IPO - Orange County Bancorp, Inc. /DE/

Form Type: 424B5

Filing Date: 2025-06-03

Corporate Action: Ipo

Type: New

Accession Number: 000110465925055949

Filing Summary: Orange County Bancorp, Inc. is offering shares of its common stock, with a par value of $0.25 per share, under registration statement No. 333-280793. The offering is designed to raise capital, with the last reported sale price of the common stock being $24.90 per share on June 2, 2025. The Company describes itself as an 'emerging growth company' and outlines the risk factors associated with the investment. The offering includes an underwriters' option for additional share purchase and mentions detailed underwriting discounts and anticipated proceeds. The document emphasizes the Company’s focus on personalized banking services for small to medium-sized businesses, its growth strategy in the Lower Hudson Valley, the reliability of its community-oriented approach, and the importance of relationships with local businesses for sustained success. The Company, through its subsidiaries, offers a variety of services, including commercial and consumer banking, trust, and wealth management, and highlights its commitment to leveraging relationships to drive organic growth. The report indicates significant recent growth, with $2.6 billion in total assets and highlights the strong performance of trust and wealth management services, with assets under management also showing growth, totaling $1.7 billion.