Profits down at Origin Bancorp
Ruston, Louisiana-based Origin Bancorp, which recently acquired Quitman-based BTH Bank, announced net income of $16.2 million, or 57 cents diluted earnings per share, for the quarter that ended Sept. 30 compared with $21.3 million, or 90 cents diluted earnings per share, for the quarter that ended June 30, and compared to net income of $27 million, or $1.14 diluted earnings per share for the quarter that ended Sept. 30, 2021.
“This was a significant and exciting quarter for Origin as we showed strong core profitability and completed the merger with BT Holdings,” said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. “Origin now has meaningful expansion across the I-20 corridor in East Texas and adds impressive depth in Dallas and Fort Worth.”
