{"filings":[{"id":1785037,"accession_number":"0001628280-26-049110","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2026-07-22T12:00:19+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q2 net income $21.2M ($1.09 EPS); NIM 3.87%; loans up 5% annualized; dividend $0.30","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $21.2M ($1.09 diluted EPS) vs $21.8M ($1.12) in Q1 2026 and $19.4M ($1.01) in Q2 2025.","Net interest margin (tax-equivalent) 3.87% vs 3.90% Q1; adjusted NIM 4.00% excluding subordinated note fair value mark amortization.","Loans held for investment increased $51.7M (5% annualized) to $4.1B; nonaccrual loans fell to 0.58% from 0.74%.","Redeemed $31M 4.50% subordinated notes on June 30; recorded $1.6M fair value mark amortization in interest expense.","Board declared $0.30/share dividend payable Aug 11, 2026; tangible book value per share rose to $26.71 from $25.76."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":746561,"accession_number":"0001140361-26-023313","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2026-05-29T20:05:38+00:00","items":["8.01","9.01"],"status":"ready","headline":"Orrstown redeems $31M sub notes due 2030; discloses third-party vendor cyber incident affecting customers","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Redemption of $31M 4.5% Fixed-to-Floating Rate Subordinated Notes due 2030 on June 30, 2026, at 100% of principal plus accrued interest. Rate at Mar 31, 2026: 7.72%.","Cybersecurity incident at third-party vendor gained unauthorized access to sensitive personal information of certain customers.","Company's own systems not accessed; no indication of information misuse yet. Impacted customers offered credit monitoring.","Company does not expect material impact on operations, financial condition, or results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99089,"accession_number":"0001628280-26-031234","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Orrstown Financial elects Adam L. Metz as President and CEO effective June 1, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Adam L. Metz, 54, will become President, CEO and Director upon retirement of Thomas R. Quinn, Jr. on June 1, 2026.","Metz joined Orrstown in 2016; most recently served as Senior EVP and COO since Feb 2025.","Annual shareholder meeting elected four Class A directors with avg 95.81% votes cast in favor.","Say-on-pay advisory vote approved with 94.91% of votes cast; auditor Crowe LLP ratified with 99.50%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99088,"accession_number":"0001628280-26-030141","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Orrstown holds annual shareholders meeting; presentation attached","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation covers certain matters impacting the company and operating results.","Virtual annual shareholders meeting held on May 5, 2026.","No specific financial figures or guidance changes disclosed in the 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99087,"accession_number":"0001628280-26-026395","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2026-04-22T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q1 net income $21.8M ($1.12 EPS); deposits grow $98.7M, NIM down to 3.90%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $21.8M, diluted EPS $1.12 vs $1.11 Q4'25 and $0.93 Q1'25; ROAA 1.59%, ROAE 14.76%.","Net interest margin (tax-equiv) 3.90%, 10 bp decline from 4.00% in Q4 2025 due to lower loan yields.","Loans +$40.6M (4% annualized), deposits +$98.7M, borrowings -$68.0M; loan-to-deposit 88%.","Noninterest income $15.6M (+$1.2M QoQ) from $2.4M life insurance death benefits; expenses down $0.7M.","Cash dividend $0.30/share payable May 12, record May 5; tangible book value $25.76 (+2.2% QoQ)."],"consensus_eps_estimate":null,"consensus_eps_actual":1.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114902,"accession_number":"0001628280-26-003716","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Financial Q4 net income $21.5M; raises quarterly dividend to $0.30","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $21.5M ($1.11 diluted EPS) for Q4; annual net income $80.9M ($4.18 EPS), record high.","Adjusted annual diluted EPS $4.28, up from $3.76 in 2024.","Net interest margin 4.00% for Q4; loans grew $41M (4% annualized).","Board declared dividend $0.30/share, payable Feb 17, 2026, a $0.03 increase.","Tangible book value per share $25.21, up from $24.12; TCE ratio 9.0%."],"consensus_eps_estimate":null,"consensus_eps_actual":4.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":37144000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131291,"accession_number":"0001628280-25-045778","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-10-22T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q3 net income $21.9M, EPS $1.13; record earnings, loan growth 5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $21.9M, diluted EPS $1.13; Q2 2025: $19.4M, $1.01; Q3 2024: net loss $7.9M, -$0.41.","Net interest margin (tax-equiv) 4.11%, up 4bp QoQ; purchase accounting added 52bp.","Loans grew $48.4M (~5% annualized) to $4.0B; classified loans down $1.7M to $64.1M.","Redeemed $32.5M subordinated notes on Sept 30; accelerated amortization of $0.3M.","Board declared $0.27/sh dividend payable Nov 12 to holders of record Nov 5."],"consensus_eps_estimate":null,"consensus_eps_actual":3.