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Origin Bancorp, Inc. Announces Entry Into Birmingham, Alabama Hires Will Hawkins, Nick Petelos, Adam Pierce, and Nathan Nix

(Neutral)
(Very Positive)
Tags

Origin Bancorp (NYSE: OBK) announced expansion into Birmingham, Alabama and the hiring of a local banking team led by Market Leader Will Hawkins. The hires also include Nick Petelos, Adam Pierce, and Nathan Nix. Origin operates more than 57 locations and established its Southeast region in 2024. The Bank intends to open a Birmingham location in the near future, pending required regulatory approvals.

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Positive

  • Entry into Birmingham market
  • Market leader hire: Will Hawkins, 32+ years experience
  • Southeast expansion: 3 banking centers since 2024

Negative

  • Birmingham branch opening pending regulatory approvals

News Market Reaction – OBK

-0.19%
-0.19% Session close to close

In the Apr 30 session, OBK declined 0.19%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Origin Bancorp’s continued geographic expansion with an entry into Birm...
Analysis

This announcement highlights Origin Bancorp’s continued geographic expansion with an entry into Birmingham and a seasoned team bringing 20–32+ years of experience each. It builds on the Southeast region established in 2024, where three banking centers have supported strategic organic growth. Investors may watch how quickly the Birmingham office contributes within the company’s 57+-location network and track future disclosures or filings for updates on performance in this new market.

Key Figures

Branch locations: more than 57 locations Southeast banking centers: three banking centers Experience – Will Hawkins: more than 32 years +5 more
8 metrics
Branch locations more than 57 locations Current footprint across TX, LA, MS, AL and FL Panhandle
Southeast banking centers three banking centers Established in Southeast region since 2024
Experience – Will Hawkins more than 32 years Commercial lending and business banking background
Experience – Nick Petelos more than 30 years Commercial and business banking in Birmingham area
Experience – Adam Pierce more than 20 years Commercial lending, portfolio management, business development
Annual meeting attendance 26,322,719 shares represented Out of 30,981,298 eligible at 2026 annual meeting (8-K, Apr 27, 2026)
Total assets $9.72 billion At Dec 31, 2025 (10-K filing)
Loans and deposits $7.67B loans, $8.31B deposits At Dec 31, 2025 (10-K filing)

Historical Context

5 past events · Latest: Apr 22 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 22 Dividend declaration Positive +4.0% Announced quarterly cash dividend of $0.25 per common share.
Apr 22 Earnings release Positive +4.0% Reported Q1 2026 net income, record net interest income and higher dividend.
Apr 10 Earnings call notice Neutral -1.3% Announced timing of Q1 2026 earnings release and conference call.
Jan 28 Dividend declaration Positive +4.5% Declared quarterly cash dividend of $0.15 per share.
Jan 28 Earnings release Neutral +4.5% Reported Q4 and full-year 2025 earnings results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent dividend and earnings announcements have generally coincided with positive price reactions, suggesting the stock has responded constructively to fundamental updates.

Recent Company History

Over the past six months, Origin Bancorp has focused on shareholder returns and fundamental execution, including dividend declarations on Jan 28, 2026 and Apr 22, 2026, both followed by gains of about 4–4.5%. Earnings releases for Q4 2025 and Q1 2026 also saw similar positive moves. Today’s Birmingham market entry and team hires extend that growth trajectory, building on the regional expansion and balance sheet progress highlighted in prior filings and earnings updates.

Key Terms

holding company, commercial lending, private banking, portfolio management, +1 more
5 terms
holding company financial
"Origin Bancorp, Inc. (NYSE: OBK) … the holding company for Origin Bank"
A holding company is an organization that owns enough shares of other businesses to control them but usually does not run their day-to-day operations. Think of it as an umbrella or parent that lets investors gain exposure to several companies through one vehicle; its value depends on the performance, risks, dividends and debts of the companies it holds, so it matters for assessing diversification, control and consolidated financial health.
commercial lending financial
"has an extensive knowledge of commercial lending and business banking"
Commercial lending is when banks or other lenders provide loans and credit to businesses for things like buying equipment, expanding operations, or managing cash flow. Investors care because these loans drive banks’ interest income and reflect how healthy the economy and businesses are; like lending a friend money to grow a shop, the risk of not being repaid or the value of collateral affects returns and can signal rising or falling credit stress in the market.
private banking financial
"a Birmingham native with expertise in private banking, portfolio management, and credit"
Private banking is a set of personalized financial services—investment advice, tailored credit, tax and estate planning—offered to wealthy individuals and families, like having a dedicated financial concierge. It matters to investors because private banks steer large pools of client capital, generate fee income, and can influence market flows; shifts in private-banking activity signal changes in wealth behavior, risk appetite, and fee-based revenue for financial firms.
portfolio management financial
"specializing in commercial lending, portfolio management and business development"
Portfolio management is the process of selecting, organizing, and overseeing a collection of investments to achieve specific financial goals. It involves making decisions about where to put money, balancing risk and reward, and adjusting the mix of investments over time, much like a gardener tending to different plants to ensure a healthy, thriving garden. This helps investors grow their wealth steadily while managing potential losses.
regulatory approvals regulatory
"in the near future, pending receipt of all required regulatory approvals"
Regulatory approvals are official permissions from government agencies that a company needs before launching a new product, service, or business activity. They matter because without this approval, the company might not be allowed to operate legally or sell its products, similar to how a driver needs a license to legally drive a car.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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RUSTON, La., April 29, 2026 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (NYSE: OBK) (“Origin,” “we,” “our” or the “Company”), the holding company for Origin Bank (the “Bank”), today announced its entry into Birmingham, further expanding its presence in Alabama. The Bank has also announced that long-time local banker Will Hawkins has been hired to serve as Market Leader in Birmingham.

