secwatch.observer — SEC 8-K summary
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Issuer:     ORRSTOWN FINANCIAL SERVICES INC (ORRF)
CIK:        0000826154
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0000826154-25-000150
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orrstown Q2 net income $19.4M ($1.01 EPS); dividend raised to $0.27, share repurchase authorized
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- Net income $19.4M ($1.01 diluted EPS) vs $18.1M ($0.93) prior quarter; adjusted EPS $1.04.
- Net interest margin (tax-equiv) 4.07%, up 7 bp from Q1; loans grew 6% annualized ($55.4M).
- Deposits declined $117.1M to $4.5B; loan-to-deposit ratio rose to 87%.
- Dividend increased to $0.27/share (+$0.01) payable Aug 12; $500K share buyback authorized.
- Tangible book value $22.77 (up $0.78); tangible common equity ratio 8.3% vs 7.9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826154/000082615425000150/0000826154-25-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826154/000082615425000150/orrf-20250722.htm
  HTML page:      https://secwatch.observer/filing/0000826154-25-000150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer