On February 24, 2021, F. Ronnie Myrick and George Snellings, IV informed the board of directors of Origin Bancorp, Inc. that they have decided not to stand for re-election as directors of the Registrant and Origin Bank at the Registrant's 2021 annual meeting of stockholders. Accordingly, Mr. Myrick's departure from the board of directors of the Registrant, the board of directors of Origin Bank and as a member of their Risk and Finance Committees will be effective when his term expires at the 2021 annual meeting of stockholders. Mr. Snellings' departure from the board of directors of the Registrant, the board of directors of Origin Bank and as a member of their Audit and Risk Committees will be effective when his term expires at the 2021 annual meeting of stockholders. Their departures did not result from any disagreements with the Registrant or any matters related to the operations, practices or policies of the Registrant. Mr. Myrick and Mr. Snellings have been directors of the Registrant since 2008 and 2012, respectively, and directors of Origin Bank since 2008 and 2007, respectively. In connection with these notifications, the board intends to offer a slate of directors for election at the 2021 annual meeting of stockholders, which will include two new nominations, which the board expects will contribute to the skills and diversity of the board.
Origin Bancorp, Inc. is a financial holding company. The Company provides a range of financial services and operates more than 60 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana and Mississippi. The Company is focused on delivering a range of relationship-driven financial services tailored to meet the needs of small and medium-sized businesses, municipalities and retail clients. It operates through one segment, which is community banking. The Company is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and consumer loans. It originates loans secured by single and multi-family real estate, residential construction and commercial buildings. The Company's consumer loan portfolio is composed of secured and unsecured loans that it originates. Its commercial and industrial loans include working capital, inventory, equipment and capital expansion.