← Orange County Bancorp, Inc. /DE/
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net income | $11.7m |
$21.3m
+82.27%
|
$24.4m
+14.45%
|
$29.5m
+20.99%
|
$27.9m
-5.41%
|
$41.6m
+49.25%
|
$29.5m
-29.00%
|
|
| Depreciation | $1.3m | $1.4m | $1.4m | $1.7m | $1.7m | $1.5m | $1.7m | |
| Amortization of intangibles | $286k | $285k | $286k | $285k | $286k | $286k | $286k | |
| Amortization of subordinated notes issuance costs | — | $69k | $71k | $73k | $71k | $76k | — | |
| Net amortization of investment premiums | $2.3m | $2.0m | $1.7m | $1.2m | $1.1m | $889k | — | |
| Deferred income tax provision (benefit) | ($260k) | ($403k) | ($958k) | $103k | $69k | $240k | $240k | |
| Stock-based compensation | $154k | $69k | $503k | $818k | $1.8m | $1.1m | $1.9m | |
| Accrued interest receivable | ($3.1m) | ($349k) | $323k | $386k | ($746k) | ($3.7m) | — | |
| Other assets | ($4.0m) | ($5.6m) | ($3.2m) | $3.2m | ($2.7m) | ($1.4m) | — | |
| Other liabilities | $1.5m | $5.1m | $863k | $3.5m | $611k | $2.6m | — | |
| Net cash from operating activities | $11.3m |
$20.3m
+79.13%
|
$30.5m
+50.01%
|
$44.5m
+45.98%
|
$34.6m
-22.24%
|
$43.8m
+26.72%
|
$23.0m
-47.63%
|
|
| Purchases of premises and equipment | ($692k) | ($2.0m) | ($1.5m) | ($3.5m) | ($1.7m) | ($2.5m) | — | |
| Disposal of premises and equipment | — | — | — | $435k | $46k | — | — | |
| Proceeds from sale of premises and equipment | — | — | — | $435k | $375k | $2.5m | — | |
| Net cash from/(used) by investing activities | ($331.0m) | ($291.3m) | ($434.1m) | ($144.9m) | ($29.4m) | ($74.2m) | — | |
| Cash dividends paid | ($3.6m) | ($4.0m) | ($4.7m) | ($5.2m) | ($5.3m) | ($7.1m) | ($5.7m) | |
| Net cash from/(used) financing activities | $415.7m |
$455.9m
+9.67%
|
$183.5m
-59.75%
|
$161.7m
-11.88%
|
($2.2m)
-101.38%
|
$84.2m
+3870.76%
|
— | |
| Beginning cash and cash equivalents | $121.2m | $306.2m | $86.1m | $147.4m | $150.3m | $204.2m | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Provision for credit losses | — | — | $9.5m | $7.9m | $7.7m | $7.7m | — | |
| Accretion on loans | ($2.8m) | ($5.6m) | ($3.6m) | ($3.0m) | ($2.2m) | ($2.6m) | — | |
| Charges on redemption of subordinated notes | — | — | — | — | — | $500k | — | |
| Investment securities losses | ($804k) | — | — | ($107k) | — | $568k | — | |
| Restricted stock expense | $413k | $475k | $166k | $53k | $5k | $0 | — | |
| Earnings on bank owned life insurance | ($702k) | ($793k) | ($950k) | ($984k) | ($815k) | ($878k) | — | |
| Gain on bank owned life insurance proceeds | — | — | — | — | — | ($3.6m) | — | |
| Gain on sale of asset | — | — | — | — | — | ($1.2m) | — | |
| Purchases of investment securities available-for-sale | ($218.8m) | ($258.2m) | ($211.7m) | ($6.8m) | ($5.4m) | ($22.6m) | — | |
| Proceeds from sale of investment securities available-for-sale | — | — | — | $7.3m | — | $13.7m | $62.9m | |
| Proceeds from paydowns of investment securities available-for-sale | $100.9m | $84.3m | $57.6m | $37.7m | $35.6m | $38.4m | — | |
| Proceeds from maturities and calls of investment securities available-for-sale | $46.9m | $29.6m | $8.6m | $4.1m | $10.2m | $16.6m | — | |
| Purchase of restricted investment in bank stocks | $25k | ($783k) | ($12.1m) | ($54.0m) | ($55.5m) | ($50.0m) | — | |
| Proceeds from redemptions of restricted investment in bank stocks | — | $15k | $4.8m | $49.0m | $60.3m | $53.8m | — | |
| Net decrease (increase) in loans | ($216.0m) | ($125.8m) | ($279.7m) | ($179.1m) | ($73.3m) | ($137.5m) | — | |
| Proceeds from bank owned life insurance | — | — | — | — | — | $13.5m | — | |
| Net increase in deposits | $406.2m | $425.1m | $60.0m | $64.4m | $114.6m | $157.0m | — | |
| Net change in FHLB advances, short term | — | — | $131.5m | $93.0m | ($111.0m) | ($113.5m) | — | |
| Redemption of subordinated notes | — | — | — | — | — | ($20.0m) | — | |
| Issuance of subordinated notes, net of issuance costs | $19.3m | — | — | — | — | $24.6m | — | |
| Capital raise, net of issuance costs | — | $35.3m | — | — | — | $43.4m | — | |
| Purchases of treasury stock | ($1.2m) | ($379k) | ($308k) | ($447k) | ($518k) | ($158k) | — | |
| Net change in cash and cash equivalents | $96.1m | $184.9m | ($220.1m) | $61.3m | $3.0m | $53.9m | — | |
| Interest paid | $4.6m | $4.0m | $6.1m | $27.5m | $36.9m | $30.5m | $34.8m | |
| Income taxes paid | $3.0m | $3.7m | $7.3m | $7.8m | $10.1m | $10.4m | — | |
| Lease liabilities arising from obtaining right-of-use assets | $1.9m | $3.0m | $1.4m | $1.1m | $513k | $1.8m | — |