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147873,"accession_number":"0000826154-25-000183","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-08-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Orrstown to redeem all $32.5M of 6.0% subordinated notes due 2028 on Sept 30, 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Board approved redemption of $32,500,000 outstanding 6.0% fixed-to-floating rate subordinated notes.","Redemption price is 100% of principal plus accrued interest to Sept 30, 2025.","Notes originally issued under indenture dated Dec 19, 2018 with U.S. Bank as trustee.","Notice of redemption will be delivered separately by the trustee to noteholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147872,"accession_number":"0000826154-25-000150","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q2 net income $19.4M ($1.01 EPS); dividend raised to $0.27, share repurchase authorized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $19.4M ($1.01 diluted EPS) vs $18.1M ($0.93) prior quarter; adjusted EPS $1.04.","Net interest margin (tax-equiv) 4.07%, up 7 bp from Q1; loans grew 6% annualized ($55.4M).","Deposits declined $117.1M to $4.5B; loan-to-deposit ratio rose to 87%.","Dividend increased to $0.27/share (+$0.01) payable Aug 12; $500K share buyback authorized.","Tangible book value $22.77 (up $0.78); tangible common equity ratio 8.3% vs 7.9%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147871,"accession_number":"0000826154-25-000143","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-07-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Orrstown Bank enters deferred comp agreement with CFO Neelesh Kalani","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Annual contribution of $78,663 to deferral account if ROATE >= 8%.","Accumulation interest tied to ROATE (0-15%); distribution interest at 4%.","Death benefit floor of $2,260,885 if company owns life insurance.","Payable in 180 monthly installments starting at Normal Retirement Age or earlier events."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166590,"accession_number":"0000826154-25-000140","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-06-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Orrstown Financial authorizes share repurchase of up to 500,000 shares (2.5% of outstanding)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved repurchase of up to 500,000 shares, ~2.5% of outstanding common stock.","Repurchases may be executed in open market or private transactions and under Rule 10b5-1 plans.","Program can be suspended or terminated at any time without prior notice."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166589,"accession_number":"0000826154-25-000100","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Orrstown Financial elects five directors with 92.5% support, say-on-pay passes at 90.3%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Five director nominees elected with average 92.47% of votes cast; broker non-votes of 2.5M shares.","Say-on-pay advisory vote approved with 90.28% of votes cast for; broker non-votes 2.5M.","2025 Stock Incentive Plan approved with 94.54% of votes cast for.","Crowe LLP ratified as independent auditor for FY 2025 with 98.89% approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166588,"accession_number":"0000826154-25-000098","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Orrstown holds annual meeting; presentation furnished but content not provided in excerpt","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Filing under Item 7.01 includes presentation for virtual annual shareholder meeting on May 6, 2025.","No specific financial results, guidance, or material updates are visible from the exhibit text provided.","The presentation describes 'certain matters impacting the Company and its operating results' but details are absent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166587,"accession_number":"0000826154-25-000095","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Financial Q1 net income $18.1M, EPS $0.93; adjusted EPS $1.00","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $18.1M ($0.93 diluted) vs $13.7M ($0.71) in Q4 2024 and $8.5M ($0.81) in Q1 2024.","Adjusted net income $19.3M ($1.00 diluted) excludes $1.6M merger-related expenses.","Net interest margin 4.00% (tax-equivalent) vs 4.05% in Q4; purchase accounting added 51 bps.","Commercial loans declined $49.7M (2%) due to strategic risk reduction; provision recovery of $0.6M.","Board declared $0.26/sh dividend payable May 13, 2025; total risk-based capital ratio 13.1% (well capitalized)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184007,"accession_number":"0000826154-25-000045","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Orrstown promotes Adam Metz to COO; names him successor to CEO Quinn upon retirement in May 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Adam L. Metz promoted to Senior Executive Vice President and COO effective February 13, 2025.","Metz is intended to succeed Thomas R. Quinn, Jr. as President and CEO upon Quinn's retirement on May 25, 2026.","Metz previously served as Executive Vice President and Chief Revenue Officer since 2019."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184006,"accession_number":"0000826154-25-000036","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-02-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Orrstown appoints former CHRO Barbara Brobst to Board, effective Feb. 