Origin Bancorp, Inc. · NYSE:OBK
Origin Bancorp — Q2 2026 Earnings Presentation
31 slides from Origin Bancorp's earnings presentation, Jul 23, 2026
Slide 1: Origin Bancorp, Inc. 2Q26 Investor Presentation
ORIGIN BANCORP, INC. 2Q TWENTY26 INVESTOR PRESENTATION
Slide 2: Forward-Looking Statements and Non-GAAP Measures
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 “Com
Slide 3: Best Banks to Work For in America; Deposits & Loans by State
BEST BANKS TO WORK FOR IN AMERICA 13 CONSECUTIVE YEARS * 11 17 6 9 1 1 11 * Commercial Team Hired in 2Q26. DEPOSITS & LOANS BY STATE DOLLARS IN MILLIONS, UNAUDITED (1) (2) Deposits (1) Loans (2) TEXAS Dallas/Fort Worth Houston East Texas Entry: 2008 Entry: 2013 Entry: 2022 52% Loans: $2,468 Loans: $
Slide 4: Optimize Origin to Deliver Elite Level Financial Performance
OPTIMIZE ORIGIN TO DELIVER ELITE LEVEL FINANCIAL PERFORMANCE PRODUCTIVITY, DELIVERY BALANCE SHEET CULTURE & EMPLOYEE & EFFICIENCY OPTIMIZATION ENGAGEMENT UPDATED FINANCIAL OUTLOOK NEAR TERM GOAL ULTIMATE TARGET 1.15% + ROAA RUN RATE BY 4Q26 TOP QUARTILE ROAA 4Q26 2026 Loan Growth - ex Warehouse (Yr/
Slide 5: Origin Strategically Invests in Texas & Southeast
ORIGIN STRATEGICALLY INVESTS (4) IN TEXAS & SOUTHEAST THE MOST DYNAMIC GROWTH MARKETS IN THE COUNTRY TEXAS l 8th largest economy in the world STRONG l Texas gained 98,000 nonfarm jobs from May 2025 to May 2026 outpacing the annual job growth rate for the U.S. as a whole NET MIGRATION INTO OUR MARKET
Slide 6: Origin Bancorp, Inc.
6 ORIGIN BANCORP, INC. _______
Slide 7: Optimize Origin & Culture
OPTIMIZE ORIGIN & CULTURE GLINT RESULTS ....................................................................................................................................... FINANCIAL GLOBAL TOP 10% CATEGORY AUGUST 2024 MARCH 2026 INDUSTRY BENCHMARK BENCHMARK CULTURE 90 92 N/A 82 ENGAGEMENT 88 91
Slide 8: Performance Highlights At-a-Glance - Second Quarter 2026
PERFORMANCE HIGHLIGHTS AT-A-GLANCE - SECOND QUARTER 2026 DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS UNAUDITED Key Performance Metrics 2Q26 1Q26 2Q26 Key Highlights • The Company delivered strong performance, and Total Loans Held for Investment ("LHFI") $ 8,073,577 $ 7,864,221 in some cases recor
Slide 9: Trending Key Measures
TRENDING KEY MEASURES UNAUDITED Total Loans Held Net Income ($) Diluted EPS ($) Total Deposits ($) for Investment ($) DOLLARS IN THOUSANDS DOLLARS IN MILLIONS DOLLARS IN MILLIONS % CAGR 3.0 33,846 1.09 4.3% CAGR 8,703 8,074 7,777 6,883 0.57 16,243 1Q 22 1Q 23 1Q 24 1Q 25 1Q 22 1Q 23 1Q 24 1Q 25 1Q 2
Slide 10: Delivering Stockholder Value
DELIVERING STOCKHOLDER VALUE UNAUDITED Total Assets ($) Core Deposits(6) ($) DOLLARS IN MILLIONS DOLLARS IN MILLIONS 10,277 % 6. 0% R 12.7 8,323 G R1 CAG CA 3,011 148 1997 2002 2007 2012 2017 2022 2Q26 2017 2018 2019 2020 2021 2022 2023 2024 2025 2Q26 Total Stockholder Return(7) ($) Tangible Book Va
Slide 11: Texas Growth Story
TEXAS GROWTH STORY UNAUDITED Texas Franchise Highlights Loan Trends by Texas Market(2)(9) ($) DOLLARS IN MILLIONS • 31 locations throughout 11 counties 5.6% 1 including the 4th and 5th largest MSAs CAGR in the United States.(8) 5,276 5,250 5,284 5,035 4,747 • Texas franchise represents 71% of LHFI(2
Slide 12: Loan Growth
