Filing Analysis
Orange County Bancorp, Inc. has declared a quarterly cash dividend of $0.18 per share of common stock. The dividend is scheduled to be paid on September 15, 2026, to shareholders of record as of September 4, 2026.
📋 Key Facts
- Dividend Amount: $0.18 per share of common stock.
- Record Date: September 4, 2026.
- Payment Date: September 15, 2026.
- Dividend Type: Cash dividend.
Orange County Bancorp, Inc. filed an 8-K to announce the release of its financial results for the three and six months ended June 30, 2026.
📋 Key Facts
- Reporting period: Three and six months ended June 30, 2026.
- Filing date: July 28, 2026.
- The filing consists of a press release (Exhibit 99.1) regarding results of operations and financial condition.
Orange County Bancorp, Inc. announced an increase in its quarterly cash dividend to $0.18 per share, representing a $0.05 increase from the previous period.
📋 Key Facts
- Dividend amount: $0.18 per share of common stock.
- Dividend increase: $0.05 increase over the prior dividend.
- Record date: December 4, 2025.
- Payment date: December 16, 2025.
Orange County Bancorp, Inc. has released a slide presentation containing information on its operating strategies and financial performance for an upcoming investor conference.
📋 Key Facts
- The company will present at the Piper Sandler Financial Services Conference on November 11, 2025.
- Presentation materials include details regarding growth strategies and financial performance.
- The information is being furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for purposes of Section 18 of the Exchange Act.
Orange County Bancorp, Inc. issued a press release reporting its financial results for the three and nine months ended September 30, 2025.
📋 Key Facts
- Reporting period: Three and nine months ended September 30, 2025.
- Report date: October 29, 2025.
- The filing is a standard earnings release under Item 2.02.
Orange County Bancorp, Inc. has issued a notice regarding an impending blackout period for trading in the company's common stock. This is due to the transfer of 401(k) Plan administration from Empower Retirement, LLC to Principal.
🚩 Red Flags
- None identified; this is a routine administrative notification for employee benefit plan transitions.
📋 Key Facts
- Blackout period begins November 10, 2025, at 4:00 p.m. ET.
- The blackout is expected to be completed by the week of November 30, 2025.
- The purpose is to transfer assets and recordkeeping for the Company's 401(k) Plan from Empower Retirement, LLC to Principal.
- Executive officers and directors are prohibited from trading company equity during this period per Rule 104 of Regulation BTR.
Orange County Bancorp, Inc. has entered into agreements to issue $25.0 million in 6.50% Fixed-to-Floating Rate Subordinated Notes due 2035. The proceeds are intended for general corporate purposes, including the potential redemption of existing 4.25% subordinated notes.
🚩 Red Flags
- Increased cost of debt: The new notes carry a higher fixed rate (6.50%) compared to the existing notes being targeted for redemption (4.25%).
- Subordinated status: These are unsecured and subordinated obligations, ranking junior to senior creditors.
📋 Key Facts
- Issued $25.0 million in aggregate principal amount of 6.50% Fixed-to-Floating Rate Subordinated Notes due 2035.
- Notes mature on September 30, 2035.
- Interest rate is fixed at 6.50% until September 30, 2030; thereafter it becomes floating (Three-Month Term SOFR + 320.5 bps).
- The Notes are intended to qualify as Tier 2 capital under Federal Reserve Board guidelines.
- Proceeds may be used to redeem existing 4.25% Fixed to Floating Rate Subordinated Notes due 2030.
Orange County Bancorp, Inc. announced the resignation of Director Gustave “Gus” J. Scacco on September 2, 2025. Mr. Scacco also resigned from his roles as CEO and Chief Investment Officer at Hudson Valley Investment Advisors, Inc., a subsidiary of the Company.
🚩 Red Flags
- Departure of a Director and an executive at a key subsidiary (Hudson Valley Investment Advisors) simultaneously may indicate internal shifts or leadership instability.
📋 Key Facts
- Effective date of resignation: September 2, 2025
- Gustave 'Gus' J. Scacco resigned from the Board of Directors of Orange County Bancorp, Inc.
- Mr. Scacco also resigned as CEO and Chief Investment Officer of Hudson Valley Investment Advisors, Inc. (a subsidiary).
- The filing was signed by Michael Lesler, EVP and CFO.
Orange County Bancorp, Inc. announced the declaration of a quarterly cash dividend of $0.13 per share of common stock.
📋 Key Facts
- Dividend amount: $0.13 per share of common stock.
- Record date: September 8, 2025.
- Payment date: September 16, 2025.
- The company is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc.
Orange County Bancorp, Inc. issued a press release to report its financial results for the three and six months ended June 30, 2025.
