M&A
confidence high
sentiment neutral
materiality 0.50
Origin Bancorp completes BTH merger; files BTH H1 2022 financials
Origin Bancorp, Inc.
- BTH had $1.872B total assets, $1.231B loans (net), and $1.614B deposits at June 30, 2022.
- BTH reported net income of $14.9M for H1 2022, up from $8.9M in H1 2021.
- Origin issued 6,828,390 shares of common stock to BTH shareholders as merger consideration.
- BTH net interest income for H1 2022 was $30.8M, up from $26.9M in H1 2021.
- Pro forma combined financials filed reflect acquisition accounting with goodwill and core deposit intangibles.