NASDAQ : OBT
Orange County Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 38.69 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 518.88M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 121.06M | 115.80M | 106.03M | 96.26M | 69.33M | 57.52M |
| Interest Income on Investments | 19.43M | 19.18M | 21.20M | 21.51M | 14.90M | 6.91M |
| Total Interest Income | 140.50M | 134.98M | 127.23M | 117.77M | 84.22M | 64.43M |
| Interest Paid on Deposits | 23.60M | 27.23M | 27.87M | 19.52M | 4.46M | 2.88M |
| Interest Paid on Borrowings | 2.31M | 3.69M | 7.59M | 9.86M | 1.68M | 1.09M |
| Total Interest Expense | 25.91M | 30.93M | 35.46M | 29.38M | 6.13M | 3.97M |
| Net Interest Income | 114.58M | 104.06M | 91.77M | 88.39M | 78.09M | 60.46M |
| Trust Income | 7.64M | 6.55M | 5.51M | 5.10M | 4.76M | 4.79M |
| Gain (Loss) on Sale of Assets | 1.24M | |||||
| Gain (Loss) on Sale of Investments | -568.00K | 107.00K | ||||
| Other Non-Interest Income | 9.06M | 14.56M | 9.45M | 7.41M | 6.54M | 6.68M |
| Total Non-Interest Income | 13.63M | 23.15M | 15.97M | 13.42M | 12.00M | 12.10M |
| Revenues Before Loan Losses | 128.22M | 127.20M | 107.74M | 101.81M | 90.08M | 72.56M |
| Provision for Loan Losses | 916.00K | 7.75M | 7.71M | 7.87M | 9.52M | 2.43M |
| Revenue | 127.30M | 119.46M | 100.03M | 93.94M | 80.57M | 70.14M |
| Salaries and Employee Benefits | 39.09M | 36.87M | 34.66M | 31.32M | 27.37M | 22.42M |
| Occupancy Expenses | 1.54M | 1.54M | 1.66M | 1.68M | 1.41M | 1.38M |
| Federal Deposit Insurance | 1.03M | 1.32M | 1.31M | 1.40M | 1.41M | 1.20M |
| Amortization of Goodwill & Intangibles | 286.00K | 286.00K | 286.00K | 285.00K | 286.00K | 285.00K |
| Selling, General & Administrative | 24.36M | 22.91M | 20.26M | 17.69M | 16.25M | 15.39M |
| Other Non-Interest Expense | 3.92M | 4.97M | 7.04M | 4.42M | 3.56M | 2.78M |
| Total Non-Interest Expense | 70.23M | 67.90M | 65.21M | 56.79M | 50.29M | 43.46M |
| EBT Excluding Unusual Items | 57.07M | 51.56M | 34.82M | 37.15M | 30.28M | 26.68M |
| Pretax Income | 57.07M | 51.56M | 34.82M | 37.15M | 30.28M | 26.68M |
| Income Tax Expense | 7.21M | 9.94M | 6.93M | 7.67M | 5.91M | 5.39M |
| Net Income | 49.86M | 41.61M | 27.88M | 29.48M | 24.36M | 21.29M |
| Net Income to Common | 49.86M | 41.61M | 27.88M | 29.48M | 24.36M | 21.29M |
| Basic Shares Outstanding | 13.37M | 12.51M | 11.30M | 11.26M | 11.24M | 9.94M |
| Diluted Shares Outstanding | 13.37M | 12.51M | 11.30M | 11.26M | 11.24M | 9.94M |
| EPS (Basic) | 3.73 | 3.33 | 2.47 | 2.62 | 2.17 | 2.14 |
| EPS (Diluted) | 3.73 | 3.33 | 2.47 | 2.62 | 2.17 | 2.14 |
| Dividend Per Share | 0.18 | 0.57 | 0.47 | 0.46 | 0.41 | 0.40 |
| Effective Tax Rate | 12.63% | 19.28% | 19.92% | 20.65% | 19.53% | 20.21% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 244.57M | 204.23M | 150.33M | 147.38M | 86.08M | 306.18M |
| Investment Securities | 386.11M | 167.58M | 186.44M | 199.73M | 216.55M | 194.37M |
| Mortgage-Backed Securities | 251.82M | 257.34M | 290.22M | 316.92M | 270.43M | |
| Total Investments | 386.11M | 419.41M | 443.77M | 489.95M | 533.46M | 464.80M |
| Gross Loans | 1.97B | 1.95B | 1.82B | 1.75B | 1.57B | 1.29B |
| Allowance for Loan Losses | -27.19M | -28.34M | -26.08M | -25.18M | -21.83M | -17.66M |
