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