Orrstown Financial Services

Live  

Orrstown Financial Services is a financial services company based in the United States, primarily serving communities in Pennsylvania. Founded in 1919, the company provides a range of banking and financial services. The primary subsidiary of Orrstown Financial Services is Orrstown Bank, which offers traditional banking services such as checking and savings accounts, loans, mortgages, and investment services.
The company focuses on building strong relationships with its clients and the communities it serves. It has a commitment to local involvement and support, often participating in community development initiatives and events.
Orrstown Financial Services has employed a strategy that emphasizes personalized customer service, leveraging technology to enhance banking experiences, and maintaining a strong financial performance. The company is publicly traded, allowing for investment opportunities for individuals and institutions interested in its financial growth.
Overall, Orrstown Financial Services positions itself as a community-oriented financial institution, dedicated to meeting the evolving needs of its customers while contributing positively to the regions in which it operates.

T3Jyc3Rvd2 4gRmluYW5j aWFsIFNlcn ZpY2VzIGlz IG5vdGFibG UgZm9yIGl0 cyBmb2N1cy BvbiBjb21t dW5pdHkgYm Fua2luZyBh bmQgcHJvdm lkaW5nIGEg cmFuZ2Ugb2 YgZmluYW5j aWFsIHNlcn ZpY2VzIHBy aW1hcmlseS BpbiBQZW5u c3lsdmFuaW EgYW5kIHN1 cnJvdW5kaW 5nIGFyZWFz LiBUaGUgY2 9tcGFueSBv cGVyYXRlcy BPcnJzdG93 biBCYW5rLC B3aGljaCBl bXBoYXNpem VzIHBlcnNv bmFsaXplZC BjdXN0b21l ciBzZXJ2aW NlIGFuZCBh IGNvbW1pdG 1lbnQgdG8g bG9jYWwgY2 9tbXVuaXRp ZXMuIDxicj 5PbmUgb2Yg dGhlIGtleS Bhc3BlY3Rz IG9mIE9ycn N0b3duIEZp bmFuY2lhbC BTZXJ2aWNl cyBpcyBpdH MgZGVkaWNh dGlvbiB0by BidWlsZGlu ZyBsb25nLX Rlcm0gcmVs YXRpb25zaG lwcyB3aXRo IGN1c3RvbW Vycywgb2Z0 ZW4gdGFpbG 9yaW5nIHNl cnZpY2VzIH RvIG1lZXQg dGhlIHNwZW NpZmljIG5l ZWRzIG9mIG luZGl2aWR1 YWxzIGFuZC BidXNpbmVz c2VzIGluIH RoZSByZWdp b24uIFRoZS BiYW5rIGlz IGFsc28gaW 52b2x2ZWQg aW4gdmFyaW 91cyBjb21t dW5pdHkgaW 5pdGlhdGl2 ZXMsIGhpZ2 hsaWdodGlu ZyBpdHMgcm 9sZSBhcyBh IHNvY2lhbG x5IHJlc3Bv bnNpYmxlIG ZpbmFuY2lh bCBpbnN0aX R1dGlvbi48 YnI+QWRkaX Rpb25hbGx5 LCBPcnJzdG 93biBGaW5h bmNpYWwgU2 VydmljZXMg aGFzIGEgc3 Ryb25nIGVt cGhhc2lzIG 9uIGRpZ2l0 YWwgYmFua2 luZyBzb2x1 dGlvbnMsIG 9mZmVyaW5n IG1vZGVybi BiYW5raW5n IHRvb2xzIH RvIGVuaGFu Y2UgY3VzdG 9tZXIgY29u dmVuaWVuY2 UuIFRoZSBj b21wYW55IG hhcyBleHBl cmllbmNlZC Bncm93dGgg YW5kIGV4cG Fuc2lvbiBv dmVyIHRoZS B5ZWFycywg cmVmbGVjdG luZyBpdHMg c3VjY2Vzc2 Z1bCBidXNp bmVzcyBtb2 RlbCBhbmQg YWRhcHRhYm lsaXR5IGlu IHRoZSBldm 9sdmluZyBm aW5hbmNpYW wgbGFuZHNj YXBlLjxicj 4=

