STOCK TITAN
  1. Home
  2. Sec-filings
  3. OBK
  4. [8-K] Origin Bancorp, Inc. Reports Material Event

Origin Bancorp (NYSE: OBK) grows loans, raises dividend 67% after Q1 2026

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Origin Bancorp, Inc. reported first quarter 2026 net income of $27.7 million, or $0.89 diluted EPS, compared with $29.5 million, or $0.95, in the prior quarter. Pre-tax, pre-provision earnings were $40.2 million, essentially flat versus $40.6 million.

Net interest income reached a record $87.2 million, up 0.6% from the prior quarter, with a fully tax-equivalent net interest margin of 3.71% and net interest spread of 2.89%. Annualized ROAA was 1.11%, slightly lower than in the previous quarter.

Total loans held for investment were $7.86 billion, up 2.5% from December 31, 2025, while total deposits were $8.76 billion, up 5.4%. Credit quality remained stable, with nonperforming loans at 1.11% of loans and net charge-offs at 0.15% of average loans.

During the quarter, Origin repurchased 165,500 shares at an average price of $41.27 and ended with tangible book value per share of $35.61. The board increased the quarterly cash dividend from $0.15 to $0.25 per share, payable May 29, 2026 to shareholders of record on May 15, 2026.

Positive

  • The quarterly cash dividend was raised from $0.15 to $0.25 per share, a 67% increase, indicating strong capital position and confidence in ongoing earnings.
  • Net interest income reached a record $87.2 million in Q1 2026, while NIM-FTE of 3.71% and a net interest spread of 2.89% show resilient core profitability despite lower benchmark rates.

Negative

  • None.

Insights

Solid Q1 with record net interest income and a sharply higher dividend.

Origin Bancorp delivered Q1 2026 net income of $27.7 million and PTPP earnings of $40.2 million, essentially flat versus Q4. Net interest income hit a record $87.2 million, while NIM-FTE of 3.71% dipped only two basis points.

Balance sheet growth was healthy, with loans at $7.86 billion and deposits at $8.76 billion. Credit metrics remained controlled: nonperforming loans were 1.11% of loans and net charge-offs ran at 0.15% annualized, while the allowance stayed at 1.26% of loans.

Capital return accelerated. The company repurchased 165,500 shares at $41.27 and raised the quarterly dividend from $0.15 to $0.25 per share, a 67% increase. These moves signal confidence in earnings durability and balance sheet strength heading into 2026.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Net income $27.7 million Quarter ended March 31, 2026
Diluted EPS $0.89 per share Quarter ended March 31, 2026
Net interest income $87.2 million Quarter ended March 31, 2026; record level
NIM-FTE 3.71% Quarter ended March 31, 2026, down two basis points from Q4 2025
Total loans held for investment $7.86 billion Balance at March 31, 2026; up 2.5% from December 31, 2025
Total deposits $8.76 billion Balance at March 31, 2026; up 5.4% from December 31, 2025
Quarterly dividend $0.25 per share Declared for payment on May 29, 2026; previously $0.15
Share repurchases 165,500 shares at $41.27 Repurchased in Q1 2026, including commissions and excise taxes
Pre-tax, pre-provision ("PTPP") earnings financial
"Pre-tax, pre-provision (“PTPP”)(1) earnings were $40.2 million for the quarter ended March 31, 2026"
net interest margin ("NIM-FTE") financial
"Our fully tax equivalent net interest margin (“NIM-FTE”) declined two basis points to 3.71% for the quarter ended March 31, 2026"
allowance for loan credit losses ("ALCL") financial
"The ALCL totaled $99.0 million as of March 31, 2026, a $2.2 million increase compared to the ALCL as of December 31, 2025"
nonperforming assets financial
"Total nonperforming assets were $88,273 at March 31, 2026 compared to $81,878 at December 31, 2025"
Nonperforming assets are loans or investments that are not generating expected payments or returns because the borrower has fallen behind on payments or the investment has lost value. They matter to investors because a high level of nonperforming assets can indicate financial trouble for a bank or institution, potentially affecting its stability and profitability.
tangible book value per common share financial
"Tangible book value per common share (1) was 35.61 at 1Q26, reflecting an increase of 0.57"
A per-share measure of the company’s tangible net asset value available to common shareholders after removing intangible items (like goodwill, brand value, and patents) and any preferred shareholder claims. Think of it as the amount each common share would get if the company sold only its physical and financial assets and settled priority claims. Investors use it as a conservative baseline to judge whether a stock is cheaply priced relative to the company’s hard-asset backing.
Offering Type earnings_snapshot

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Understanding 8-K Material Events →

FAQ

How did Origin Bancorp (OBK) perform financially in Q1 2026?
Origin Bancorp reported Q1 2026 net income of $27.7 million, or $0.89 diluted EPS, compared with $29.5 million, or $0.95, in Q4 2025. Pre-tax, pre-provision earnings were $40.2 million, only slightly below $40.6 million in the linked quarter, reflecting stable core performance.

What were Origin Bancorp’s key margin and interest income metrics for Q1 2026?
In Q1 2026, Origin Bancorp generated record net interest income of $87.2 million, up 0.6% from Q4 2025. Its fully tax-equivalent net interest margin was 3.71%, while the average yield on interest-earning assets was 5.56% and the average rate on interest-bearing liabilities was 2.67%.

How did Origin Bancorp’s loans and deposits change in Q1 2026?
Total loans held for investment rose to $7.86 billion at March 31, 2026, up 2.5% from December 31, 2025. Total deposits increased to $8.76 billion, a 5.4% linked-quarter rise, supported by both core growth and the repurchase of $215.0 million of interest-bearing deposits early in the quarter.

What is Origin Bancorp’s credit quality profile as of Q1 2026?
At March 31, 2026, nonperforming loans were $87.3 million, or 1.11% of loans, and total nonperforming assets were $88.3 million, or 0.87% of assets. Net charge-offs were $2.8 million, equal to 0.15% of average loans annualized, with the allowance covering 1.26% of loans.

Did Origin Bancorp repurchase shares in Q1 2026 and what is its tangible book value?
Yes. Origin repurchased 165,500 shares of common stock in Q1 2026 at an average price of $41.27 per share. Tangible book value per common share was $35.61 at March 31, 2026, up from $35.04 at December 31, 2025, reflecting retained earnings growth.

What dividend will Origin Bancorp pay following its Q1 2026 results?
The board declared a quarterly cash dividend of $0.25 per share, up from $0.15 previously. The dividend will be paid on May 29, 2026, to shareholders of record as of the close of business on May 15, 2026, highlighting stronger capital returns.
0001516912false00015169122026-04-222026-04-22

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
April 22, 2026
ORIGIN BANCORP, INC.
(Exact name of Registrant as specified in its charter)
Louisiana001-3848772-1192928
(State or other jurisdiction of incorporation)(Commission File No.)(I.R.S. Employer Identification No.)

500 South Service Road East
Ruston, Louisiana 71270
(Address of principal executive offices including zip code)
(318) 255-2222
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $5.00 per shareOBKNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨




ITEM 2.02Results of Operations and Financial Condition
On April 22, 2026, Origin Bancorp, Inc. (the "Company" or the "Registrant") issued a press release announcing its first quarter 2026 results of operations. A copy of the press release is attached hereto as Exhibit 99.1, which is incorporated herein by reference.
On Thursday, April 23, 2026, at 8:00 a.m. Central Time, the Company will host an investor conference call and webcast to review its first quarter 2026 financial results. The webcast will include presentation materials, which consist of information regarding the Company's results of operations and financial performance. The presentation materials will be posted on the Company's website on April 22, 2026. The presentation materials are attached hereto as Exhibit 99.2, which is incorporated herein by reference.
As provided in General Instructions B.2 to Form 8-K, the information furnished in Item 2.02, Exhibit 99.1 and Exhibit 99.2 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
ITEM 8.01Other Events
On April 22, 2026, the Company issued a press release announcing that the board of directors of the Company declared a quarterly cash dividend of $0.25 per share of its common stock. The cash dividend will be paid on May 29, 2026, to stockholders of record as of the close of business on May 15, 2026. The press release is attached hereto as Exhibit 99.3, and incorporated herein by reference.
ITEM 9.01Financial Statements and Exhibits
(d)Exhibits.
Exhibit 99.1
Press release, dated April 22, 2026, announcing first quarter 2026 earnings
Exhibit 99.2
Presentation materials
Exhibit 99.3
Press release, dated April 22, 2026, announcing quarterly dividend
Exhibit 104Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: April 22, 2026
ORIGIN BANCORP, INC.
By: /s/ William J. Wallace, IV
William J. Wallace, IV
Senior Executive Officer and Chief Financial Officer



Exhibit 99.1
For Immediate Release
obnklogoa52a.jpg
ORIGIN BANCORP, INC. REPORTS EARNINGS FOR FIRST QUARTER 2026
RUSTON, Louisiana (April 22, 2026) - Origin Bancorp, Inc. (NYSE: OBK) (“Origin,” “we,” “our” or the “Company”), the holding company for Origin Bank (the “Bank”), today announced net income of $27.7 million, or $0.89 diluted earnings per share (“EPS”) for the quarter ended March 31, 2026, compared to net income of $29.5 million, or $0.95 diluted EPS, for the quarter ended December 31, 2025. Pre-tax, pre-provision (“PTPP”)(1) earnings were $40.2 million for the quarter ended March 31, 2026, compared to $40.6 million for the linked quarter.
“I am proud of our results this quarter and the strategic path that we are on as we continue to Optimize Origin in all that we do,” said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. “We have been deliberate in building a business that can deliver strong, long-term performance, and the first quarter is another example of that progress.”

(1) PTPP earnings is a non-GAAP financial measure, please see the last few pages of this document for a reconciliation of this alternative financial measure to its most directly comparable GAAP measure.
Optimize Origin
•In January 2025, we announced our Optimize Origin initiative to drive elite financial performance and enhance our award-winning culture, and it continues to be an important part of our corporate DNA.
•Built on three primary pillars:
◦Productivity, Delivery & Efficiency
◦Balance Sheet Optimization
◦Culture & Employee Engagement
•As announced in our Fourth Quarter and Full Year 2025 Earnings Release, we updated our near term ROAA run rate target to 1.15% or higher by 4Q26, as we continue towards our ultimate target of a top quartile ROAA.
Financial Highlights
•Net interest income was $87.2 million for the quarter ended March 31, 2026, reflecting an increase of $550,000, or 0.6%, compared to the linked quarter and is at its highest level ever recorded.
•Our fully tax equivalent net interest margin (“NIM-FTE”) declined two basis points to 3.71% for the quarter ended March 31, 2026, compared to the quarter ended December 31, 2025. Our net interest spread increased to 2.89%, or nine basis points, compared to the linked quarter and is at its highest level since the quarter ended December 31, 2022.
•Annualized ROAA was 1.11% for the quarter ended March 31, 2026, reflecting a decrease of eight basis points, compared to the quarter ended December 31, 2025.
•Total loans held for investment (“LHFI”) were $7.86 billion at March 31, 2026, reflecting an increase of $193.3 million, or 2.5%, compared to December 31, 2025. LHFI, excluding mortgage warehouse lines of credit (“mortgage warehouse LOC”), were $7.34 billion at March 31, 2026, reflecting an increase of $199.8 million, or 2.8%, compared to December 31, 2025.
1

•Total deposits were $8.76 billion at March 31, 2026, reflecting an increase of $449.0 million, or 5.4%, compared to December 31, 2025, which includes an increase in interest-bearing deposits of $215.0 million that were repurchased on January 2, 2026, immediately following the sale of such deposits on December 31, 2025.
•During the quarter ended March 31, 2026, we repurchased 165,500 shares of our common stock at an average price of $41.27 per share, including commissions and applicable excise taxes.
•During April 2026, our board approved an increase in our quarterly dividend from $0.15 to $0.25 per share, a 67% increase, reflecting balance sheet strength and earnings durability.
Results of Operations for the Quarter Ended March 31, 2026
Net Interest Income and Net Interest Margin
Net interest income for the quarter ended March 31, 2026, was $87.2 million, an increase of $550,000, or 0.6%, compared to the quarter ended December 31, 2025. The expansion in net interest income was primarily driven by a $3.9 million decrease in interest expense, mainly offset by a $3.3 million decrease in interest income.
The $3.9 million decrease in interest expense was mainly attributable to reductions of $2.3 million and $1.1 million in interest expense on money market deposit and subordinated debentures, respectively. The reduction in interest expense on money market deposits was primarily due to lower interest rates, as the average interest rate paid on money market deposits declined 22 basis points to 2.88%, from 3.10% for the quarter ended December 31, 2025. The lower interest expense on subordinated debentures was primarily attributable to the redemption of $74.0 million of subordinated debentures during the quarter ended December 31, 2025.
The $3.3 million decrease in interest income was primarily due to a $5.1 million decrease in interest income on loans held for investment, partially offset by a $2.0 million increase in interest income on interest-earning balances due from banks. The decrease in interest income on loans held for investment was mainly attributable to lower yields and two fewer calendar days, which reduced interest income by $3.1 million and $2.5 million, respectively, partially offset by higher average balances. Of the $3.1 million decrease in interest income attributable to lower yields, $1.4 million, $906,000 and $500,000 were attributable to commercial and industrial, commercial real estate, and multifamily residential real estate loans, respectively. Average balances in loans held for investment increased by $24.2 million to $7.64 billion, from $7.61 billion during the quarter ended December 31, 2025. The increase in interest income on interest-earning balances due from banks was primarily driven by higher average balances, which increased to $714.0 million, from $435.2 million for the quarter ended December 31, 2025, as deposit growth outpaced loan originations.
The Federal Reserve Board sets various benchmark rates, including the federal funds rate, and thereby influences the general market rates of interest, including loan and deposit rates offered by financial institutions. On October 29, 2025, and December 10, 2025, the Federal Reserve Board reduced the federal funds target rate range by 25 basis points each, to a range of 3.50% to 3.75%, and has maintained the federal funds target rate unchanged since December 10, 2025.
Our NIM-FTE was 3.71% for the quarter ended March 31, 2026, representing a two-basis point decrease and a 27-basis-point increase compared to the linked quarter and the quarter ended March 31, 2025, respectively. The two-basis point decrease was primarily due to a shift in earning-asset mix. The yield earned on interest-earning assets was 5.56%, representing decreases of 20- and 23-basis points compared to the linked quarter and the quarter ended March 31, 2025, respectively. The average rate paid on total interest-bearing liabilities was 2.67%, representing a reduction of 29- and 63-basis points compared to the linked quarter and the quarter ended March 31, 2025, respectively.
2

