Orange County Bancorp, Inc. ( (OBT) ) has released its Q3 earnings. Here is a breakdown of the information Orange County Bancorp, Inc. presented to its investors.
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Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Co. and Orange Investment Advisors, operates in the financial services sector, providing banking and investment advisory services primarily in the Orange County region.
In its latest earnings report, Orange County Bancorp, Inc. announced a record net income of $10.0 million for the third quarter of 2025, marking a significant increase of 211.5% compared to the same period in 2024. The company attributes this growth to increased net interest income and non-interest income, alongside a reduction in credit loss provisions.
Key financial highlights include a 17.3% increase in net interest income to $27.0 million and a 45 basis point rise in net interest margin to 4.26%. Total loans grew by 6.6% to $1.9 billion, while total deposits increased by 5.8% to $2.3 billion. Additionally, the company’s book value per share saw a notable increase of 23.6% to $20.21. The wealth management division also reported growth, with trust and investment advisory income rising by 13.3% to $3.5 million.
Looking forward, the management remains optimistic about navigating potential challenges such as interest rate fluctuations and geopolitical risks, emphasizing the strength of their regional business bank strategy and the seasoned expertise of their team. The company continues to focus on maintaining robust loan growth and deposit acquisition while managing costs effectively.