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Sep 30, 2021
Origin Q3 2021 Earnings Report
Origin Bancorp reported strong earnings driven by bankers focused on core business aspects.
Key Takeaways
Origin Bancorp, Inc. reported a net income of $27.0 million for the quarter ended September 30, 2021, or $1.14 diluted earnings per share. The company saw annualized growth on loans excluding PPP and mortgage warehouse and entered an agreement to acquire The Lincoln Agency.
Net income was $27.0 million, or $1.14 diluted earnings per share.
Total LHFI, excluding PPP and mortgage warehouse lines of credit, grew at an annualized rate of 9.2% during the current quarter.
Total securities grew $512.4 million, or 50.1%, to $1.54 billion.
Total deposits grew $130.4 million, or 2.2%, to $6.16 billion.
Origin
Origin
Forward Guidance
Origin Bancorp did not provide specific forward guidance in the provided document. The document contains forward-looking statements regarding potential future performance, but no concrete financial targets or estimates were given.