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Capital and Regulatory Matters
 9 Months Ended
Sep. 30, 2025
Banking Regulation [Abstract]  
Capital and Regulatory Matters
Note 12 — Capital and Regulatory Matters
The Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.
The Company is subject to the Basel III regulatory capital framework (“Basel III Capital Rules”), which includes a 2.5% capital conservation buffer. The capital conservation buffer is designed to absorb losses during periods of economic stress and requires increased capital levels for the purpose of capital distributions and other payments. Failure to meet the full amount of the buffer will result in restrictions on the Company’s ability to make capital distributions, which include dividend payments, stock repurchases and to pay discretionary bonuses to executive officers.
Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of total, common equity Tier 1 and Tier 1 capital to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average total consolidated assets (as defined). Management believes, at September 30, 2025, and December 31, 2024, that the Company and the Bank met all capital adequacy requirements to which they are subject, including the capital buffer requirement.
At September 30, 2025, and December 31, 2024, the Bank’s capital ratios exceeded those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized,” the Bank must maintain minimum total risk-based, common equity Tier 1 risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the table below.
The actual capital amounts and ratios of the Company and the Bank at September 30, 2025, and December 31, 2024, are presented in the following table:
(Dollars in thousands)

September 30, 2025
ActualMinimum Capital Required - Basel IIITo be Well Capitalized Under Prompt Corrective Action Provisions
Common Equity Tier 1 Capital to Risk-Weighted AssetsAmountRatioAmountRatioAmountRatio
Origin Bancorp, Inc.
$1,113,214 13.59 %$573,421 7.00 %N/AN/A
Origin Bank
1,050,761 12.93 568,888 7.00 $528,253 6.50 %
Tier 1 Capital to Risk-Weighted Assets
Origin Bancorp, Inc.
1,129,191 13.79 696,192 8.50 N/AN/A
Origin Bank1,050,761 12.93 690,793 8.50 650,158 8.00 
Total Capital to Risk-Weighted Assets
Origin Bancorp, Inc.
1,302,509 15.90 860,131 10.50 N/AN/A
Origin Bank1,150,884 14.16 853,331 10.50 812,697 10.00 
Leverage Ratio
Origin Bancorp, Inc.
1,129,191 11.69 386,283 4.00 N/AN/A
Origin Bank1,050,761 10.97 383,154 4.00 478,942 5.00 
December 31, 2024
Common Equity Tier 1 Capital to Risk-Weighted Assets
Origin Bancorp, Inc.
1,085,860 13.32 570,647 7.00 N/AN/A
Origin Bank
1,075,768 13.29 566,620 7.00 526,147 6.50 
Tier 1 Capital to Risk-Weighted Assets
Origin Bancorp, Inc.
1,101,766 13.52 692,929 8.50 N/AN/A
Origin Bank1,075,768 13.29 688,038 8.50 647,565 8.00 
Total Capital to Risk-Weighted Assets
Origin Bancorp, Inc.
1,339,735 16.44 855,670 10.50 N/AN/A
Origin Bank1,239,644 15.31 850,353 10.50 809,860 10.00 
Leverage Ratio
Origin Bancorp, Inc.
1,101,766 11.08 397,635 4.00 N/AN/A
Origin Bank1,075,768 10.89 395,154 4.00 493,943 5.00 
In the ordinary course of business, the Company depends on dividends from the Bank to provide funds for the payment of dividends to stockholders and to provide for other cash requirements. Banking regulations may limit the amount of dividends that may be paid. Approval by regulatory authorities is required if the effect of dividends declared would cause the regulatory capital of the Bank to fall below specified minimum levels. Approval is also required if dividends declared and paid exceed the Bank’s year-to-date net income combined with the retained net income for the preceding year, which was $12.8 million at September 30, 2025.
Stock Repurchases
In July 2025, the Board of Directors of the Company authorized a stock repurchase program pursuant to which the Company may, from time to time, purchase up to $50 million of its outstanding common stock. The shares may be repurchased in the open market or in privately negotiated transactions from time to time, depending upon market conditions and other factors, and in accordance with applicable regulations of the Securities and Exchange Commission. The stock repurchase program is intended to expire in three years but may be terminated or amended by the Board of Directors at any time. The stock repurchase program does not obligate the Company to purchase any shares at any time.
During the third quarter of 2025, the Company repurchased a total of 265,248 shares of its common stock pursuant to its July 2025 stock repurchase program at an average price per share of $35.85, for an aggregate purchase price of $9.5 million, including broker commissions and applicable excise taxes. Year-to-date 2025 stock repurchases totaled 401,647 shares of common stock at an average price per share of $34.59, for an aggregate purchase price of $13.9 million, including broker commissions and applicable excise taxes.
In July 2022, the Board of Directors of the Company authorized a stock repurchase program pursuant to which the Company was authorized to purchase up to $50.0 million of its outstanding common stock. The July 2022 repurchase plan expired in July 2025 with the company having repurchased a total of 136,399 shares of its common stock at an average price per share of $32.13, for an aggregate purchase price of $4.4 million, including broker commissions and applicable excise taxes. All the common stock repurchases executed under the July 2022 repurchase plan were completed during the second quarter of 2025.