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Barbara E. Brobst appointed to Orrstown Financial Services and Orrstown Bank boards, effective Feb. 1, 2025.","Ms. Brobst served as EVP and Chief Human Resources Officer from 2015 to 2022; over 40 years banking experience.","She will receive same compensation as other non-employee directors: annual retainer and equity grants under equity plan.","No committees yet assigned; no family relationships or related-party transactions per Regulation S-K Item 404(a)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184005,"accession_number":"0000826154-25-000012","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2025-01-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q4 net income $13.7M ($0.71 EPS); raises dividend 13% to $0.26","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $13.7M vs Q3 net loss of $7.9M; adjusted net income $16.7M ($0.87 EPS).","Quarterly dividend increased 13% to $0.26 per share, payable Feb 21, 2025.","Net interest margin (tax-equivalent) 4.05% vs 4.14% prior Q; net accretion of $7.2M.","Loans declined $50.2M to $3.9B due to strategic de-risking; classified loans down $16.9M.","Achieved 18% cost-save target for combined operating run rate; merger expenses $3.9M vs $17M Q3."],"consensus_eps_estimate":null,"consensus_eps_actual":1.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":27312000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.72,"calibrated_materiality_score":0.72,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200608,"accession_number":"0000826154-24-000216","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Financial Services reports Q3 2024 net loss of $7.9M after merger with Codorus Valley Bancorp","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss was $7.9M ($0.41 per diluted share) for Q3 2024, vs net income of $7.7M in Q2 2024.","Excluding non-recurring merger and retirement charges, adjusted net income was $21.4M, or $1.11 per diluted share.","Board declared a cash dividend of $0.23 per common share, payable Nov 12, 2024 to holders of record Nov 5.","Merger with Codorus Valley Bancorp closed July 1, adding $2.2B in assets, $1.6B loans, and $1.9B deposits.","Provision for credit losses was $13.7M; nonaccrual loans rose to $26.9M, including $12.8M from Codorus."],"consensus_eps_estimate":null,"consensus_eps_actual":0.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216620,"accession_number":"0000826154-24-000211","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-09-25T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Orrstown COO Kauffman retires Sept 30; CEO Quinn's retirement extended to May 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["EVP/COO Craig L. Kauffman retires effective Sept 30, 2024; receives $819,170/yr salary substitution payments until Apr 22, 2028.","Kauffman's restricted stock (13,333 shares) fully vested; Salary Continuation Agreement annual benefit raised to $150,000.","Non-compete extended to Apr 22, 2028; COBRA medical/dental premiums paid for 6 months; legal fees up to $35,000.","CEO Thomas R. Quinn's retirement date extended one year to May 25, 2026 by board vote.","Kauffman to provide up to 20 hrs transitional assistance through Dec 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216614,"accession_number":"0000826154-24-000209","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K/A","filed_at":"2024-09-24T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Orrstown files audit consent for Codorus Valley merger — no new material info","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Amendment No. 2 filed solely to provide consent of Crowe LLP, Codorus Valley's auditor.","Merger with Codorus Valley was completed on July 1, 2024; terms unchanged.","Financial statements and pro forma info were filed in prior amendments.","No new business developments, operational changes, or financial updates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216613,"accession_number":"0000826154-24-000207","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K/A","filed_at":"2024-09-17T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Orrstown files pro forma financials for $234M merger with Codorus Valley, combined assets $5.4B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pro forma combined total assets of $5.39B at March 31, 2024.","Pro forma net income of $41.0M for FY2023 and $16.4M for Q1 2024.","Purchase price of $234M; goodwill of $47.2M recorded.","Audited financial statements of Codorus Valley for 2022-2023 and unaudited Q1 2024 furnished."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216619,"accession_number":"0000826154-24-000188","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["2.05","9.01"],"status":"ready","headline":"Orrstown to close six branches; expects $534K charge and $1.7M annual savings","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Six branches to close: Lancaster (2), Camp Hill, Mechanicsburg, Spring Grove PA, Parkton MD.","One-time pre-tax charge of ~$534K; expected annual pre-tax savings of ~$1.7M.","Five closures subject to regulatory approval, expected Q4 2024; one consolidation in Q3 2024.","After closures, bank will have 38 full-service branches (avg $123M deposits) and 7 limited-service.","Closures align with client needs and branch network overlap after merger with Codorus Valley."