secwatch.observer — SEC 8-K summary
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Issuer:     ORRSTOWN FINANCIAL SERVICES INC (ORRF)
CIK:        0000826154
Form:       8-K/A
Filed at:   2024-09-17T23:59:59+00:00
Accession:  0000826154-24-000207
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orrstown files pro forma financials for $234M merger with Codorus Valley, combined assets $5.4B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826154/000082615424000207/0000826154-24-000207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826154/000082615424000207/orrf-20240701.htm
  HTML page:      https://secwatch.observer/filing/0000826154-24-000207

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