Credit Quality
The table below includes key credit quality information:
At and For the Three Months EndedChange% Change
(Dollars in thousands, unaudited)March 31,
 2026		December 31,
 2025		March 31,
 2025		Linked
 Quarter		Linked
 Quarter
Past due 30 to 89 days and still accruing$17,624 $14,764 $42,587 $2,860 19.4 %
Allowance for loan credit losses (“ALCL”)
99,015 96,782 92,011 2,233 2.3 
Total nonperforming LHFI87,266 81,184 81,368 6,082 7.5 
Provision for credit losses4,965 3,158 3,444 1,807 57.2 
Net charge-offs2,777 3,170 2,728 (393)(12.4)
Credit quality ratios(1):
ALCL to nonperforming LHFI113.46 %119.21 %113.08 %(5.75)%N/A
ALCL to total LHFI1.26 1.26 1.21 — N/A
ALCL to total LHFI, adjusted(2)
1.34 1.34 1.28 — N/A
Nonperforming LHFI to LHFI1.11 1.06 1.07 0.05 N/A
Net charge-offs to total average LHFI (annualized)0.15 0.17 0.15 (0.02)N/A
___________________________
N/A = Not applicable.
(1)Please see the Loan Data schedule at the back of this document for additional information.
(2)The ALCL to total LHFI, adjusted, is calculated by excluding the ALCL for mortgage warehouse LOC loans from the total LHFI ALCL in the numerator and excluding the mortgage warehouse LOC loans from the LHFI in the denominator. Due to their low-risk profile, mortgage warehouse LOC loans require a disproportionately low allocation of the ALCL.
Our results included a provision for loan credit losses of $5.0 million during the quarter ended March 31, 2026, compared to $3.7 million for the linked quarter. The increase was primarily the result of portfolio migration during the quarter ended March 31, 2026. The ALCL totaled $99.0 million as of March 31, 2026, a $2.2 million increase compared to the ALCL as of December 31, 2025, and as a percent of total LHFI was unchanged.
Total nonperforming LHFI increased $6.1 million at March 31, 2026, when compared to December 31, 2025. The increase in nonperforming LHFI was driven by increases in the real estate secured sectors of commercial real estate and construction/land/land development offset by reductions in the sectors of single-family residential real estate and commercial and industrial.
Past due 30 to 89 days and still accruing increased $2.9 million at March 31, 2026, when compared to December 31, 2025 and represented 0.22% of total LHFI, compared to 0.19% as of December 31, 2025. The increase of 30 to 89 days and still accruing past dues was primarily driven by the increases of $1.8 million in the single-family residential real estate sector and increases of $1.2 million in each of the commercial and industrial and multifamily residential real estate sectors, offset by a $1.1 million reduction in the commercial real estate sector.
Noninterest Income
Noninterest income for the quarter ended March 31, 2026, was $16.8 million, an increase of $59,000 from the linked quarter, primarily driven by an increase of $3.7 million in insurance commission and fee income, which was largely offset by a decrease of $3.4 million in equity method investment (loss) income.
The $3.7 million increase in insurance commission and fee income was primarily driven by seasonality in annual renewals and annual contingency fee income recognized in the first quarter.
The $3.4 million decrease in equity method investment (loss) income was primarily driven by a $3.2 million downward adjustment in two limited partnership investments during the current quarter, compared to smaller adjustments recorded in the linked quarter.
3

The components of equity method investment income are as follows:
At and For the Three Months Ended$ Change% Change
(Dollars in thousands, unaudited)March 31,
 2026		December 31,
 2025		March 31,
 2025		Linked
 Quarter		Linked
 Quarter
Argent investment income$1,754 $1,980 $— $(226)(11.4)%
Limited partnership investment loss(3,271)(121)(1,692)(3,150)N/M
Total equity method investment (loss) income$(1,517)$1,859 $(1,692)$(3,376)(181.6)%
___________________________
N/M = Not meaningful
Noninterest Expense
Noninterest expense for the quarter ended March 31, 2026, was $63.8 million, an increase of $974,000, or 1.6% from the linked quarter. The increase was primarily due to an increase of $1.4 million in salaries and employee benefits expense.
The $1.4 million increase in salaries and employee benefits was driven by a $1.7 million increase in incentive compensation expense, including stock based incentive compensation in the current quarter.
Financial Condition
Loans
•Total LHFI at March 31, 2026, were $7.86 billion, an increase of $193.3 million, or 2.5%, from $7.67 billion at December 31, 2025, and an increase of $278.7 million, or 3.7%, compared to March 31, 2025.
•Excluding mortgage warehouse LOC, LHFI increased $199.8 million, or 2.8%, from December 31, 2025. The increase was primarily driven by increases of $183.9 million and $30.1 million in commercial and industrial loans and construction/land/land development loans, respectively.
Securities
•Total securities at March 31, 2026 were $1.17 billion, an increase of $34.2 million, or 3.0%, from $1.13 billion at December 31, 2025, and a decrease of $10.8 million, or 0.9%, compared to March 31, 2025.
•Accumulated other comprehensive loss, net of taxes, primarily associated with unrealized losses within the available for sale portfolio, was $60.8 million at March 31, 2026, an increase of $6.7 million, or 12.4%, from the linked quarter and a decrease of $29.6 million, or 32.7%, from March 31, 2025.
•The weighted average effective duration for the total securities portfolio was 4.14 years as of March 31, 2026, compared to 4.15 years as of December 31, 2025.
Deposits
•Total deposits at March 31, 2026, were $8.76 billion, an increase of $449.0 million, or 5.4%, compared to December 31, 2025, and an increase of $417.9 million, or 5.0%, from March 31, 2025. $215.0 million of the increase compared to the linked quarter is related to interest-bearing deposits that were repurchased on January 2, 2026, immediately following the sale of such deposits on December 31, 2025.
•At March 31, 2026, and December 31, 2025, noninterest-bearing deposits as a percentage of total deposits were 23.6% and 23.8%, respectively. At March 31, 2025, noninterest-bearing deposits as a percentage of total deposits were 22.7%.
Subordinate debentures
•Total subordinated debentures at March 31, 2026, were $16.6 million, a decrease of $73.0 million, or 81.5%, compared to March 31, 2025, due to the redemption of $74.0 million in subordinated debentures during the quarter ended December 31, 2025, in conjunction with our Optimize Origin initiative.
4

Capital
•Total capital at March 31, 2026, was $1.26 billion, an increase of $13.6 million, or 1.1%, compared to December 31, 2025, and an increase of $80.1 million, or 6.8%, from March 31, 2025.
•Uses of regulatory capital since the beginning of 2025 consist of the following:
◦Repurchased 616,505 shares of our common stock at an average price of $36.72 per share, for a total of $22.6 million, including commissions and applicable excise taxes. There was $31.7 million remaining available for repurchases at March 31, 2026.
◦Redeemed $143.6 million of subordinated debentures, including the amortization of the original issue discount and fair value mark.
◦Declared $23.7 million in dividends to our stockholders.
Conference Call
Origin will hold a conference call to discuss its first quarter 2026 results on Thursday, April 23, 2026, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). To participate in the live conference call, please dial +1 (929) 272-1574 (U.S. Local / International 1); +1 (857) 999-3259 (U.S. Local / International 2); +1 (888) 700-7550 (U.S. Toll Free), enter Conference ID: 12997 and request to be joined into the Origin Bancorp, Inc. (OBK) call. A simultaneous audio-only webcast may be accessed via Origin’s website at www.origin.bank under the Investor Relations, News & Events, Events & Presentations link or directly by visiting https://dealroadshow.com/e/ORIGIN1Q26.
If you are unable to participate during the live webcast, the webcast will be archived on the Investor Relations section of Origin’s website at www.origin.bank, under Investor Relations, News & Events, Events & Presentations.
About Origin
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.
Non-GAAP Financial Measures
Origin reports its results in accordance with generally accepted accounting principles in the United States of America ("GAAP"). However, management believes that certain supplemental non-GAAP financial measures may provide meaningful information to investors that is useful in understanding Origin's results of operations and underlying trends in its business. However, non-GAAP financial measures are supplemental and should be viewed in addition to, and not as an alternative for, Origin's reported results prepared in accordance with GAAP. The following are the non-GAAP measures used in this release: PTPP earnings, PTPP ROAA, tangible book value per common share, and ROATCE.
Please see the last few pages of this release for reconciliations of non-GAAP measures to the most directly comparable financial measures calculated in accordance with GAAP.
5

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information regarding Origin Bancorp, Inc’s (“Origin”, “we”, “our” or the “Company”) future financial performance, business and growth strategies, projected plans and objectives, and any expected purchases of its outstanding common stock, and related transactions and other projections based on macroeconomic and industry trends, including changes to interest rates by the Federal Reserve and the resulting impact on Origin’s results of operations, estimated forbearance amounts and expectations regarding the Company’s liquidity, including in connection with advances obtained from the FHLB, which are all subject to change and may be inherently unreliable due to the multiple factors that impact broader economic and industry trends, and any such changes may be material. Such forward-looking statements are based on various facts and derived utilizing important assumptions and current expectations, estimates and projections about Origin and its subsidiaries, any of which may change over time and some of which may be beyond Origin’s control. Statements or statistics preceded by, followed by or that otherwise include the words “assumes,” “anticipates,” “believes,” “estimates,” “expects,” “foresees,” “intends,” “plans,” “projects,” and similar expressions or future or conditional verbs such as “could,” “may,” “might,” “should,” “will,” and “would” and variations of such terms are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing words. Further, certain factors that could affect Origin’s future results and cause actual results to differ materially from those expressed in the forward-looking statements include, but are not limited to: (1) the impact of current and future economic conditions generally and in the financial services industry, nationally and within Origin’s primary market areas, including the impact of tariffs, as well as the financial stress on borrowers and changes to customer and client behavior as a result of the foregoing; (2) changes in benchmark interest rates and the resulting impacts on net interest income; (3) deterioration of Origin’s asset quality; (4) factors that can impact the performance of Origin’s loan portfolio, including real estate values and liquidity in Origin’s primary market areas; (5) the financial health of Origin’s commercial borrowers and the success of construction projects that Origin finances; (6) changes in the value of collateral securing Origin’s loans; (7) the impact of generative artificial intelligence; (8) Origin’s ability to anticipate interest rate changes and manage interest rate risk; (9) the impact of heightened regulatory requirements, reduced debit interchange and overdraft income and the possibility of facing related adverse business consequences if our total assets grow in excess of $10 billion as of December 31 of any calendar year; (10) the effectiveness of Origin’s risk management framework and quantitative models; (11) Origin’s inability to receive dividends from Origin Bank and to service debt, pay dividends to Origin’s common stockholders, repurchase Origin’s shares of common stock and satisfy obligations as they become due; (12) the impact of labor pressures; (13) changes in Origin’s operation or expansion strategy or Origin’s ability to prudently manage its growth and execute its strategy; (14) changes in management personnel; (15) Origin’s ability to maintain important customer relationships, reputation or otherwise avoid liquidity risks; (16) increasing costs as Origin grows deposits; (17) operational risks associated with Origin’s business; (18) significant turbulence or a disruption in the capital or financial markets and the effect of market disruption and interest rate volatility on our investment securities; (19) increased competition in the financial services industry, particularly from regional and national institutions, as well as from fintech companies; (20) compliance with governmental and regulatory requirements and changes in laws, rules, regulations, interpretations or policies relating to financial institutions; (21) periodic changes to the extensive body of accounting rules and best practices; (22) further government intervention in the U.S. financial system; (23) a deterioration of the credit rating for U.S. long-term sovereign debt; (24) Origin’s ability to comply with applicable capital and liquidity requirements, including its ability to generate liquidity internally or raise capital on favorable terms, including continued access to the debt and equity capital markets; (25) natural disasters and other adverse weather events, pandemics, acts of terrorism, war, and other matters beyond Origin’s control; (26) developments in our mortgage banking business, including loan modifications, general demand, and the effects of judicial or regulatory requirements or guidance; (27) fraud or misconduct by internal or external actors (including Origin employees); (28) cybersecurity threats or security breaches and the cost of defending against them; (29) Origin’s ability to maintain adequate internal controls over financial and non-financial reporting; and (30) potential claims, damages, penalties, fines, costs and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions. For a discussion of these and other risks that may cause actual results to differ from expectations, please refer to the sections titled “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in Origin’s most recent and future Annual Reports on Form 10-K filed with the Securities and Exchange Commission and any updates to those sections set forth in Origin’s subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. If one or more events related to these or other risks or uncertainties materialize, or if Origin’s underlying assumptions prove to be incorrect, actual results may differ materially from what Origin anticipates. Accordingly, you should not place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and Origin does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
6

New risks and uncertainties arise from time to time, and it is not possible for Origin to predict those events or how they may affect Origin. In addition, Origin cannot assess the impact of each factor on Origin’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All forward-looking statements, expressed or implied, included in this communication are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that Origin or persons acting on Origin’s behalf may issue. Annualized, pro forma, adjusted, projected, and estimated numbers are used for illustrative purposes only, are not forecasts, and may not reflect actual results.
This press release contains projected financial information with respect to Origin, including with respect to certain goals and strategic initiatives of Origin and the anticipated benefits thereof. This projected financial information constitutes forward-looking information and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to significant business, economic (including interest rate), competitive, and other risks and uncertainties. Actual results may differ materially from the results contemplated by the projected financial information contained herein and the inclusion of such projected financial information in this release should not be regarded as a representation by any person that such actions will be taken or accomplished or that the results reflected in such projected financial information with respect thereto will be achieved.

