Orange County Bancorp Management
Management criteria checks 2/4
Orange County Bancorp's CEO is Mike Gilfeather, appointed in Apr 2014, has a tenure of 10.67 years. total yearly compensation is $1.63M, comprised of 39.8% salary and 60.2% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth $2.02M. The average tenure of the management team and the board of directors is 1.8 years and 6.9 years respectively.
Key information
Mike Gilfeather
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 39.8% |
| CEO tenure | 10.7yrs |
| CEO ownership | 0.6% |
| Management average tenure | 1.8yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
Orange County Bancorp (NASDAQ:OBT) Is Paying Out A Larger Dividend Than Last Year
Nov 28
Orange County Bancorp (NASDAQ:OBT) Has Announced A Dividend Of $0.23
Aug 22Orange County Bancorp (NASDAQ:OBT) Is Due To Pay A Dividend Of $0.23
May 23Here's Why We Think Orange County Bancorp (NASDAQ:OBT) Is Well Worth Watching
Feb 06Orange County Bancorp declares $0.20 dividend
Aug 18Orange County Bancorp GAAP EPS of $0.38 misses by $0.58, revenue of $20.47M beats by $0.47M
Aug 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$29m |
| Jun 30 2024 | n/a | n/a | US$35m |
| Mar 31 2024 | n/a | n/a | US$36m |
| Dec 31 2023 | US$2m | US$650k | US$29m |
| Sep 30 2023 | n/a | n/a | US$30m |
| Jun 30 2023 | n/a | n/a | US$29m |
| Mar 31 2023 | n/a | n/a | US$22m |
| Dec 31 2022 | US$1m | US$525k | US$24m |
| Sep 30 2022 | n/a | n/a | US$21m |
| Jun 30 2022 | n/a | n/a | US$19m |
| Mar 31 2022 | n/a | n/a | US$22m |
| Dec 31 2021 | US$971k | US$440k | US$21m |
| Sep 30 2021 | n/a | n/a | US$19m |
| Jun 30 2021 | n/a | n/a | US$17m |
| Mar 31 2021 | n/a | n/a | US$14m |
| Dec 31 2020 | US$892k | US$440k | US$12m |
Compensation vs Market: Mike's total compensation ($USD1.63M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mike Gilfeather (66 yo)
10.7yrs
Tenure
US$1,633,893
Compensation
Mr. Michael J. Gilfeather, also known as Mike, serves as Chief Executive Officer and President of Orange Bank & Trust Company since April 7, 2014 and its Director since 2014. He served as the Chief Adminis...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.7yrs | US$1.63m | 0.63% $ 2.0m | |
| Executive VP & Regional President of Westchester County | no data | US$717.28k | 0.17% $ 556.1k | |
| Executive VP & Chief Lending Officer | less than a year | US$633.08k | 0.038% $ 123.0k | |
| Executive VP & CFO | 1.8yrs | no data | 0.031% $ 100.5k | |
| Senior VP & COO | no data | no data | 0.014% $ 44.1k | |
| Senior VP & Chief Information Officer | less than a year | no data | no data | |
| VP, Senior Compliance Officer & Corporate Secretary | no data | no data | no data | |
| Senior VP & Chief Human Resource Officer | 1.9yrs | no data | no data | |
| Executive VP & Strategic Lending Relationship Executive | less than a year | no data | 0.0026% $ 8.2k | |
| Senior VP & Chief Risk Officer | 1.8yrs | no data | 0% $ 0 | |
| Senior VP & Director of Wealth Services | 2.8yrs | no data | 0.018% $ 57.2k | |
| Senior VP & Chief Innovation Officer | no data | no data | no data |
1.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: OBT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.9yrs | US$1.63m | 0.63% $ 2.0m | |
| Independent Director | 7.5yrs | US$102.83k | 1.41% $ 4.5m | |
| Independent Director | 2.3yrs | US$93.25k | no data | |
| Director | 6.9yrs | no data | 0.049% $ 157.5k | |
| Independent Board Chair | 6.9yrs | US$137.47k | 0.036% $ 116.1k | |
| Independent Director | 1.3yrs | US$17.99k | no data | |
| Independent Director | 17.9yrs | US$110.71k | 0.93% $ 3.0m | |
| Independent Director | no data | US$120.17k | 4.69% $ 15.1m | |
| Independent Director | 2.9yrs | US$93.25k | 0.23% $ 737.3k | |
| Director | less than a year | no data | 0.044% $ 141.6k |
6.9yrs
Average Tenure
63yo
Average Age
Experienced Board: OBT's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Orange County Bancorp, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Roberts Twerdahl | Piper Sandler Companies |
| Mark Fitzgibbon | Piper Sandler Companies |
| null null | Stephens, Inc. |