{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-026395","form_type":"8-K","ticker":"ORRF","cik":"0000826154","company_name":"ORRSTOWN FINANCIAL SERVICES INC","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.795474+00:00","generated_at":"2026-05-15T04:59:35.033001+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Orrstown Q1 net income $21.8M ($1.12 EPS); deposits grow $98.7M, NIM down to 3.90%","bullets":["Net income $21.8M, diluted EPS $1.12 vs $1.11 Q4'25 and $0.93 Q1'25; ROAA 1.59%, ROAE 14.76%.","Net interest margin (tax-equiv) 3.90%, 10 bp decline from 4.00% in Q4 2025 due to lower loan yields.","Loans +$40.6M (4% annualized), deposits +$98.7M, borrowings -$68.0M; loan-to-deposit 88%.","Noninterest income $15.6M (+$1.2M QoQ) from $2.4M life insurance death benefits; expenses down $0.7M.","Cash dividend $0.30/share payable May 12, record May 5; tangible book value $25.76 (+2.2% QoQ)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-026395","json":"https://secwatch.observer/filing/0001628280-26-026395.json","markdown":"https://secwatch.observer/filing/0001628280-26-026395.md","text":"https://secwatch.observer/filing/0001628280-26-026395.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/826154/000162828026026395/0001628280-26-026395-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/826154/000162828026026395/orrf-20260421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:59:35.033001+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":"2833c03ba30bf0a6f690a1dc07a32a53e0180520","claim":"ORRSTOWN FINANCIAL SERVICES INC reported the quarter ended March 31, 2026 results: net income $21.8 million, EPS $1.12 per diluted share.","evidence_excerpt":"herein in its entirety by reference. --- EX-99.1 (EX-99.1) --- FOR IMMEDIATE RELEASE: Orrstown Financial Services, Inc. Reports First Quarter 2026 Results • Net income of $21.8 million, or $1.12 per diluted share, for the three months ended March 31, 2026 compared to net income of $21.5 million, or $1.11 per diluted share, for the three months ended December","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/826154/000162828026026395/0001628280-26-026395-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Net income","value":"$21.8 million"},{"label":"EPS","value":"$1.12 per diluted share"},{"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"}