Origin Bancorp Q2 net income $21.8M ($0.70 EPS); deposits up 3.9% QoQ

Origin Bancorp, Inc.

2023-Q2 EPS reported $1.49

Net income $21.8M ($0.70 diluted EPS) vs $24.3M ($0.79) in prior quarter; adjusted PTPP $31.6M.
Total deposits $8.49B, up $315.7M (+3.9%) QoQ; loans held for investment $7.09B, up $46.8M (+0.7%).
Net interest income $75.3M, down $1.9M (-2.4%) from linked quarter; tangible book value $26.71 per share (+0.7%).
Capital ratios remain strong: CET1 11.01%, total capital 14.11%; tangible common equity to assets 8.25%.
Board declared quarterly cash dividend of $0.15 per share, payable Aug 31 to holders of record Aug 15 (unchanged rate).

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Origin Bancorp, Inc. reported the quarter ended June 30, 2023 results: net income net income of $21.8 million, EPS $0.70 diluted earnings per share.

Period: the quarter ended June 30, 2023
Net income: net income of $21.8 million
EPS: $0.70 diluted earnings per share
Result: reported results

Exact text from the filing

today announced net income of $21.8 million, or $0.70 diluted earnings per share for the quarter ended June 30, 2023

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Source: SEC EDGAR

accession 0001516912-23-000133

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