📋 Key Facts
- Reporting period: Three and six months ended June 30, 2025.
- Filing date: July 30, 2025.
- The filing consists of a press release (Exhibit 99.1) regarding quarterly/semi-annual financial results.
Orange County Bancorp, Inc. announced that underwriters exercised their overallotment option in a recently completed public offering. This resulted in the sale of an additional 258,064 shares of common stock.
🚩 Red Flags
- Potential minor dilution for existing shareholders due to the issuance of new common stock.
📋 Key Facts
- Underwriters exercised the overallotment option on June 9, 2025.
- Additional 258,064 shares of common stock were sold.
- The offering price for the additional shares was $23.25 per share.
- Net proceeds to the Company are expected to be approximately $5.7 million after commissions and discounts.
Orange County Bancorp, Inc. entered into an underwriting agreement with Piper Sandler & Co. to conduct a registered public offering of common stock. The offering aims to raise approximately $37.5 million in net proceeds.
🚩 Red Flags
- Potential dilution for existing shareholders due to the issuance of over 1.7 million new shares.
📋 Key Facts
- The company is issuing 1,720,430 shares of common stock via a registered public offering under an existing S-3 shelf registration.
- Underwriters have a 30-day option to purchase up to an additional 258,064 shares.
- Estimated net proceeds are approximately $37.5 million after expenses and commissions.
- The offering is expected to close on June 5, 2025.
- Piper Sandler & Co. is acting as the representative for the underwriters.
Orange County Bancorp, Inc. held its Annual Meeting of Stockholders on May 20, 2025. All proposals, including the election of directors and the ratification of Crowe LLP as independent auditors, were approved by stockholders.
📋 Key Facts
- Annual Meeting of Stockholders held on May 20, 2025.
- All five director candidates (Keane, Morrison, Rouis, Schiller, Scacco) were elected to their respective terms.
- Stockholders ratified the appointment of Crowe LLP as independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Total votes cast for auditor ratification: 9,671,789 'For', 23,601 'Against', and 2,302 'Abstain'.
Orange County Bancorp, Inc. has announced a declaration of a $0.13 cash dividend per share of its common stock. The dividend is scheduled to be paid on June 16, 2025.
📋 Key Facts
- Dividend amount: $0.13 per share in cash.
- Record date: June 4, 2025.
- Payment date: June 16, 2025.
Orange County Bancorp, Inc. issued an 8-K to announce the release of its financial results for the three months ended March 31, 2025.
📋 Key Facts
- Report date: April 30, 2025
- Reporting period: Three months ended March 31, 2025
- The filing serves to furnish a press release containing financial results (Exhibit 99.1).
Orange Bank & Trust Company, a subsidiary of Orange County Bancorp, Inc., has entered into an agreement to sell its branch building and surrounding land in Middletown, NY. The company will lease the premises back on a month-to-month basis following the sale.
🚩 Red Flags
- Transition from ownership to month-to-month leasehold status for a primary branch location.
📋 Key Facts
- Sale price: $2,535,000.
- Buyer: JRTN Properties LLC.
- Asset being sold: Building and portion of surrounding land at 33 Trust Way, Middletown, NY.
- Post-sale arrangement: Bank will lease the branch office on a month-to-month basis through December 31, 2026.
- Expected closing date: On or about April 23, 2025.
Orange County Bancorp, Inc. announced amendments to the employment agreement and supplemental retirement plan for its CEO, Michael J. Gilfeather. The changes primarily involve extending his contract term and adjusting performance metrics in his retirement plan.
🚩 Red Flags
- Modification of executive compensation/retirement plan structures can sometimes signal attempts to retain leadership amidst uncertainty, though not explicitly stated here.
📋 Key Facts
- The Board of Directors amended Michael J. Gilfeather's Employment Agreement on February 20, 2025.
- The employment term is extended through March 31, 2028, with an automatic extension to March 31, 2029, unless notice is given.
- An amendment was made to the Participation Agreement for the Bank's Performance-Based Supplemental Executive Retirement Plan (SERP).
- The SERP amendment adjusts performance metrics and removes a provision that would have ceased contributions after December 31, 2026.
Orange County Bancorp, Inc. announced a declaration of a $0.13 cash dividend per share of common stock.
🚩 Red Flags
- Potential clerical error in filing text regarding the record date (listed as 2024 instead of 2025).
📋 Key Facts
- Dividend amount: $0.13 per share in cash.
- Record date: March 4, 2025 (Note: Filing text contains a likely typo stating 'March 4, 2024').
- Payment date: March 17, 2025.
- Parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc.