Contact:
Investor Relations
Chris Reigelman
318-497-3177
chris@origin.bank
Media Contact
Ryan Kilpatrick
318-232-7472
rkilpatrick@origin.bank
7
Origin Bancorp, Inc.
Selected Quarterly Financial Data
(Unaudited)


Three Months Ended
March 31,
 2026		December 31,
 2025		September 30,
 2025		June 30,
 2025		March 31,
 2025
Income statement and share amounts (Dollars in thousands, except per share amounts)
Net interest income
$87,244 $86,694 $83,704 $82,136 $78,459 
Provision for credit losses4,965 3,158 36,820 2,862 3,444 
Noninterest income16,795 16,736 26,128 1,368 15,602 
Noninterest expense63,797 62,823 62,028 61,983 62,068 
Income before income tax expense
35,277 37,449 10,984 18,659 28,549 
Income tax expense7,584 7,933 2,361 4,012 6,138 
Net income
$27,693 $29,516 $8,623 $14,647 $22,411 
PTPP earnings(1)
$40,242 $40,607 $47,804 $21,521 $31,993 
Basic earnings per common share
0.89 0.95 0.28 0.47 0.72 
Diluted earnings per common share0.89 0.95 0.27 0.47 0.71 
Dividends declared per common share0.15 0.15 0.15 0.15 0.15 
Weighted average common shares outstanding - basic
30,942,565 30,964,128 31,183,092 31,192,622 31,205,752 
Weighted average common shares outstanding - diluted
31,203,348 31,168,548 31,363,571 31,327,818 31,412,010 
Balance sheet data
Total LHFI
$7,864,221 $7,670,917 $7,537,099 $7,684,446 $7,585,526 
Total LHFI excluding mortgage warehouse LOC7,341,931 7,142,136 7,064,131 7,109,698 7,181,395 
Total assets
10,188,144 9,724,722 9,791,306 9,678,158 9,750,372 
Total deposits8,756,268 8,307,247 8,331,830 8,123,036 8,338,412 
Total stockholders’ equity1,260,275 1,246,685 1,214,756 1,205,769 1,180,177 
Performance metrics and capital ratios
Yield on LHFI6.06 %6.22 %6.33 %6.33 %6.33 %
Yield on interest-earning assets5.56 5.76 5.89 5.87 5.79 
Cost of interest-bearing deposits2.66 2.90 3.20 3.20 3.23 
Cost of total deposits2.05 2.20 2.46 2.47 2.52 
NIM - fully tax equivalent ("FTE")3.71 3.73 3.65 3.61 3.44 
Return on average assets (annualized) ("ROAA")1.11 1.19 0.35 0.60 0.93 
PTPP ROAA (annualized)(1)
1.61 1.64 1.95 0.89 1.32 
Return on average stockholders’ equity (annualized) ("ROAE")8.86 9.50 2.79 4.94 7.79 
Return on average tangible common equity (annualized) ("ROATCE")(1)
10.15 10.95 3.22 5.74 9.09 
Book value per common share$40.81 $40.28 $39.23 $38.62 $37.77 
Tangible book value per common share (1)
35.61 35.04 33.95 33.33 32.43 
Efficiency ratio(2)
61.32 %60.74 %56.48 %74.23 %65.99 %
Common equity tier 1 to risk-weighted assets(3)
13.59 13.54 13.59 13.47 13.57 
Tier 1 capital to risk-weighted assets(3)
13.78 13.73 13.79 13.67 13.77 
Total capital to risk-weighted assets(3)
14.97 14.91 15.90 15.68 15.81 
Tier 1 leverage ratio(3)
11.74 11.86 11.69 11.70 11.47 
__________________________
(1)PTPP earnings, PTPP ROAA, tangible book value per common share, and ROATCE are either non-GAAP financial measures or use a non-GAAP contributor in the formula. For a reconciliation of these alternative financial measures to their most directly comparable GAAP measures, please see the last few pages of this release.
(2)Calculated by dividing noninterest expense by the sum of net interest income plus noninterest income.
(3)Ratios are calculated at the Company level, which is subject to the capital adequacy requirements of the Federal Reserve Board. March 31, 2026 ratios are estimated.
8
Origin Bancorp, Inc.
Consolidated Quarterly Statements of Income
(Unaudited)

