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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Interest income          
Loans  31.228.727.023.222.021.421.519.9
Investment securities - taxable  4.44.43.82.92.01.61.61.5
Investment securities - tax-exempt  0.90.91.11.21.10.70.70.7
Short-term investments  0.40.3  0.20.1  
    Total interest income  36.934.332.127.425.423.823.922.2
   
Interest expense          
Deposits  8.66.23.61.40.70.70.80.9
Securities sold under agreements to repurchase and federal funds purchased  0.00.00.00.00.00.00.00.0
FHLB advances and other borrowings  1.41.3 0.10.00.0 0.1
Subordinated notes  0.50.50.50.50.50.50.50.5
    Total interest expense  10.58.04.62.01.21.21.31.6
    Net interest income  26.426.327.525.524.122.622.620.6
Provision for credit losses  0.40.7  1.80.3  
    Net interest income after provision for credit losses  26.025.626.924.022.322.321.520.3
   
Noninterest income          
Service charges on deposit accounts  1.01.01.01.01.00.90.80.8
Interchange income  1.01.01.01.01.11.01.11.0
Other service charges, commissions and fees  0.30.2  0.20.2  
Swap fee income  0.2 0.70.20.81.00.20.1
Trust and investment management income  1.91.91.82.01.91.92.01.9
Brokerage income  0.90.90.80.91.00.90.91.0
Mortgage banking activities  0.10.50.2-1.00.50.71.21.3
Income from life insurance  0.60.60.60.60.60.60.60.6
Investment securities losses  0.00.0  0.0-0.1  
Other income  1.10.10.11.10.20.50.40.3
    Total noninterest income  7.26.16.26.17.27.57.37.7
   
Noninterest expenses          
Salaries and employee benefits  13.112.212.712.711.311.312.111.5
Occupancy  1.11.11.11.21.11.31.21.2
Furniture and equipment  1.21.21.31.21.31.31.31.2
Data processing  1.21.21.21.21.21.11.01.0
Automated teller and interchange fees  0.30.3  0.30.3  
Advertising and bank promotions  0.90.40.80.30.90.40.70.7
FDIC insurance  0.50.50.30.30.20.30.20.2
Professional services  0.50.70.80.90.70.80.70.6
Directors' compensation  0.20.20.30.20.20.20.20.2
Taxes other than income  0.00.50.20.50.10.60.40.0
Intangible asset amortization  0.20.30.30.30.30.30.30.3
Other operating expenses  1.51.62.01.21.21.61.71.9
    Total noninterest expenses  20.720.321.236.418.819.420.319.0
    Income before income tax expense  12.411.411.9-6.410.710.48.58.9
Income tax expense  2.52.22.3-1.61.92.01.81.7
    Net income  9.89.29.6-4.88.98.46.77.2
   
Per share information:          
Basic earnings per share (in usd per share)  $0.95$0.88$0.92($0.47)$0.84$0.77$0.62$0.66
Diluted earnings per share (in usd per share)  $0.94$0.87$0.90($0.47)$0.83$0.76$0.60$0.65
   
Dividends paid per share (in usd per share)  $0.20$0.20$0.19$0.19$0.19$0.19$0.19$0.19

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