secwatch.observer — SEC 8-K summary
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Issuer:     Origin Bancorp, Inc. (OBK)
CIK:        0001516912
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001516912-23-000172
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Bancorp Q3 net income $24.3M ($0.79 EPS), up 12% sequentially; declares $0.15 dividend
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- Net income $24.3M ($0.79 diluted), up 11.7% from $21.8M ($0.70) in Q2 2023.
- Adjusted net income $22.0M ($0.71 diluted), up 2.9% from linked quarter.
- Sold $181.9M AFS securities at $7.2M loss to repay FHLB advances; $10.1M positive equity valuation adjustment.
- Capital ratios improved: CET1 11.45% vs 11.01% linked; tangible common equity to assets 8.66% vs 8.25%.
- Declared $0.15/sh quarterly dividend, payable Nov 30, record Nov 15, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1516912/000151691223000172/0001516912-23-000172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1516912/000151691223000172/obnk-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001516912-23-000172

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