Orrstown Financial Services, Inc. reports developments tied to its role as the financial holding company for Orrstown Bank, including quarterly earnings, loan and deposit trends, net interest margin, credit quality, liquidity, borrowings, capital ratios and common-stock dividends. The company’s community banking business includes commercial, residential mortgage, construction, municipal and consumer lending, along with checking, savings, time and money market deposits.
Company updates also cover noninterest income, operating expense management, branch and client-service activity, and the wealth management, fiduciary, investment advisory, insurance and brokerage services offered through Orrstown Financial Advisors and related bank channels. Recurring announcements include earnings-call schedules, regional commercial banking hires and office openings within its Pennsylvania banking footprint.
Orrstown Financial Services (NASDAQ: ORRF) sold securities with an amortized cost of $185.6 million to reposition part of its investment portfolio. Proceeds are being used to buy available-for-sale securities with an estimated weighted average yield of 5.20%, versus 3.13% for those sold.
The company estimates a $13.8 million pre-tax loss in fourth-quarter 2026 results and expects improved net income, net interest income, net interest margin and return on average assets in future periods. The estimated loss would reduce the Bank’s September 30, 2026 risk-based capital ratios by approximately 22 basis points and its leverage ratio by 20 basis points. All ratios would remain well above well-capitalized thresholds; the company expects recovery of the capital impact within two quarters.
Orrstown Financial Services (ORRF) ranked No. 77 on Fortune's 2026 list of the 100 fastest-growing companies, receiving national recognition. It was the highest-ranked bank headquartered in Pennsylvania or Maryland. The ranking evaluates revenue growth, earnings-per-share growth and total shareholder return over a three-year period.
Orrstown Financial Services (NASDAQ: ORRF) reported third-quarter 2026 net income of $22.8 million, exceeding both the previous quarter and year-earlier period. Diluted earnings per share were $1.17, compared with $1.09 in the second quarter and $1.13 a year earlier. Tax-equivalent net interest margin rose to 4.12% from 3.87%; the second-quarter margin excluding accelerated amortization on redeemed subordinated notes was 4.00%, a non-GAAP measure.
Loans increased $95.3 million during the quarter, while deposits fell $38.1 million. Borrowings rose to $417.3 million from $274.8 million. Nonaccrual loans declined to 0.54% of total loans from 0.58%, but loan-loss provision expense increased to $1.1 million from $0.4 million. Shareholders’ equity fell to $605.2 million from $621.7 million, primarily reflecting investment-related comprehensive losses. A $0.30 quarterly dividend is payable November 10, 2026, to holders of record November 3.
Orrstown Financial Services (NASDAQ: ORRF) will release its third-quarter 2026 earnings after market close on October 20, 2026.
Management will review the quarterly results in a conference call and webcast on October 21, 2026, at 9:00 am ET. An audio recording will be available on the company's investor relations website and by telephone through October 28, 2026.
Orrstown Bank (ORRF) launched a redesigned Orrstown.com website with updated navigation, search and mobile access. Developed with input from clients and employees, the site also makes branch and contact information easier to find and expands financial education resources. Access to personal, business and wealth management offerings has been streamlined. The bank’s online banking platform remains unchanged.
Orrstown Financial Services (NASDAQ: ORRF) reported second quarter 2026 net income of $21.2 million, or $1.09 per diluted share, versus $21.8 million ($1.12) in the prior quarter and $19.4 million ($1.01) a year earlier. Return on average assets was 1.53% and return on average equity was 13.96%.
Net interest income was $48.8 million with a tax-equivalent net interest margin of 3.87%, or 4.00%(1) excluding accelerated amortization from redeeming $31.0 million of subordinated notes. Loans grew $51.7 million (about 5% annualized) while nonaccrual loans fell to 0.58% of total loans.
Noninterest income decreased to $13.8 million mainly due to prior-quarter life insurance death benefits, and noninterest expenses rose to $37.7 million. Tangible common equity improved to 9.5% of total tangible assets and tangible book value per share rose to $26.71. The Board declared a quarterly dividend of $0.30 per common share, payable August 11, 2026 to shareholders of record on August 4, 2026.
Orrstown Financial Services (NASDAQ:ORRF) will release its second quarter 2026 earnings after market close on Tuesday, July 21, 2026. Management will discuss results on a conference call and webcast at 9:00 a.m. ET on Wednesday, July 22, 2026.
Details include webcast and dial-in access plus recorded playback options.
Orrstown Financial Services (NASDAQ: ORRF) announced that Adam L. Metz became President and Chief Executive Officer of Orrstown Bank and the Company effective June 2, 2026. He succeeds Thomas R. Quinn Jr., who retired on June 1, 2026 after 17 years of leadership.
Metz, formerly Senior Executive Vice President and Chief Operating Officer, was also appointed to the Boards of both the Bank and the Company.
Orrstown Financial Services (NASDAQ: ORRF) reported first quarter 2026 net income of $21.8 million ($1.12 diluted EPS), up from $21.5 million in Q4 2025. Loans rose by $40.6 million and deposits increased by $98.7 million. Net interest margin was 3.90%. Tangible book value per share increased to $25.76. The Board declared a $0.30 per-share cash dividend payable May 12, 2026.
Noninterest income strengthened to $15.6 million, noninterest expense declined to $36.7 million, and capital ratios modestly improved.
Orrstown Financial Services (NASDAQ: ORRF) will report first quarter 2026 results after market close on Tuesday, April 21, 2026. Management will host a conference call and webcast on Wednesday, April 22, 2026 at 9:00 am ET to review quarterly results.
According to Orrstown Financial Services, the webcast link is provided for slides and live audio, telephone access is available, and a recorded playback will remain available by phone and on the investor relations website through April 29, 2026.