Origin Bancorp reported a record net income of $28.3 million, or $1.20 diluted earnings per share, for the quarter ended December 31, 2021. Total loans held for investment, excluding PPP and mortgage warehouse lines of credit, increased by 5.7% compared to the linked quarter. Total deposits grew by 6.7% to $6.57 billion.
Net income reached a historic high of $28.3 million.
Total loans held for investment, excluding PPP and mortgage warehouse, increased by 5.7% compared to the linked quarter.
Total deposits grew by 6.7% to $6.57 billion.
Noninterest-bearing deposits represented 32.9% of total deposits.
The press release does not contain specific forward guidance. The forward-looking statements section outlines potential factors that could affect future results.