Three Months Ended
March 31,
 2026		December 31,
 2025		September 30,
 2025		June 30,
 2025		March 31,
 2025
Interest and dividend income(Dollars in thousands, except per share amounts)
Interest and fees on loans$114,161 $119,282 $120,096 $121,239 $117,075 
Investment securities-taxable8,776 8,991 8,767 7,692 8,076 
Investment securities-nontaxable1,486 1,487 1,523 1,425 968 
Interest and dividend income on assets held in other financial institutions6,873 4,884 5,753 4,281 6,424 
Total interest and dividend income131,296 134,644 136,139 134,637 132,543 
Interest expense
Interest-bearing deposits43,702 46,510 51,026 50,152 51,779 
FHLB advances and other borrowings111 102 273 1,216 96 
Subordinated indebtedness239 1,338 1,136 1,133 2,209 
Total interest expense44,052 47,950 52,435 52,501 54,084 
Net interest income
87,244 86,694 83,704 82,136 78,459 
Provision for credit losses4,965 3,158 36,820 2,862 3,444 
Net interest income after provision for credit losses82,279 83,536 46,884 79,274 75,015 
Noninterest income
Insurance commission and fee income9,597 5,931 6,598 6,661 7,927 
Service charges and fees4,951 5,043 4,965 4,927 4,716 
Other fee income2,295 2,128 2,262 2,809 2,301 
Mortgage banking revenue563 680 726 1,369 915 
Swap fee income54 58 1,387 1,435 533 
Change in fair value of equity investments— — 6,972 — — 
Equity method investment (loss) income(1,517)1,859 550 (1,909)(1,692)
Loss on sales of securities, net— — — (14,448)— 
Other income852 1,037 2,668 524 902 
Total noninterest income16,795 16,736 26,128 1,368 15,602 
Noninterest expense
Salaries and employee benefits38,397 37,015 37,863 38,280 37,731 
Occupancy and equipment, net6,984 6,961 7,079 7,187 8,544 
Data processing4,050 3,672 3,526 3,432 2,957 
Office and operations2,937 3,243 3,184 3,337 2,972 
Professional services2,649 2,703 1,395 1,285 1,250 
Intangible asset amortization1,485 1,499 1,583 1,768 1,761 
Electronic banking1,442 1,545 1,470 1,359 1,354 
Advertising and marketing1,360 1,746 1,524 1,158 1,133 
Regulatory assessments1,335 1,528 1,269 1,345 1,392 
Loan-related expenses895 787 979 669 599 
Other expenses2,263 2,124 2,156 2,163 2,375 
Total noninterest expense63,797 62,823 62,028 61,983 62,068 
Income before income tax expense35,277 37,449 10,984 18,659 28,549 
Income tax expense7,584 7,933 2,361 4,012 6,138 
Net income$27,693 $29,516 $8,623 $14,647 $22,411 
9
Origin Bancorp, Inc.
Consolidated Balance Sheets
(Unaudited)
(Dollars in thousands)
March 31,
2026
December 31,
 2025		September 30,
 2025		June 30,
 2025		March 31,
 2025
Assets
Cash and due from banks$90,641 $73,122 $94,062 $113,918 $112,888 
Interest-bearing deposits in banks575,562 351,095 532,847 220,193 373,314 
Total cash and cash equivalents666,203 424,217 626,909 334,111 486,202 
Securities:
AFS1,151,402 1,117,176 1,104,789 1,126,721 1,161,368 
Held to maturity, net of allowance for credit losses10,557 10,559 10,559 11,093 11,094 
Securities carried at fair value through income6,197 6,215 6,203 6,218 6,512 
Total securities1,168,156 1,133,950 1,121,551 1,144,032 1,178,974 
Non-marketable equity securities held in other financial institutions31,193 31,069 31,041 75,181 71,754 
Equity method investments66,091 67,502 65,643 15,863 18,228 
Loans held for sale2,935 1,032 312 8,878 10,191 
LHFI7,864,221 7,670,917 7,537,099 7,684,446 7,585,526 
Less: ALCL99,015 96,782 96,259 92,426 92,011 
LHFI, net of ALCL7,765,206 7,574,135 7,440,840 7,592,020 7,493,515 
Premises and equipment, net126,916 124,249 122,899 122,618 123,847 
Cash surrender value of bank-owned life insurance41,968 41,726 41,478 41,265 41,021 
Goodwill 128,679 128,679 128,679 128,679 128,679 
Other intangible assets, net31,877 33,362 34,861 36,444 38,212 
Accrued interest receivable and other assets158,920 164,801 177,093 179,067 159,749 
Total assets$10,188,144 $9,724,722 $9,791,306 $9,678,158 $9,750,372 
Liabilities and Stockholders’ Equity
Noninterest-bearing deposits$2,062,982 $1,979,875 $2,000,324 $1,841,684 $1,888,808 
Interest-bearing deposits excluding brokered interest-bearing deposits, if any5,895,932 5,497,920 5,516,821 5,450,710 5,536,636 
Time deposits797,354 829,452 814,685 805,642 862,968 
Brokered deposits— — — 25,000 50,000 
Total deposits8,756,268 8,307,247 8,331,830 8,123,036 8,338,412 
FHLB advances and other borrowings12,609 19,050 12,790 127,843 12,488 
Subordinated indebtedness16,569 16,544 89,715 89,657 89,599 
Accrued expenses and other liabilities142,423 135,196 142,215 131,853 129,696 
Total liabilities8,927,869 8,478,037 8,576,550 8,472,389 8,570,195 
Stockholders’ equity:
Common stock
154,397 154,762 154,839 156,124 156,220 
Additional paid-in capital532,773 533,541 532,975 537,819 538,790 
Retained earnings633,949 612,523 588,106 585,387 575,578 
Accumulated other comprehensive loss(60,844)(54,141)(61,164)(73,561)(90,411)
Total stockholders’ equity1,260,275 1,246,685 1,214,756 1,205,769 1,180,177 
Total liabilities and stockholders’ equity$10,188,144 $9,724,722 $9,791,306 $9,678,158 $9,750,372 
10
Origin Bancorp, Inc.
Loan Data
(Unaudited)
At and For the Three Months Ended
March 31,
 2026		December 31,
 2025		September 30,
 2025		June 30,
 2025		March 31,
 2025
LHFI(Dollars in thousands)
Owner-occupied commercial real estate$999,440 $1,004,801 $986,859 $972,788 $937,985 
Non-owner-occupied commercial real estate1,511,138 1,519,104 1,520,020 1,455,771 1,445,864 
Construction/land/land development641,273 611,220 615,778 653,748 798,609 
Single-family residential real estate1,442,792 1,444,611 1,460,696 1,465,535 1,465,192 
Multifamily residential real estate555,527 553,149 540,601 529,899 489,765 
Total real estate loans5,150,170 5,132,885 5,123,954 5,077,741 5,137,415 
Commercial and industrial2,173,126 1,989,218 1,919,782 2,011,178 2,022,085 
Mortgage warehouse LOC522,290 528,781 472,968 574,748 404,131 
Consumer18,635 20,033 20,395 20,779 21,895 
Total LHFI7,864,221 7,670,917 7,537,099 7,684,446 7,585,526 
Less: ALCL99,015 96,782 96,259 92,426 92,011 
LHFI, net$7,765,206 $7,574,135 $7,440,840 $7,592,020 $7,493,515 
Nonperforming assets(1)
Nonperforming LHFI
Commercial real estate$19,891 $13,212 $11,736 $12,814 $5,465 
Construction/land/land development19,427 16,388 17,047 17,720 17,694 
Single-family residential real estate37,809 39,480 41,964 35,592 38,306 
Multifamily residential real estate— — 2,404 2,404 2,443 
Commercial and industrial10,074 11,919 15,043 16,655 17,325 
Consumer65 185 88 130 135 
Total nonperforming LHFI87,266 81,184 88,282 85,315 81,368 
Other real estate owned/repossessed assets1,007 694 577 1,991 1,990 
Total nonperforming assets$88,273 $81,878 $88,859 $87,306 $83,358 
Classified assets$154,599 $148,322 $138,910 $129,628 $129,666 
Past due 30 to 89 days and still accruing17,624 14,764 7,739 12,495 42,587 
Allowance for loan credit losses
Balance at beginning of period$96,782 $96,259 $92,426 $92,011 $91,060 
Provision for loan credit losses5,010 3,693 35,216 2,715 3,679 
Loans charged off3,963 4,328 32,206 3,700 4,848 
Loan recoveries1,186 1,158 823 1,400 2,120 
Net charge-offs2,777 3,170 31,383 2,300 2,728 
Balance at end of period$99,015 $96,782 $96,259 $92,426 $92,011 
11
Origin Bancorp, Inc.
Loan Data - Continued
(Unaudited)
At and For the Three Months Ended
March 31,
 2026		December 31,
 2025		September 30,
 2025		June 30,
 2025		March 31,
 2025
Credit quality ratios
Total nonperforming assets to total assets0.87 %0.84 %0.91 %0.90 %0.85 %
Total nonperforming assets to loans & OREO1.12 1.07 1.18 1.14 1.10 
Nonperforming LHFI to LHFI1.11 1.06 1.17 1.11 1.07 
Past due 30 to 89 days and still accruing to LHFI0.22 0.19 0.10 0.16 0.56 
ALCL to nonperforming LHFI113.46 119.21 109.04 108.33 113.08 
ALCL to total LHFI1.26 1.26 1.28 1.20 1.21 
ALCL to total LHFI excl. mortgage warehouse LOC (2)
1.34 1.34 1.35 1.29 1.28 
Net charge-offs (recoveries) to total average LHFI (annualized)0.15 0.17 1.65 0.12 0.15 
____________________________
(1)Nonperforming assets consist of nonperforming/nonaccrual loans and property acquired through foreclosures or repossession, as well as bank-owned property not in use and listed for sale, if any.
(2)The ALCL to total LHFI, adjusted is calculated by excluding the ALCL for mortgage warehouse LOC loans from the total LHFI ALCL in the numerator and excluding the mortgage warehouse LOC loans from the LHFI in the denominator. Due to their low-risk profile, mortgage warehouse LOC loans require a disproportionately low allocation of the ALCL.
12
Origin Bancorp, Inc.
Average Balances and Yields/Rates
(Unaudited)
Three Months Ended
March 31, 2026December 31, 2025March 31, 2025
Average BalanceIncome/Expense
Yield/Rate(1)
Average BalanceIncome/Expense
Yield/Rate(1)
Average BalanceIncome/Expense
Yield/Rate(1)
Assets(Dollars in thousands)
Commercial real estate$2,506,193 $35,222 5.70 %$2,523,465 $37,165 5.84 %$2,448,099 $35,111 5.82 %
Construction/land/land development628,332 10,402 6.71 607,799 10,563 6.89 821,754 13,913 6.87 
Single-family residential real estate1,448,774 19,765 5.53 1,452,741 19,894 5.43 1,438,618 19,305 5.44 
Multifamily residential real estate549,475 8,104 5.98 564,700 9,027 6.34 471,304 6,729 5.79 
Commercial and industrial ("C&I")2,076,837 33,910 6.62 1,986,638 34,505 6.89 2,004,034 36,422 7.37 
Mortgage warehouse LOC406,072 6,389 6.38 455,244 7,723 6.73 289,521 5,047 7.07 
Consumer19,823 345 7.06 20,746 374 7.15 22,709 417 7.45 
LHFI7,635,506 114,137 6.06 7,611,333 119,251 6.22 7,496,039 116,944 6.33 
Loans held for sale1,712 24 5.69 1,639 31 7.50 8,590 131 6.18 
Loans receivable7,637,218 114,161 6.06 7,612,972 119,282 6.22 7,504,629 117,075 6.33 
Investment securities-taxable1,017,777 8,776 3.50 1,019,830 8,991 3.50 1,021,904 8,076 3.21 
Investment securities-nontaxable183,691 1,486 3.28 180,862 1,487 3.26 140,875 968 2.79 
Non-marketable equity securities held in other financial institutions31,112 399 5.20 31,228 449 5.70 71,669 416 2.35 
Interest-earning balances due from banks713,959 6,474 3.68 435,241 4,435 4.04 543,821 6,008 4.48 
Total interest-earning assets9,583,757 131,296 5.56 9,280,133 134,644 5.76 9,282,898 132,543 5.79 
Noninterest-earning assets542,734 549,619 525,317 
Total assets$10,126,491 $9,829,752 $9,808,215 
Liabilities and Stockholders’ Equity
Liabilities
Interest-bearing liabilities
Interest-bearing demand deposits$2,068,810 $11,901 2.33 %$1,788,612 $11,728 2.60 %$2,081,567 $14,654 2.86 %
Money market deposits3,487,443 24,783 2.88 3,466,849 27,088 3.10 3,137,768 27,013 3.49 
Savings deposits301,161 852 1.15 301,596 942 1.24 319,375 1,277 1.62 
Savings and interest-bearing transaction accounts5,857,414 37,536 2.60 5,557,057 39,758 2.84 5,538,710 42,944 3.14 
Time deposits811,939 6,166 3.08 812,766 6,752 3.30 972,176 8,835 3.69 
Total interest-bearing deposits6,669,353 43,702 2.66 6,369,823 46,510 2.90 6,510,886 51,779 3.23 
FHLB advances and other borrowings16,434 111 2.74 15,155 102 2.67 14,148 96 2.75 
Subordinated indebtedness16,558 239 5.85 42,641 1,338 12.45 124,133 2,209 7.22 
Total interest-bearing liabilities6,702,345 44,052 2.67 6,427,619 47,950 2.96 6,649,167 54,084 3.30 
Noninterest-bearing liabilities
Noninterest-bearing deposits1,978,098 2,002,102 1,837,365 
Other liabilities178,160 167,153 154,934 
Total liabilities8,858,603 8,596,874 8,641,466 
Stockholders’ Equity1,267,888 1,232,878 1,166,749 
Total liabilities and stockholders’ equity$10,126,491 $9,829,752 $9,808,215 
Net interest spread2.89 %2.80 %2.49 %
NIM$87,244 3.69 $86,694 3.71 $78,459 3.43 
NIM-FTE(2)
$87,748 3.71 $87,210 3.73 $78,837 3.44 
____________________________
(1)Yields/Rates are calculated on an actual/actual day count basis.
(2)In order to present pre-tax income and resulting yields on tax-exempt investments comparable to those on taxable investments, a tax-equivalent adjustment has been computed. This adjustment also includes income tax credits received on Qualified School Construction Bonds.
13
Origin Bancorp, Inc.
Notable Items
(Unaudited)
At and For the Three Months Ended
March 31,
2026		December 31,
 2025		September 30,
 2025		June 30,
 2025		March 31,
 2025
$ Impact
EPS
Impact(1)
$ Impact
EPS
Impact(1)
$ Impact
EPS
Impact(1)
$ Impact
EPS
Impact(1)
$ Impact
EPS
Impact(1)
(Dollars in thousands, except per share amounts)
Notable interest income items:
Interest income reversal related to borrower fraud$— $— $— $— $(206)$(0.01)$— $— $— $— 
Notable interest expense items:
OID amortization - subordinated debenture redemption— — (783)(0.02)— — — — (681)(0.02)
Notable provision expense items:
Provision (expense) release on relationships related to or impacted by questioned banker activity— — (10)— (1,670)(0.04)— — 375 0.01 
Provision expense related to borrower fraud— — (13)— (29,545)(0.74)— — — — 
Notable noninterest income items(2):
Loss on sales of securities, net— — — — — — (14,448)(0.36)— — 
Positive valuation adjustment on non-marketable equity securities— — — — 6,972 0.18 — — — — 
Net loss on OREO properties(2)
— — — — — — (158)— (212)(0.01)
BOLI payout— — — — — — — — 208 0.01 
Insurance recovery income related to questioned banker activity438 0.01 483 0.01 2,077 0.05 — — — — 
Notable noninterest expense items:
Operating expense related to questioned banker activity(542)(0.01)(698)(0.02)(112)— (530)(0.01)(543)(0.01)
Operating expense related to strategic Optimize Origin initiatives(3)
— — (51)— (577)(0.01)(428)(0.01)(1,615)(0.04)
Operating expense related to borrower fraud(473)(0.01)(587)(0.01)(285)(0.01)— — — — 
Employee Retention Credit— — — — — — — — 213 0.01 
Total notable items$(577)(0.01)$(1,659)(0.04)$(23,346)(0.59)$(15,564)(0.39)$(2,255)(0.06)
14
Origin Bancorp, Inc.
Notable Items - Continued
(Unaudited)
____________________________
(1)The diluted EPS impact is calculated using a 21% effective tax rate. The total of the diluted EPS impact of each individual line item may not equal the calculated diluted EPS impact on the total notable items due to rounding.
(2)The $158,000 net loss on OREO properties for the quarter ended June 30, 2025, includes an $8,000 insurance settlement recovery that was included in noninterest income on the face of the income statement and $3,000 in repair costs that was included in noninterest expense. The $212,000 net loss on OREO properties for the quarter ended March 31, 2025, includes a $444,000 expected insurance settlement recovery that was included in noninterest income on the face of the income statement, and a $148,000 repair cost that was included in noninterest expense.
(3)Operating expenses related to strategic Optimize Origin initiatives are expected to be immaterial and, accordingly, will no longer be separately tracked beginning with the quarter ended March 31, 2026. The $51,000 and $577,000 operating expenses related to strategic Optimize Origin initiatives for the quarters ended December 31, 2025, and September 30, 2025, includes sub-lease income of $40,000 and $27,000, respectively, that were included in noninterest income on the face of the income statement.
15
Origin Bancorp, Inc.
Non-GAAP Financial Measures
(Unaudited)
At and For the Three Months Ended
March 31,
 2026		December 31,
 2025		September 30,
 2025		June 30,
 2025		March 31,
 2025
(Dollars in thousands, except per share amounts)
Calculation of PTPP earnings:
Net income$27,693 $29,516 $8,623 $14,647 $22,411 
Provision for credit losses4,965 3,158 36,820 2,862 3,444 
Income tax expense7,584 7,933 2,361 4,012 6,138 
PTPP earnings (non-GAAP)$40,242 $40,607 $47,804 $21,521 $31,993 
Calculation of PTPP ROAA:
PTPP earnings$40,242 $40,607 $47,804 $21,521 $31,993 
Divided by number of days in the quarter90 92 92 91 90 
Multiplied by the number of days in the year365 365 365 365 365 
PTPP earnings, annualized$163,204 $161,104 $189,657 $86,320 $129,749 
Divided by total average assets10,126,491 9,829,752 9,727,414 9,715,923 9,808,215 
ROAA (annualized) (GAAP)1.11 %1.19 %0.35 %0.60 %0.93 %
PTPP ROAA (annualized) (non-GAAP)1.61 1.64 1.95 0.89 1.32 
Calculation of tangible book value per common share:
Total common stockholders’ equity$1,260,275 $1,246,685 $1,214,756 $1,205,769 $1,180,177 
Goodwill (128,679)(128,679)(128,679)(128,679)(128,679)
Other intangible assets, net(31,877)(33,362)(34,861)(36,444)(38,212)
Tangible common equity1,099,719 1,084,644 1,051,216 1,040,646 1,013,286 
Divided by common shares outstanding at the end of the period30,879,462 30,952,428 30,967,768 31,224,718 31,244,006 
Book value per common share (GAAP)$40.81 $40.28 $39.23 $38.62 $37.77 
Tangible book value per common share (non-GAAP)35.61 35.04 33.95 33.33 32.43 
Calculation of ROATCE:
Net income$27,693 $29,516 $8,623 $14,647 $22,411 
Divided by number of days in the quarter90 92 92 91 90 
Multiplied by number of days in the year365 365 365 365 365 
Annualized net income$112,311 $117,102 $34,211 $58,749 $90,889 
Total average common stockholders’ equity$1,267,888 $1,232,878 $1,227,431 $1,190,331 $1,166,749 
Average goodwill(128,679)(128,679)(128,679)(128,679)(128,679)
Average other intangible assets, net(32,679)(34,293)(35,741)(37,459)(38,254)
Average tangible common equity1,106,530 1,069,906 1,063,011 1,024,193 999,816 
ROAE (annualized) (GAAP)8.86 %9.50 %2.79 %4.94 %7.79 %
ROATCE (annualized) (non-GAAP)10.15 10.95 3.22 5.74 9.09 

16
1Q TWENTY26 INVESTOR PRESENTATION ORIGIN BANCORP, INC.

