Orange County Bancorp, Inc. · NASDAQ:OBT
Orange County Bancorp — Q3 2026 Earnings Presentation
28 slides from Orange County Bancorp's earnings presentation, Nov 5, 2026
Slide 1: Third Quarter 2026 Results
INVESTOR Presentation November 2026 Third Quarter, 2026 Results
Slide 2: Safe Harbor Statement and Disclaimer
Safe Harbor Statement and Disclaimer Forward - Looking Statements This presentation and any other written or oral statements made by us from time to time may contain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , which may be identified by t
Slide 3: Investment Highlights
Investment Highlights 3 1) For the quarter ended September 30, 2026. Source: S&P Capital IQ Pro. Experienced Management Team Continued Successful Expansion of Market Footprint Highly Attractive Market Geography and Scarcity Value of Franchise Strong Deposit Growth driven by niche deposit - gathering
Slide 4: Franchise Overview
Franchise Overview 4 1) There are 2 branches located in Middletown and 2 branches located in the Bronx. Source: S&P Capital IQ Pro. Background ▪ Successfully completed IPO and NASDAQ listing in August 2021 ▪ Bank was established in 1892 and has operated successfully for over 134 years ▪ Headquartere
Slide 5: Highly Attractive Markets
Highly Attractive Markets 5 Orange County Westchester & Rockland Counties Bronx County • Attractive and stable market • 60 miles from New York City • 134 - year - operating history in the region • Strong foundation for growth and low - cost deposit funding • Large, economically diverse and affluent
Slide 6: Structure & Scope
Structure & Scope Balanced, Client - Driven Business Model 6 Business Banking Orange Wealth Management • 17 branches and LPOs • Focus on small to medium size businesses, professionals, and non - profit entities in the communities served • Seasoned lenders with significant regional and industry exper
Slide 7: Competitive Strengths
Competitive Strengths 7 Note: Financial data as of September 30, 2026, unless otherwise noted. Source: Company filings, Company documents, Peer data per S&P Capital IQ Pro. Premier Commercial Bank in the Lower Hudson Valley • Orange County’s go - to bank for more than 130 years • Largest locally hea
Slide 8: Business Strategy
Business Strategy 8 Note: Financial data as of September 30, 2026, unless otherwise noted. Course: Company filings. Leverage Relationships to Drive Organic Growth Derive Loan Growth Through Relationship - Based Model Continue to Grow Core Deposit Franchise Continue to Build Fee - Based Business Stra
Slide 9: Transformation, Significant Growth and Expansion
Transformation, Significant Growth and Expansion 9 Investments in People, Systems and Expansion… … Has Led to Enhanced Profitability and High Performance FTE Count Best in Class Profitability Return on Average Assets (%) Noninterest Expense ($M) 1) Non - GAAP financial metric. See slides 27 and 28 f
Slide 10: Consistent History of Growth
Consistent History of Growth 10 Continued Success remains Attributed to Disciplined Organic Growth Gross Loans ($M) (1) Total Assets ($M) Consolidated Equity Ex. AOCI ($M) Total Deposits ($M) 1) Includes loans held - for - sale. Note: Financial data as of or for the nine months ended September 30, 2
Slide 11: Strong and Consistent Historical Profitability
Strong and Consistent Historical Profitability 11 Net Interest Margin (%) Net Income ($M) Pre - Provision Net Revenue ($M) ROAA and ROAE (%) Success Maintaining Strong Profitabilit y Metrics Note: Financial data for the nine months ended September 30, 2026, unless otherwise noted. Data as of Decembe
Slide 12: Stable Regulatory Capital Position
Stable Regulatory Capital Position 12 1) Non - GAAP financial metric. See slides 27 and 28 for applicable reconciliation. 2) Bank level Call Report data. Note: Financial data for the nine months ended September 30, 2026, unless otherwise noted. Data as of December 31, for respec tiv e years. Source:
Slide 13: Diversified Revenue Sources
Diversified Revenue Sources 1) Based on annualized 3Q 2026 trust and investment advisory fee income. Noninterest Income Composition (in thousands) AUM Composition Unique and complementary ability to offer private banking and wealth management services to OBT clients ▪ Client - driven success of the
Slide 14: Loan Composition
Loan Composition (1) 14 1) Includes loans held - for - sale. 2) CRE and CRE Construction loans as a % of Total Risk - Based Capital. Reflects bank level Call Report data. 3) Reflects weighted average yield on loans for the nine months ended September 30, 2026, annualized. Note: Financial data as of
