Every 10-Q that Orrstown Financial Services Inc (ORRF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ORRF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ORRF filings page.
Orrstown Financial Services, Inc. reported solid mid‑year results as a community bank operating in Pennsylvania and Maryland. For the quarter ended June 30, 2026, net income was $21,158 thousand, up from $19,448 thousand a year earlier, with basic and diluted EPS of $1.10 and $1.09, respectively. Six‑month net income rose to $42,967 thousand compared with $37,499 thousand in the prior‑year period.
Net interest income was $48,831 thousand for the quarter and $97,836 thousand year‑to‑date, while noninterest income increased to $13,836 thousand in the quarter, driven by fee, trust, brokerage and life‑insurance income. Total loans grew to $4,113,031 thousand and deposits to $4,620,023 thousand, supporting total assets of $5,612,151 thousand as of June 30, 2026.
The allowance for credit losses on loans was $46,632 thousand, reflecting CECL‑based lifetime loss estimates across commercial and consumer portfolios. The company continues integrating its July 1, 2024 merger with Codorus Valley Bancorp, Inc., for which aggregate consideration was $233,437 thousand, including goodwill of $51,027 thousand and core deposit and customer relationship intangibles of $50,719 thousand.
Orrstown Financial Services, Inc. reported solid first-quarter 2026 results, with net income rising to $21.8 million from $18.1 million a year earlier. Basic earnings per share increased to $1.13 from $0.94, while the quarterly dividend was raised to $0.30 per share from $0.26.
Net interest income was stable at $49.0 million as lower deposit and subordinated debt costs offset softer loan and short-term investment income. Noninterest income improved to $15.6 million, driven by higher swap fees, brokerage revenue and life insurance income. Total assets reached $5.58 billion, with loans of $4.06 billion and deposits of $4.63 billion. The allowance for credit losses on loans was $47.5 million, and credit costs remained modest. Other comprehensive income turned negative due to unrealized losses on available-for-sale securities as interest rates rose.
Orrstown Financial Services, Inc. reported much stronger results for the quarter ended September 30, 2025. Net income was $21.9 million, compared with a net loss of $7.9 million a year earlier, helped by lower merger-related expenses and solid fee income.
For the first nine months of 2025, net income rose to $59.4 million from $8.4 million, with diluted earnings per share increasing to $3.07 from $0.62. Total assets were $5.47 billion, loans were $3.98 billion, and deposits were $4.53 billion as of September 30, 2025. Shareholders’ equity increased to $571.9 million, reflecting retained earnings growth and improved accumulated other comprehensive income.
The company continues to integrate its July 2024 merger with Codorus Valley Bancorp, Inc., which added $51.0 million of goodwill and sizable core deposit and customer relationship intangibles. Credit quality remains supported by a detailed CECL-based allowance framework across commercial and consumer portfolios.
Orrstown Financial Services reported substantially higher profitability in the first half of 2025 driven by stronger interest income and fee revenues. For the six months ended June 30, 2025 the company earned $37.5 million in net income versus $16.3 million a year earlier, and diluted earnings per share rose to $1.94 from $1.55. Net interest income more than doubled year-over-year to $98.3 million for six months, reflecting higher loan interest income of $126.5 million compared with $71.8 million a year ago. Noninterest income also increased to $24.5 million, helping offset higher operating expenses.
The balance sheet shows total assets of $5.39 billion and total deposits of $4.52 billion at June 30, 2025. Shareholders' equity increased to $548.4 million. The company completed its July 1, 2024 merger with Codorus Valley, recording $51.0 million of goodwill and identifiable intangibles including $40.1 million of core deposit intangibles. Allowance for credit losses on loans was $47.9 million and the company recorded no ACL on available-for-sale securities despite aggregate unrealized losses of $37.2 million, which management attributes to market rate movements.