Origin Bancorp IncNYSE OBK Stock Report

Origin Bancorp, Inc. is a bank holding company, which provides financial services to small and medium-sized businesses, municipalities, individuals, and retail clients. The company is headquartered in Ruston, Louisiana and currently employs 1,041 full-time employees. The company went IPO on 2018-05-09. The firm provides a range of financial services and operates more than 60 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana and Mississippi. The firm is focused on delivering a range of relationship-driven financial services tailored to meet the needs of small and medium-sized businesses, municipalities and retail clients. The company operates through one segment, which is community banking. The firm is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and consumer loans. The company originates loans secured by single and multi-family real estate, residential construction and commercial buildings. The firm's consumer loan portfolio is composed of secured and unsecured loans that it originates. Its commercial and industrial loans include working capital, inventory, equipment and capital expansion.