ORRSTOWN FINANCIAL SERVICES INC (ORRF) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-05-18	Dec-31-17	Dec-05-17
	10-K	10-K	10-K	10-K	10-K	8-K	10-K	8-K
Assets
Cash and due from banks	28.5	21.2	26.2	26.0	26.2		21.7
Interest-bearing deposits with banks	32.3	187.5	99.1	30.0	45.7		8.1
Cash and cash equivalents	60.8	208.7	125.3	56.0	88.8	88.8	29.8	29.8
Restricted investments in bank stocks	10.6	7.3	10.6	16.2	10.8		10.0
Loans held for sale, at fair value	10.9	8.9	11.7	9.4
Premises and equipment, net	29.3	34.0	35.1	37.5	38.2	38.2	34.8	34.8
Cash surrender value of life insurance	71.8	70.2	68.6	63.6	41.3		33.6
Goodwill	18.7	18.7	18.7	19.9	12.6	12.6	0.7
Other intangible assets, net	3.1	4.2	5.5	7.2	3.9		0.4
Accrued interest receivable	11.0	8.2	8.9	6.0	5.9		5.0
Deferred tax assets, net	24.0	11.6
Other assets	42.3	31.4	40.2	46.9	29.9	88.0	25.9	74.5
Total assets	2,922.4	2,834.6	2,750.6	2,383.3	1,934.4	1,720.8	1,558.8	555.5

Liabilities
Deposits:
Noninterest-bearing	494.1	553.2	456.8	249.5	204.8		162.3
Interest-bearing	1,950.8	1,911.7	1,900.1	1,626.1	1,353.9		1,057.2
Deposits held for assumption in connection with sale of bank branch	31.3
Total deposits	6,087.3	5,636.3	5,334.0	3,893.9	3,231.0	1,429.2	2,534.2
Securities sold under agreements to repurchase and federal funds purchased

FHLB advances and other borrowings
Subordinated notes	32.0	32.0	31.9	31.8	31.9
Other liabilities	61.9	40.8	38.0	34.7	22.8		17.2
Total liabilities	2,693.5	2,562.9	2,504.3	2,160.0	1,761.0	1,575.2	1,414.1	177.4

Shareholders’ Equity
Common stock	0.6	0.6	0.6	0.6	0.5	0.5	0.4	0.4
Additional paid - in capital	189.3	189.7	189.1	188.4	151.7	151.7	125.5	125.5
Retained earnings	92.5	78.7	54.1	35.2	24.5	24.5	16.0	16.0
Accumulated other comprehensive loss	-39.9	4.4	3.3	-0.5	-3.0	-3.0	2.8	2.8
Treasury stock—596,655 and 557,829 shares, at cost at June 30, 2023 and December 31, 2022, respectively	-13.5	-1.8	-0.8	-0.5	-0.2	-0.2	0.0	0.0
Total shareholders’ equity	228.9	271.7	246.2	223.2	173.4	145.6	144.8
Total liabilities and shareholders’ equity	2,922.4	2,834.6	2,750.6	2,383.3	1,934.4	1,720.8	1,558.8