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216618,"accession_number":"0000826154-24-000185","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Orrstown Financial holds investor presentation on July 30, 2024","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Management scheduled presentations with multiple investors; presentation furnished as exhibit.","No financial guidance, earnings results, dividend changes, or strategic transactions disclosed.","Presentation content not detailed in filing; no material new information provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216617,"accession_number":"0000826154-24-000182","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-07-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q2 net income $7.7M; raises dividend to $0.23; Codorus merger closed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $7.7M ($0.73 diluted EPS); adjusted net income $8.7M ($0.83 EPS) excluding $1.1M merger costs.","Quarterly dividend increased $0.03 to $0.23/share (15% raise), payable Aug 15 to holders of record Aug 8.","Merger of equals with Codorus Valley Bancorp closed July 1, 2024; combined assets ~$4.9B on standalone basis.","Net interest margin (tax equivalent) 3.54%, stable excluding Q1's $1.6M nonaccrual recovery boost.","Nonaccrual loans fell to $8.4M (0.36% of loans) from $12.9M; tangible book value per share rose to $24.08."],"consensus_eps_estimate":null,"consensus_eps_actual":1.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216616,"accession_number":"0000826154-24-000179","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-07-11T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Orrstown enters salary continuation agreement with COO Kauffman ($357K/yr) and amends CEO Quinn's benefit","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["New agreement for EVP/COO Craig L. Kauffman provides annual retirement benefit of $357,260 payable in monthly installments over 15 years.","Amendment for CEO Thomas R. Quinn, Jr. increases his annual benefit by 0.3274% per month for each full month past his normal retirement age (65, reached April 2024), up to 60 months.","Benefits are triggered by retirement, disability, change in control, or death; forfeiture for cause or competition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216615,"accession_number":"0001140361-24-031867","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["2.01","2.03","5.02","5.03","8.01","9.01"],"status":"ready","headline":"Orrstown completes merger with Codorus Valley; 0.875 exchange ratio, combined entity trades as ORRF","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger of equals completed July 1, 2024; CVLY shareholders receive 0.875 ORRF shares per share.","Combined company trades as ORRF; former CVLY shareholders own ~44% of combined entity.","Board expanded to 13 directors, including 6 from Codorus Valley; 4 ORRF directors resigned.","Craig Kauffman named EVP/COO, to succeed as CEO by June 1, 2025; base salary $600k, 10k RSU grant.","Orrstown assumed $41.3M in trust preferred and subordinated debt from Codorus Valley."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236288,"accession_number":"0001140361-24-030263","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Orrstown and Codorus Valley receive regulatory approvals for merger; close expected July 1, 2024","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Received approvals from the Federal Reserve and Pennsylvania Department of Banking and Securities.","Anticipate closing the merger of equals on July 1, 2024, subject to customary closing conditions.","Merger of equals between Orrstown Financial Services (ORRF) and Codorus Valley Bancorp (CVLY).","Transaction was previously announced; regulatory approvals are the latest milestone."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236287,"accession_number":"0001140361-24-028383","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-05-31T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"Orrstown and Codorus Valley shareholders approve merger of equals","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Orrstown shareholders approved share issuance: 6,968,156 for, 113,059 against, 18,675 abstain.","Codorus Valley shareholders also approved the merger and compensation plan.","Merger expected to close in Q3 2024, pending regulatory approvals and other conditions.","Orrstown had 10,704,599 shares outstanding; quorum of 7,099,890 shares present."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236286,"accession_number":"0001140361-24-027379","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Orrstown and Codorus Valley issue supplemental proxy disclosures in response to shareholder demands","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["ORRF and CVLY received 11 demand letters alleging proxy omissions; companies deny claims but release supplemental disclosures.","Supplemental disclosures detail revised selected companies analyses and DCF assumptions from Raymond James and KBW.","Merger consideration unchanged; special shareholder meetings remain scheduled for May 30, 2024.","Pro forma analysis: 2024 EPS accretion 21.3%, 2025 EPS accretion 46.1%, TBV dilution 20.9% (ORRF perspective)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236285,"accession_number":"0000826154-24-000073","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Orrstown