Orange County Bancorp Inc (OBT) News & EventsOBTOrange County Bancorp Inc

Bank Reports Q1 Book Value Per Share Grows to $21.75

Reports Q1 book value per share grew to $21.75, while tangible book value per share increased to $21.32. The bank's Tier 1 capital-to-average-assets ratio was 12.80%. Reports Q1 net interest margin increased 45 basis points to 4.40%. Provision for credit losses reflected a net recovery of $436K, and net charge-offs for the quarter were 0.00%. "I am pleased to announce record first quarter financial results for the Bank led by growth of our low-cost deposit base and continued strength in our net interest margin," said CEO Michael Gilfeather.

Company Reports Q4 Net Interest Income of $28.3 Million

Reports Q4 net interest income $28.3M vs. $23.1M last year. Reports Q4 net interest margin 4.44% vs. 3.78% last year. "I am pleased to announce momentum we saw through the first three quarters of 2025 continued through year end, resulting in record earnings of $12.4 million, or $0.93 per basic and diluted share, and $41.6 million, or $3.33 per basic and diluted share, for the fourth quarter and full year, respectively," said CEO Michael Gilfeather.

Orange County Bancorp Increases Cash Dividend to 18 Cents per Share

Orange County Bancorp announced a 5c increase and a declaration of a 18c cash dividend per share of its common stock. The dividend will be paid on December 16 to shareholders of record on December 4.