ORRSTOWN FINANCIAL SERVICES INC

For the period ended Sep 30, 2026. Filed Nov 9, 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.

Sep 30, 2026 · Filed Nov 9, 2026

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

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Contents

Consolidated Statements of Income (Unaudited)

Condensed Consolidated Statements of Income (Unaudited)

	Three Months Ended		Nine Months Ended
(Dollars in thousands, except per share amounts)	September 30, 2026	September 30, 2025	September 30, 2026	September 30, 2025
Interest income
Loans	$66,454	$65,751	$192,764	$192,219
Investment securities - taxable	9,901	9,367	29,658	27,717
Investment securities - tax-exempt	814	881	2,537	2,634
Short-term investments	567	1,123	1,843	4,904
Total interest income	77,736	77,122	226,802	227,474
Interest expense
Deposits	21,269	22,639	64,942	69,754
Securities sold under agreements to repurchase and federal funds purchased	6	107	132	297
FHLB advances and other borrowings	2,931	1,791	6,921	3,939
Subordinated notes and trust preferred debt	210	1,597	3,651	4,223
Total interest expense	24,416	26,134	75,646	78,213
Net interest income	53,320	50,988	151,156	149,261
Provision for credit losses - loans	1,126	396	2,192	51
Recovery of credit losses - unfunded loan commitments	(84)	—	(460)	(100)
Net interest income after net provision for (recovery of) credit losses	52,278	50,592	149,424	149,310
Noninterest income
Service charges on deposit accounts	2,186	2,014	6,507	5,975
Interchange income	1,597	1,620	4,712	4,488
Other service charges, commissions and fees	730	983	2,014	2,047
Swap fee income	436	816	2,426	1,879
Trust and investment management income	3,870	3,636	11,686	11,184
Brokerage income	2,098	1,641	5,785	4,775
Mortgage banking activities	212	522	974	1,302
Income from life insurance	1,410	1,471	6,547	4,071
Investment securities gains	15	50	70	71
Other income	824	629	2,070	2,129
Total noninterest income	13,378	13,382	42,791	37,921
continued

	Three Months Ended		Nine Months Ended
	September 30,2026	September 30,2025	September 30,2026	September 30,2025
Noninterest expenses
Salaries and employee benefits	22,400	21,439	65,786	63,191
Occupancy	2,092	1,907	6,056	5,567
Furniture and equipment	2,017	2,168	6,161	7,394
Data processing	1,752	1,116	4,992	3,005
Automated teller and interchange fees	1,106	892	3,412	2,184
Advertising and bank promotions	423	154	2,232	1,730
FDIC insurance	627	652	1,810	2,150
Professional services	1,015	1,703	3,438	5,545
Directors' compensation	377	350	1,180	854
Taxes other than income	1,022	828	2,439	2,065
Intangible asset amortization	2,115	2,410	6,533	7,417
Merger-related expenses	—	—	—	2,617
Restructuring expenses	—	—	—	91
Other operating expenses	2,388	2,678	7,689	8,277
Total noninterest expenses	37,334	36,297	111,728	112,087
Income before income tax expense	28,322	27,677	80,487	75,144
Income tax expense	5,507	5,812	14,705	15,780
Net income	$22,815	$21,865	$65,782	$59,364
Per share information:
Basic earnings per share	$1.18	$1.14	$3.40	$3.09
Diluted earnings per share	1.17	1.13	3.38	3.07
Dividends paid per share	0.30	0.27	0.90	0.79

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.