shareholders elect three directors, approve say-on-pay, ratify auditor at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Thomas D. Longenecker, Andrea L. Pugh, Floyd E. Stoner elected as Class C directors with average 94.8% votes cast.","Non-binding say-on-pay proposal approved with 80.5% of votes cast in favor.","Crowe LLP ratified as independent auditor for FY 2024 with 98.3% of votes cast.","Broker non-votes of 1,002,919 on director elections and say-on-pay proposal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236284,"accession_number":"0000826154-24-000071","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Orrstown holds virtual annual meeting, furnishes shareholder presentation (no material disclosures)","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company held its virtual annual shareholders meeting on April 30, 2024.","A presentation covering certain matters and operating results was provided to attendees.","No specific financial or operational data from the presentation is included in this filing.","The presentation is furnished as Exhibit 99 but is not appended; details unknown."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236283,"accession_number":"0000826154-24-000068","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-04-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q1 EPS $0.81 ($0.88 adjusted); nonaccrual loans halved to $12.9M; deposits up $137M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS $0.81 ($0.88 adjusted); net income $8.5M vs $7.6M in Q4 2023.","Nonaccrual loans fell to $12.9M (0.56% of loans) from $25.5M after $13.4M CRE loan payoff.","Net interest margin 3.77% (3.71% Q4) aided by $1.6M interest recovery on payoff.","Deposits grew $137M to $2.7B; loan-to-deposit ratio improved to 85% from 90%.","Dividend $0.20/share payable May 14; tangible book value $23.47 (+$0.44 QoQ)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253960,"accession_number":"0000826154-24-000006","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2024-01-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown posts record FY23 net income $35.7M ($3.42 EPS); Q4 EPS $0.73, merger costs $1.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2023 net income $35.7M, up 62% YoY from $22.0M; diluted EPS $3.42 vs $2.06, a record.","Q4 2023 net income $7.6M ($0.73 diluted) vs Q3 $9.0M; adjusted EPS $0.83 excl. $1.1M merger costs.","Dividend declared $0.20/share, payable Feb 13, 2024 to holders of record Feb 6.","Loans grew $31.5M in Q4 (6% annualized); deposits up $12.4M; net interest margin 3.71%.","Tangible book value per share improved to $23.03 from $20.94 at Sep 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":3.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":19479000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271421,"accession_number":"0001193125-23-293868","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K/A","filed_at":"2023-12-13T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Orrstown refiles corrected merger presentation for Codorus Valley Bancorp deal","summary_kind":"llm","event_type":"m_and_a","confidence":"low","bullets":["Merger of equals between Orrstown (ORRF) and Codorus Valley Bancorp (CVLY) announced Dec 12, 2023.","Amendment corrects formatting and re-furnishes Exhibit 99.2 investor presentation with previously missing text.","Presentation covers strategic rationale, pro forma financials, and expected benefits of the combination.","Transaction requires regulatory and shareholder approvals; closing expected in 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271423,"accession_number":"0001193125-23-293399","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-12-12T23:59:59+00:00","items":["1.01","5.03","7.01","8.01","9.01"],"status":"ready","headline":"Orrstown to acquire Codorus Valley in stock deal; Kauffman to become CEO","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Codorus Valley shareholders to receive 0.875 Orrstown shares per CVLY share (exchange ratio).","Termination fee of $8.3 million payable by either party under certain conditions.","Board expands to 13 members with 6 directors from Codorus Valley; Zullinger Chairman, Messick Vice Chairman.","Craig Kauffman (Codorus Valley CEO) to become Orrstown President/CEO by June 1, 2025; $600k salary + 10,000 restricted shares.","Orrstown amended bylaws to eliminate director age limit of 75."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271422,"accession_number":"0000826154-23-000141","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-10-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q3 net income $9.0M ($0.87 EPS); net interest margin 3.73%, loan growth 6% annualized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $9.0M, diluted EPS $0.87 vs $0.94 in Q2 2023; net interest margin (TE) 3.73% vs 3.83%.","Total loans grew $32.4M (6% annualized); total deposits increased $23.6M in Q3.","Tangible common equity ratio 7.3% (down from 7.5% at June 30) due to $11.2M after-tax unrealized losses.","Board declared $0.20/share dividend payable Nov 14 to holders of record Nov 7.","Non-interest expenses down $0.3M to $20.4M; provision for credit losses was $0.1M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288288,"accession_number":"0000826154-23-000135","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-08-10T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Orrstown