Borrowings (Tables)

12 Months Ended

Dec. 31, 2025

Borrowed funds are summarized as follows:


	December 31,
(Dollars in thousands)	2025		2024

Long-term FHLB advances	$	5,913	$	6,198
Overnight repurchase agreements with depositors	13,137		6,262

Total FHLB advances and other borrowings	$	19,050	$	12,460
Subordinated indebtedness, net	$	16,544	$	159,943

Schedule of Maturities of Long-term Advances

Scheduled maturities of long-term advances from the FHLB at December 31, 2025, are as follows:


(Dollars in thousands)
Years Ended December 31,

2026	$	428
2027	1,149
2028	—
2029	1,307
2030	—
Thereafter	3,029
Total	$	5,913

Schedule of Subordinated Indebtedness and Terms of Current Debentures

The following table is a summary of the terms of the junior subordinated indebtedness at December 31, 2025:


(Dollars in thousands) Issuance Trust	Issuance Date	Maturity Date	Amount Outstanding		Rate Type	Current Rate		Maximum Rate
CTB Statutory Trust I	07/2001	07/2031	$	6,702	Variable (1)	7.40	%	16.00	%
First Louisiana Statutory Trust I	09/2006	12/2036	4,124		Variable (2)	5.78		16.00
BT Holdings Trust I	05/2007	09/2037	7,217		Variable (3)	5.64		N/A
Par amount			$	18,043
Unamortized original issue discount			(926)
Unamortized purchase accounting discount			(573)
Total junior subordinated indebtedness at December 31, 2025			$	16,544

____________________________

(1)The trust preferred securities reprice quarterly based on the three-month CME Term SOFR plus 3.30%, plus 0.26161% SOFR spread adjustment, with the last reprice date on October 29, 2025.

(2)The trust preferred securities reprice quarterly based on the three-month CME Term SOFR plus 1.80%, plus 0.26161% SOFR spread adjustment, with the last reprice date on December 11, 2025.

(3)The trust preferred securities reprice quarterly based on the three-month CME Term SOFR plus 1.64%, plus 0.26161% SOFR spread adjustment, with the last reprice date on December 4, 2025.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

Origin Bancorp, Inc. 10-K