Origin Bancorp, Inc. reported a strong fourth quarter and full year for 2022. Net income for the quarter ended December 31, 2022, was $29.5 million, or $0.95 diluted earnings per share. The company's fully tax-equivalent net interest margin was 3.81%.
Net income was $29.5 million, or $0.95 diluted earnings per share.
Adjusted net income was $30.4 million, or $0.99 adjusted diluted earnings per share.
Net interest margin was 3.81%.
Net interest income increased by 56.4% compared to the prior year quarter.
Origin Bancorp does not provide explicit forward guidance in this earnings report. The report focuses on the results of the past quarter and year.
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