OBT Q2 2026: Net income +30.6% to $13.7M on margin expansion, tax benefit; NPLs double

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 11, 2025 · ~1 min read

Key Changes

• high

  Non-performing loans nearly doubled to $22.2M (1.16% of loans) from $11.7M a year earlier.

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

  Litigation against Valley National Bank over a non-performing CRE loan participation settled confidentially in May 2026; case had been in discovery as of June 2025.

  Legal Proceedings verify on EDGAR →
• medium

  reverses prior year's 16.9% growth.

  MD&A: Wealth Management verify on EDGAR →