Director Chu resigns as customer Tricolor files Ch.7; $30.1M loans on non-accrual

Origin Bancorp, Inc.

Director Daniel T. Chu resigned from Origin Bancorp's board effective Sept 7, 2025; no disagreements cited.
Chu is CEO of Tricolor Holdings, which filed Chapter 7 bankruptcy on Sept 10, 2025.
Origin Bank has $30.1M loan commitments to Tricolor, primarily secured by notes receivable; loans placed on non-accrual.
Bank evaluating collateral and potential additional credit loss provisions; intends to pursue all remedies.

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