“Our expansion into Birmingham is a natural next step for Origin as we continue to strategically grow with purpose,” said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. “We’ve built strong momentum within the southeast, and establishing a presence in this market with this team is an exciting continuation of our long-term commitment to serving Alabama in a meaningful way.”

Hawkins brings more than 32 years of experience to Origin and has an extensive knowledge of commercial lending and business banking. He has previously served in senior leadership roles, building and leading teams that have developed strong client relationships throughout the Greater Birmingham area. Hawkins is a graduate of the University of Alabama at Birmingham and has completed specialized courses through the American Bankers Association and Community Bankers Association of Alabama. As a lifelong resident of Birmingham, he is actively engaged in the community where he and his wife, Michele, have raised six children together.

“As other banks are consolidating, Origin is investing. We believe great organizations are built by great people, and this team reflects exactly that,” said Lance Hall, president and CEO of Origin Bank. “Their reputation, integrity, and commitment to relationships align with who we are at Origin, and we’re excited about the impact they will make in Birmingham and beyond.”

Also joining the Bank in Birmingham are:

  • Nick Petelos, a veteran banker with more than 30 years of experience in commercial and business banking. Petelos was born and raised in Birmingham and graduated Cum Laude from The University of Alabama. He and his wife Yvonne have two sons that both attend his alma mater, Briarwood Christian School.

  • Adam Pierce, a relationship-driven banker of more than 20 years, specializing in commercial lending, portfolio management and business development. He earned his undergraduate degree from Auburn University and a Master of Business Administration from the University of Alabama at Birmingham. Pierce currently serves on the board of directors for the Coastal Conservation Association of Birmingham and is the outgoing chairman of the Birmingham Chapter of Delta Waterfowl. He and his wife Melissa have two boys and two girls ranging from ages 6-16.

  • Nathan Nix, a Birmingham native with expertise in private banking, portfolio management, and credit. Nix is a graduate of The University of Alabama and is passionate about serving clients and his community.

“Attracting a team of this caliber speaks to the strength of the Origin culture,” said Nate Sommer, Southeast regional president of Origin Bank. “This group is deeply invested in the community and has the expertise to deliver solutions that support the dynamic growth in this area.”

Origin currently operates more than 57 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana, Mississippi, Alabama and the Florida Panhandle. The more than century-old institution established its Southeast region in 2024 with its entry into South Alabama and the Florida Panhandle. Since then, it has established three banking centers within the region that have helped fuel strategic and disciplined organic growth.

The Bank intends to establish a Birmingham location in the near future, pending receipt of all required regulatory approvals.

About Origin Bancorp, Inc.

Origin Bancorp, Inc. is a financial holding company headquartered in Ruston, Louisiana. Origin’s wholly owned bank subsidiary, Origin Bank, was founded in 1912 in Choudrant, Louisiana. Deeply rooted in Origin’s history is a culture committed to providing personalized relationship banking to businesses, municipalities, and personal clients to enrich the lives of the people in the communities it serves. Origin provides a broad range of financial services and currently operates more than 57 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana, Mississippi, South Alabama and the Florida Panhandle. In addition, Origin provides a broad range of insurance agency products and services through its wholly owned insurance agency subsidiary, Forth Insurance, LLC. For more information, visit www.origin.bank and www.forthinsurance.com.

Contact Information
Investor Relations
Chris Reigelman
318-497-3177
chris@origin.bank

Media Contact
Ryan Kilpatrick
318-232-7472
rkilpatrick@origin.bank


FAQ

What did Origin Bancorp (OBK) announce about entering Birmingham on April 29, 2026?

Origin Bancorp announced it is entering Birmingham, Alabama and has hired a local banking team in the market. According to Origin Bancorp, hires include Market Leader Will Hawkins and three senior bankers, and a branch will open pending regulatory approvals in the near future.

Who is Will Hawkins and what is his role at Origin Bank in Birmingham (OBK)?

Will Hawkins will serve as Market Leader for Origin Bank's new Birmingham market, bringing local experience. According to Origin Bancorp, Hawkins has more than 32 years of commercial lending and business banking experience and deep community ties in Birmingham and local relationships.

When will Origin Bank open its Birmingham branch and is there a timeline for OBK?

Origin plans to establish a Birmingham branch in the near future, subject to required regulatory approvals. According to Origin Bancorp, timing depends on completion of approvals; no firm opening date was provided in the announcement as of April 29, 2026.

How many locations does Origin Bancorp (OBK) operate and what is its Southeast history?

Origin currently operates more than 57 locations across several states, including Alabama and the Florida Panhandle. According to Origin Bancorp, the Southeast region was established in 2024 and the company has opened three banking centers there since then, supporting organic growth.

What experience do Nick Petelos, Adam Pierce, and Nathan Nix bring to Origin Bank in Birmingham (OBK)?

Petelos, Pierce, and Nix bring decades of commercial banking, lending, portfolio management and private banking experience to Origin. According to Origin Bancorp, Petelos has 30+ years, Pierce 20+ years with an MBA, and Nix has private banking and credit expertise.