Origin Bancorp, Inc. (NASDAQ:OBNK) Q2 2020 Earnings Conference Call - Final Transcript
Jul 23, 2020 • 09:00 am ET
liquidity facility for PPP loans, which we anticipate providing a lift in our leverage capital ratio in the second half of 2020.
Significant temporary increases in our mortgage warehouse lines of credit toward the end of the quarter caused what we believe that temporary decline in our total risk-based capital ratio and we believe our capital ratios will increase throughout the year as we begin to normalize our mortgage warehouse balances. Considering the unprecedented nature and global challenges in the past several months, I'm pleased with the performance of our company for the quarter. Historic pre-tax, pre-provision earnings, historic levels of mortgage production and historically higher non-interest income, all because we remain focused on our strategic plan and delivering for our customers and communities.
While there is uncertainty in the markets and what we will take place over the next several months, we are putting ourselves in the best position based on what we know today. That is how we've operated company for over a century. I believe in our team and our strategy and I'm proud that so many of you have chosen to partner with us as we continue to build long-term value.
Thank you for your relationship, and we'll now open it up for questions.