 

2 FORWARD-LOOKING STATEMENTS AND NON-GAAP MEASURES This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information regarding Origin Bancorp, Inc’s (“Origin”, “we”, “our” or the “Company”) future financial performance, business and growth strategies, projected plans and objectives, and any expected purchases of its outstanding common stock, and related transactions and other projections based on macroeconomic and industry trends, including changes to interest rates by the Federal Reserve and the resulting impact on Origin’s results of operations, estimated forbearance amounts and expectations regarding the Company’s liquidity, including in connection with advances obtained from the FHLB, which are all subject to change and may be inherently unreliable due to the multiple factors that impact broader economic and industry trends, and any such changes may be material. Such forward-looking statements are based on various facts and derived utilizing important assumptions and current expectations, estimates and projections about Origin and its subsidiaries, any of which may change over time and some of which may be beyond Origin’s control. Statements or statistics preceded by, followed by or that otherwise include the words “assumes,” “anticipates,” “believes,” “estimates,” “expects,” “foresees,” “intends,” “plans,” “projects,” and similar expressions or future or conditional verbs such as “could,” “may,” “might,” “should,” “will,” and “would” and variations of such terms are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing words. Further, certain factors that could affect Origin’s future results and cause actual results to differ materially from those expressed in the forward- looking statements include, but are not limited to: (1) the impact of current and future economic conditions generally and in the financial services industry, nationally and within Origin’s primary market areas, including the impact of tariffs, as well as the financial stress on borrowers and changes to customer and client behavior as a result of the foregoing; (2) changes in benchmark interest rates and the resulting impacts on net interest income; (3) deterioration of Origin’s asset quality; (4) factors that can impact the performance of Origin’s loan portfolio, including real estate values and liquidity in Origin’s primary market areas; (5) the financial health of Origin’s commercial borrowers and the success of construction projects that Origin finances; (6) changes in the value of collateral securing Origin’s loans; (7) the impact of generative artificial intelligence; (8) Origin’s ability to anticipate interest rate changes and manage interest rate risk; (9) the impact of heightened regulatory requirements, reduced debit interchange and overdraft income and the possibility of facing related adverse business consequences if our total assets grow in excess of $10 billion as of December 31 of any calendar year; (10) the effectiveness of Origin’s risk management framework and quantitative models; (11) Origin’s inability to receive dividends from Origin Bank and to service debt, pay dividends to Origin’s common stockholders, repurchase Origin’s shares of common stock and satisfy obligations as they become due; (12) the impact of labor pressures; (13) changes in Origin’s operation or expansion strategy or Origin’s ability to prudently manage its growth and execute its strategy; (14) changes in management personnel; (15) Origin’s ability to maintain important customer relationships, reputation or otherwise avoid liquidity risks; (16) increasing costs as Origin grows deposits; (17) operational risks associated with Origin’s business; (18) significant turbulence or a disruption in the capital or financial markets and the effect of market disruption and interest rate volatility on our investment securities; (19) increased competition in the financial services industry, particularly from regional and national institutions, as well as from fintech companies; (20) compliance with governmental and regulatory requirements and changes in laws, rules, regulations, interpretations or policies relating to financial institutions; (21) periodic changes to the extensive body of accounting rules and best practices; (22) further government intervention in the U.S. financial system; (23) a deterioration of the credit rating for U.S. long-term sovereign debt; (24) Origin’s ability to comply with applicable capital and liquidity requirements, including its ability to generate liquidity internally or raise capital on favorable terms, including continued access to the debt and equity capital markets; (25) natural disasters and other adverse weather events, pandemics, acts of terrorism, war, and other matters beyond Origin’s control; (26) developments in our mortgage banking business, including loan modifications, general demand, and the effects of judicial or regulatory requirements or guidance; (27) fraud or misconduct by internal or external actors (including Origin employees); (28) cybersecurity threats or security breaches and the cost of defending against them; (29) Origin’s ability to maintain adequate internal controls over financial and non-financial reporting; and (30) potential claims, damages, penalties, fines, costs and reputational damage resulting from pending or future litigation, regulatory proceedings and enforcement actions. For a discussion of these and other risks that may cause actual results to differ from expectations, please refer to the sections titled “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in Origin’s most recent and future Annual Reports on Form 10-K filed with the Securities and Exchange Commission and any updates to those sections set forth in Origin’s subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. If one or more events related to these or other risks or uncertainties materialize, or if Origin’s underlying assumptions prove to be incorrect, actual results may differ materially from what Origin anticipates. Accordingly, you should not place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and Origin does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. New risks and uncertainties arise from time to time, and it is not possible for Origin to predict those events or how they may affect Origin. In addition, Origin cannot assess the impact of each factor on Origin’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All forward-looking statements, expressed or implied, included in this communication are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that Origin or persons acting on Origin’s behalf may issue. Annualized, pro forma, adjusted, projected, and estimated numbers are used for illustrative purposes only, are not forecasts, and may not reflect actual results. This presentation contains projected financial information with respect to Origin, including with respect to certain goals and strategic initiatives of Origin and the anticipated benefits thereof. This projected financial information constitutes forward-looking information and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to significant business, economic (including interest rate), competitive, and other risks and uncertainties. Actual results may differ materially from the results contemplated by the projected financial information contained herein and the inclusion of such projected financial information in this presentation should not be regarded as a representation by any person that such actions will be taken or accomplished or that the results reflected in such projected financial information with respect thereto will be achieved. Origin reports its results in accordance with generally accepted accounting principles in the United States ("GAAP"). However, management believes that certain supplemental non-GAAP financial measures may provide meaningful information to investors that is useful in understanding Origin's results of operations and underlying trends in its business. However, non-GAAP financial measures are supplemental and should be viewed in addition to, and not as an alternative for, Origin's reported results prepared in accordance with GAAP. The following are the non-GAAP measures used in this presentation: Pre-tax, pre-provision (“PTPP”) earnings, PTPP ROAA, return on average tangible common equity (“ROATCE”), tangible book value per common share, and tangible common equity to tangible assets. Please see “Reconciliation of Non-GAAP Financial Measures” at the end of this presentation for reconciliations of non-GAAP measures to the most directly comparable financial measures calculated in accordance with GAAP. ORIGIN BANCORP, INC. _______

 

ORIGIN BANCORP, INC. _______ LOUISIANA Entry: 1912 Loans: $1,474 Deposits: $3,365 DOLLARS IN MILLIONS, UNAUDITED (1) (2) 3 DEPOSITS & LOANS BY STATE Note: All financial information is as of March 31, 2026. Map location counts include full service branches only as of filing date. Please see slide 30 for all footnote references included above. MISSISSIPPI Entry: 2010 Loans: $567 Deposits: $614 8% 9% 39% 20% 53% 71% Loans (2)Deposits (1) ICS ICS TEXAS Dallas/Fort Worth Houston East Texas Entry: 2008 Entry: 2013 Entry: 2022 Loans: $2,476 Loans: $2,326 Loans: $394 Deposits: $2,036 Deposits: $1,562 Deposits: $935 Total Texas Loans: $5,196 Total Texas Deposits: $4,533 SOUTHEAST (AL/FL) Entry: 2024 Loans: $105 Deposits: $91 11 11 9 17 6 12 BEST BANKS TO WORK FOR IN AMERICA 13 CONSECUTIVE YEARS

 

4 T O D E L I V E R E L I T E L E V E L F I N A N C I A L P E R F O R M A N C E PRODUCTIVITY, DELIVERY & EFFICIENCY BALANCE SHEET OPTIMIZATION CULTURE & EMPLOYEE ENGAGEMENT UPDATED FINANCIAL OUTLOOK 4 Q 2 6* 2 0 2 6* Loan Growth - ex Warehouse (Yr/Yr) Mid to High-Single Digits Mid to High-Single Digits Deposit Growth (Yr/Yr) Mid to High-Single Digits Mid to High-Single Digits NIM 3.75% +/- 5 BPS 3.75% +/- 5 BPS NII Growth (Yr/Yr) Mid to High-Single Digits Mid to High-Single Digits Noninterest Income Growth (Yr/Yr)(3) Low to Mid-Single Digits Mid to High-Single Digits Noninterest Expense Growth (Yr/Yr)(3) Mid-Single Digits Mid-Single Digits PTPP ROAA > 1.72% > 1.65% Tax rate ~ 21.5% ~ 21.5% *Assumes two 25-bp cuts in 2026. NEAR TERM GOAL 1.15% + ROAA RUN RATE BY 4Q26 ULTIMATE TARGET TOP QUARTILE ROAA O P T I M I Z E O R I G I N Please see slide 30 for all footnote references included above.

 

STRONG NET MIGRATION INTO OUR MARKETS WEST -1,140,456 MIDWEST -512,765 NORTHEAST -1,504,304 SOUTH +3,157,525 5 TEXAS SOUTH ALABAMA & FLORIDA PANHANDLE l Baldwin County - 11th fastest growing metro area in the country l High-tech employment population ö 7 of top 10 US defense contractors have a presence in the region l Mobile, AL - 12th largest US port by tonnage l As of October 2025, Mobile Harbor is the deepest harbor on the Gulf Coast l 8th largest economy in the world l #1 in jobs created from December 2024 to December 2025 with 132,500 nonfarm jobs added l Home to 54 Fortune 500 company headquarters l Texas boasts the 2nd largest civilian workforce in the US with over 15 million workers l Texas is the leading destination for corporate relocation & expansion projects l Texas is home to 3.5 million small businesses and hundreds of publicly traded companies l As of 1Q26, Texas continues to lead the nation in high tech exports for the 13th year in a row ORIGIN STRATEGICALLY INVESTS I N T E X A S & S O U T H E A S T THE MOST DYNAMIC GROWTH MARKETS IN THE COUNTRY (4) Please see slide 30 for all footnote references included above. Net Domestic Migration from April 1, 2020 to July 1, 2025

 

6 ORIGIN BANCORP, INC. _______

 

ORIGIN BANCORP, INC. _______ • Net interest income was $87.2 million for 1Q26, reflecting an increase of $550,000, or 0.6%, compared to 4Q25, its highest level ever recorded. • NIM-FTE declined two basis points to 3.71% for 1Q26, compared to 4Q25, and the net interest spread of 2.89% is at its highest level since 4Q22. • Annualized ROAA was 1.11% for 1Q26, reflecting a decrease of eight basis points, or 6.7%, compared to 4Q25. • Total LHFI were $7.86 billion at 1Q26, reflecting an increase of $193.3 million, or 2.5%, compared to 4Q25. LHFI, excluding mortgage warehouse lines of credit (“mortgage warehouse LOC”), were $7.34 billion at 1Q26, reflecting an increase of $199.8 million, or 2.8%, compared to 4Q25. • Total deposits were $8.76 billion at 1Q26, reflecting an increase of $449.0 million, or 5.4%, compared to 4Q25. • During 1Q26, we repurchased 165,500 shares of our common stock at an average price of $41.27 per share. • During April 2026, our board approved an increase in our quarterly dividend from $0.15 to $0.25 per share. • Book value per common share was $40.81 at 1Q26, reflecting an increase of $0.53, or 1.3%, compared to 4Q25. Tangible book value per common share(5) was $35.61 at 1Q26, reflecting an increase of $0.57, or 1.6%, compared to 4Q25. Key Performance Metrics 1Q26 4Q25 B al an ce Sh ee t Total Loans Held for Investment ("LHFI") $ 7,864,221 $ 7,670,917 Total Assets 10,188,144 9,724,722 Total Deposits 8,756,268 8,307,247 In co m e St at em en t Net Income $ 27,693 $ 29,516 Pre-Tax, Pre-Provision ("PTPP") Earnings(5) 40,242 40,607 Diluted Earnings Per Share (“EPS”) 0.89 0.95 Se le ct ed R at io s Fully Tax-Equivalent Net Interest Margin (“NIM- FTE”) 3.71 % 3.73 % Return on Average Assets (annualized) ("ROAA") 1.11 1.19 PTPP ROAA (annualized)(5) 1.61 1.64 Return on Average Stockholders’ Equity (annualized) ("ROAE") 8.86 9.50 Return on Average Tangible Common Equity (annualized) ("ROATCE")(5) 10.15 10.95 Book Value per Common Share $ 40.81 $ 40.28 Tangible Book Value per Common Share(5) 35.61 35.04 Common Equity to Total Assets 12.37 % 12.82 % Tangible Common Equity to Tangible Assets(5) 10.97 11.34 Efficiency Ratio 61.32 60.74 Allowance for Loan Credit Losses ("ALCL") to Total Loans Held for Investment 1.26 1.26 DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS UNAUDITED 7 PERFORMANCE HIGHLIGHTS AT-A-GLANCE - FIRST QUARTER 2026 1Q26 Key Highlights Please see slide 30 for all footnote references included above.

