{"schema_version":"secwatch.filing_event.v1","accession":"0000826154-23-000123","form_type":"8-K","ticker":"ORRF","cik":"0000826154","company_name":"ORRSTOWN FINANCIAL SERVICES INC","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.740883+00:00","generated_at":"2026-06-13T03:44:05.411524+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Orrstown Q2 net income $9.8M ($0.94 EPS); NIM 3.83%, dividend $0.20","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000826154-23-000123","json":"https://secwatch.observer/filing/0000826154-23-000123.json","markdown":"https://secwatch.observer/filing/0000826154-23-000123.md","text":"https://secwatch.observer/filing/0000826154-23-000123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/826154/000082615423000123/0000826154-23-000123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/826154/000082615423000123/orrf-20230725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:44:05.411524+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cdf50b2ef4862dfbceaa77ae888d583fa3bc3922","claim":"ORRSTOWN FINANCIAL SERVICES INC reported the quarter ended June 30, 2023 results: net income Net income of $9.8 million, EPS diluted earnings per share of $0.94.","evidence_excerpt":"On July 25, 2023, Orrstown Financial Services, Inc. (the “Company”) issued a press release to report earnings for the quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/826154/000082615423000123/0000826154-23-000123-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"Net income of $9.8 million"},{"label":"EPS","value":"diluted earnings per share of $0.94"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}