Orange County Bancorp (OBT) Registration Filing summary

Company overview and business model

• Operates as a bank holding company with subsidiaries offering commercial and consumer banking, trust, and wealth management services in the Lower Hudson Valley, New York metro area, Connecticut, and New Jersey.

• Focuses on relationship-based community banking combined with a broad suite of financial products to compete with larger institutions.

• As of March 31, 2024, reported $2.5B in assets, $1.7B in loans, $2.2B in deposits, and $168.7M in stockholders' equity; $1.7B in assets under management.

• Operates 16 offices and one loan production office, generating stable low-cost core deposits and a diverse loan portfolio.

• Common stock is listed on Nasdaq Capital Market under the symbol “OBT.”

Financial performance and metrics

• Incorporated financials by reference: Annual Report on Form 10-K for year ended December 31, 2023, and Quarterly Report on Form 10-Q for quarter ended March 31, 2024.

• As of March 31, 2024, assets totaled $2.5B, loans $1.7B, deposits $2.2B, and stockholders' equity $168.7M.

Use of proceeds and capital allocation

• Net proceeds from any securities sold will be used for general corporate purposes, as detailed in the applicable prospectus supplement.