| Net Loans | 1.94B | 1.92B | 1.79B | 1.72B | 1.55B | 1.27B |
| Property, Plant & Equipment | 15.17M | 19.83M | 19.50M | 19.38M | 18.77M | 17.64M |
| Goodwill | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M |
| Other Intangible Assets | 321.00K | 535.00K | 821.00K | 1.11M | 1.39M | 1.68M |
| Loans Held for Sale | 42.57M | |||||
| Accrued Interest Receivable | 10.54M | 10.38M | 6.68M | 5.93M | 6.32M | 6.64M |
| Long-Term Deferred Tax Assets | 18.30M | 23.66M | 18.84M | 19.10M | 4.09M | |
| Other Long-Term Assets | 93.46M | 59.39M | 70.12M | 75.64M | 69.26M | 62.43M |
| Total Assets | 2.74B | 2.66B | 2.51B | 2.49B | 2.29B | 2.14B |
| Accrued Expenses | 27.79M | 19.80M | 17.42M | 16.68M | 18.62M | 18.70M |
| Interest Bearing Deposits | 1.59B | 284.72M | 402.22M | 339.55M | 51.16M | 112.74M |
| Institutional Deposits | 1.30B | 1.10B | 1.00B | 1.20B | 1.10B | |
| Non-Interest Bearing Deposits | 776.77M | 725.66M | 651.13M | 699.20M | 723.23M | 701.64M |
| Total Deposits | 2.37B | 2.31B | 2.15B | 2.04B | 1.97B | 1.91B |
| Short-Term Borrowings | 113.50M | 224.50M | 131.50M | |||
| Current Portion of Long-Term Debt | 3.00M | |||||
| Current Portion of Leases | 947.00K | |||||
| Long-Term Debt | 24.63M | 24.55M | 19.59M | 19.52M | 19.45M | 19.38M |
| Federal Home Loan Bank Debt, Long-Term | 10.00M | 10.00M | 10.00M | 10.00M | ||
| Long-Term Leases | 3.40M | 3.69M | 3.22M | 4.03M | 3.04M | |
| Pension & Post-Retirement Benefits | 843.00K | 1.06M | 1.17M | 1.18M | 1.25M | |
| Other Long-Term Liabilities | 5.10M | 5.77M | 6.26M | 32.00K | ||
| Total Liabilities | 2.43B | 2.38B | 2.32B | 2.32B | 2.15B | 1.96B |
| Common Stock | 3.35M | 3.34M | 2.84M | 2.84M | 2.84M | 2.84M |
| Retained Earnings | 194.63M | 164.43M | 129.92M | 107.36M | 84.64M | 64.94M |
| Treasury Stock | -199.00K | -199.00K | -375.00K | -1.11M | -1.25M | -1.33M |
| Comprehensive Income & Other | 111.21M | 116.78M | 53.15M | 56.28M | 51.91M | 116.38M |
| Shareholders' Equity | 309.00M | 284.36M | 185.53M | 165.38M | 138.14M | 182.84M |
| Total Liabilities & Equity | 2.74B | 2.66B | 2.51B | 2.49B | 2.29B | 2.14B |
| Total Debt | 34.63M | 38.90M | 146.79M | 257.24M | 154.98M | 25.41M |
| Net Cash (Debt) | 209.94M | 165.33M | 3.55M | -109.86M | -68.89M | 280.76M |
| Net Cash Per Share | 15.71 | 13.22 | 0.31 | -9.76 | -6.13 | 28.25 |
| Filing Date Shares Outstanding | 13.41M | 13.37M | 11.36M | 11.31M | 11.29M | 11.27M |
| Total Common Shares Outstanding | 13.41M | 13.37M | 11.35M | 11.30M | 11.29M | 11.27M |
| Book Value Per Share | 23.04 | 21.27 | 16.35 | 14.63 | 12.24 | 16.22 |
| Tangible Book Value | 303.32M | 278.47M | 179.35M | 158.91M | 131.39M | 175.80M |
| Tangible Book Value Per Share | 22.62 | 20.83 | 15.80 | 14.06 | 11.64 | 15.59 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 41.61M | 27.88M | 29.48M | 24.36M | 21.29M | |
| Depreciation & Amortization | 1.83M | 1.95M | 1.97M | 1.69M | 1.66M | |
| Other Amortization | 76.00K | 71.00K | 73.00K | 71.00K | 69.00K | |
| Gain (Loss) on Sale of Assets | -1.24M | |||||
| Gain (Loss) on Sale of Investments | 1.46M | 1.09M | 1.13M | 1.67M | 2.03M | |
| Provision for Credit Losses | 7.75M | 7.71M | 7.87M | 9.52M | 2.43M | |
| Accrued Interest Receivable | -3.70M | -746.00K | 386.00K | 323.00K | -349.00K | |
