{"schema_version":"secwatch.filing_event.v1","accession":"0000826154-24-000182","form_type":"8-K","ticker":"ORRF","cik":"0000826154","company_name":"ORRSTOWN FINANCIAL SERVICES INC","filed_at":"2024-07-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.991394+00:00","generated_at":"2026-05-31T18:21:23.201255+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 $7.7M; raises dividend to $0.23; Codorus merger closed","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000826154-24-000182","json":"https://secwatch.observer/filing/0000826154-24-000182.json","markdown":"https://secwatch.observer/filing/0000826154-24-000182.md","text":"https://secwatch.observer/filing/0000826154-24-000182.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/826154/000082615424000182/0000826154-24-000182-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/826154/000082615424000182/orrf-20240723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T18:21:23.201255+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}