Orange County Bancorp, Inc. /DE/
Business
Orange County Bancorp, Inc. is a bank holding company that provides full-service commercial and consumer banking, trust, and wealth management services through its subsidiaries Orange Bank & Trust Company and Orange Investment Advisors, Inc. The Company offers deposit accounts, commercial and residential loans, cash management services, and fiduciary services to small businesses, middle-market enterprises, municipalities, and individuals. Operating 16 branch offices and one loan production office primarily in Orange, Westchester, Rockland, and Bronx Counties in New York, the Company targets community-based relationship banking with emphasis on personalized service and local decision-making.
Summary from 10-K filed 2026-03-16
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Interest and fees on loans | 116 | 106 | 96 | 69 | 58 | |
| Taxable | 11 | 12 | 13 | 10 | 5 | |
| Tax exempt | 2 | 2 | 2 | 2 | 2 | |
| Interest on Federal funds sold and other | 6 | 7 | 6 | 3 | 372,000 | |
| TOTAL INTEREST INCOME | 135 | 127 | 118 | 84 | 64 | |
| Savings and NOW accounts | 21 | 20 | 13 | 4 | 2 | |
| Time deposits | 6 | 7 | 6 | 346,000 | 511,000 | |
| FHLB advances | 2 | 7 | 9 | 599,000 | — | |
| Subordinated notes | 2 | 921,000 | 922,000 | 923,000 | 919,000 | |
| TOTAL INTEREST EXPENSE | 31 | 35 | 29 | — | — | |
| NET INTEREST INCOME | 104 | 92 | 88 | 78 | 60 | |
| Provision (recovery) for credit losses - investments | — | −2 | 5 | — | — | |
| Provision for credit losses - loans | 8 | 10 | 3 | 10 | — | |
| NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES | 96 | 84 | 81 | 69 | 58 | |
| Service charges on deposit accounts | 1 | 1 | 809,000 | 693,000 | 638,000 | |
| Trust income | 7 | 6 | 5 | 5 | 5 | |
| Investment advisory income | 8 | 7 | 5 | 5 | 5 | |
| Investment securities gains(losses), net | −568,000 | — | 107,000 | — | — | |
| Earnings on bank owned life insurance | 878,000 | 815,000 | 984,000 | 950,000 | 793,000 | |
| Proceeds from bank owned life insurance benefit | 4 | — | — | — | — | |
| Gain on sale of assets | 1 | — | — | — | — | |
| Other | 3 | 2 | 1 | 1 | 1 | |
| TOTAL NONINTEREST INCOME | 23 | 16 | 13 | 12 | 12 | |
| Salaries | 28 | 27 | 25 | 22 | 20 | |
| Employee benefits | 10 | 9 | 7 | 6 | 3 | |
| Occupancy expense | 5 | 5 | 5 | 4 | 4 | |
| Professional fees | 6 | 6 | 5 | 4 | 4 | |
| Directors' fees and expenses | 1 | 1 | 1 | — | — | |
| Computer software expense | 8 | 6 | 5 | 5 | 5 | |
| FDIC assessment | 1 | 1 | 1 | 1 | 1 | |
| Advertising expenses | 2 | 2 | 2 | 2 | 1 | |
| Advisor expenses related to trust income | 90,000 | 113,000 | 120,000 | 215,000 | 533,000 | |
| Telephone expenses | 868,000 | 746,000 | 712,000 | 679,000 | 556,000 | |
| Intangible amortization | 286,000 | 286,000 | 285,000 | 286,000 | 285,000 | |
| Other | 5 | 7 | 4 | 4 | 3 | |
| TOTAL NONINTEREST EXPENSE | 68 | 65 | 57 | 50 | 43 | |
| Income before income taxes | 52 | 35 | 37 | 30 | 27 | |
| Provision for income taxes | 10 | 7 | 8 | 6 | 5 | |
| NET INCOME | 42 | 28 | 29 | 24 | 21 | |
| Basic earnings per share (in dollars per share) | 3.33 | 2.47 | 2.62 | 4.33 | 4.28 | |
| Diluted earnings per share (in dollars per share) | 3.33 | 2.47 | 2.62 | 4.33 | 4.28 | |
| Weighted average shares outstanding, Basic (in shares) | 13 | 11 | 11 | 6 | 5 | |
| Weighted average shares outstanding, Diluted (in shares) | 13 | 11 | 11 | 6 | 5 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and due from banks | 204 | 150 | 147 | 86 | 306 | |
| Investment securities - available-for-sale (amortized cost $472,097, net of allowance for credit losses of $0 at December 31, 2025 and $519,567, net of allowance for credit losses of $0 at December 31, 2024) | 419 | 444 | 490 | 533 | — | |
| Restricted investment in bank stocks | 6 | 10 | 15 | 10 | 2 | |
| Loans | 1,950 | 1,816 | 1,747 | 1,569 | — | |
| Allowance for credit losses | −28 | −26 | −25 | −22 | −18 | |
| Loans, net | 1,922 | 1,790 | 1,722 | 1,548 | — | |
| Premises and equipment, net | 15 | 16 | 16 | 15 | 15 | |
| Accrued interest receivable | 10 | 7 | 6 | 6 | 7 | |
| Bank owned life insurance | 33 | 42 | 41 | 40 | 40 | |
| Goodwill | 5 | 5 | 5 | 5 | 5 | |
| Intangible assets | 535,000 | 821,000 | 1 | 1 | 2 | |
| Other assets | 44 | 46 | 42 | 42 | 28 | |
| TOTAL ASSETS | 2,659 | 2,510 | 2,485 | 2,287 | 2,143 | |
| Noninterest bearing | 726 | 651 | 699 | 723 | 702 | |
| Interest bearing | 1,585 | 1,502 | 1,340 | 1,251 | 1,213 | |
| Total deposits | 2,310 | 2,153 | 2,039 | 1,974 | 1,914 | |
| FHLB advances, short term | — | 114 | 225 | 132 | — | |
| FHLB advances, long term | 10 | 10 | 10 | — | — | |
