Orange County Bancorp Business Summary

Orange County Bancorp, Inc. (OBT) operates as the bank holding company for Orange Bank & Trust Company and its wealth management subsidiary, Orange Investment Advisors. The company generates revenue through two primary segments: Banking Business and Wealth Management. Revenue is predominantly derived from net interest income—leveraging a robust commercial real estate lending portfolio and a low-cost deposit base—complemented by fee-based income from trust and asset management services. As of early 2026, the company reported record fiscal 2025 performance with total assets reaching $2.7 billion and a net interest margin of 4.18%, significantly outperforming regional benchmarks. OBT competes directly with regional and community players such as Atlantic Union Bankshares (AUB), Valley National Bank (VLY), and Middlefield Banc Corp. (MBCN), distinguishing itself through superior efficiency ratios and a high-touch relationship banking model in the Hudson Valley and Metro New York markets. Originally founded in 1892 by a group of 14 local visionaries, the company is currently led by President and CEO Michael J. Gilfeather, who brings over 35 years of experience and was recently elected to the Federal Reserve Bank of New York’s Board of Directors. The executive team includes EVP and CFO Michael Lesler, formerly of BCB Bancorp, and David P. Dineen, who oversees the Wealth Management division. The leadership is supported by a seasoned Board of Directors chaired by Jonathan F. Rouis, C.P.A., and includes notable members like Jonathan Schiller. Institutional backing is provided by major investors such as BlackRock, Inc. and Bay Pond Partners, L.P., reflecting strong market confidence in the firm’s strategic shift toward integrated financial services and disciplined capital allocation.