obnk-202210110001516912false00015169122022-10-112022-10-11
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)
October 11, 2022
ORIGIN BANCORP, INC.
(Exact name of Registrant as specified in its charter)
| | | | | | | | | | | | | | |
Louisiana | | 001-38487 | | 72-1192928 |
(State or other jurisdiction of incorporation) | | (Commission File No.) | | (I.R.S. Employer Identification No.) |
| | | |
500 South Service Road East
Ruston, LA 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 class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common Stock, par value $5.00 per share | | OBNK | | Nasdaq Global Select Market |
| | | | | |
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 7.01 | Regulation FD Disclosure |
On October 11, 2022, Origin Bancorp, Inc. (the “Registrant”) issued a press release announcing that on Thursday, October 27, 2022, at 8:00 a.m. Central Time, the Registrant will host an investor conference call and webcast to review its third quarter 2022 financial results. A copy of the press release is attached hereto as Exhibit 99.1, which is incorporated herein by reference. The webcast will include a slide presentation which consists of information regarding the Registrant's operations and financial performance. The presentation materials will be posted on the Registrant's website after market close on October 26, 2022.
As provided in General Instructions B.2 to Form 8-K, the information furnished in this Item 7.01 and in Exhibit 99.1 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.
On October 11, 2022, Origin Bancorp, Inc. (the “Registrant”) announced the completion of the merger of its subsidiary bank, BTH Bank, N.A., Quitman, Texas (“BTH Bank”), with and into its subsidiary bank, Origin Bank, Choudrant, Louisiana, with Origin Bank surviving the merger. The bank merger was effective October 7, 2022, and occurred alongside the successful completion of the related data processing conversion over the weekend of October 8-9, 2022, following which all former banking locations of BTH Bank will now operate as banking locations of Origin Bank. A copy of the press release is attached hereto as Exhibit 99.2, which is incorporated herein by reference.
| | | | | |
ITEM 9.01 | Financial Statements and Exhibits |
(d) | Exhibits. The following are furnished as exhibits to this Current Report on Form 8-K. |
Exhibit 99.1 | |
Exhibit 99.2 | |
Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| | | | | | | | |
Dated: October 11, 2022 | | ORIGIN BANCORP, INC. |
| | |
| | By: /s/ William J. Wallace, IV |
| | William J. Wallace, IV |
| | Senior Executive Officer and Chief Financial Officer |
DocumentFOR IMMEDIATE RELEASE
October 11, 2022
Origin Bancorp, Inc. Announces Third Quarter 2022 Earnings Release and Conference Call
RUSTON, LA, October 11, 2022 - Origin Bancorp, Inc. (Nasdaq: OBNK) (“Origin”), the financial holding company for Origin Bank, plans to issue third quarter 2022 results after the market closes on Wednesday, October 26, 2022, and hold a conference call to discuss such results on Thursday, October 27, 2022, at 8:00 a.m. Central Time (9:00 am Eastern Time). The conference call will be hosted by Drake Mills, Chairman, President and CEO of Origin, Steve Brolly, Chief Accounting Officer of Origin, and Lance Hall, President and CEO of Origin Bank.
Conference Call and Live Webcast
To participate in the live conference call, please dial (888) 437-3179 (U.S. and Canada dial-in); (862) 298-0702 (International dial-in) and request to be joined into the Origin Bancorp, Inc. (OBNK) 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://www.webcaster4.com/Webcast/Page/2864/46747.
Conference Call Webcast Archive
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 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 59 banking centers located from Dallas/Fort Worth, East Texas and Houston, across North Louisiana and into Mississippi. For more information, visit www.origin.bank.
Contact Information
Investor Relations
Chris Reigelman
318-497-3177
chris@origin.bank
Media Contact
Ryan Kilpatrick
318-232-7472
rkilpatrick@origin.bank
DocumentFOR IMMEDIATE RELEASE
October 11, 2022
ORIGIN BANCORP, INC. COMPLETES MERGER OF SUBSIDIARY BANKS
RUSTON, Louisiana (October 11, 2022) – Origin Bancorp, Inc. (Nasdaq: OBNK) (“Origin” or the “Company”) today announced the completion of the merger of its subsidiary bank, BTH Bank, N.A., Quitman, Texas (“BTH Bank”), with and into its subsidiary bank, Origin Bank, Choudrant, Louisiana, with Origin Bank surviving the merger. The bank merger was effective October 7, 2022, and occurred alongside the successful completion of the related data processing conversion over the weekend of October 8-9, 2022, following which all former banking locations of BTH Bank now operate as banking locations of Origin Bank.
“With the bank merger now complete, we look forward to serving the customers and communities of BTH Bank under the Origin Bank brand. This partnership provides Origin Bank a strong presence in East Texas and strengthens our Dallas and Fort Worth markets,” said Drake Mills, Chairman, President and Chief Executive Officer of Origin. “I firmly believe that our unwavering commitment to the BTH Bank markets, coupled with Origin Bank’s dedication to local decision-making, will create an exceptional experience for our new customers and communities in these markets.”
Lori Sirman, the former President and CEO of BTH Bank and now Executive Vice President of Origin Bank added, “We’re thrilled to bring the Origin Bank experience to our customers and communities and firmly believe that this partnership makes our combined organizations stronger. We look forward to building on the legacy of BTH Bank as we continue to grow alongside our new colleagues at Origin Bank.”
With the completion of the bank merger, Origin has approximately $9.46 billion in assets, $6.88 billion in loans and $7.78 billion in deposits on a consolidated basis.
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 59 banking centers located from Dallas/Fort Worth, East Texas and Houston, across North Louisiana and into Mississippi. For more information, visit www.origin.bank.
FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans and the future performance of Origin. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “projects,” “could,” “may,” “should,” “will” or other similar words and expressions are intended to identify these forward-looking statements. These forward-looking statements are based on Origin’s current expectations and assumptions regarding its business, the economy, and other future conditions. Because forward-looking statements relate to future results and occurrences, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Many possible events or factors could affect Origin’s future financial results and performance and could cause actual results or performance to differ materially from anticipated results or performance. Except to the extent required by applicable law or regulation, Origin disclaims any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments. Further information regarding Origin and factors which could affect the forward-looking statements contained herein can be found in Origin’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings with the SEC.
ADDITIONAL INFORMATION
For additional information on Origin Bancorp, Inc., you may obtain copies of the documents filed with the SEC by Origin free of charge through the website maintained by the SEC at www.sec.gov, by accessing Origin’s Investor Relations website at ir.origin.bank or, alternatively, by directing a request by mail or telephone to Origin Bancorp, Inc., 500 South Service Road East, Ruston, Louisiana 71270, Attn: Investor Relations, (318) 497-3177.
Contact Information
Investor Relations
Chris Reigelman
318-497-3177
chris@origin.bank
Media Contact
Ryan Kilpatrick
318-232-7472
rkilpatrick@origin.bank