Origin Bancorp (OBK) executive compensation, 2026 proxy

Drake Mills, Chairman of the Board/CEO & President of Origin Bancorp, Inc., was paid $2.6M in 2025, up 4% from $2.5M the year before. The CEO-to-median-employee pay ratio was 30:1, on median employee pay of $87,058.

Filed
March 13, 2026
Annual meeting
April 22, 2026
Pay year
2025
Named executives
5
CEO total pay
$2.6M+4% vs prior year
CEO to median employee
30:1median $87,058
CEO pay in equity
38%$1M in awards
Prior say-on-pay support
97%of votes cast
Net Income
$75.2MDecreased 1.7% compared to 2024
Net Interest Income
$331.0MIncreased 10.2% compared to 2024
Total Loans
$7.67BHeld for investment at year-end
Total Deposits
$8.31BIncreased 1.0% compared to 2024

How Mills was paid

$2.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary32%Stock awards38%Non-equity incentive28%All other compensation3%

Named executive officers

ExecutiveTotal
Drake MillsChairman of the Board/CEO & President of Origin Bancorp, Inc.$2,640,828
William Wallace, IVChief Financial Officer$902,260
M. Lance HallPresident and CEO of Origin Bank$1,320,337
Derek McGeeChief Legal Counsel$1,011,056
Preston MooreChief Credit & Banking Officer$888,291

What changed and why

  • 96.6%Stockholders approved the 2025 Say-On-Pay proposal with 96.6% of the total votes cast supporting the program.
  • $75.2MNet income for 2025 was $75.2 million, reflecting a 1.7% decrease compared to $76.5 million for 2024.
  • 1.19%The Optimize Origin initiative successfully delivered a 4Q2025 ROAA run rate of 1.19%, exceeding the near-term target.
  • $97.2MTotal loans held for investment increased by $97.2 million, or 1.3%, to reach $7.67 billion at year-end.
  • Origin Bank was recognized as one of the Best Banks to Work For in the US for the thirteenth consecutive year.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.