Orange County Bancorp Q1 FY26 net income rises 29.6% to $11.28 million
Orange County Bancorp, Inc.
Orange County Bancorp, Inc. OBT | 0.00 |
- Orange County Bancorp posted net income of USD 11.28 million for quarter ended March 31, 2026, up 29.6% year over year.
- Net interest income climbed 18.1% to USD 27.9 million as interest expense fell 21.3% to USD 6.52 million.
- Provision for credit losses swung to a net recovery of USD 436,000 from a provision a year earlier.
- Nonperforming loans more than doubled to USD 26.09 million, lifting nonperforming loans-to-total loans to 1.34% from 0.57% at Dec. 31, 2025.
- Deposits rose 1.7% to USD 2.35 billion as brokered deposits dropped to about USD 30 million from USD 125 million at Dec. 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orange County Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-058511), on May 11, 2026, and is solely responsible for the information contained therein.
