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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 itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-05-17
   10-K10-K10-K10-K10-K8-K10-K8-K
Interest income          
Loans  93.584.287.575.150.6 40.6 
Investment securities - taxable  10.26.610.514.510.9 7.5 
Investment securities - tax-exempt  4.12.51.62.13.9 3.1 
    Total interest income  108.793.799.693.065.765.751.540.2
   
Interest expense          
Deposits  6.34.212.019.310.2 6.16.1
Securities sold under agreements to repurchase and federal funds purchased  0.00.00.10.60.1 0.8 
FHLB advances and other borrowings       1.6  
Subordinated notes  2.02.02.02.00.1   
    Total interest expense  9.06.716.023.713.513.57.66.1
    Net interest income  99.687.083.669.352.252.243.843.4
    Net interest income after provision for credit losses  95.585.978.368.451.451.442.8 
   
Noninterest income          
Service charges on deposit accounts  3.83.02.93.43.24.13.15.7
Interchange income  4.14.13.43.32.8 2.6 
Swap fee income  2.60.30.81.2    
Trust and investment management income  7.67.96.97.36.6 6.4 
Brokerage income  3.63.62.82.42.0 1.9 
Mortgage banking activities  0.45.95.33.02.72.72.92.9
Income from life insurance  2.32.32.32.01.5 1.1 
Other income  1.80.80.40.30.31.80.2 
    Total noninterest income  27.029.228.328.521.021.019.95.7
   
Noninterest expenses          
Salaries and employee benefits  48.044.043.439.532.5 30.1 
Occupancy  4.74.74.84.33.1 2.8 
Furniture and equipment  5.15.14.84.74.1 3.4 
Data processing  4.64.13.63.62.7 2.3 
Advertising and bank promotions  2.32.21.72.01.6 1.6 
FDIC insurance  1.10.80.70.40.7 0.6 
Professional services  3.32.63.13.01.8 1.6 
Directors' compensation  0.90.90.91.01.0 1.0 
Taxes other than income  1.41.31.11.01.0 0.9 
Intangible asset amortization  1.11.31.61.60.30.30.10.1
Other operating expenses  6.06.06.75.75.2 4.4 
    Total noninterest expenses  95.874.174.177.357.957.950.3 
    Income before income tax expense  26.640.932.519.614.4 12.4 
Income tax expense  4.68.06.02.71.61.64.34.3
    Net income  22.032.926.516.912.812.88.18.1
   
Per share information:          
Basic earnings per share (in usd per share)  $2.09$3.00$2.42$1.63$1.53$1.53$1.00 
Diluted earnings per share (in usd per share)  $2.06$2.96$2.40$1.61$1.50$1.50$0.98 
   
Dividends paid per share (in usd per share)  $0.76$0.74$0.68$0.60$0.51 $0.42 

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