The bank has strengthened its capital base, improving the equity-to-assets ratio from 0.07 in 2024Q1 to 0.11 by 2026Q1, while maintaining a significant $2.1 billion investment securities portfolio.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|
| Cash & Short Term Investments | 1.66B | 362.57M | 594.11M | 637.33M | 619.54M | 770.98M | 451.34M | 280.03M | 273.91M | 327.92M | 306.62M | 320.42M | 9.52M | 10.29M | 11.29M | 0 |
| Cash & Due from Banks | 257.54M | 204.23M | 150.33M | 147.38M | 86.08M | 306.18M | 121.23M | 25.11M | 18.37M | 30.22M | 27.34M | 15.59M | 9.52M | 10.29M | 11.29M | 0 |
| Short Term Investments | 158.97M | 158.34M | 443.77M | 489.95M | 533.46M | 464.8M | 330.11M | 254.91M | 255.54M | 297.7M | 279.28M | 304.83M | 0 | 0 | 0 | 0 |
| Total Investments | 2.08B | 2.08B | 2.23B | 2.21B | 2.08B | 1.74B | 1.47B | 1.13B | 981.95M | 867.12M | 813.41M | 742.05M | 0 | 0 | 0 | 0 |
| Investments Growth % | -4.22% | -6.86% | 0.98% | 6.28% | 19.7% | 18.54% | 29.25% | 15.56% | 13.24% | 6.6% | 9.62% | - | - | - | - | - |
| Long-Term Investments | 7.64B | 1.92B | 1.79B | 1.72B | 1.55B | 1.27B | 1.14B | 879.85M | 726.41M | 569.42M | 534.13M | 437.22M | 0 | 0 | 0 | 0 |
| Accounts Receivables | 10.99M | 10.38M | 6.68M | 5.93M | 6.32M | 6.64M | 6.29M | 3.2M | 3.01M | 2.79M | 2.58M | 2.47M | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 5.82M | 5.89M | 6.18M | 6.47M | 6.75M | 7.04M | 7.32M | 7.61M | 7.89M | 8.18M | 8.46M | 8.75M | 9.04M | 9.32M | 9.61M | 0 |
| Goodwill | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 5.36M | 0 |
| Intangible Assets | 464K | 535K | 821K | 1.11M | 1.39M | 1.68M | 1.96M | 2.25M | 2.54M | 2.82M | 3.11M | 3.39M | 3.68M | 3.96M | 4.25M | 0 |
| PP&E (Net) | 15.64M | 15.48M | 15.81M | 16.16M | 18.77M | 14.6M | 14.02M | 14.6M | 13.93M | 13.69M | 14.29M | 14.38M | 13.79M | 14.12M | 14.4M | 13.13M |
| Other Assets | 332.54M | 343.1M | 97.48M | 97.7M | 69.26M | 69.56M | 49.4M | 44.27M | 39.71M | 38.75M | 43.63M | 39.58M | 693.79M | 644.03M | 0 | -18.5M |
| Total Current Assets | 427.51M | 372.95M | 600.79M | 643.26M | 625.86M | 777.62M | 457.63M | 283.23M | 276.92M | 330.71M | 309.2M | 322.89M | 9.52M | 10.29M | 11.29M | 0 |
| Total Non-Current Assets | 2.28B | 2.29B | 1.91B | 1.84B | 1.66B | 1.36B | 1.21B | 946.32M | 787.96M | 630.03M | 600.51M | 499.94M | 716.61M | 667.47M | 24.01M | 0 |
| Total Assets | 2.71B | 2.66B | 2.51B | 2.49B | 2.29B | 2.14B | 1.66B | 1.23B | 1.06B | 960.74M | 909.71M | 822.83M | 726.13M | 677.76M | 663.76M | 637.84M |
| Asset Growth % | 21.34% | 5.95% | 0.98% | 8.66% | 6.76% | 28.69% | 35.41% | 15.46% | 10.84% | 5.61% | 10.56% | 13.32% | 7.14% | 2.11% | 4.06% | - |
| Return on Assets (ROA) | 1.67% | 1.61% | 1.12% | 1.24% | 1.1% | 1.12% | 0.81% | 1% | 0.75% | 0.25% | 0.42% | -0.02% | 0.88% | 0.97% | 1.2% | 1.19% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 34.58M | 34.55M | 143.09M | 254.02M | 150.95M | 22.38M | 22.32M | 8M | 38.56M | 23.11M | 88.17M | 73.22M | 73.26M | 73.31M | 73.35M | 82.8M |
