secwatch.observer — SEC 8-K summary
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Issuer:     ORRSTOWN FINANCIAL SERVICES INC (ORRF)
CIK:        0000826154
Form:       8-K
Filed at:   2026-10-21T11:55:42+00:00
Accession:  0001628280-26-066606
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Orrstown Q3 2026 net income $22.8M, EPS $1.17; NIM rises 25 bp to 4.12%
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- Net income $22.8M, or $1.17 diluted EPS, vs $21.9M/$1.13 in Q3 2025 and $21.2M/$1.09 in Q2 2026.
- Tax-equivalent NIM 4.12%, up 25 bp QoQ from 3.87% (4.00% excluding Q2 subordinated-note fair-value amortization); net interest income $53.3M.
- Loans grew $95.3M, or 9% annualized, to $4.2B; deposits fell $38.1M (3% annualized); loan-to-deposit ratio 92% vs 89%.
- Efficiency ratio improved to 56.0% from 60.1%; classified loans fell 8% to $45.2M and nonaccrual loans/total loans eased to 0.54% from 0.58%.
- Board declared $0.30/share dividend payable Nov. 10, 2026 to holders of record Nov. 3; tangible book value fell to $25.96 from $26.71 on a $34.5M AOCI loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826154/000162828026066606/0001628280-26-066606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826154/000162828026066606/orrf-20261020.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-066606

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