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  "documentTitle": "Orange County Bancorp | IPO Presentation Deck | 28 slides",
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  "authorName": "Orange County Bancorp",
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  "presentationDate": "2021-07-01 00:00:00",
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      "kind": "list",
      "text": "Leverage Relationships to Drive Organic Growth; Derive Loan Growth Through Differentiated Service; Continue to Grow Core Deposit Franchise; Continue to Build Fee-Based Business; Capitalize on Market Disruption; Strategic Expansion; Engage in Opportunistic M&A",
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      "text": "Lower Hudson Valley market has experienced significant consolidation with the sales/mergers of The Westchester Bank, Sterling National Bank, Hudson Valley Bank, Hometown Bank and Greater Hudson Bank. M&A consolidation presents opportunities to hire seasoned bankers positioned to thrive under the bank's personalized, customer-centric business model.",
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      "text": "Having recently reached $1.2 billion in combined AUM in 2021Q1, the Company's trust and advisory services businesses provide a strong foundation of fee-based revenue. Company intends to expand HVIA's services into Westchester and Rockland counties. Private Banking service enables approximately 360 clients to leverage the resources of the platform.",
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      "text": "Exploration of new opportunities for expansion remains a key initiative. Ongoing investments in Rockland, Westchester and Bronx Counties continue to be significant drivers of growth & profitability.",
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      "text": "Majority of loan growth comes from existing clients and referrals. Direct access to senior management offers customers quicker response time on loan applications and other transactions. Differentiated level of service provides a pricing advantage, often resulting in higher loan rates.",
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      "text": "Strategic opportunities to produce attractive returns for stockholders may be evaluated. Opportunities could include fee-based business, whole bank or branch acquisitions that would improve market position in geographies with attractive demographics.",
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      "text": "The bank's historical success has been closely tied to that of its clients and the communities it serves. Seek trusted advisor role with clients as they build their businesses with the Bank's resources and support.",
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      "text": "Core deposits comprise 94.8% of total funding, attributed to the bank's long-standing relationships with clients. Cash management has helped the bank expand depth and efficiency of deposit product offerings. By broadening its suite of business services in 2020, deposits and loans grew 37.5% and 29.2% respectively over year end 2019.",
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      "text": "Note: Financial data as of March 31, 2021",
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