Origin Bancorp, Inc.

Origin Bancorp, Inc.

Origin Bancorp, Inc. was founded in 1912 as a single community bank in Choudrant, Louisiana. Under Chairman and CEO Drake Mills, the firm has expanded well beyond its rural roots, executing a series of mergers that stitched together a regional banking franchise from the Texas Panhandle to the Florida Panhandle. The holding company absorbed institutions like BT Holdings, Inc. and Davie Financial Corporation, converting local balance sheets into a unified lending and deposit engine. The bank's primary lending concentrations are commercial real estate, construction and land development, and commercial and industrial loans. C&I lending includes owner-occupied commercial real estate, healthcare finance, and mortgage warehouse lending — a niche line that provides short-term credit to mortgage originators. On the funding side, Origin gathers deposits through 60-plus banking centers in Louisiana, Texas, and Mississippi. The bank also maintains wealth management and insurance brokerage divisions, generating noninterest income from trust fees, mortgage servicing, and property-casualty commissions. As of June 2024, Origin held $9.7 billion in consolidated total assets, $6.8 billion in total loans, and $7.2 billion in total deposits. The bank's loan portfolio is geographically concentrated: Texas represents 37% of total loans, Louisiana 34%, and Mississippi 20%. Management has publicly emphasized a preference for in-footprint lending and relationship-based underwriting over transactional credit. In February 2025, Origin closed on the acquisition of a small Louisiana bank, reinforcing its strategy of infill M&A in existing markets. Origin Bancorp operates as a publicly traded bank holding company on the NYSE under ticker OBK, not a family office or private investment vehicle. The structural differentiator is its hybrid approach to scale: a community-bank credit culture combined with a Sun Belt acquisition strategy more typical of regional consolidators. The mortgage warehouse division and insurance agency add counter-cyclical fee income streams that pure-play lenders lack, creating a balance-sheet architecture designed to perform across rate cycles.