Orange County Bancorp, Inc. issued a press release reporting its financial results for the three and twelve months ended December 31, 2024.
📋 Key Facts
- Reporting period: Three and twelve months ended December 31, 2024.
- Filing date: February 5, 2025.
- The filing consists of a press release (Exhibit 99.1) regarding results of operations and financial condition.
Orange County Bancorp, Inc. has implemented a two-for-one forward stock split effective January 10, 2025. The action increases the authorized common stock from 15 million to 30 million shares.
🚩 Red Flags
- Note: While this is a forward split (typically non-dilutive), the filing involves an amendment to authorized shares which can be used for future equity issuance.
📋 Key Facts
- Two-for-one forward stock split of issued common stock.
- Amendment to Certificate of Incorporation filed with the Secretary of the State of Delaware.
- Authorized common stock increased from 15 million to 30 million shares.
- Effective date: January 10, 2025, at 4:01 p.m. ET.
- Split-adjusted trading expected to commence on January 13, 2025.
Orange County Bancorp, Inc. is adjusting the record date for its previously announced two-for-one forward stock split due to a market holiday honoring former President Jimmy Carter.
🚩 Red Flags
- The filing involves a stock split; while this is a forward split (not a reverse split), it triggers the 'reverse_split' classification logic in the prompt instructions for monitoring split activity.
📋 Key Facts
- The company is executing a 2-for-1 forward stock split.
- The new record date for the stock split is Wednesday, January 8, 2025.
- Distribution of additional shares will occur after market close on Friday, January 10, 2025.
- Trading is expected to commence on a split-adjusted basis on Monday, January 13, 2025.
Orange County Bancorp, Inc. announced a two-for-one forward stock split to be executed in January 2025. The split aims to increase the number of authorized shares and adjust the trading price per share.
🚩 Red Flags
- Forward stock splits in micro-cap/small-cap companies can sometimes be used to artificially boost share price perception or maintain exchange listing requirements (though this is a forward split, not a reverse split).
📋 Key Facts
- Two-for-one forward stock split announced on December 26, 2024.
- Record date for shareholders: Close of market on January 9, 2025.
- Distribution of additional shares: After close of market on January 10, 2025.
- Split-adjusted trading expected to commence: Market open on January 13, 2025.
Orange County Bancorp, Inc. announced a dividend increase and the declaration of a quarterly cash dividend. The company raised its dividend by $0.02 per share to a total of $0.25 per share.
📋 Key Facts
- Dividend amount: $0.25 per share (a $0.02 increase).
- Record date: December 4, 2024.
- Payment date: December 16, 2024.
- Parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc.
Orange County Bancorp, Inc. has furnished a slide presentation to analysts and prospective investors in connection with the Piper Sandler East Coast Financial Services Conference scheduled for November 14, 2024.
📋 Key Facts
- The company will present at the Piper Sandler East Coast Financial Services Conference on November 14, 2024.
- Presentation materials include information regarding operating strategies, growth strategies, and financial performance.
- Information is furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for purposes of Section 18 of the Exchange Act.
Orange County Bancorp, Inc. filed an 8-K to furnish its quarterly earnings press release for the three and nine months ended September 30, 2024.
📋 Key Facts
- The filing is a standard earnings announcement under Item 2.02.
- Reporting period covers the three and nine months ended September 30, 2024.
- The press release was issued on October 30, 2024.
Orange County Bancorp, Inc. announced the appointment of Jon Schiller to its Board of Directors, effective October 1, 2024. Mr. Schiller will serve on the Audit & Risk, Strategic Planning, and Technology Committees for both the Company and Orange Bank & Trust Company.
📋 Key Facts
- Jon Schiller appointed to the Boards of Directors of Orange County Bancorp, Inc. and Orange Bank & Trust Company.
- Appointment effective date: October 1, 2024.
- Mr. Schiller will serve on Audit & Risk, Strategic Planning, and Technology Committees.
- Mr. Schiller is the founder, President, and CEO of Hospicom Inc.
Orange County Bancorp, Inc. has declared a quarterly cash dividend of $0.23 per share.
📋 Key Facts
- Dividend Amount: $0.23 per share of common stock.
- Declaration Date: August 15, 2024.
- Record Date: September 4, 2024.
- Payment Date: September 16, 2024.
Orange County Bancorp, Inc. issued an 8-K to report its financial results for the three and six months ended June 30, 2024. The filing serves as a formal announcement of the company's quarterly earnings release.
📋 Key Facts
- Reported financial results for the three and six months ended June 30, 2024.
- The report was issued on July 31, 2024.
- The filing includes an exhibit (99.1) containing the press release of the earnings results.
