OCBI News and Press, Orange County Bancorp From 10/25/23

Net Income increased $1.2 million, or 15.1%, to $9.0 million for the quarter ended September 30, 2023 from $7.9 million for the quarter ended September 30, 2022 Net interest margin increased 8 basis points, or 2.2%, reaching 3.78% for the quarter ended September 30, 2023 from 3.70% for the q...

Appointment Reflects Bank's Continuous Bronx-Based Growth MIDDLETOWN, NY / ACCESSWIRE / September 27, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the appointment of Olga Luz Tirado to the Company'...

Net Income increased $7.0 million, or 330.6%, to $9.1 million for the quarter ended June 30, 2023 from $2.1 million for the quarter ended June 30, 2022 Total Assets grew $206.6 million, or 9.0%, to $2.5 billion at June 30, 2023 from $2.3 billion at year-end 2022 Total Loans grew $143.7 ...

Significant Milestone Reflects Bank's Continued Growth MIDDLETOWN, NY / ACCESSWIRE / June 26, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, Inc. ("HVIA") announced today it ha...

Appoints Jacob Rahiman as Chief Human Resources Officer and Senior Vice President MIDDLETOWN, NY / ACCESSWIRE / June 15, 2023 / Orange Bank & Trust Company, the economic engine of New York's Hudson Valley for more than 131 years, today announced the appointment of Jacob Rahiman as Chief ...

Net Interest Income increased $4.8 million, or 29.4%, to $21.1 million for the quarter ended March 31, 2023 from $16.3 million for the quarter ended March 31, 2022 Total Assets grew $167.0 million, or 7.3%, to $2.5 billion at March 31, 2023 as compared to $2.3 billion at year-end 2022. ...

MIDDLETOWN, NY / ACCESSWIRE / February 17, 2023 / On February 16, 2023, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The divi...

Net income for Q4 2022 reached a quarterly record $9.1 million, a $3.6 million, or 65.0% increase, over net income of $5.5 million in Q4 2021, due primarily to increased interest income Net income for fiscal year 2022 reached a record $24.4 million, a $3.1 million, or 14.4% increase, over ne...

Orange County Bancorp has filed to raise $30 million in an IPO. The bank operates a network of community bank branches in New York State. OCB faces ultra-low interest rates and reduced net interest margins, so I'll watch the IPO from the sidelines. For further details see: ...

MIDDLETOWN, NY / ACCESSWIRE / July 29, 2021 / Orange County Bancorp, Inc. (the "Company"), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. ("HVIA"), today announced the launch of its initial public offering of common stock. The Company is offerin...