ORRSTOWN FINANCIAL SERVICES INC

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

ORRF$44.32-0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Income (Unaudited)

Condensed Consolidated Statements of Income (Unaudited)

	Three Months Ended		Six Months Ended
(Dollars in thousands, except per share amounts)	June 30, 2026	June 30, 2025	June 30, 2026	June 30, 2025
Interest income
Loans	$63,315	$63,036	$126,310	$126,468
Investment securities - taxable	9,906	9,406	19,757	18,350
Investment securities - tax-exempt	842	878	1,723	1,753
Short-term investments	639	1,513	1,276	3,781
Total interest income	74,702	74,833	149,066	150,352
Interest expense
Deposits	21,687	22,855	43,673	47,115
Securities sold under agreements to repurchase and federal funds purchased	29	106	126	190
FHLB advances and other borrowings	1,635	1,030	3,990	2,148
Subordinated notes and trust preferred debt	2,520	1,330	3,441	2,626
Total interest expense	25,871	25,321	51,230	52,079
Net interest income	48,831	49,512	97,836	98,273
Provision for (recovery of) credit losses - loans	338	209	1,066	(345)
Recovery of credit losses - unfunded loan commitments	—	(100)	(376)	(100)
Net interest income after net provision for (recovery of) credit losses	48,493	49,403	97,146	98,718
Noninterest income
Service charges on deposit accounts	2,071	2,050	4,321	3,961
Interchange income	1,602	1,441	3,115	2,868
Other service charges, commissions and fees	663	580	1,284	1,064
Swap fee income	651	669	1,990	1,063
Trust and investment management income	4,072	3,572	7,816	7,548
Brokerage income	1,874	1,695	3,687	3,134
Mortgage banking activities	436	478	762	780
Income from life insurance	1,376	1,311	5,137	2,600
Investment securities gains	57	8	55	21
Other income	1,034	1,111	1,246	1,500
Total noninterest income	13,836	12,915	29,413	24,539
continued

	Three Months Ended		Six Months Ended
	June 30,2026	June 30,2025	June 30,2026	June 30,2025
Noninterest expenses
Salaries and employee benefits	22,229	21,364	43,386	41,752
Occupancy	1,883	1,671	3,964	3,660
Furniture and equipment	2,004	2,540	4,144	5,226
Data processing	1,703	965	3,240	1,889
Automated teller and interchange fees	1,167	615	2,306	1,292
Advertising and bank promotions	1,126	1,077	1,809	1,576
FDIC insurance	634	674	1,183	1,498
Professional services	1,202	2,016	2,423	3,842
Directors' compensation	389	293	803	504
Taxes other than income	392	295	1,417	1,237
Intangible asset amortization	2,179	2,472	4,418	5,007
Merger-related expenses	—	968	—	2,617
Restructuring expenses	—	—	—	91
Other operating expenses	2,758	2,664	5,301	5,599
Total noninterest expenses	37,666	37,614	74,394	75,790
Income before income tax expense	24,663	24,704	52,165	47,467
Income tax expense	3,505	5,256	9,198	9,968
Net income	$21,158	$19,448	$42,967	$37,499
Per share information:
Basic earnings per share	$1.10	$1.01	$2.23	$1.96
Diluted earnings per share	1.09	1.01	2.21	1.94
Dividends paid per share	0.30	0.26	0.60	0.52

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.