Slide 15: Overview of Commercial Real Estate Portfolio
Overview of Commercial Real Estate Portfolio 15 Note: Financial data as of September 30, 2026. Source: Company documents. CRE Portfolio Geographic Composition CRE Portfolio by Property Type Limited exposure to core NYC metro area with only 3% of the CRE portfolio in Manhattan Non - owner - occupied
Slide 16: Overview of Multifamily Portfolio
Overview of Multifamily Portfolio 16 Note: Financial data as of September 30, 2026. Source: Company documents. Multifamily Portfolio Detail Multifamily Portfolio Geographic Composition Weighted Average LTV 53.1% Average Loan Size $2.56 Million
Slide 17: Overview of CRE Office Portfolio
Overview of CRE Office Portfolio 17 Note: Financial data as of September 30, 2026. Source: Company documents. Office Portfolio Overview Weighted Average LTV 49.7% Average Loan Size $2.20 Million Office Portfolio Geographic Composition
Slide 18: Credit Quality
Credit Quality 18 Note: Financial data as of or for the nine months ended September 30, 2026, unless otherwise noted. Data as of December 31, f or respective years. Source: Company documents, Company filings. Asset Quality Has Been Historically Sound, Managed Well Through Cycles • Strong and resilie
Slide 19: Leading Core Deposit Franchise
Leading Core Deposit Franchise Areas of Focus Keys to Success x Dedicated deposit managers within local markets x Investment into customer experience/cash management product suite x Obtain deposit relationships at loan origination Escrow x Leading attorney - related bank in our marketplace Municipal
Slide 20: Liquidity Overview
Liquidity Overview 20 Note: Financial data as of September 30, 2026, unless otherwise noted. Source: Company filings. Strong Recent Deposit Growth and Significant Borrowing Capacity • Managed borrowings consist of both short - term and long - term sources and complement the Company’s strong funding
Slide 21: Conservatively Managed Securities Portfolio
Conservatively Managed Securities Portfolio 21 Note: Financial data as of September 30, 2026. Source: Company documents, Company filings. ▪ $ 386.1 million in securities, primarily concentrated in mortgage - backed, municipal and U.S. government agency securities ▪ 88.38% pledged as collateral to se
Slide 22: Interest Rate Sensitivity
Interest Rate Sensitivity (1) 22 1) Although the net interest income table above provides an indication of our interest rate risk exposure at a particular point in time, such measurements are not intended to and do not provide a precise forecast of the effect of changes in market interest rates on n
Slide 23: Tangible Common Equity & Capital Management
Tangible Common Equity & Capital Management 23 Tangible Common Equity Ratio (1) Capital Overview 1) Non - GAAP financial metric, see slides 27 and 28 for applicable reconciliation. Source: Company filings. Tangible Book Value P er Share (1) OBT TCE Ratio Impact of AOCI Losses TBV Per Share Impact of
Slide 24: 2026 Trends and Company Highlights
2026 Trends and Company Highlights 24 High performing banking organization, with best - in - class deposit costs x Continued growth and strong financial performance, maintaining strong net - interest margin and reflective ROA and ROE x Highly successful deposit gathering strategy with low - cost fun
Slide 25: Consolidated Historical Balance Sheet
Consolidated Historical Balance Sheet 25 Note: Dollars in thousands. Source: Company filings. Cash and due from banks $ 147,383 $ 150,334 $ 204,232 $ 244,571 Investment securities-available-for-sale 489,948 443,775 419,406 386,106 Restricted investment in bank stocks 14,525 9,716 5,917 6,016 Total C
Slide 26: Consolidated Historical Income Statement
Consolidated Historical Income Statement 26 1) Non - GAAP financial metric. See slides 27 and 28 for applicable reconciliation. Note: Dollars in thousands, except per share amounts. Source: Company filings. Interest Income $ 117,770 $ 127,227 $ 134,982 $ 105,175 Interest Expense (29,379) (35,461) (3
Slide 27: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non - GAAP Financial Measures 27 Note: Dollars in thousands. Source: Company filings.
Slide 28: Reconciliation of GAAP to Non-GAAP Financial Measures (Continued)
Reconciliation of GAAP to Non - GAAP Financial Measures (Continued) 28 Note: Dollars in thousands. Source: Company filings.
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