Origin Q2 2020 Earnings Report

Net income for the quarter ended June 30, 2020, was $5.0 million, compared to $753,000 for the linked quarter and $12.3 million for the quarter ended June 30, 2019.

Pre-tax pre-provision earnings hit an historic high of $27.1 million for the quarter ended June 30, 2020, compared to $18.9 million for the linked quarter and $17.1 million for the quarter ended June 30, 2019.

Diluted earnings per share for the quarter ended June 30, 2020, were $0.21, compared to $0.03 for the linked quarter and $0.52 for the quarter ended June 30, 2019.

Growth in total loans held for investment was robust, totaling $5.31 billion at June 30, 2020, an increase of $831.0 million, or 18.5%, from March 31, 2020, and an increase of $1.33 billion, or 33.3%, from June 30, 2019.