LOAN GROWTH UNAUDITED Loans Held for Investment Growth excluding Commercial and Industrial and Owner-Occupied Mortgage Warehouse Lines of Credit ($) Commercial Real Estate Growth ($) DOLLARS IN MILLIONS DOLLARS IN MILLIONS 7,331 7,484 7,225 7,142 3,190 6,805 2,894 3,013 2,979 2,994 7,484 3,000 7,142
Slide 13: Well Diversified Loan Portfolio
(12) WELL DIVERSIFIED LOAN PORTFOLIO UNAUDITED Loan Composition at June 30, 2026: $8,074 million C&I, Owner-Occupied CRE & Mtg. Warehouse LOC: $3,780 million Single-Family Residential Finance & Insurance: 8% Real Estate Mortgage Warehouse LOC: 7% & Consumer Real Estate & Construction: 7% 18% Commerc
Slide 14: Credit Quality
CREDIT QUALITY UNAUDITED Asset Quality Trends (%) 1.18 1.93 1.97 1.14 1.12 1.84 1.79 1.07 1.69 0.98 1.65 0.12 0.17 0.15 0.02 0.16 0.19 0.22 0.10 0.06 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 3Q25 4Q25 1Q26 2Q26 Nonperforming Assets / Loans & OREO Classified Assets / Loans & OREO Past due 30 to 89 days and stil
Slide 15: Selected Sectors - Key Portfolio Metrics
SELECTED SECTORS - KEY PORTFOLIO METRICS DOLLARS IN THOUSANDS, UNAUDITED Multifamily Non-Owner-Occupied Residential June 30, 2026 Commercial Real Hotel Retail Shopping Real Estate + Estate & C&D Office Under Construction Outstanding Loan $ 393,051 $ 672,734 $ 115,357 $ 695,327 Balance % of Loans Hel
Slide 16: Investment Securities
INVESTMENT SECURITIES UNAUDITED Investment Securities Average Balance and Yield DOLLARS IN MILLIONS 1,201 1,201 • Total securities portfolio weighted average 1,156 1,128 1,178 effective duration was 4.08 years at June 30, 2026, compared to 4.14 years at March 31, 2026. 3.62 3.59 3.46 3.46 • Expected
Slide 17: Loans & Securities - Repricing or Maturity
LOANS & SECURITIES- REPRICING OR MATURITY UNAUDITED Total Loans at June 30, 2026 Repricing or Maturity Term Rate Structure 1 Year or > 1 to 3 > 3 to 5 > 5 to 10 Floating Variable > 10 Years Total Fixed Rate (Dollars in thousands) less Years Years Years Rate(15) Rate(15) Commercial and Industrial $ 1
Slide 18: Deposit Detail
DEPOSIT DETAIL UNAUDITED Deposit Change Compared to Linked Quarter ($) Deposit Composition at June 30, 2026: $8,703 million DOLLARS IN MILLIONS, PERIOD END BALANCES Commercial: 60% Public Funds: Total Deposits (53) 10% Finance & Insurance: 11% Real Estate Rental & Leasing: 8% Noninterest-Bearing 197
Slide 19: Deposit Trends
DEPOSIT TRENDS UNAUDITED Average Deposits ($) Total Deposit Beta (%) DOLLARS IN MILLIONS 8,372 8,647 8,463 8,159 8,232 71.00 69.90 68.53 70.00 813 812 766 66.00 66.86 869 820 1,978 57.14 57.35 1,901 2,002 2,080 1,881 5.26 4.65 4.33 4.33 4.30 3.90 3.64 3.63 5,409 5,511 5,557 5,857 5,617 3.14 2.79 2.5
Slide 20: Yields and Costs
YIELDS AND COSTS UNAUDITED Yield on Loans Held for Investment (%) 7.50 7.46 7.02 6.75 6.75 6.33 6.33 6.22 6.14 6.06 4.33 4.35 4.09 3.68 3.63 2Q25 3Q25 4Q25 1Q26 2Q26 Yield on Loans Held for Investment Avg. Prime Rate 30 Day Avg. SOFR Cost of Funds (%) 3.20 3.20 2.90 2.66 2.64 2.52 2.49 2.26 2.06 2.0
Slide 21: Net Interest Income and NIM Trends
NET INTEREST INCOME AND NIM TRENDS DOLLARS IN THOUSANDS, UNAUDITED Net Interest Income & NIM NIM-FTE Changes - 2Q26 (%) 92,200 83,704 86,694 87,244 0.02 82,136 4.00 0.03 0.02 3.92 10,556 0.05 10,290 10,478 10,262 9,117 7,685 0.06 7,723 6,389 (0.04) 8,217 7,393 73,959 0.07 68,493 70,593 64,802 66,021
