Origin Bancorp Inc. Stock Analysis OBK

Origin Bancorp, Inc. is a bank holding company, which provides financial services to small and medium-sized businesses, municipalities, individuals, and retail clients. The company is headquartered in Ruston, Louisiana and currently employs 988 full-time employees. The company went IPO on 2018-05-09. The company provides personalized relationship banking to businesses, municipalities, and personal clients to enrich the lives of the people in the communities it serves. The firm is primarily 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 company offers a range of financial services and operates more than 56 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana, Mississippi, South Alabama and the Florida Panhandle. In addition, it provides a broad range of insurance agency products and services through its wholly owned insurance agency subsidiary, Forth Insurance, LLC. Its loan portfolio includes commercial real estate loans and construction/land/land development loans, commercial and industrial loans, mortgage warehouse loans, and consumer loans and residential real estate loans.