 

ORIGIN BANCORP, INC. _______ TRENDING KEY MEASURES UNAUDITED Diluted EPS ($)Net Income ($) Total Deposits ($) 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 7,342 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 DOLLARS IN THOUSANDS 8 Total Loans Held for Investment ($) DOLLARS IN MILLIONS 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 DOLLARS IN MILLIONS DOLLARS IN MILLIONS Please see slide 30 for all footnote references included above. CAGR 9.9% CAGR 10.8% CAGR 9.2% 6,30321,311 27,693 Efficiency Ratio (%) 59.89 61.32 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 25.05 35.61 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 Tangible Book Value per Common Share(5) ($) (Non-GAAP) 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 Return on Average Assets (%) CAGR 9.8% 0.89 7,864 3.71 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 NIM - FTE (%) 3.23 1.11 1.08 4,995 5,528 8,756 0.90 Loans Held for Investment excl. Mortgage Warehouse LOC ($)

 

ORIGIN BANCORP, INC. _______ 148 10,188 1997 2002 2007 2012 2017 2022 1Q26 DELIVERING STOCKHOLDER VALUE DOLLARS IN MILLIONS Total Assets ($) Core Deposits(6) ($) 3,011 8,351 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26 CAGR 16.2% CAGR 13.2% 9 1,931 2,338 Origin Bancorp, Inc. Cumulative Return ($) KBW Nasdaq Bank Total Return Index ($) 12 /3 1/ 96 12 /3 1/ 01 12 /3 1/ 06 12 /3 1/ 11 12 /3 1/ 16 12 /3 1/ 21 0 500 1,000 1,500 2,000 2,500 Total Stockholder Return(7) ($) IPO May 2018 Please see slide 30 for all footnote references included above. DOLLARS IN MILLIONS UNAUDITED Tangible Book Value per Common Share(5) ($) 18.74 35.61 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26 CAGR 8.1% 12 /3 1/ 25 148 9,725 10,188 1997 2001 2005 2009 2013 2017 2021 2025 1Q26 DOLLARS IN MILLIONS Total Assets ($) CAGR 16.2% 148 10,188 1997 2001 2005 2009 2013 2017 2021 2025 DOLLARS IN MILLIONS Total Assets ($) CAGR 16.2%

 

ORIGIN BANCORP, INC. _______ 10 1,152 1,218 1,311 1,741 1,956 2,247 2,620 4,747 5,276 5,250 5,035 5,196 DFW Houston East Texas 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26 Deposit Trends by Texas Market(10)(11) ($) Loan Trends by Texas Market(2)(9) ($) TEXAS GROWTH STORY Texas Franchise Highlights DOLLARS IN MILLIONS • 31 locations throughout 11 counties including the 4th and 5th largest MSAs in the United States.(8) • Texas franchise represents 71% of LHFI(2) and 53% of deposits(1) at March 31, 2026. 1,128 1,114 1,171 1,395 1,854 2,574 3,132 4,261 4,172 4,524 4,313 4,533 DFW Houston East Texas 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26 Please see slide 30 for all footnote references included above. DOLLARS IN MILLIONS UNAUDITED CAGR 14.5% CAGR 15.8%

 

ORIGIN BANCORP, INC. _______ 193 184 30 (6) 134 69 (5) 56 1Q26 vs 4Q25 4Q25 vs 3Q25 Total Loans Held for Investment Commercial and Industrial Construction/Land/Land Development Mortgage Warehouse Lines of Credits LOAN GROWTH 6,805 7,331 7,225 7,142 7,342 5,593 7,142 7,342 1,212 Origin Acquired 2022 2023 2024 2025 1Q26 0 2,000 4,000 6,000 DOLLARS IN MILLIONS IDT Loans Held for Investment Growth excluding Mortgage Warehouse Lines of Credit ($) 2,894 3,013 2,979 2,994 3,173 2,267 2,994 3,173 627 Origin Acquired 2022 2023 2024 2025 1Q26 0 1,000 2,000 3,000 Commercial and Industrial and Owner-Occupied Commercial Real Estate Growth ($) Please see slide 30 for all footnote references included above. DOLLARS IN MILLIONS UNAUDITED Loans Held for Investment Change ($) 11 DOLLARS IN MILLIONS

 

ORIGIN BANCORP, INC. _______ Commercial & Industrial (“C&I”) 27% Owner-Occupied Commercial Real Estate (“CRE”) Mortgage Warehouse Lines of Credit Non-Owner- Occupied CRE 19% Construction/Land/Land Development (“C&D”) Multifamily Residential Real Estate Single-Family Residential Real Estate & Consumer Real Estate & Construction: 8% Multifamily Residential Real Estate: 7% Retail Shopping: 6% Office Building: 5% Healthcare: 2% Hotels: 1% Restaurants: 1% Auto-Related: 1% Multifamily under Construction: 1% Misc. : 2% Finance & Insurance: 8% Real Estate & Construction: 7% Mortgage Warehouse LOC: 7% Transportation Services: 3% Energy: 3% Retail Shopping: 2% Banks : 2% Healthcare: 2% Restaurants: 1% Professional Services: 1% Consumer Services: 1% Retail Dealers: 1% Entertainment & Recreation: 1% Commercial Services: 1% Misc. : 7% 12 WELL DIVERSIFIED LOAN PORTFOLIO (Dollars in thousands) 1Q26 4Q25 3Q25 2Q25 1Q25 Commercial and Industrial 2,173,126 1,989,218 1,919,782 2,011,178 2,022,085 Owner-Occupied Commercial Real Estate 999,440 1,004,801 986,859 972,788 937,985 Mortgage Warehouse Lines of Credit 522,290 528,781 472,968 574,748 404,131 Total Commercial 3,694,856 3,522,800 3,379,609 3,558,714 3,364,201 Non-Owner-Occupied Commercial Real Estate 1,511,138 1,519,104 1,520,020 1,455,771 1,445,864 Construction/Land/Land Development 641,273 611,220 615,778 653,748 798,609 Multifamily Residential Real Estate 555,527 553,149 540,601 529,899 489,765 Single-Family Residential Real Estate 1,442,792 1,444,611 1,460,696 1,465,535 1,465,192 Consumer Loans 18,635 20,033 20,395 20,779 21,895 Total Loans Held for Investment (“LHFI”) 7,864,221 7,670,917 7,537,099 7,684,446 7,585,526 Loan Portfolio Details ($) C&I, Owner-Occupied CRE & Mtg. Warehouse LOC: $3,695 million C&I, Owner-Occupied CRE, Mortgage Warehouse LOC: 47% Non-Owner-Occupied CRE, C&D, Multi-Family: 34% Loan Composition at March 31, 2026: $7,864 million Please see slide 30 for all footnote references included above. UNAUDITED (12) Non-Owner-Occupied CRE, C&D and Multi-Family: $2,708 million 13% 7% 19% 7% 8%

 

ORIGIN BANCORP, INC. _______ 1.71 1.69 1.84 1.93 1.97 0.15 0.12 1.65 0.17 0.15 Classified Assets / Loans & OREO Net Charge-Offs / Average LHFI (annualized) 1Q25 2Q25 3Q25 4Q25 1Q26 1.10 1.14 1.18 1.07 1.12 0.56 0.16 0.10 0.19 0.22 Nonperforming Assets / Loans & OREO Past due 30 to 89 days and still accruing / LHFI 1Q25 2Q25 3Q25 4Q25 1Q26 13 CREDIT QUALITY Asset Quality Trends (%) Allowance for Loan Credit Losses 92,011 92,426 96,259 96,782 99,015 1.21 1.20 1.28 1.26 1.26 1.28 1.29 1.35 1.34 1.34 ALCL as a percentage of LHFI, adjusted (%) ALCL as a percentage of LHFI (%) ALCL ($) 1Q25 2Q25 3Q25 4Q25 1Q26 DOLLARS IN THOUSANDS (13) Please see slide 30 for all footnote references included above. UNAUDITED 18,981 (123) (3,858) (8,605) 4Q25 Downgrades OREO net transactions Charge-offs Payments 1Q26 83,358 87,306 88,859 81,878 88,273 Total NPA ($) 1Q25 2Q25 3Q25 4Q25 1Q26 Nonperforming Asset Trends ($) • Provision expense for loan credit loss for 1Q26 was $5.0 million, compared to $3.7 million in 4Q25. • Net charge-offs for the quarter were $2.8 million, down from $3.2 million for 4Q25, and represent an annualized charge-off rate of 0.15%.

 

ORIGIN BANCORP, INC. _______ 14 SELECTED SECTORS - KEY PORTFOLIO METRICS March 31, 2026 Non-Owner-Occupied Commercial Real Estate Office Multifamily Residential Real Estate + Under Construction Hotel Retail Shopping Outstanding Loan Balance $ 380,027 $ 639,365 $ 103,198 $ 651,993 % of Loans Held for Investment 4.83 % 8.13 % 1.31 % 8.29 % Avg. Loan Size $ 2,405 $ 3,761 $ 4,691 $ 1,626 Weighted Avg. Loan- to-Value 55.30 % 57.83 % 50.11 % 63.01 % Past Due 30 to 89 Days and Still Accruing Loans/Loans — 0.18 0.09 0.05 Classified Loans / Loans 1.10 0.58 — 0.79 Nonperforming Loans / Loans 1.10 — — — Net Charge-offs / Avg. Loans 0.21 — — — Allowance for Loan Credit Losses / Loans 0.70 1.27 0.91 0.66 DOLLARS IN THOUSANDS, UNAUDITED

 

ORIGIN BANCORP, INC. _______ MBS: 41% CMO: 29% Municipal: 25% Corporate: 5% 1,163 1,156 1,128 1,201 1,201 3.15 3.16 3.62 3.46 3.46 Total Securities ($) Yield (%) 1Q25 2Q25 3Q25 4Q25 1Q26 Investment Securities Average Balance and Yield INVESTMENT SECURITIES DOLLARS IN MILLIONS • Total securities portfolio weighted average effective duration was 4.14 years at March 31, 2026, compared to 4.15 years at December 31, 2025. • Expected principal cash flows from investments with no rate changes: • 2026: $118.2 million • 2027: $131.9 million • 2028: $125.0 million 15 (90.4) (73.6) (61.2) (54.1) (60.8) 1Q25 2Q25 3Q25 4Q25 1Q26 Accumulated Other Comprehensive Loss(14) ($) Investment Securities - AFS at March 31, 2026 Please see slide 30 for all footnote references included above. $1.15B DOLLARS IN MILLIONS UNAUDITED

 

ORIGIN BANCORP, INC. _______ Total Loans at March 31, 2026 (Dollars in thousands) Repricing or Maturity Term Rate Structure 1 Year or less > 1 to 3 Years > 3 to 5 Years > 5 to 10 Years > 10 Years Total Floating Rate(15) Variable Rate(15) Fixed Rate Commercial and Industrial $ 1,762,484 $ 231,174 $ 118,937 $ 60,531 $ — $ 2,173,126 $ 1,710,117 $ 1,128 $ 461,881 Owner-Occupied Commercial Real Estate 468,067 242,646 166,136 122,591 — 999,440 320,550 3,287 675,603 Mortgage Warehouse Lines of Credit 522,290 — — — — 522,290 522,290 — — Total Commercial 2,752,841 473,820 285,073 183,122 — 3,694,856 2,552,957 4,415 1,137,484 Non-Owner-Occupied Commercial Real Estate 887,401 407,456 163,115 53,166 — 1,511,138 655,102 2,346 853,690 Construction/Land/Land Development 471,657 83,294 65,830 20,021 471 641,273 379,113 7,224 254,936 Multifamily Residential Real Estate 398,240 92,375 50,577 11,132 3,203 555,527 310,721 — 244,806 Single-Family Residential Real Estate 423,124 353,991 289,086 166,110 210,481 1,442,792 265,943 688,650 488,199 Consumer 9,687 6,047 2,433 373 95 18,635 4,284 24 14,327 Total Loans Held for Investment $ 4,942,950 $ 1,416,983 $ 856,114 $ 433,924 $ 214,250 $ 7,864,221 $ 4,168,120 $ 702,659 $ 2,993,442 % of Total 62 % 18 % 11 % 6 % 3 % 100 % 53 % 9 % 38 % Weighted Average Coupon Rate 6.07 5.49 6.09 4.55 5.61 5.87 6.31 4.85 5.51 AFS & HTM Securities at March 31, 2026 (Dollars in thousands) Maturity & Projected Principal Cashflow Total1 Year or less > 1 to 3 Years > 3 to 5 Years > 5 to 10 Years > 10 Years Projected Cash Flow $ 153,853 $ 250,969 $ 235,680 $ 437,080 $ 158,014 $ 1,235,596 % of Total 12 % 20 % 19 % 36 % 13 % 100 % LOANS & SECURITIES- REPRICING OR MATURITY 16 UNAUDITED Please see slide 30 for all footnote references included above.

