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Sep 30, 2024
Origin Q3 2024 Earnings Report
Reported net income of $18.6 million and diluted earnings per share of $0.60.
Key Takeaways
Origin Bancorp reported a net income of $18.6 million, or $0.60 diluted earnings per share, for the third quarter of 2024. This compares to a net income of $21.0 million, or $0.67 diluted earnings per share, for the previous quarter. The company's balance sheet showed positive trends, with increases in noninterest-bearing deposits and net interest income.
Total loans held for investment remained stable at $7.96 billion.
Noninterest-bearing deposits increased by $27.1 million, or 1.5%, to $1.89 billion.
Net interest income increased by $914,000, or 1.2%, to $74.8 million.
Book value per common share increased by $1.53, or 4.3%, to $36.76.
Origin
Origin
Forward Guidance
The press release does not contain information regarding forward guidance. Therefore, this section is empty.