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Origin Bancorp (Origin Bancorp) Net Interest Margin (Bank Only) % : 3.26% (As of Mar. 2024)


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What is Origin Bancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Origin Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $293.3 Mil. Origin Bancorp's average earning assets for the quarter that ended in Mar. 2024 was $8,994.0 Mil. Therefore, Origin Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3.26%.


Origin Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Origin Bancorp's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Origin Bancorp Net Interest Margin (Bank Only) % Chart

Origin Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 3.77 3.27 3.14 3.53 3.39

Origin Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.47 3.32 3.29 3.29 3.26

Competitive Comparison of Origin Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Origin Bancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Origin Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Origin Bancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Origin Bancorp's Net Interest Margin (Bank Only) % falls into.



Origin Bancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Origin Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=299.557/( (8779.323 + 8908.172)/ 2 )
=299.557/8843.7475
=3.39 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=67.378 + 7052.818 + 1659.127
=8779.323

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=55.19 + 7580.928 + 1272.054
=8908.172

Origin Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=293.292/( (8908.172 + 9079.825)/ 2 )
=293.292/8993.9985
=3.26 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=55.19 + 7580.928 + 1272.054
=8908.172

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=53.87 + 7816.627 + 1209.328
=9079.825

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Origin Bancorp  (NYSE:OBK) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Origin Bancorp Net Interest Margin (Bank Only) % Related Terms

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Origin Bancorp (Origin Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 South Service Road East, Ruston, LA, USA, 71270
Origin Bancorp Inc is a financial holding company. The bank provides a broad range of financial services to businesses, municipalities, high-net-worth individuals, and retail clients. The bank principally operates in one business segment, community banking. The bank is engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction, and consumer loans. The bank generates the majority of its revenue from interest earned on loans and investments, service charges, and fees on deposit accounts.
Executives
Jay Dyer director 1511 NORTH TRENTON STREET, RUSTON LA 71270
Preston Moore officer: Chief Credit & Banking Officer 4 SHADY GROVE LANE, HOUSTON TX 77024
Jim Crotwell officer: Chief Risk Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Michael Aubrey Jones director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Wallace Willliam J Iv officer: Chief Financial Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Derek Mcgee officer: Chief Legal Counsel 500 SOUTH BANCORP, INC., RUSTON LA 71270
Drake Mills director, officer: Chairman, President and CEO 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Gary E. Luffey director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Steven Lewis Taylor director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Davison James E. Jr. director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Lori Sirman director 1511 NORTH TRENTON STREET, RUSTON LA 71270
Daniel Chu director 5100 N. O'CONNOR BLVD., 6TH FLOOR, IRVING TX 75039
Meryl Kennedy Farr director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Andrea La'verne Edney director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Fred Ronnie Myrick director, officer: Chief Banking Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270