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Income Statement
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Origin Bancorp, Inc. (OBNK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  286.2218.8209.1206.9169.4138.9127.8
        Interest income on investments  35.020.916.715.314.311.09.9
       326.6241.7228.7227.1188.1152.6139.2
    Interest expense:  
        Interest on deposits  33.513.427.244.729.719.315.3
        Interest on borrowings  9.44.75.98.14.42.42.7
       51.325.437.253.434.622.318.5
Net interest income  275.3216.3191.5173.7153.5130.3120.7
Provision for loan losses  24.7-10.859.99.61.08.330.1
Net interest income after provision for loan losses  250.6227.0131.6164.1152.4122.090.6
        Other non-interest income  57.362.264.746.541.229.241.9
Total non-interest income  57.362.264.746.541.229.241.9
Non-interest expenses  200.4156.8151.9144.1131.2130.7116.7
Equity in earnings  -0.25.70.10.00.80.4 
Pre-tax income before non-recurring items  113.4132.243.166.262.331.515.8
Non-recurring items  6.0    11.0 
Asset impairment   -0.2-1.2-0.3-0.2  
Pre-tax income  107.4132.444.466.562.420.515.8
Income taxes  19.723.98.012.710.85.82.9
            Tax rate  18.4%18.0%18.0%19.0%17.4%28.4%18.5%
Net income  87.7108.536.453.948.79.88.1
            Net margin  28.5%37.5%18.5%25.6%25.1%6.5%6.1%
   
Basic EPS  $3.29$4.63$1.56$2.30$2.21$0.51$0.46
Diluted EPS  $3.28$4.60$1.55$2.28$2.19$0.50$0.46
   
Shares outstanding (basic)  26.623.423.423.522.019.417.5
Shares outstanding (diluted)  26.823.623.523.722.219.617.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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