Origin Bancorp reports Q2 EPS 69c, consensus 67c

Reports Q2 noninterest income for the quarter ended June 30 was $15.6M, a decrease of $748,000, or 4.6%, from the linked quarter. The decrease from the linked quarter was primarily driven by decreases of $826,000 and $379,000 on insurance commission and fee income and mortgage banking revenue, respectively. These decreases were partially offset by a $484,000 increase in other noninterest income..Book value per common share was $32.33 at June 30, reflecting an increase of 8c, or 0.2%, compared to the linked quarter. Tangible book value per common share was $26.71 at June 30, reflecting an increase of 18c, or 0.7%, compared to the linked quarter.