Slide 22: Net Revenue Distribution
NET REVENUE DISTRIBUTION DOLLARS IN THOUSANDS, UNAUDITED Net Interest Income + Noninterest Income ($)(3) 103,730 103,601 107,592 98,110 100,783 83.7% 83.1% 84.3% 84.2% 85.7% 2Q25 3Q25 4Q25 1Q26 2Q26 Net Interest Income Noninterest Income Major Components of Noninterest Income ($) Components of Other
Slide 23: Noninterest Expense Analysis
NONINTEREST EXPENSE ANALYSIS DOLLARS IN THOUSANDS, UNAUDITED Major Components of Noninterest Expense ($) Operating Leverage (%) 55,971 54,004 53,853 1,484 53,235 52,390 1,768 1,485 3,174 1,583 1,499 2.61 3,337 2,937 2.57 2.56 2.54 2.56 2.57 3,184 3,243 3,738 2.53 2.49 3,432 4,050 3,526 3,672 83.85 7
Slide 24: Liquidity
LIQUIDITY UNAUDITED Cash and Cash Equivalents + Liquid Securities ($) Liquidity Sources 2Q26 DOLLARS IN MILLIONS DOLLARS IN THOUSANDS 1,265 1,247 FHLB Borrowing Availability $ 2,166,143 1,099 638 1,094 700 Fed Discount Window 1,352,930 765 428 814 Unpledged AFS Securities 734,667 390 666 Fed Funds a
Slide 25: Capital
CAPITAL UNAUDITED Tier 1 Capital to Average Assets (Leverage Ratio)(19) (%) Uses of Regulatory Capital ($) 11.7 11.7 11.9 11.7 12.1 DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS 11.2 11.0 10.9 10.9 11.4 79,855 Well Capitalized 75,121 5.0% 2Q25 3Q25 4Q25 1Q26 2Q26 Company Level Origin Bank Level Com
Slide 26: Notable Items
NOTABLE ITEMS DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, UNAUDITED QTD YTD 2Q26 1Q26 2Q26 $ Impact EPS Impact (21) $ Impact EPS Impact (21) $ Impact EPS Impact (21) Notable provision expense items: Provision release on relationships related to or impacted by questioned banker activity $ 18 $ —
Slide 27: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES DOLLARS IN THOUSANDS, UNAUDITED 2Q26 1Q26 Calculation of PTPP earnings: Net income $ 33,846 $ 27,693 Provision for credit losses 65 4,965 Income tax expense 9,270 7,584 PTPP earnings (non-GAAP) $ 43,181 $ 40,242 Calculation of PTPP ROAA: PTPP earnings $
Slide 28: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES DOLLARS IN THOUSANDS, UNAUDITED 2Q26 1Q26 Calculation of ROATCE: Net income $ 33,846 $ 27,693 Divided by number of days in the quarter 91 90 Multiplied by the number of days in the year 365 365 Annualized net income $ 135,756 $ 112,311 Total average stoc
Slide 29: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, UNAUDITED Calculation of tangible book value per common share: 2Q26 1Q26 4Q25 3Q25 2Q25 1Q25 4Q24 3Q24 Total common stockholders' equity $ 1,281,057 $ 1,260,275 $ 1,246,685 $ 1,214,756 $ 1,205,769 $ 1,180,1
Slide 30: Glossary of Terms
GLOSSARY OF TERMS AFS - Available for sale MSA - Metropolitan Statistical Area ALCL - Allowance for loan credit losses NIE - Noninterest expense CAGR - Compound annual growth rate NII - Net interest income C&D - Construction/land/land development loans NIM - Net interest margin C&I - Commercial & in
Slide 31: Presentation Notes
PRESENTATION NOTES (1) Excludes Treasury/wholesale deposits of $75.7 million at June 30, 2026. (2) Excludes mortgage warehouse lines of credit. (3) Excludes notable items. (4) Data obtained from Office of the Texas Governor (gov.texas.gov), Bureau of Labor Statistics (bls.gov), Baldwin County Econom