For the quarter ending 2025-09-30, ORRF made $152,935,000 in revenue. $21,865,000 in net income. Net profit margin of 14.30%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| Loans | 65,751,000 | 63,036,000 | - | |
| Investment securities - taxable | 9,367,000 | 9,406,000 | - | |
| Investment securities - tax-exempt | 881,000 | 878,000 | - | |
| Short-term investments | 1,123,000 | 1,513,000 | - | |
| Total interest income | 77,122,000 | 74,833,000 | - | |
| Deposits | 22,639,000 | 22,855,000 | - | |
| Securities sold under agreements to repurchase and federal funds purchased | 107,000 | 106,000 | - | |
| Fhlb advances and other borrowings | 1,791,000 | 1,030,000 | - | |
| Subordinated notes and trust preferred debt | 1,597,000 | 1,330,000 | - | |
| Total interest expense | 26,134,000 | 25,321,000 | - | |
| Net interest income | 50,988,000 | 49,512,000 | - | |
| Provision for credit losses - loans | 396,000 | 209,000 | - | |
| Recovery of credit losses - unfunded loan commitments | 0 | -100,000 | - | |
| Net interest income after net recovery of credit losses | 50,592,000 | 49,403,000 | - | |
| Service charges on deposit accounts | 2,014,000 | 2,050,000 | - | |
| Interchange income | 1,620,000 | 1,441,000 | - | |
| Other service charges, commissions and fees | 983,000 | 580,000 | - | |
| Swap fee income | 816,000 | 669,000 | - | |
| Trust and investment management income | 3,636,000 | 3,572,000 | - | |
| Brokerage income | 1,641,000 | 1,695,000 | - | |
| Mortgage banking activities | 522,000 | 478,000 | - | |
| Income from life insurance | 1,471,000 | 1,311,000 | - | |
| Investment securities gains | 50,000 | 8,000 | - | |
| Other income | 629,000 | 1,111,000 | - | |
| Total noninterest income | 13,382,000 | 12,915,000 | - | |
| Salaries and employee benefits | 21,439,000 | 21,364,000 | - | |
| Occupancy | 1,907,000 | 1,671,000 | - | |
| Furniture and equipment | 2,168,000 | 2,540,000 | - | |
| Data processing | 1,116,000 | 965,000 | - | |
| Automated teller and interchange fees | 892,000 | 615,000 | - | |
| Advertising and bank promotions | 154,000 | 1,077,000 | - | |
| Fdic insurance | 652,000 | 674,000 | - | |
| Professional services | 1,703,000 | 2,016,000 | - | |
| Directors' compensation | 350,000 | 293,000 | - | |
| Taxes other than income | 828,000 | 295,000 | - | |
| Intangible asset amortization | 2,410,000 | 2,472,000 | - | |
| Merger-related expenses | 0 | 968,000 | - | |
| Restructuring expenses | 0 | 0 | - | |
| Total income | - | - | 3,813,750 | |
| Other operating expenses | 2,678,000 | 2,664,000 | - | |
| Total expenses | - | - | 2,679,250 | |
| Total noninterest expenses | 36,297,000 | 37,614,000 | - | |
| Income before income tax benefit and equity in undistributed income of subsidiaries | - | - | 1,134,500 | |
| Income (loss) before income tax expense (benefit) | 27,677,000 | 24,704,000 | - | |
| Income tax expense (benefit) | 5,812,000 | 5,256,000 | -549,500 | |
| Income before equity in undistributed income of subsidiaries | - | - | 1,684,000 | |
| Equity in undistributed income of subsidiaries | - | - | 3,828,500 | |
| Net income (loss) | 21,865,000 | 19,448,000 | 5,512,500 | |
| Basic earnings (loss) per share (in usd per share) | 1.14 | 1.01 | 0.373 | |
| Diluted earnings (loss) per share (in usd per share) | 1.13 | 1.01 | 0.37 | |
| Weighted average shares outstanding - basic (in shares) | 19,224,000 | 19,173,000 | 3,690,250 | |
| Weighted average shares outstanding - diluted (in shares) | 19,364,000 | 19,342,000 | 3,728,500 | |
ORRSTOWN FINANCIAL SERVICES INC (ORRF)
ORRSTOWN FINANCIAL SERVICES INC (ORRF)