{"schema_version":"secwatch.filing_event.v1","accession":"0000826154-24-000068","form_type":"8-K","ticker":"ORRF","cik":"0000826154","company_name":"ORRSTOWN FINANCIAL SERVICES INC","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.089518+00:00","generated_at":"2026-06-03T13:06:27.073304+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 Q1 EPS $0.81 ($0.88 adjusted); nonaccrual loans halved to $12.9M; deposits up $137M","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)."],"urls":{"canonical":"https://secwatch.observer/filing/0000826154-24-000068","json":"https://secwatch.observer/filing/0000826154-24-000068.json","markdown":"https://secwatch.observer/filing/0000826154-24-000068.md","text":"https://secwatch.observer/filing/0000826154-24-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/826154/000082615424000068/0000826154-24-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/826154/000082615424000068/orrf-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T13:06:27.073304+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":"d5e2f5b3c69ffc567af94986c21f7ca819705b62","claim":"ORRSTOWN FINANCIAL SERVICES INC reported three months ended March 31, 2024 results: net income $8.5 million, EPS $0.81.","evidence_excerpt":"Net income totaled $8.5 million for the three months ended March 31, 2024, compared to $7.6 million for the three months ended December 31, 2023 and $9.2 million for the three months ended March 31, 2023. Diluted earnings per share totaled $0.81 for the three months ended March 31, 2024, compared to $0.73 for the three months ended December 31, 2023 and $0.87 for the three months ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/826154/000082615424000068/0000826154-24-000068-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Net income","value":"$8.5 million"},{"label":"EPS","value":"$0.81"},{"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"}