secwatch.observer — SEC 8-K summary
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Issuer:     Origin Bancorp, Inc. (OBK)
CIK:        0001516912
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001516912-23-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Bancorp Q1 net income $24.3M ($0.79 EPS), down from Q4 2022 but up YoY
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- Net income $24.3M ($0.79 diluted EPS) vs Q4 2022 $29.5M ($0.95) and Q1 2022 $20.7M ($0.87).
- Adjusted pre-tax pre-provision earnings $36.6M. Loans held for investment (ex-warehouse) up 3.4% linked quarter to $7.04B.
- Total deposits rose $398.6M (5.1%) to $8.17B; book value per share $32.25, tangible book value $26.53.
- Nonperforming LHFI to total LHFI 0.23%; Company-level CET1 ratio 11.08% and total capital 14.30%.
- Quarterly cash dividend of $0.15/share declared, payable May 31, 2023 to holders of record May 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1516912/000151691223000041/0001516912-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1516912/000151691223000041/obnk-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001516912-23-000041

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