 

ORIGIN BANCORP, INC. _______ Finance & Insurance: 10% Real Estate Rental & Leasing: 7% Other Business Deposits <2%: 7% Construction: 5% Professional, Scientific, & Technical Svcs: 5% Mgmt of Companies & Enterprises: 4% Affiliate: 4% Other Svcs (except Public Administration): 3% Manufacturing: 3% Health Care & Social Assistance:2% Mining: 2% Misc: 5% Consumer 30% Public Funds: 13% 29% 23%6% 37% 4% 1% 17 DEPOSIT DETAIL (Dollars in thousands) 1Q26 4Q25 3Q25 2Q25 1Q25 QoQ % Δ Total Deposits $ 8,756,268 $ 8,486,568 $ 8,510,842 $ 8,505,464 $ 8,251,125 3.2 % FDIC Insured (3,464,116) (3,464,116) (3,442,636) (3,447,538) (3,425,268) — FDIC Insured Reciprocal (1,093,952) (1,093,952) (799,221) (801,145) (801,699) — FDIC Insured Brokered Deposits (431,609) (431,609) (636,814) (597,110) (444,989) — Total Estimated FDIC Uninsured Deposits 3,766,591 3,496,891 3,632,171 3,659,671 3,579,169 7.7 Collateralized Public Funds (714,431) (714,431) (771,419) (836,150) (849,603) — Uninsured/ Uncollateralized Deposits ($) $ 3,052,160 $ 2,782,460 $ 2,860,752 $ 2,823,521 $ 2,729,566 9.7 Uninsured/ Uncollateralized Deposits (%) 34.9 % 32.8 % 33.6 % 33.2 % 33.1 % Deposit Detail Deposit Concentration(1) at March 31, 2026: $8,756 million Deposit Composition at March 31, 2026: $8,756 million MississippiLouisiana Texas- DFW TX- East TexasTexas- Houston Please see slide 30 for all footnote references included above. UNAUDITED Southeast 16% 17% 18% 38% 10% 1% (Dollars in thousands) 1Q26 4Q25 3Q25 2Q25 1Q25 QoQ % Δ Total Deposits $ 8,756,268 $ 8,307,247 $ 8,331,830 $ 8,123,036 $ 8,338,412 5.4 % FDIC Insured (3,490,869) (3,465,133) (3,407,017) (3,372,038) (3,546,288) 0.7 FDIC Insured Reciprocal (1,277,061) (915,033) (1,056,176) (992,673) (1,022,142) 39.6 FDIC Insured Brokered Deposits — — — (25,000) (50,000) — Total Estimated FDIC Uninsured Deposits 3,988,338 3,927,081 3,868,637 3,733,325 3,719,982 1.6 Collateralized Public Funds (840,360) (860,049) (690,933) (830,182) (822,009) (2.3) Uninsured/ Uncollateralized Deposits ($) $ 3,147,978 $ 3,067,032 $ 3,177,704 $ 2,903,143 $ 2,897,973 2.6 Uninsured/ Uncollateralized Deposits (%) 36.0 % 36.9 % 38.1 % 35.7 % 34.8 % Deposit Detail 19% 1% 14% 52% 13% 1% 449 237 154 83 7 (32) Total Deposits Money Market Interest-Bearing Demand Noninterest-Bearing Deposit Savings Time Deposits (Non- Brokered) Linked Quarter Deposit Change ($) DOLLARS IN MILLIONS, PERIOD END BALANCES Customer Deposits +(1)MM Commercial: 57% Commercial: 57% Consumer: 30% Public Funds: 13%

 

ORIGIN BANCORP, INC. _______ 3.69 3.45 3.37 3.30 3.08 3.23 3.20 3.20 2.90 2.66 2.52 2.47 2.46 2.20 2.05 Time Deposits Total Interest-Bearing Deposits Total Deposits 1Q25 2Q25 3Q25 4Q25 1Q26 18 8,348 8,159 8,232 8,372 8,647 5,539 5,409 5,511 5,557 5,857 1,837 1,881 1,901 2,002 1,978 972 869 820 813 812 Interest-Bearing Demand Noninterest-Bearing Time Deposits 1Q25 2Q25 3Q25 4Q25 1Q26 Average Deposits ($) DEPOSIT TRENDS IDT DOLLARS IN MILLIONS UNAUDITED Deposit Cost Trends (QTD Annualized) (%) Time Deposit Repricing Schedule(17) Maturity Balance ($) Weighted Average Rate (%) 2Q26 380 3.24 3Q26 229 2.93 4Q26 102 2.74 1Q27 52 2.30 2Q27+ 34 1.48 Total 797 2.95 DOLLARS IN MILLIONS 57.14 57.35 66.00 71.00 69.90 68.53 66.86 5.26 4.65 4.33 4.33 4.30 3.90 3.64 3.14 2.79 2.52 2.47 2.46 2.20 2.05 Cumulative Deposit Beta Average Quarterly Fed Funds Rate Cost of Total Deposit 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Please see slide 30 for all footnote references included above. Total Deposit Beta (%) Customer Deposits +(1)MM (16)

 

ORIGIN BANCORP, INC. _______ 2.58 2.52 2.49 2.26 2.06 3.23 3.20 3.20 2.90 2.66 2.52 2.47 2.46 2.20 2.05 Cost of Total Deposits & Borrowings Cost of Interest Bearing Deposits Cost of Total Deposits 1Q25 2Q25 3Q25 4Q25 1Q26 19 YIELDS AND COSTS Yield on Loans Held for Investment (%) Cost of Funds (%) • At 1Q26, Loans Held for Investment with fixed rates = 38% and Loans Held for Investment with floating/variable rates = 62%. • At 1Q26, SOFR-based = $2.84 billion, Prime-based = $1.84 billion. UNAUDITED 6.33 6.33 6.33 6.22 6.06 7.50 7.50 7.46 7.02 6.75 4.36 4.33 4.35 4.09 3.68 Yield on Loans Held for Investment Avg. Prime Rate 30 Day Avg. SOFR 1Q25 2Q25 3Q25 4Q25 1Q26

 

ORIGIN BANCORP, INC. _______ 78,459 82,136 83,704 86,694 87,244 64,368 64,802 66,021 68,493 70,5935,047 8,217 7,393 7,723 6,3899,044 9,117 10,290 10,478 10,262 3.44 3.61 3.65 3.73 3.71 Net Interest Income excl. Mtg Warehouse LOC & Invest. Secur. NII ($) Mtg. Warehouse LOC Interest Income ($) Investment Securities Net Interest Income ($) NIM (FTE) (%) 1Q25 2Q25 3Q25 4Q25 1Q26 20 DOLLARS IN THOUSANDS, UNAUDITED NET INTEREST INCOME AND NIM TRENDS 3.73 0.07 0.05 0.02 (0.01) (0.03) (0.03) (0.03) (0.06) 4Q25 Subordinated debentures Savin gs a nd IB Transc. Acct s Tim e Deposits IB Bal. D FB Other Commerci al a nd Industr ial MW LOC Real E sta te lo ans 1Q26 3.25 3.50 3.75 4.00 24.64 29.52 21.01 8.58 2.041.54 2.480.77 2.18 3.65 4.51 5.26 5.33 4.65 3.90 Cumulative NIM-FTE Beta Average Quarterly Fed Funds Rate 2Q23 3Q23 4Q23 1Q24 3Q24 4Q24 1Q25 2Q25 1Q26 NIM Beta - 1Q26 (%) 2.48 2.48 4.99 NIM-FTE Changes - 1Q26 (%) NIM-FTE Changes - 1Q26 (%) 73,32372,989 1,362 1,537 568 432 (298) (3,267) 4Q 23 RE Lo an s C&I MW LO C Othe r FH LB & O the r Bor ro wing s Sav ing s & IB Tr an sa c. Acc ts. 1Q 24 40,000 60,000 80,000 • Our net interest spread increased to 2.89%, or nine basis points, compared to 4Q25 and is at its highest level since the quarter ended December 31, 2022. • Net interest income increased $550,000 during 1Q26 compared to 4Q25 and $8.8 million compared to 1Q25. • Our NIM-FTE decreased two-basis points during 1Q26 compared to 4Q25 and increased 27-basis points compared to 1Q25. Net Interest Income & NIM 3.71 Yield/Rate 1Q26 4Q25 3Q25 2Q25 1Q25 YoY Change NIM - FTE 3.71 3.73 3.65 3.61 3.44 27 bps Loans Held For Investment 6.06 6.22 6.33 6.33 6.33 (27) bps Securities 3.46 3.46 3.62 3.16 3.15 31 bps Cost of Total Deposits 2.05 2.20 2.46 2.47 2.52 (47) bps Interest Earning Assets 5.56 5.76 5.89 5.87 5.79 (23) bps Interest Bearing Liabilities 2.67 2.96 3.22 3.25 3.30 (63) bps Yield/Rate Highlights (%) +27 bps

 

ORIGIN BANCORP, INC. _______ 94,746 98,110 100,783 103,730 103,601 Net Interest Income Noninterest Income 1Q25 2Q25 3Q25 4Q25 1Q26 15,859 15,766 14,551 13,782 17,406 7,927 6,661 6,598 5,931 9,597 4,716 4,927 4,965 5,043 4,951 2,301 2,809 2,262 2,128 2,295915 1,369 726 680 563 Insurance Commission & Fee Income Service Charges & Fees Other Fee Income Mortgage Banking Revenue 1Q25 2Q25 3Q25 4Q25 1Q26 21 Major Components of Noninterest Income ($) Net Interest Income + Noninterest Income ($)(3) NET REVENUE DISTRIBUTION Components of Other Noninterest Income ($) 1Q26 4Q25 3Q25 2Q25 1Q25 Argent Investment Income (18) 1,754 1,980 1,227 — — Limited Partnership Investment Loss (18) (3,271) (121) (677) (1,909) (1,692) Swap Fee Income 54 58 1,387 1,435 533 Change in fair value of equity investments — — 6,972 — — Loss on Sale of Securities — — — (14,448) — Other 852 1,037 2,668 524 902 Total Components of Other Noninterest Income (611) 2,954 11,577 (14,398) (257) Major Components of Noninterest Income 17,406 13,782 14,551 15,766 15,859 Total Noninterest Income 16,795 16,736 26,128 1,368 15,602 83.5% 84.2% Please see slide 30 for all footnote references included above. DOLLARS IN THOUSANDS, UNAUDITED 84.3%83.1%83.7%

 

ORIGIN BANCORP, INC. _______ 22 Efficiency Ratio (%) NONINTEREST EXPENSE ANALYSIS Major Components of Noninterest Expense ($) 64.81 66.82 68.86 83.85 65.99 74.23 56.48 61.32 Consolidated Efficiency Ratio 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Operating Leverage (%) 2.59 2.49 2.61 2.57 2.56 2.53 2.54 2.56 66.82 68.86 83.85 65.99 74.23 56.48 60.74 61.32 Noninterest Expense / Average Assets Efficiency Ratio 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 53,965 54,004 53,235 52,390 53,853 37,731 38,280 37,863 37,015 38,397 8,544 7,187 7,079 6,961 6,984 2,957 3,432 3,526 3,672 4,050 2,972 3,337 3,184 3,243 2,937 1,761 1,768 1,583 1,499 1,485 Salaries and Employee Benefits Occupancy and Equipment, net Data Processing Office and Operations Intangible Asset Amortization 1Q25 2Q25 3Q25 4Q25 1Q26 Components of Other Noninterest Expense ($) 1Q26 4Q25 3Q25 2Q25 1Q25 Professional Services 2,649 2,703 1,395 1,285 1,250 Electronic Banking 1,442 1,545 1,470 1,359 1,354 Advertising and Marketing 1,360 1,746 1,524 1,158 1,133 Regulatory Assessments 1,335 1,528 1,269 1,345 1,392 Loan-Related Expenses 895 787 979 669 599 Other Expenses 2,263 2,124 2,156 2,163 2,375 Total Components of Other Noninterest Expense 9,944 10,433 8,793 7,979 8,103 Major Components of Noninterest Expense 53,853 52,390 53,235 54,004 53,965 Total Noninterest Expense 63,797 62,823 62,028 61,983 62,068 DOLLARS IN THOUSANDS, UNAUDITED

 

ORIGIN BANCORP, INC. _______ 86.1 87.5 84.8 86.0 83.8 LHFI excl. Mortgage Warehouse LOC to Total Deposits LHFI to Total Deposits 1Q25 2Q25 3Q25 4Q25 1Q26 1,079 1,099 1,265 814 1,094 486 334 627 424 666 593 765 638 390 428 Cash and Cash Equivalents Liquid Securities 1Q25 2Q25 3Q25 4Q25 1Q26 Cash and Cash Equivalents + Liquid Securities ($) 23 LIQUIDITY Loan to Deposit Ratios (%) UNAUDITED Liquidity Sources 1Q26 Borrowed Funds as a Percent of Total Liabilities (%) DOLLARS IN MILLIONS DOLLARS IN THOUSANDS PERIOD END BALANCES PERIOD END BALANCES 1.19 2.57 1.20 0.42 0.33 Borrowed Funds as a Percent of Total Liabilities 1Q25 2Q25 3Q25 4Q25 1Q26 FHLB Borrowing Availability $ 2,398,777 Unpledged AFS Securities 458,191 Fed Funds Lines and Fed Discount Window 1,478,471 Total Additional Liquidity Sources a $ 4,335,439 Cash and Cash Equivalent b $ 666,203 Uninsured, Non-collateralized Deposits c $ 3,147,978 Coverage Ratio d = (a+b)/c 1.59x 91.0 94.6 90.5 92.3 89.8

 

