Report|8 Feb 2024

Origin Bancorp, Inc. Surveillance Report

Company Profile

  • Origin Bancorp, Inc. (NYSE: OBK) (“Origin” or “the company”) is a $9.7 billion-asset holding company headquartered in Ruston, LA, and is the holding company of Origin Bank (“the bank”), which was founded in 1912 in Choudrant, LA. OBK currently operates more than 60 banking locations spanning Dallas/Fort Worth, East Texas, and Houston, into North Louisiana and Mississippi. With a leading deposit market share in Louisiana currently (1st among North LA headquartered banks), OBK has diversified the footprint into North MS and TX over the years, achieved through whole bank acquisitions, de novo branch expansion, and team lift outs.
  • OBK remains largely focused on organic growth, though in the past few years has taken advantage of opportunistic M&A, closing three insurance agency transactions since 2018. The most recent deals closed in 4Q21, with Origin acquiring the remaining 62% equity interest in The Lincoln Agency, as well as The Pulley-White Insurance…
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