Orrstown redeems $31M sub notes due 2030; discloses third-party vendor cyber incident affecting customers

ORRSTOWN FINANCIAL SERVICES INC

Redemption of $31M 4.5% Fixed-to-Floating Rate Subordinated Notes due 2030 on June 30, 2026, at 100% of principal plus accrued interest. Rate at Mar 31, 2026: 7.72%.
Cybersecurity incident at third-party vendor gained unauthorized access to sensitive personal information of certain customers.
Company's own systems not accessed; no indication of information misuse yet. Impacted customers offered credit monitoring.
Company does not expect material impact on operations, financial condition, or results.

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