| Net Debt | -222.96M | -169.68M | -7.24M | 106.64M | 64.87M | -283.8M | -98.91M | -17.11M | 20.18M | -7.11M | 60.83M | 57.62M | 63.74M | 63.02M | -11.29M | 82.8M |
| Long-Term Debt | 34.58M | 34.55M | 29.59M | 29.52M | 19.45M | 22.38M | 22.32M | 8M | 38.56M | 23.11M | 63.16M | 73.22M | 73.26M | 73.31M | 73.35M | 70M |
| Short-Term Debt | 0 | 0 | 113.5M | 224.5M | 131.5M | 0 | 0 | 0 | 0 | 0 | 25M | 0 | 0 | 4M | 0 | 12.8M |
| Other Liabilities | 29.65M | 30.09M | 27.95M | 27.32M | 0 | 0 | 0 | 0 | 0 | 23.75M | 0 | 0 | 554.51M | 502.51M | 0 | -74.94M |
| Total Current Liabilities | 2.35B | 2.31B | 2.27B | 2.26B | 2.13B | 1.94B | 1.51B | 1.1B | 917.78M | 822.57M | 754.17M | 654.65M | 8.61M | 7.89M | 6.86M | 0 |
| Total Non-Current Liabilities | 64.23M | 64.64M | 57.54M | 56.84M | 19.45M | 22.38M | 22.32M | 8M | 38.56M | 46.87M | 63.16M | 73.22M | 627.77M | 575.82M | 73.35M | 0 |
| Total Liabilities | 2.41B | 2.38B | 2.32B | 2.32B | 2.15B | 1.96B | 1.53B | 1.11B | 956.33M | 869.43M | 817.33M | 727.86M | 627.77M | 583.71M | 568.93M | 545.67M |
| Total Equity | 291.66M | 284.36M | 185.53M | 165.38M | 138.14M | 182.84M | 135.42M | 122.06M | 108.54M | 91.31M | 92.38M | 94.97M | 98.36M | 94.05M | 94.83M | 92.17M |
| Equity Growth % | 180.3% | 53.27% | 12.19% | 19.72% | -24.45% | 35.01% | 10.95% | 12.46% | 18.87% | -1.16% | -2.72% | -3.45% | 4.58% | -0.82% | 2.89% | - |
| Equity / Assets (Capital Ratio) | 10.78% | 10.69% | 7.39% | 6.65% | 6.04% | 8.53% | 8.13% | 9.93% | 10.19% | 9.5% | 10.16% | 11.54% | 13.55% | 13.88% | 14.29% | 14.45% |
| Return on Equity (ROE) | 16.09% | 17.71% | 15.89% | 19.42% | 15.18% | 13.38% | 9.07% | 9.96% | 7.56% | 2.56% | 3.88% | -0.17% | 6.44% | 6.89% | 8.32% | 8.25% |
| Book Value per Share | 21.84 | 22.73 | 16.41 | 14.69 | 12.29 | 18.40 | 15.02 | 13.61 | 13.45 | 11.66 | 23.60 | 24.27 | 25.13 | 24.02 | 24.15 | 23.43 |
| Tangible BV per Share | 21.41 | 22.26 | 15.87 | 14.12 | 11.69 | 17.69 | 14.21 | 12.76 | 12.47 | 10.62 | 21.44 | 22.04 | 22.82 | 21.64 | 21.70 | 23.43 |
| Common Stock | 3.35M | 3.34M | 2.84M | 2.84M | 2.84M | 2.84M | 2.27M | 2.27M | 2.27M | 2M | 998K | 998K | 998K | 1M | 1M | 1M |
| Additional Paid-in Capital | 165.82M | 164.59M | 120.9M | 120.39M | 120.11M | 119.83M | 85.11M | 85.18M | 85.5M | 69.48M | 70.47M | 70.53M | 0 | 0 | 1.16M | 1.16M |
| Retained Earnings | 173.31M | 164.43M | 129.92M | 107.36M | 84.64M | 64.94M | 47.68M | 39.59M | 30.96M | 26.67M | 26.59M | 27.15M | 30.53M | 27.54M | 92.8M | 0 |
| Accumulated OCI | -50.63M | -47.81M | -67.75M | -64.11M | -68.2M | -3.44M | 1.82M | -4.04M | -8.99M | -5.46M | -4.17M | -2.03M | 68.25M | 67.31M | 0 | 91.47M |
| Treasury Stock | -199K | -199K | -375K | -1.11M | -1.25M | -1.33M | -1.46M | -926K | -1.19M | -1.36M | -1.5M | -1.68M | -1.42M | -1.8M | -1.48M | -1.47M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE concentration and provisioning