ORIGIN BANCORP, INC. _______ 24 CAPITAL Common Equity Tier 1 Capital to Risk-Weighted Assets(19) (%) ICap ICap Total Capital to Risk-Weighted Assets(19) (%) Tier 1 Capital to Risk-Weighted Assets(19) (%) Tier 1 Capital to Average Assets (Leverage Ratio)(19) (%) Please see slide 30 for all footnote references included above. UNAUDITED Stock Repurchase Program • 165,500 shares repurchased in 1Q26 at an average price per share of $41.27. • There was $31.7 million remaining repurchase authorization at March 31, 2026. 11.5 11.7 11.7 11.9 11.7 11.2 11.2 11.0 10.9 10.9 Company Level Origin Bank Level 1Q25 2Q25 3Q25 4Q25 1Q26 13.8 13.7 13.8 13.7 13.8 13.4 13.1 12.9 12.6 12.8 Company Level Origin Bank Level 1Q25 2Q25 3Q25 4Q25 1Q26 15.8 15.7 15.9 14.9 15.0 14.6 14.3 14.2 13.8 14.0 Company Level Origin Bank Level 1Q25 2Q25 3Q25 4Q25 1Q26 13.6 13.5 13.6 13.5 13.6 13.4 13.1 12.9 12.6 12.8 Company Level Origin Bank Level 1Q25 2Q25 3Q25 4Q25 1Q26 Well Capitalized 5.0% Well Capitalized 6.5% Well Capitalized 10.0% Well Capitalized 8.0% 75,121 9,185 14,327 79,855 11,501 4,753 4,769 4,782 4,745 4,669 4,382 9,510 1,914 6,832 70,368 73,196 0.15 0.15 0.15 0.15 0.15 Dividends Declared Common Shares Repurchased Sub-debt Redeemed Dividends per Share 1Q25 2Q25 3Q25 4Q25 1Q26 Uses of Regulatory Capital ($) DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS (20) (20) (20)

 

ORIGIN BANCORP, INC. _______ QTD 1Q26 4Q25 $ Impact EPS Impact (21) $ Impact EPS Impact (21) Notable interest expense items: OID amortization - subordinated debenture redemption $ — $ — $ (783) $ (0.02) Notable provision expense items: Provision expense on relationships related to or impacted by questioned banker activity — — (10) — Provision expense related to borrower fraud — — (13) — Notable noninterest income items: Insurance recovery income related to questioned banker activity 438 0.01 483 0.01 Notable noninterest expense items: Operating expense related to questioned banker activity (542) (0.01) (698) (0.02) Operating expense related to strategic Optimize Origin initiatives(22) — — (51) — Operating expense related to borrower fraud (473) (0.01) (587) (0.01) Total notable items $ (577) (0.01) $ (1,659) (0.04) 25 DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, UNAUDITED NOTABLE ITEMS Please see slide 30 for all footnote references included above.

 

ORIGIN BANCORP, INC. _______ 1Q26 4Q25 Calculation of PTPP earnings: Net income $ 27,693 $ 29,516 Provision for credit losses 4,965 3,158 Income tax expense 7,584 7,933 PTPP earnings (non-GAAP) $ 40,242 $ 40,607 Calculation of PTPP ROAA: PTPP earnings $ 40,242 $ 40,607 Divided by number of days in the quarter 90 92 Multiplied by the number of days in the year 365 365 PTPP earnings, annualized $ 163,204 $ 161,104 Divided by total average assets $ 10,126,491 $ 9,829,752 ROAA (annualized) (GAAP) 1.11 % 1.19 % PTPP ROAA (annualized) (non-GAAP) 1.61 1.64 Calculation of tangible common equity to tangible assets: Total assets $ 10,188,144 $ 9,724,722 Goodwill (128,679) (128,679) Other intangible assets, net (31,877) (33,362) Tangible assets 10,027,588 9,562,681 Total common stockholders' equity $ 1,260,275 $ 1,246,685 Goodwill (128,679) (128,679) Other intangible assets, net (31,877) (33,362) Tangible common equity 1,099,719 1,084,644 Common equity to total assets 12.37 % 12.82 % Tangible common equity to tangible assets (non-GAAP) 10.97 11.34 26 DOLLARS IN THOUSANDS, UNAUDITED RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

 

ORIGIN BANCORP, INC. _______ 1Q26 4Q25 Calculation of ROATCE: Net income $ 27,693 $ 29,516 Divided by number of days in the quarter 90 92 Multiplied by the number of days in the year 365 365 Annualized net income $ 112,311 $ 117,102 Total average stockholders' equity $ 1,267,888 $ 1,232,878 Average goodwill (128,679) (128,679) Average other intangible assets, net (32,679) (34,293) Average tangible common equity 1,106,530 1,069,906 ROAE (annualized) (GAAP) 8.86 % 9.50 % ROATCE (annualized) (non-GAAP) 10.15 10.95 27 DOLLARS IN THOUSANDS, UNAUDITED RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

 

ORIGIN BANCORP, INC. _______ Calculation of tangible book value per common share: 1Q26 4Q25 3Q25 2Q25 1Q25 4Q24 3Q24 2Q24 Total common stockholders' equity $ 1,260,275 $ 1,246,685 $ 1,214,756 $ 1,205,769 $ 1,180,177 $ 1,145,245 $ 1,145,673 $ 1,095,894 Goodwill (128,679) (128,679) (128,679) (128,679) (128,679) (128,679) (128,679) (128,679) Other intangible assets, net (31,877) (33,362) (34,861) (36,444) (38,212) (37,473) (39,272) (41,177) Tangible common equity 1,099,719 1,084,644 1,051,216 1,040,646 1,013,286 979,093 977,722 926,038 Divided by common shares outstanding at period end 30,879,462 30,952,428 30,967,768 31,224,718 31,244,006 31,197,574 31,167,410 31,108,667 Book value per common share (GAAP) $ 40.81 $ 40.28 $ 39.23 $ 38.62 $ 37.77 $ 36.71 $ 36.76 $ 35.23 Tangible book value per common share (non-GAAP) 35.61 35.04 33.95 33.33 32.43 31.38 31.37 29.77 1Q24 4Q23 3Q23 2Q23 1Q23 4Q22 3Q22 2Q22 Total common stockholders' equity $ 1,078,853 $ 1,062,905 $ 998,945 $ 997,859 $ 992,587 $ 949,943 $ 907,024 $ 646,373 Goodwill (128,679) (128,679) (128,679) (128,679) (128,679) (128,679) (136,793) (34,153) Other intangible assets, net (43,314) (45,452) (42,460) (44,724) (47,277) (49,829) (52,384) (15,900) Tangible common equity 906,860 888,774 827,806 824,456 816,631 771,435 717,847 596,320 Divided by common shares outstanding at period end 31,011,304 30,986,109 30,906,716 30,866,205 30,780,853 30,746,600 30,661,734 23,807,677 Book value per common share (GAAP) $ 34.79 $ 34.30 $ 32.32 $ 32.33 $ 32.25 $ 30.90 $ 29.58 $ 27.15 Tangible book value per common share (non-GAAP) 29.24 28.68 26.78 26.71 26.53 25.09 23.41 25.05 28 RECONCILIATION OF NON-GAAP FINANCIAL MEASURES DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, UNAUDITED

 

ORIGIN BANCORP, INC. _______ AFS - Available for sale MSA - Metropolitan Statistical Area ALCL - Allowance for loan credit losses NIE - Noninterest expense CAGR - Compound annual growth rate NIM - Net interest margin C&I - Commercial & industrial loans NIM - FTE - Net interest margin, fully tax equivalent CMO - Collateralized mortgage obligations OID AMORTIZATION - Original issue discount amortization CORE DEPOSITS - Total deposits excluding time deposits greater than $250,000, brokered and Certificate of Deposit Account Registry Service deposits OREO - Other real estate owned PTPP - Pre-tax, pre-provision CRE - Commercial real estate loans PTPP ROAA - Pre-tax, pre-provision return on average assets DFW - Dallas/Fort Worth QTD - Quarter-to-date EPS - Earnings per share QoQ - Quarter-over-quarter FDIC - Federal Deposit Insurance Corporation ROAA - Return on average assets FHLB - Federal Home Loan Bank ROAE - Return on average equity GAAP - Generally accepted accounting principles ROATCE - Return on average tangible common equity LOC - Letters of credit SOFR - Secured Overnight Financing Rate LHFI - Loans held for investment YoY - Year over year MBS - Mortgage-backed securities YTD - Year-to-date GLOSSARY OF TERMS 29

 

ORIGIN BANCORP, INC. _______ 30 PRESENTATION NOTES (1) Excludes Treasury/wholesale deposits of $153.7 million at March 31, 2026. (2) Excludes mortgage warehouse LOC. (3) Excludes notable items. (4) Data obtained from Office of the Texas Governor (gov.texas.gov), Bureau of Labor Statistics (bls.gov), Baldwin County Economic Development Council (baldwineda.com), Florida's Great Northwest (floridasgreatnorthwest.com), Bureau of Transportation Statistics (bts.gov) and Port of Mobile, Alabama Port Authority (alports.com). (5) As used in this presentation, PTPP earnings, PTPP ROAA, ROATCE, tangible book value per common share, and tangible common equity to tangible assets are either non-GAAP financial measures or use a non-GAAP contributor in the formula. For a reconciliation of these alternative financial measures to their comparable GAAP measures, see slides 26-28 of this presentation. (6) Core deposits are total deposits excluding time deposits greater than $250,000, brokered and Certificate of Deposit Account Registry Service deposits. (7) Origin Bancorp, Inc. and KBW Nasdaq Bank cumulative total shareholder return assumes $100 invested on December 31, 1996, and any dividends are reinvested. Data for Origin Bancorp, Inc. cumulative total shareholder return prior to May 9, 2018, is based upon private stock transactions and is not reflective of open market trades. (8) Data obtained from The United States Census Bureau (census.gov). Count is as of most recent practicable date. (9) Excludes Paycheck Protection Program (“PPP”) loans for 2020 and 2021. (10) Excludes Treasury/wholesale deposits for all periods presented. Periods at or prior to December 31, 2023, were adjusted to include mortgage warehouse deposits in our DFW market. (11) The DFW and Houston markets have been adjusted to include $108.0 million of deposits in total that were sold on December 31, 2024, and immediately repurchased on January 2, 2025. The DFW and Houston markets have been adjusted to include $61.5 million of deposits in total that were sold on December 31, 2025, and immediately repurchased on January 2, 2026. (12) Does not include loans held for sale. (13) The ALCL to total LHFI, adjusted is calculated by excluding the ALCL for mortgage warehouse LOC from the total LHFI ALCL in the numerator and excluding the mortgage warehouse LOC from the LHFI in the denominator. Due to their low-risk profile, mortgage warehouse LOC require a disproportionately low allocation of the ALCL. (14) The accumulated other comprehensive loss primarily represents the unrealized loss, net of tax benefit, of available for sale securities and is a component of equity. (15) Floating rate loans typically reprice monthly, while variable rate loans reprice based upon the terms defined within the adjustable rate loan agreement specific to their loan contract. (16) Uses total deposits costs for the month ended August 31, 2024, as the cycle starting point. (17) Projection is based upon March 31, 2026, time deposit balances. (18) Argent investment income and limited partnership investment (loss) income are components of equity method investment (loss) income on the face of the income statement. (19) March 31, 2026, capital ratios are estimated. (20) Sub-debt redeemed includes the amortization of the original issue discount (“OID”) and fair value mark. $34,000 and $35,000 of the sub-debt OID and fair value mark amortization is included in the quarters ended 2Q25 and 3Q25, respectively. (21) The diluted EPS impact is calculated using a 21% effective tax rate. The total of the diluted EPS impact of each individual line item may not equal the calculated diluted EPS impact on the total notable items due to rounding. (22) Operating expenses related to strategic Optimize Origin initiatives are expected to be immaterial and, accordingly, will no longer be separately tracked beginning with the quarter ended March 31, 2026. Operating expenses of $51,000 related to strategic Optimize Origin initiatives for the quarters ended December 31, 2025, included sub-lease income of $40,000 which was recorded in noninterest income on the face of the income statements.

 



                                                Exhibit 99.3
obnklogoa53.jpg
FOR IMMEDIATE RELEASE
April 22, 2026

Origin Bancorp, Inc. Announces Declaration of Quarterly Cash Dividend
RUSTON, LOUISIANA (April 22, 2026) - Origin Bancorp, Inc. (NYSE: OBK) ("Origin"), the holding company for Origin Bank, today announced that on April 22, 2026, its board of directors declared a quarterly cash dividend of $0.25 per share of its common stock. The cash dividend will be paid on May 29, 2026, to stockholders of record as of the close of business on May 15, 2026.
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.
Forward-Looking Statements
When used in filings by Origin Bancorp, Inc. (the "Company") with the Securities and Exchange Commission (the "SEC"), in the Company's press releases or other public or stockholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases "anticipates," "believes," "estimates," "expects," “foresees,” "intends," "plans," "projects," and similar expressions or future or conditional verbs such as "could," "may," “might,” "should," "will," and "would" or variations of such terms" are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. Factors that might cause such a difference include among other things: the expected payment date of its quarterly cash dividend; changes in economic conditions; other legislative changes generally; changes in policies by regulatory agencies; fluctuations in interest rates; the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for loan losses; the Company's ability to access cost-effective funding; fluctuations in real estate values and both residential and commercial real estate market conditions; demand for loans and deposits in the Company's market area; competition; and changes in management’s business strategies and other factors set forth in the Company's filings with the SEC.
The Company does not undertake and specifically declines any obligation - to update or revise any forward-looking statements to reflect events or circumstances that occur after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.



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

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

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

6 documents

Press Releases

Other Documents