ORRSTOWN FINANCIAL SERVICES INC (ORRF)
2025-06-30 | ||||
---|---|---|---|---|
Income tax expense | 5,256 | |||
Other income | 1,111 | |||
Trust and investment management income | 3,572 | |||
Investment securities gains (losses) | 8 | |||
Brokerage income | 1,695 | |||
Income from life insurance | 1,311 | |||
Service charges on deposit accounts | 2,050 | |||
Other service charges, commissions and fees | 580 | |||
Interchange income | 1,441 | |||
Swap fee income | 669 | |||
Mortgage banking activities | 478 | |||
Total noninterest income | 12,915 | |||
Taxes other than income | 295 | |||
Restructuring expenses | - | |||
Professional services | 2,016 | |||
Other operating expenses | 2,664 | |||
Occupancy | 1,671 | |||
Directors' compensation | 293 | |||
Advertising and bank promotions | 1,077 | |||
Salaries and employee benefits | 21,364 | |||
Data processing | 965 | |||
Fdic insurance | 674 | |||
Furniture and equipment | 2,540 | |||
Merger-related expenses | 968 | |||
Intangible asset amortization | 2,472 | |||
Automated teller and interchange fees | 615 | |||
Total noninterest expenses | 37,614 | |||
Recovery of credit losses - unfunded loan commitments | -100 | |||
Subordinated notes and trust preferred debt | 1,330 | |||
Securities sold under agreements to repurchase and federal funds purchased | 106 | |||
Deposits | 22,855 | |||
Fhlb advances and other borrowings | 1,030 | |||
Total interest expense | 25,321 | |||
Investment securities - tax-exempt | 878 | |||
Investment securities - taxable | 9,406 | |||
Loans | 63,036 | |||
Short-term investments | 1,513 | |||
Total interest income | 74,833 | |||
Net interest income | 49,512 | |||
Provision for (recovery of) credit losses - loans | 209 | |||
Net interest income after provision for credit losses | 49,403 | |||
Income before income tax expense | 24,704 | |||
Net income | 19,448 | |||
Basic earnings per share (in usd per share) | 1.01 | |||
Diluted earnings per share (in usd per share) | 1.01 | |||
Weighted average shares outstanding - basic (in shares) | 19,173,000 | |||
Weighted average shares outstanding - diluted (in shares) | 19,342,000 |