As reported in recent financial statements, OBT has grown total assets from $2.5 billion in 2024Q1 to $2.7 billion by 2026Q1, a trend largely driven by a significant expansion of the investment securities portfolio, which now accounts for approximately $2.1 billion of the total asset base.
The bank's asset growth appears to be heavily weighted toward securities rather than aggressive loan book expansion, which may indicate a cautious stance toward credit risk in the current environment. Investors should monitor whether this shift toward a larger securities portfolio is a temporary liquidity management strategy or a more permanent move to de-risk the balance sheet.
Based on the provided quarterly data, OBT has maintained an equity-to-assets ratio that improved from 0.07 in 2024Q1 to 0.11 in 2026Q1, suggesting a strengthening capital position that provides a buffer against potential volatility in the bank's commercial real estate and wealth management business segments.
The steady increase in the equity-to-assets ratio suggests that management is prioritizing capital preservation to support long-term growth. This capital build-up may provide the bank with the necessary flexibility to pursue opportunistic acquisitions or absorb potential credit losses without needing to access dilutive external capital markets.
According to the bank's balance sheet filings, cash and cash equivalents reached $257.5 million in 2026Q1, representing a notable increase from the $144.7 million reported in 2024Q1, which indicates a robust liquidity position capable of supporting the bank's high-touch commercial and wealth management service model.
The accumulation of cash reserves appears to be a deliberate effort to maintain liquidity in a competitive regional market. This liquidity profile suggests that the bank is well-positioned to meet potential deposit outflows or fund new loan opportunities without relying on expensive wholesale funding sources.
As evidenced by the $2.1 billion investment securities portfolio, OBT holds a significant portion of its assets in fixed-income instruments, which warrants further investigation into potential unrealized losses that may not be fully captured in the current equity-to-assets ratio of 0.11 as reported in 2026Q1.
While the securities portfolio provides liquidity, the concentration of assets in this category exposes the bank to interest rate risk that could impact tangible book value. Investors should monitor the duration of these holdings and the potential for future AOCI volatility to affect the bank's overall capital adequacy.
Quick answers to the most common questions about buying OBT stock.
As of 2025, Orange County Bancorp, Inc. (OBT) had total assets of $2.66B including $373.0M in current assets.
Orange County Bancorp, Inc. (OBT) carries total debt of $34.6M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Orange County Bancorp, Inc. (OBT) has total shareholders' equity (book value) of $284.4M ($22.73 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Orange County Bancorp, Inc. (OBT) reported a current ratio of 0.16x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.