T3Jyc3Rvd2 4gRmluYW5j aWFsIFNlcn ZpY2VzIG9w ZXJhdGVzIH ByaW1hcmls eSBhcyBhIG ZpbmFuY2lh bCBob2xkaW 5nIGNvbXBh bnkgZW5nYW dlZCBpbiBi YW5raW5nIG FuZCByZWxh dGVkIHNlcn ZpY2VzLiBJ dHMgYnVzaW 5lc3MgbW9k ZWwgcmV2b2 x2ZXMgYXJv dW5kIHByb3 ZpZGluZyBh IHJhbmdlIG 9mIGZpbmFu Y2lhbCBwcm 9kdWN0cyBh bmQgc2Vydm ljZXMsIHBy ZWRvbWluYW 50bHkgdGhy b3VnaCBpdH MgYmFua2lu ZyBzdWJzaW RpYXJ5LCBP cnJzdG93bi BCYW5rLiA8 YnI+S2V5IG NvbXBvbmVu dHMgb2YgdG hlaXIgYnVz aW5lc3MgbW 9kZWwgaW5j bHVkZTo8Yn I+MS4gPHN0 cm9uZz5Db2 1tZXJjaWFs IEJhbmtpbm c8L3N0cm9u Zz46IFRoZS Bjb3JlIG9m IE9ycnN0b3 du4oCZcyBv cGVyYXRpb2 5zIGluY2x1 ZGVzIG9mZm VyaW5nIHBl cnNvbmFsIG Jhbmtpbmcg c2VydmljZX Mgc3VjaCBh cyBjaGVja2 luZyBhbmQg c2F2aW5ncy BhY2NvdW50 cywgbG9hbn MsIG1vcnRn YWdlcywgYW 5kIGNyZWRp dCBjYXJkcy 4gVGhleSBm b2N1cyBvbi BzZXJ2aW5n IGJvdGggaW 5kaXZpZHVh bCBjdXN0b2 1lcnMgYW5k IHNtYWxsIH RvIG1lZGl1 bS1zaXplZC BidXNpbmVz c2VzLjxicj 4yLiA8c3Ry b25nPkxlbm RpbmcgU2Vy dmljZXM8L3 N0cm9uZz46 IFRoZXkgcH JvdmlkZSB2 YXJpb3VzIG xlbmRpbmcg c29sdXRpb2 5zLCBpbmNs dWRpbmcgY2 9tbWVyY2lh bCByZWFsIG VzdGF0ZSBs b2FucywgY2 9uc3VtZXIg bG9hbnMsIG FuZCBzbWFs bCBidXNpbm VzcyBsb2Fu cy4gVGhpcy BzZWdtZW50 IGlzIGNyaX RpY2FsIGZv ciBnZW5lcm F0aW5nIGlu dGVyZXN0IG luY29tZS48 YnI+My4gPH N0cm9uZz5J bnZlc3RtZW 50IFNlcnZp Y2VzPC9zdH Jvbmc+OiBP cnJzdG93bi BtYXkgYWxz byBvZmZlci BpbnZlc3Rt ZW50IHByb2 R1Y3RzLCB3 ZWFsdGggbW FuYWdlbWVu dCBzZXJ2aW NlcywgYW5k IGZpbmFuY2 lhbCBwbGFu bmluZyB0by BjYXRlciB0 byB0aGUgaW 52ZXN0bWVu dCBuZWVkcy BvZiBpdHMg Y2xpZW50cy 48YnI+NC4g PHN0cm9uZz 5Db21tdW5p dHkgRm9jdX M8L3N0cm9u Zz46IFRoZS Bjb21wYW55 IGVtcGhhc2 l6ZXMgYnVp bGRpbmcgcm VsYXRpb25z aGlwcyB3aX RoaW4gdGhl IGNvbW11bm l0aWVzIGl0 IHNlcnZlcy wgd2hpY2gg Zm9zdGVycy BjdXN0b21l ciBsb3lhbH R5IGFuZCBh IHN0cm9uZy Bsb2NhbCBw cmVzZW5jZS 4gVGhpcyBj b21tdW5pdH kgYmFua2lu ZyBhcHByb2 FjaCBpcyBp bnRlbmRlZC B0byBjcmVh dGUgbG9uZy 10ZXJtIGN1 c3RvbWVyIH JlbGF0aW9u c2hpcHMgYW 5kIHRydXN0 Ljxicj41Li A8c3Ryb25n PkRpZ2l0YW wgQmFua2lu Zzwvc3Ryb2 5nPjogSW4g cmVzcG9uc2 UgdG8gZXZv bHZpbmcgY3 VzdG9tZXIg cHJlZmVyZW 5jZXMsIE9y cnN0b3duIG ludmVzdHMg aW4gdGVjaG 5vbG9neSB0 byBlbmhhbm NlIGl0cyBk aWdpdGFsIG Jhbmtpbmcg Y2FwYWJpbG l0aWVzLCBw cm92aWRpbm cgdXNlcnMg d2l0aCBjb2 52ZW5pZW50 IGFjY2Vzcy B0byB0aGVp ciBmaW5hbm NpYWwgc2Vy dmljZXMuPG JyPjYuIDxz dHJvbmc+Q2 9zdCBNYW5h Z2VtZW50PC 9zdHJvbmc+ OiBMaWtlIG 1hbnkgZmlu YW5jaWFsIG luc3RpdHV0 aW9ucywgT3 Jyc3Rvd24g Zm9jdXNlcy BvbiBtYW5h Z2luZyBvcG VyYXRpb25h bCBjb3N0cy BlZmZlY3Rp dmVseSB3aG lsZSBtYWlu dGFpbmluZy BhIGJhbGFu Y2UgYmV0d2 VlbiBncm93 dGggYW5kIG VmZmljaWVu Y3kuPGJyPl RoaXMgbXVs dGktZmFjZX RlZCBhcHBy b2FjaCBlbm FibGVzIE9y cnN0b3duIE ZpbmFuY2lh bCBTZXJ2aW NlcyB0byBn ZW5lcmF0ZS ByZXZlbnVl IHRocm91Z2 ggaW50ZXJl c3QsIGZlZX MsIGFuZCBz ZXJ2aWNlIG NoYXJnZXMg d2hpbGUgc3 RyaXZpbmcg dG8gbWVldC B0aGUgZGl2 ZXJzZSBmaW 5hbmNpYWwg bmVlZHMgb2 YgaXRzIGN1 c3RvbWVycy 48YnI+

