 0001516912
M&A
confidence high
sentiment positive
materiality 0.72
Origin Bancorp completes acquisition of BT Holdings, gaining East Texas presence
Origin Bancorp, Inc.
- Effective Aug 1, 2022; issued up to 6.83M shares of common stock to BTH shareholders.
- BTH options converted to 611,676 Origin options; assumed $7.2M trust preferred and $37.7M subordinated notes.
- Lori Sirman (Pres/CEO) and Jay Dyer (EVP) join Origin board and executive team; Sirman base $500K, Dyer $400K.
- Combined pro forma: $9.78B assets, $6.68B loans, $7.98B deposits.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Lori Sirman was appointed as Executive Vice President at Origin Bancorp, Inc..
- Action
- appointed
- Role
- Executive Vice President
Exact text from the filing
Each Employment Agreement, as amended, provides that the executive shall be employed as an Executive Vice President of Origin Bank for a period of two years following consummation of the Merger.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Lori Sirman was appointed as Director at Origin Bancorp, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
BTH designated its President and Chief Executive Officer, Lori Sirman, and Executive Vice President, Jay Dyer, as its appointees.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jay Dyer was appointed as Director at Origin Bancorp, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
BTH designated its President and Chief Executive Officer, Lori Sirman, and Executive Vice President, Jay Dyer, as its appointees.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jay Dyer was appointed as Executive Vice President at Origin Bancorp, Inc..
- Action
- appointed
- Role
- Executive Vice President
Exact text from the filing
Each Employment Agreement, as amended, provides that the executive shall be employed as an Executive Vice President of Origin Bank for a period of two years following consummation of the Merger.
View on SEC.gov
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