extends CEO Thomas Quinn's retirement date to May 25, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board voted on Aug 7, 2023 to extend CEO retirement by one additional year.","New retirement date set to May 25, 2025; original date was May 25, 2024.","Extension accepted by Thomas R. Quinn, Jr. on August 8, 2023.","Employment agreement dated June 3, 2015 permits annual extensions by board vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288287,"accession_number":"0000826154-23-000125","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-07-31T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Orrstown management to present to investors starting Aug 1, 2023; no material details disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation furnished under Regulation FD; no specific financial or operational updates provided.","Exhibit 99 is placeholder text only; no actual presentation content available for analysis.","Filing is procedural with no material news for investors.","No changes to guidance, dividends, earnings, or corporate strategy indicated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288286,"accession_number":"0000826154-23-000123","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-07-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q2 net income $9.8M ($0.94 EPS); NIM 3.83%, dividend $0.20","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $9.8M ($0.94 diluted EPS) vs $0.87 Q1 and $0.83 year ago.","Net interest margin 3.83% (down from 3.94% Q1) due to higher funding costs.","Noninterest income $7.2M including $1.2M gain from Path Valley branch sale.","Deposits up $7.2M; uninsured deposits at 16% vs 19% prior quarter.","TBVPS $21.19; bought back 76,330 shares at $18.58 avg."],"consensus_eps_estimate":null,"consensus_eps_actual":1.82,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288285,"accession_number":"0000826154-23-000120","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K/A","filed_at":"2023-07-11T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Orrstown Financial sets annual Say-on-Pay frequency per shareholder vote","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders voted for annual Say-on-Pay advisory votes at May 2, 2023 annual meeting.","Board adopted annual frequency for future Say-on-Pay votes consistent with shareholder preference.","Next vote on Say-on-Pay frequency will occur at least every six years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308746,"accession_number":"0000826154-23-000115","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Orrstown completes sale of Path Valley branch to Juniata; $18.8M deposits assumed","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Transaction closed May 12, 2023; Juniata purchased branch premises and equipment.","Deposit liabilities of ~$18.8M assumed; Juniata paid a 6% deposit premium, adjusted for post-closing attrition.","No loans were included in the sale; Orrstown cites strategic objectives and shareholder value.","Deal was previously announced on December 23, 2022; customers received welcome kits with account details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308745,"accession_number":"0000826154-23-000089","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Orrstown shareholders elect four directors, approve say-on-pay and auditor at 2023 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Four Class A directors elected with avg 92.5% votes cast in favor; terms expire 2026.","Say-on-pay advisory vote approved by 80.1% of votes cast (4,841,750 for).","Say-on-pay frequency set to annual, supported by 90.3% of votes cast (5,492,677).","Ratification of Crowe LLP as auditor approved by 98.6% of votes cast (7,627,252 for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308744,"accession_number":"0000826154-23-000084","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Orrstown holds annual shareholder meeting; presentation furnished but content unavailable","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Virtual annual shareholders meeting held on May 2, 2023.","Presentation on company matters and operating results provided to attendees.","Exhibit 99 (presentation) attached but its content is not disclosed in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308743,"accession_number":"0000826154-23-000080","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-04-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q1 net income $9.2M ($0.87 EPS); NIM compresses, deposits grow","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $9.2M ($0.87 diluted EPS) in Q1 2023 vs $9.6M ($0.91) in Q4 2022 and $8.4M ($0.76) in Q1 2022.","Net interest margin (tax-equivalent) fell to 3.94% from 4.14% in Q4 2022; provision for credit losses was $0.7M under new CECL standard.","Tangible book value per share rose to $20.50 from $19.47 at Dec 31, 2022; total deposits increased $39.4M (6% annualized).","Commercial loan growth ex-PPP was $63.2M (15% annualized); company repurchased 54,262 shares at avg price $21.65.","Board declared a cash dividend of $0.20 per share, payable May 16, 2023 to holders of record May 9, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327520,"accession_number":"0000826154-23-000069","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-03-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Snoke moves from Class B to Class A to rebalance Orrstown board