---
schema_version: "secwatch.filing_event.v1"
accession: "0000826154-23-000141"
form_type: "8-K"
ticker: "ORRF"
cik: "0000826154"
company_name: "ORRSTOWN FINANCIAL SERVICES INC"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T15:31:04.890695+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Orrstown Q3 net income $9.0M ($0.87 EPS); net interest margin 3.73%, loan growth 6% annualized

## Summary
- 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.

## SEC filing metadata
- accession: 0000826154-23-000141
- form_type: 8-K
- ticker: ORRF
- cik: 0000826154
- company_name: ORRSTOWN FINANCIAL SERVICES INC
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/826154/000082615423000141/0000826154-23-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826154/000082615423000141/orrf-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826154-23-000141
- JSON: https://secwatch.observer/filing/0000826154-23-000141.json
- Plain text: https://secwatch.observer/filing/0000826154-23-000141.txt

## Key facts
- Earnings Releases
  ORRSTOWN FINANCIAL SERVICES INC reported the three months ended September 30, 2023 results: net income Net income totaled $9.0 million, EPS Diluted earnings per share totaled $0.87.
  - Period: the three months ended September 30, 2023
  - Net income: Net income totaled $9.0 million
  - EPS: Diluted earnings per share totaled $0.87
  - Result: reported results
  source text: On October 24, 2023, Orrstown Financial Services, Inc. (the “Company”) issued a press release to report earnings for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/826154/000082615423000141/0000826154-23-000141-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.