| Change in Other Net Operating Assets | 1.20M | -2.12M | 6.63M | -2.31M | -561.00K | |
| Other Operating Activities | -3.73M | -746.00K | -881.00K | -1.91M | -1.20M | |
| Operating Cash Flow | 43.85M | 34.60M | 44.50M | 30.48M | 20.32M | |
| Capital Expenditures | -2.52M | -1.73M | -3.54M | -1.54M | -1.96M | |
| Sale of Property, Plant and Equipment | 2.54M | 421.00K | 435.00K | |||
| Investment in Securities | 46.01M | 40.34M | 42.28M | -145.47M | -144.34M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -137.47M | -73.26M | -179.14M | -279.75M | -134.04M | |
| Other Investing Activities | 17.29M | 4.81M | -4.96M | -7.35M | -10.97M | |
| Investing Cash Flow | -74.15M | -29.42M | -144.92M | -434.11M | -291.31M | |
| Short-Term Debt Issued | 93.00M | 131.50M | ||||
| Long-Term Debt Issued | 24.55M | 10.00M | ||||
| Total Debt Issued | 24.55M | 103.00M | 131.50M | |||
| Short-Term Debt Repaid | -113.50M | -111.00M | ||||
| Long-Term Debt Repaid | -20.00M | -3.00M | ||||
| Total Debt Repaid | -133.50M | -111.00M | -3.00M | |||
| Net Debt Issued (Repaid) | -108.94M | -111.00M | 103.00M | 128.50M | ||
| Issuance of Common Stock | 43.39M | 35.25M | ||||
| Repurchase of Common Stock | -158.00K | -518.00K | -447.00K | -308.00K | -379.00K | |
| Common Dividends Paid | -7.10M | -5.33M | -5.19M | -4.67M | -4.03M | |
| Net Increase (Decrease) in Deposit Accounts | 157.01M | 114.61M | 64.36M | 60.00M | 425.09M | |
| Financing Cash Flow | 84.20M | -2.23M | 161.72M | 183.53M | 455.93M | |
| Net Cash Flow | 53.90M | 2.95M | 61.30M | -220.10M | 184.95M | |
| Free Cash Flow | 41.33M | 32.87M | 40.96M | 28.94M | 18.36M | |
| Free Cash Flow Margin | 34.60% | 32.86% | 43.61% | 35.92% | 26.18% | |
| Free Cash Flow Per Share | 3.30 | 2.91 | 3.64 | 2.57 | 1.85 | |
| Cash Interest Paid | 30.54M | 36.92M | 27.53M | 6.12M | 4.03M | |
| Cash Income Tax Paid | 10.36M | 10.11M | 7.82M | 7.25M | 3.71M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 537.92M | 381.62M | 315.31M | 340.38M | 262.83M | 226.62M |
| Last Close Price | 40.11 | 28.11 | 26.76 | 28.49 | 21.57 | 18.23 |
| PE Ratio | 10.75 | 9.17 | 11.31 | 11.55 | 10.79 | 10.65 |
| PS Ratio | 4.23 | 3.19 | 3.15 | 3.62 | 3.26 | 3.23 |
| PB Ratio | 1.74 | 1.34 | 1.70 | 2.06 | 1.90 | 1.24 |
| P/FCF Ratio | 8.32 | 9.23 | 9.59 | 8.31 | 9.08 | 12.34 |
| P/OCF Ratio | 8.06 | 8.70 | 9.11 | 7.65 | 8.62 | 11.15 |
| Debt / Equity Ratio | 0.11 | 0.14 | 0.79 | 1.55 | 1.12 | 0.14 |
| Debt / FCF Ratio | 0.94 | 4.46 | 6.28 | 5.36 | 1.38 | |
| Net Debt / Equity Ratio | -0.68 | -0.58 | -0.02 | 0.66 | 0.50 | -1.54 |
| Net Debt / FCF Ratio | -4.00 | -0.11 | 2.68 | 2.38 | -15.29 | |
| Return on Equity (ROE) | 17.22% | 17.71% | 15.89% | 19.42% | 15.18% | 13.38% |
| Return on Assets (ROA) | 1.85% | 1.61% | 1.12% | 1.23% | 1.10% | 1.12% |
| Earnings Yield | 9.30% | 10.90% | 8.84% | 8.66% | 9.27% | 9.39% |
| FCF Yield | 12.02% | 10.83% | 10.43% | 12.04% | 11.01% | 8.10% |
| Dividend Yield | 1.80% | 2.00% | 1.69% | 1.53% | 1.78% | 1.99% |
| Payout Ratio | 19.30% | 17.06% | 19.10% | 17.61% | 19.16% | 18.93% |
| Buyback Yield / Dilution | -11.30% | -10.67% | -0.40% | -0.13% | -13.14% | -10.21% |
| Total Shareholder Return | -9.51% | -8.67% | 1.29% | 1.39% | -11.36% | -8.22% |