classes","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Glenn W. Snoke resigned as Class B director on March 13, 2023, and was immediately reappointed as Class A director.","Move corrects board composition from 5-3-3 (B:A:C) to 4-4-3, as required by Articles of Incorporation.","Snoke has served on the board since 1999; nominated for election as Class A at 2023 Annual Meeting.","Compensation and committee assignments (Nominating, Compensation, ERM, Executive) unchanged.","No family relationships or related-party transactions with Snoke per Item 404(a)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327519,"accession_number":"0000826154-23-000003","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2023-01-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Orrstown Q4 net income $9.6M, EPS $0.91; full-year adj. EPS $3.25; dividend raised to $0.20","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2022 net income $9.6M ($0.91 diluted EPS) vs Q3 net loss $4.8M ($0.47 loss) and Q4 2021 net income $6.7M ($0.60).","Full-year 2022 net income $22.0M ($2.06) vs 2021 $32.9M ($2.96); adjusted net income $34.8M ($3.25) excluding restructuring and legal settlement.","Net interest margin expanded to 4.14% from 3.92% in Q3; commercial loan growth ex-PPP +$56.6M (14% annualized).","Dividend increased to $0.20/share, payable Feb 14, 2023 to holders of record Feb 7, 2023.","Nonaccrual loans rose to 0.96% of total loans due to one $15.4M downgrade; provision for loan losses $0.6M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":19464000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345224,"accession_number":"0000826154-22-000194","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2022-12-28T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Orrstown sells Path Valley branch to Juniata Valley Bank; assumes $31.7M deposits at 6% premium","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale of Path Valley branch (Spring Run, PA) to Juniata Valley Bank; deposit liabilities ~$31.7M assumed; 6% premium on final deposit balance.","No Orrstown loans included; transaction includes branch real estate, furniture, equipment, and cash. Expected close Q2 2023.","Path Valley branch, previously set to close Dec 30, 2022, will remain open as Orrstown until closing, then become Juniata branch.","Orrstown's other four branch closures (Chambersburg, East Earl, Mechanicsburg, Orrstown) remain on schedule for Dec 30, 2022.","Orrstown CEO says sale allows Path Valley community to keep in-person banking while achieving strategic objectives and shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345223,"accession_number":"0000826154-22-000191","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2022-12-19T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Orrstown enters deferred compensation agreement with EVP Metz tied to ROATE performance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreement with Adam L. Metz, Executive VP and Chief Revenue Officer, effective December 2022.","$20,000 contribution for 2022 if ROATE >= 8%; $83,280 annually thereafter under same condition.","Benefits paid in 180 equal monthly installments starting at age 65 or upon disability/change in control.","Death benefit of $2,260,909 if life insurance in place, else Deferral Account balance.","All benefits forfeited if employment terminated for Cause."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345222,"accession_number":"0000826154-22-000188","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2022-12-13T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Orrstown settles shareholder class action for $15M; company contributes $13M","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Settlement resolves securities class action filed in 2012; Orrstown pays $13M of the $15M total.","Claims involved alleged false statements on loan portfolio and internal controls; no admission of wrongdoing.","Class period: March 15, 2010 to April 26, 2012; settlement requires preliminary and final court approval.","Company settled to avoid cost, risks, and distraction of continued litigation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345221,"accession_number":"0001193125-22-279772","cik":826154,"company_name":"ORRSTOWN FINANCIAL SERVICES INC","ticker":"ORRF","form_type":"8-K","filed_at":"2022-11-08T23:59:59+00:00","items":["1.01","2.02","9.01"],"status":"ready","headline":"Orrstown settles shareholder class action for $15M; records $13M charge, posts Q3 net loss","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Agreed to settle class action lawsuit; company contributes $13M of the $15M total payment; mutual release and dismissal with prejudice.","Q3 2022 net loss of $4.8M ($0.47 diluted loss) vs prior reported net income; adjusted net income $7.9M ($0.75 diluted) ex settlement and restructuring.","Nine-month 2022 net income revised to $12.4M ($1.16 diluted); adjusted to $25.2M ($2.34 diluted) excluding $13M settlement and $3.2M restructuring.","Tangible book value per share fell to $18.34 at Sept 30, 2022 from $20.23 at June 30, 2022 due to settlement charge and AOCI decline.","Shareholders' equity decreased $20.1M to $217.4M; risk-based capital ratio 12.7% and Tier 1 leverage 8.4% remain well above regulatory minimums."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":728540885.3778616,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-11-08T23:59:59+00:00|345221"}