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Banking from the Bayou: Origin Bancorp files for a $90 million IPO

April 10, 2018
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Origin Bancorp, a Louisiana bank with 41 branches and $4.2 billion in assets, filed on Tuesday with the SEC to raise up to $90 million in an initial public offering.

The Ruston, LA-based company was founded in 1912 and booked $159 million in revenue for the 12 months ended December 31, 2017. It plans to list on the Nasdaq under the symbol OBNK. Origin Bancorp filed confidentially on January 26, 2018. Stephens Inc. and Raymond James are the joint bookrunners on the deal. No pricing terms were disclosed.