Orange County Bancorp (OBT) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
2 Dec, 2025Executive summary
The annual meeting is scheduled for May 20, 2025, to elect five directors and ratify Crowe LLP as the independent auditor for 2025.
Stockholders of record as of March 31, 2025, are eligible to vote, with 11,383,738 shares outstanding.
Voting can be done by mail, phone, or online, and proxies may be revoked at any time before voting.
The Board unanimously recommends voting in favor of all director nominees and the auditor ratification.
Voting matters and shareholder proposals
Proposals include electing five directors (three for three-year terms, one for two years, one for one year) and ratifying Crowe LLP as auditor.
Directors are elected by plurality; auditor ratification requires a majority of votes cast.
Stockholders may submit proposals for the 2026 meeting by December 12, 2025, and director nominations must meet specific ownership and timing requirements.
Board of directors and corporate governance
The Board consists of ten members divided into three classes, with a majority being independent.
Board committees include Audit and Risk, Compensation, and Nominating and Corporate Governance, each with written charters.
The Board is chaired by an independent director and conducts annual CEO evaluations.
Stock ownership guidelines require directors and executives to hold significant equity stakes.
Directors are expected to attend annual meetings; six attended in 2024.
Latest events from Orange County Bancorp
- Record earnings, robust loan and deposit growth, and improved efficiency marked 2025.OBT
Q4 20254 Feb 2026 - Flexible $100M shelf registration enables diverse securities offerings for growth and capital needs.OBT
Registration Filing16 Dec 2025 - Q3 2025 net income jumped 211.5% year-over-year, driven by higher revenue and improved efficiency.OBT
Q3 202510 Nov 2025 - Q2 2025 net income up 27%, fueled by loan growth, efficiency, and capital raise.OBT
Q2 202511 Aug 2025 - Q2 profit fell 9.6%, but first-half earnings surged 42.1% on higher interest income.OBT
Q2 202413 Jun 2025 - Net income plunged on credit loss reserves, but book value, loans, and deposits increased.OBT
Q3 202413 Jun 2025 - Core earnings and margins improved despite lower net income from a prior-year one-time gain.OBT
Q1 20256 Jun 2025 - Net interest income and deposits rose, but net income fell on higher expenses.OBT
Q4 20245 Jun 2025