Orange County Bancorp net income surges 49% on margin expansion; credit quality deteriorates

Filed March 16, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 17, 2025 · ~1 min read

Key Changes

• high

  Net income jumped 49% to $41.6M driven by 35 basis point margin expansion to 4.18%, $46M equity raise, and $3.6M BOLI death benefit. Loan growth accelerated to 7.4% from 3.9% prior year.

  MD&A: Financial Performance verify on EDGAR →
• high

  Nonperforming loans increased 76% to $11.1M (0.57% of loans) while allowance coverage of NPLs fell from 414% to 255%. Classified assets doubled to $132M (5% of total assets), signaling emerging credit stress.

  MD&A: Asset Quality verify on EDGAR →
• high

  CRE concentration reached 81% of loans ($1.6B), though regulatory metrics improved: CRE-to-capital declined from 422% to 370%, and 36-month growth slowed from 76% to 44%.

  Risk Factors: CRE Concentration verify on EDGAR →