| Subordinated notes, net of issuance costs | 25 | 20 | 20 | 19 | 19 | |
| Accrued expenses and other liabilities | 30 | 28 | 27 | 24 | 23 | |
| TOTAL LIABILITIES | 2,375 | 2,324 | 2,320 | 2,149 | 1,960 | |
| Common stock, $0.25 par value; 30,000,000 shares authorized; 13,376,464 and 11,366,608 issued; 13,368,447 and 11,350,158 outstanding, at December 31, 2025 and December 31, 2024, respectively | 3 | 3 | 3 | 3 | 3 | |
| Surplus | 165 | 121 | 120 | 120 | 120 | |
| Retained Earnings | 164 | 130 | 107 | 2 | 65 | |
| Accumulated other comprehensive income (loss), net of taxes | −48 | −68 | −64 | −68 | −3 | |
| Treasury stock, at cost; 8,017 and 16,450 shares at December 31, 2025 and December 31, 2024, respectively | −199,000 | −375,000 | −1 | −1 | −1 | |
| TOTAL STOCKHOLDERS' EQUITY | 284 | 186 | 165 | 138 | 183 | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 2,659 | 2,510 | 2,485 | 2,287 | 2,143 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income | 42 | 28 | 29 | 24 | 21 | |
| Provision for credit losses | 8 | 8 | 8 | 10 | — | |
| Depreciation | 2 | 2 | 2 | 1 | 1 | |
| Accretion on loans | −3 | −2 | −3 | −4 | −6 | |
| Amortization of subordinated notes issuance costs | 76,000 | 71,000 | 73,000 | 71,000 | 69,000 | |
| Deferred income tax provision (benefit) | 240,000 | 69,000 | 103,000 | −958,000 | −403,000 | |
| Charges on redemption of subordinated notes | 500,000 | — | — | — | — | |
| Restricted stock expense | — | 5,000 | 53,000 | 166,000 | 475,000 | |
| Stock-based compensation | 1 | 2 | 818,000 | 503,000 | 69,000 | |
| Net amortization of investment premiums | 889,000 | 1 | 1 | 2 | 2 | |
| Accrued interest receivable | −4 | −746,000 | 386,000 | 323,000 | −349,000 | |
| Other assets | −1 | −3 | 3 | −3 | −6 | |
| Other liabilities | 3 | 611,000 | 3 | 863,000 | 5 | |
| Net cash from operating activities | 44 | 35 | 45 | 30 | 20 | |
| Purchases of investment securities available-for-sale | −23 | −5 | −7 | −212 | −258 | |
| Proceeds from sale of investment securities available-for-sale | 14 | — | 7 | — | — | |
| Proceeds from paydowns of investment securities available-for-sale | 38 | 36 | 38 | 58 | 84 | |
| Proceeds from maturities and calls of investment securities available-for-sale | 17 | 10 | 4 | 9 | 30 | |
| Purchase of restricted investment in bank stocks | −50 | −56 | −54 | −12 | −783,000 | |
| Proceeds from redemptions of restricted investment in bank stocks | 54 | 60 | 49 | 5 | — | |
| Net decrease (increase) in loans | −137 | −73 | −179 | −280 | −126 | |
| Purchases of premises and equipment | −3 | −2 | −4 | −2 | −2 | |
| Disposal of premises and equipment | — | 46,000 | 435,000 | — | — | |
| Proceeds from sale of premises and equipment | 3 | 375,000 | 435,000 | — | — | |
| Proceeds from bank owned life insurance | 13 | — | — | — | — | |
| Net cash from/(used) by investing activities | −74 | −29 | −145 | −434 | −291 | |
| Net increase in deposits | 157 | 115 | 64 | 60 | 425 | |
| Net change in FHLB advances, short term | −114 | −111 | 93 | 132 | — | |
| Redemption of subordinated notes | −20 | — | — | — | — | |
| Issuance of subordinated notes, net of issuance costs | 25 | — | — | — | — | |
| Capital raise, net of issuance costs | 43 | — | — | — | 35 | |
| Cash dividends paid | −7 | −5 | −5 | −5 | −4 | |
| Purchases of treasury stock | −158,000 | −518,000 | −447,000 | −308,000 | −379,000 | |
| Net cash from/(used) financing activities | 84 | −2 | 162 | 184 | 456 | |
| Net change in cash and cash equivalents | 54 | 3 | 61 | −220 | 185 | |
| Interest paid | 31 | 37 | 28 | 6 | 4 | |
| Income taxes paid | 10 | 10 | 8 | 7 | 4 | |
| Lease liabilities arising from obtaining right-of-use assets | 2 | 513,000 | 1 | 1 | 993,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Orange County Bancorp, Inc. /DE/'s CIK number?
Orange County Bancorp, Inc. /DE/'s SEC CIK number is 0001754226 (1754226). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Orange County Bancorp, Inc. /DE/'s SEC filings?
All of Orange County Bancorp, Inc. /DE/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Orange County Bancorp, Inc. /DE/ last report earnings?
Orange County Bancorp, Inc. /DE/ (OBT) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000943374-26-000176). This is Orange County Bancorp, Inc. /DE/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Orange County Bancorp, Inc. /DE/'s most recent earnings 8-K?
Orange County Bancorp, Inc. /DE/'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0000943374-26-000176. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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