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Origin Bancorp OBK Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

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$373.66M+52.7%
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$124.98M+2.7%

Other financials

Income statement

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Revenue$104.0M+10.6%
Net income$27.7M+23.6%
EPS (diluted)$0.89+25.4%

Balance sheet

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Cash & equivalents$666.2M+37.0%
Total debt$57.6M-0.6%
Total equity$1.3B+6.8%
Total assets$10.2B+4.5%

Cash flow

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Operating cash flow$52.9M+48.7%
CapEx$5.0M+559%
Free cash flow$47.9M+37.6%

Valuation

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Market cap$1.56B+18.6%
P/E19.4×+2.1×
P/S3.9×+0.2×

Profitability

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Net margin20.1%-1.2pp
FCF margin41%+13.7pp

Returns & leverage

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Return on equity6.6%-0.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Origin Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The official record: Origin Bancorp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Origin Bancorp's bank owned life insurance?
Origin Bancorp (OBK) reported bank owned life insurance of $41.97M in Q1 2026.
How has Origin Bancorp's bank owned life insurance changed year-over-year?
Origin Bancorp's bank owned life insurance increased by 2.3% year-over-year, from $41.02M to $41.97M.
What is the long-term trend for Origin Bancorp's bank owned life insurance?
Over 5 years (2020 to 2025), Origin Bancorp's bank owned life insurance has grown at a 2.1% compound annual growth rate (CAGR), from $37.55M to $41.73M.
What does bank owned life insurance mean?
Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. The cash surrender value of these policies is recorded as an asset, providing a tax-advantaged method to offset the costs of employee benefit programs. It serves as a long-term financial instrument that contributes to noninterest income through tax-free growth.