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Origin Bancorp (Origin Bancorp) Intangible Assets : $189.8 Mil (As of Dec. 2023)


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What is Origin Bancorp Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Origin Bancorp's intangible assets for the quarter that ended in Dec. 2023 was $189.8 Mil.


Origin Bancorp Intangible Assets Historical Data

The historical data trend for Origin Bancorp's Intangible Assets 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 Intangible Assets Chart

Origin Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial 52.24 44.14 67.55 199.33 189.77

Origin Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets 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 194.22 192.49 190.33 189.77 171.99

Origin Bancorp Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Origin Bancorp  (NYSE:OBK) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Origin Bancorp Intangible Assets Related Terms

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Origin Bancorp (Origin Bancorp) Business Description

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