For the quarter ending 2025-09-30, ORRF had $34,769K increase in cash & cash equivalents over the period. $22,309K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 21,865 | 37,499 |
| Net discount accretion | 5,652 | 11,949 |
| Depreciation and amortization expense | 3,730 | 7,892 |
| Provision for credit losses - loans | 396 | -345 |
| Recovery of credit losses - unfunded loan commitments | 0 | -100 |
| Share-based compensation | 1,332 | 2,644 |
| Gains on sales of loans originated for sale | 284 | 557 |
| Fair value adjustments on loans held for sale | -4 | -27 |
| Mortgage loans originated for sale | 12,231 | 27,812 |
| Proceeds from sales of loans originated for sale | 11,699 | 29,804 |
| Net gain on sale of oreo and premises held for sale | 0 | 119 |
| Net (gain) loss on disposal of premises and equipment | -11 | 18 |
| Deferred income tax expense | -538 | -6,108 |
| Investment securities gains | 50 | 21 |
| Net losses on derivatives | 50 | -393 |
| Gain on derivative terminations | 0 | - |
| Income from life insurance | 1,471 | 2,600 |
| Decrease (increase) in accrued interest receivable and other assets | -4,307 | -3,641 |
| (decrease) increase in accrued interest payable and other liabilities | -1,627 | -9,520 |
| Other, net | -306 | -517 |
| Net cash provided by operating activities | 22,815 | 35,430 |
| Proceeds from sales of afs securities | 41,647 | - |
| Maturities, repayments and calls of afs securities | 21,132 | 39,330 |
| Purchases of afs securities | 57,670 | 89,663 |
| Net cash and cash equivalents received from acquisitions | 0 | - |
| Net purchases of restricted investments in bank stocks | 2,907 | 972 |
| Net increase in loans | 43,360 | -10,596 |
| Proceeds from sales of portfolio loans | 0 | - |
| Investment in limited partnerships | 226 | 1,059 |
| Purchases of bank premises and equipment | 506 | 3,105 |
| Proceeds from disposal of oreo and premises held for sale | 0 | 2,182 |
| Proceeds from disposal of premises and equipment | 0 | 18 |
| Purchases of bank owned life insurance | 0 | - |
| Death benefit proceeds from life insurance contracts | 864 | - |
| Other | 0 | 15 |
| Net cash (used in) provided by investing activities | -41,026 | -42,688 |
| Net (decrease) increase in deposits | 16,791 | -107,178 |
| Net increase (decrease) in borrowings with original maturities less than 90 days | 55,354 | 40,184 |
| Proceeds from fhlb advances with original maturities greater than 90 days | 20,000 | - |
| Payments on fhlb advances with original maturities greater than 90 days | 0 | 15,000 |
| Payments on subordinated notes | 32,500 | - |
| Dividends paid | 5,262 | 10,116 |
| Acquisition of treasury stock | 29 | 65 |
| Shares repurchased as treasury stock for employee taxes associated with restricted stock vesting | 1,523 | 478 |
| Proceeds from issuance of employee stock purchase plan shares | 85 | 66 |
| Other | 64 | 348 |
| Net cash (used in) provided by financing activities | 52,980 | -92,239 |
| Net (decrease) increase in cash and cash equivalents | 34,769 | -99,497 |
| Cash and cash equivalents at beginning of period | 248,874 | - |
| Cash and cash equivalents at end of period | 184,146 | - |
ORRSTOWN FINANCIAL SERVICES INC (ORRF)
ORRSTOWN FINANCIAL SERVICES INC (ORRF)