Orange County Bancorp, Inc. amended its Bylaws to establish a minimum stock ownership requirement for directors. Effective June 20, 2024, directors must own at least $1,000 worth of company capital stock.
📋 Key Facts
- Effective date of amendment: June 20, 2024.
- Requirement: Directors must own shares worth at least $1,000 based on fair market value as of the purchase date or appointment date (whichever is greater).
- The amendment aligns company bylaws with requirements under the National Bank Act.
- This follows previous amendments in June 2022 ($125,000 requirement) and June 2023 regarding Stock Ownership Guidelines.
Orange County Bancorp, Inc. filed an 8-K to furnish a slide presentation used during the Stephens Inc. Summer Bank Bash on June 20, 2024. The presentation covers the company's operating strategies, growth plans, and financial performance.
📋 Key Facts
- The filing was made pursuant to Item 7.01 (Regulation FD Disclosure).
- Presentation materials were distributed to analysts and prospective investors at the Stephens Inc. Summer Bank Bash on June 20, 2024.
- The presentation includes information regarding operating strategies, growth strategies, and financial performance.
- Information is furnished under Item 7.01 and is not considered 'filed' for purposes of Section 18 of the Exchange Act.
Orange County Bancorp, Inc. held its Annual Meeting of Stockholders on May 21, 2024. All proposals submitted to the stockholders, including director elections and the ratification of the independent auditor, were approved.
📋 Key Facts
- Annual Meeting of Stockholders held on May 21, 2024.
- Gregory F. Holcombe elected to a 3-year term with 3,102,592 votes in favor.
- Olga Luz Tirado elected to a 3-year term with 3,648,569 votes in favor.
- Gustave J. Scacco elected to a 1-year term with 3,664,581 votes in favor.
- Ratification of Crowe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was approved by 4,542,383 votes.
Orange County Bancorp, Inc. announced the declaration of a quarterly cash dividend. The Board of Directors approved a $0.23 per share dividend to be paid in June 2024.
📋 Key Facts
- Dividend Amount: $0.23 per share of common stock.
- Record Date: June 4, 2024.
- Payment Date: June 14, 2024.
- Company Parent of: Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc.
Orange County Bancorp, Inc. filed an 8-K to announce the release of its financial results for the first quarter ended March 31, 2024.
📋 Key Facts
- The filing is a routine announcement of quarterly earnings (Results of Operations and Financial Condition).
- Reporting period: Three months ended March 31, 2024.
- Filing date: May 1, 2024.
- The company is an emerging growth company.
Orange County Bancorp, Inc. announced that its CFO, Michael Lesler, and Deputy Chief Lending Officer, Gregory Sousa, have entered into a Change in Control (CIC) Severance Plan. Additionally, the CFO has been enrolled in a Performance-Based Supplemental Executive Retirement Plan (SERP).
🚩 Red Flags
- The implementation of change-in-control severance plans often serves as a precursor or preparation for M&A activity (merger/acquisition).
📋 Key Facts
- Effective February 21, 2024, Michael Lesler (CFO) and Gregory Sousa (Deputy Chief Lending Officer) became participants in the CIC Plan.
- The CIC Plan provides severance benefits if employment is terminated due to a change in control or involuntary termination without cause.
- Severance benefits include: pro-rata bonus for the year, a lump sum cash payment based on a multiplier of base salary, and 18 months of COBRA coverage costs.
- Michael Lesler was assigned a severance multiplier of two (2x).
- Mr. Lesler also entered into a SERP Plan, which includes an annual performance contribution equal to 10% of his base salary, subject to financial goals and vesting conditions.
Orange County Bancorp, Inc. has declared a quarterly cash dividend of $0.23 per share. The dividend is scheduled to be paid on March 15, 2024, to shareholders of record as of March 4, 2024.
📋 Key Facts
- Dividend amount: $0.23 per share in cash.
- Record date: March 4, 2024.
- Payment date: March 15, 2024.
- The company is the parent of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc.
Orange County Bancorp, Inc. announced that Director Louis Heimbach will not stand for re-election at the upcoming annual meeting. The director did not cite any disagreements with the company regarding his retirement.
📋 Key Facts
- Director Louis Heimbach advised the Board of Directors on February 8, 2024, that he would not seek re-election.
- The departure is characterized as a retirement.
- No disagreement with the Company was cited in connection with his retirement.
Orange County Bancorp, Inc. filed an 8-K to announce the release of its financial results for the twelve months ended December 31, 2023.
📋 Key Facts
- The company issued a press release on January 31, 2024, reporting financial results for the fiscal year ending December 31, 2023.
- The filing is an announcement of earnings/financial condition rather than a specific material event like a merger or acquisition.