CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
INTEREST INCOME
Interest and fees on loans	$ 29,839	$ 26,375	$ 85,256	$ 78,767
Interest on investment securities:
Taxable	2,641	2,645	8,036	8,976
Tax exempt	506	573	1,643	1,722
Interest on Federal funds sold and other	1,542	1,843	4,724	5,556
TOTAL INTEREST INCOME	34,528	31,436	99,659	95,021
INTEREST EXPENSE
Savings and NOW accounts	5,496	5,432	15,646	15,167
Time deposits	852	1,213	5,298	5,741
FHLB advances	616	1,593	1,922	4,734
Subordinated notes	617	230	1,078	691
TOTAL INTEREST EXPENSE	7,581	8,468	23,944	26,333
NET INTEREST INCOME	26,947	22,968	75,715	68,688
Provision (recovery) for credit losses - investments				(1,900)
Provision for credit losses - loans	3,876	7,191	6,191	9,661
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	23,071	15,777	69,524	60,927
NONINTEREST INCOME
Service charges on deposit accounts	377	270	1,001	737
Trust income	1,578	1,379	4,825	4,000
Investment advisory income	1,957	1,741	5,547	4,966
Investment securities gains(losses), net	159		(568)
Earnings on bank owned life insurance	190	39	683	551
Proceeds from bank owned life insurance benefit	1,191		3,590
Gain on sale of assets			1,236
Other	1,335	745	2,146	1,413
TOTAL NONINTEREST INCOME	6,787	4,174	18,460	11,667
NONINTEREST EXPENSE
Salaries	7,378	6,687	21,096	20,298
Employee benefits	2,419	2,269	7,207	6,695
Occupancy expense	1,280	1,222	3,856	3,547
Professional fees	1,380	1,557	4,393	4,330
Directors' fees and expenses	314	584	939	781
Computer software expense	1,785	1,526	5,884	4,191
FDIC assessment	330	210	990	978
Advertising expenses	481	364	1,351	1,166
Advisor expenses related to trust income	22	30	66	95
Telephone expenses	220	190	630	565
Intangible amortization	71	71	214	214
Other	1,160	1,237	3,463	3,884
TOTAL NONINTEREST EXPENSE	16,840	15,947	50,089	46,744
Income before income taxes	13,018	4,004	37,895	25,850
Provision for income taxes	2,999	788	8,711	5,131
NET INCOME	$ 10,019	$ 3,216	$ 29,184	$ 20,719
Basic earnings per share (in dollars per share)	$ 0.75	$ 0.28	$ 2.39	$ 1.84
Diluted earnings per share (in dollars per share)	$ 0.75	$ 0.28	$ 2.39	$ 1.84
Weighted average shares outstanding, Basic (in shares)	13,337,890	11,307,808	12,228,878	11,287,182
Weighted average shares outstanding, Diluted (in shares)	13,337,890	11,307,808	12,228,878	11,287,182

Orange County Bancorp, Inc. /DE/ 10-Q