Inferra AI / Company / ORRF
Orrstown Financial Services Inc.
ORRF · Financials
Last earnings Oct 21, 2026
Key results
Net incomequarter
$21.2 million
Net income of $21.2 million, or $1.09 per diluted share, for the three months ended June 30, 2026 compared to
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
net income of $21.8 million, or $1.12 per diluted share, for the three months ended March 31, 2026 Return on average assets was 1.53% and return on average equity was 13.96% for the three months ended June 30, 2026, compared to 1.59% and 14.76%, respectively, for the three months ended March 31
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Net income totaled $21.2 million for the three months ended June 30, 2026, compared to net income of $21.8 million and $19.4 million for the three months ended March 31, 2026 and June 30, 2025, respectively.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
EPSquarter
$1.09
Diluted earnings per share was $1.09 for the three months ended June 30, 2026, compared to $1.12 and $1.01 for the three months ended March 31, 2026 and June 30, 2025, respectively.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
For the second quarter of 2025, excluding the impact from merger-related expenses, net of taxes, net income and diluted earnings per share were $20.2 million (1) and $1.04 (1) , respectively.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Dividendquarter
$5.9 million
The increase of $18.5 million is primarily due to net income of $21.2 million, other comprehensive income of $1.9 million and share-based compensation activity of $1.3 million, partially offset by dividends of $5.9 million.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
AI analysis
Q2 2026 · reported Jul 22, 2026
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $21.2 million | — | — |
| EPS | $1.09 | — | — |
| Dividend | $5.9 million | — | — |
Guidance · company-stated
No guidance located in the held release
“The increase in provision expense resulted from strong loan growth, net charge-offs and updates to our qualitative factors, partially offset by a favorable GDP forecast and macroeconomic conditions.”
Capital allocation
Borrowings On June 30, 2026, the Company redeemed the $31.0 million outstanding 4.50% fixed-to-floating rate subordinated notes assumed from Codorus Valley Bancorp, Inc.
FHLB advances and other borrowings were $274.8 million at June 30, 2026 compared to $206.7 million at March 31, 2026.
Event summary
(the Company ) (NASDAQ ORRF), the parent company of Orrstown Bank (the Bank ), announced earnings for the periods ended June 30, 2026
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Borrowings On June 30, 2026, the Company redeemed the $31.0 million outstanding 4.50% fixed-to-floating rate subordinated notes assumed from Codorus Valley Bancorp, Inc.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
FHLB advances and other borrowings were $274.8 million at June 30, 2026 compared to $206.7 million at March 31, 2026.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
The increase was due to higher utilization of borrowings during the second quarter of 2026 primarily to fund loan growth.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Despite the quarter-end increase, average FHLB advances and other borrowings decreased by $84.8 million from the three months ended March 31, 2026 to the three months ended June 30, 2026.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Borrowing costs increased by $0.8 million during the three months ended June 30, 2026 compared to the three months ended March 31, 2026 due to the accelerated amortization of the remaining subordinated debt fair value mark of $1.6 million.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Average FHLB advances and other borrowings decreased by $84.8 million from the three months ended March 31, 2026 to the three months ended June 30, 2026.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Strategy & priorities
The Bank continues to focus on shifting its deposit mix to include more lower cost deposits.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements and there can be no assurances that the Company will achieve the desired level of new business development and new loans, growth in the balance sheet and fee-based revenue lines of business, cost savings initiatives and continued reductions in risk assets or mitigation of losses in the future.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Risks & headwinds
Accordingly, the Company cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
If one or more events related to these or other risks or uncertainties materializes, or if the Company's underlying assumptions prove to be incorrect, actual results may differ materially from what the Company anticipates.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
New risks and uncertainties arise from time to time, and it is not possible for the Company to predict those events or how they may affect it.
SEC original ↗Orrstown Financial Services Inc. — Earnings release (8-K exhibit)EX-99Jul 22, 2026
Legal Proceedings 87 Item 1A.
SEC original ↗Orrstown Financial Services Inc. — 10-Q Quarterly report10-QAug 6, 2026
To determine the probability of completion, an entity will be required to consider if there is significant uncertainty during the development activities.
SEC original ↗Orrstown Financial Services Inc. — 10-Q Quarterly report10-QAug 6, 2026
Earnings deck slides
0 decks with slide viewOrrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Orrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Orrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Orrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Orrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Orrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Orrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Orrstown Financial Services Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documentsEarnings releases
9 documentsPresentations
8 documents
Transcripts
0 documentsNo transcripts for Orrstown Financial Services Inc. are held in this edition of the library.
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