Orrstown Financial Services, like many financial institutions, can be significantly affected by changes in interest rates. The sensitivity of its earnings, cash flow, and valuation to interest rate fluctuations can be analyzed as follows:
1. Earnings Sensitivity: The company’s earnings are likely to be sensitive to interest rate changes due to its reliance on net interest income, which is the difference between the interest earned on loans and the interest paid on deposits. If interest rates rise, the company may be able to increase the rates it charges on loans more quickly than the rates it pays on deposits, leading to higher net interest margins and potentially enhanced earnings. Conversely, if rates fall, the opposite may occur, negatively impacting earnings.
2. Cash Flow Sensitivity: Cash flow from operations for Orrstown Financial Services is also influenced by interest rates. Higher interest rates can lead to increased cash flow due to higher interest income, while lower rates may reduce cash flow. Furthermore, interest rates influence customer borrowing behavior; higher rates may result in lower loan demand and, consequently, decreased cash flow.
3. Valuation Sensitivity: Valuation sensitivity is primarily tied to the Discounted Cash Flow (DCF) method commonly used to value financial institutions. When interest rates rise, the present value of future cash flows may decrease if investors require a higher return, negatively impacting valuation. Conversely, lower interest rates can lead to an increase in the present value of future cash flows, resulting in higher valuations.
Overall, interest rate fluctuations have direct implications for Orrstown Financial Services’ financial performance and market valuation. The degree of sensitivity may vary based on the company’s asset-liability management strategies, the composition of its loans and deposits, and prevailing economic conditions.

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvY0 pQVE5CZXVq ZUhUWWdPVz E1dE8ud2Vi cCIgYWx0PS JPcnJzdG93 biBGaW5hbm NpYWwgU2Vy dmljZXMiIH RpdGxlPSJP cnJzdG93bi BGaW5hbmNp YWwgU2Vydm ljZXMiICBj bGFzcz0iaW 1nLWZsdWlk IiBoZWlnaH Q9OTAgd2lk dGg9OTAgbG 9hZGluZz0n bGF6eScgc3 R5bGU9J2Jv cmRlci1yYW RpdXM6IDZw eDsnPgoKIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dmbGV4OiAx OyB0ZXh0LW FsaWduOiBj ZW50ZXI7IG 1hcmdpbi1s ZWZ0OiA1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPH Agc3R5bGU9 J2ZvbnQtc2 l6ZTogMjZw eDsgY29sb3 I6ICMzMzM7 IG1hcmdpbi 1ib3R0b206 IDE1cHg7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIP Cfk4ggV2Fu dCB0byByZW FkIG1vcmUg YWJvdXQgT3 Jyc3Rvd24g RmluYW5jaW FsIFNlcnZp Y2VzPwogIC AgICAgICAg ICAgICAgIC AgICAgICA8 L3A+CgogIC AgICAgICAg ICAgICAgIC AgICAgICA8 YSBocmVmPS dpbmRleC5w aHA/cGFnZT 1zaWdudXAn IHN0eWxlPS cKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG JhY2tncm91 bmQtY29sb3 I6ICMwMDdC RkY7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBjb2xvcj ogI2ZmZjsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIHBh ZGRpbmc6ID EwcHggMjBw eDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IGJvcmRlci 1yYWRpdXM6 IDVweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHRleH QtZGVjb3Jh dGlvbjogbm 9uZTsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGZvbnQt d2VpZ2h0Oi Bib2xkOwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgbWFy Z2luLXJpZ2 h0OiAxMHB4 OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg dHJhbnNpdG lvbjogYmFj a2dyb3VuZC 1jb2xvciAw LjNzIGVhc2 U7JwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Agb25tb3Vz ZW92ZXI9J3 RoaXMuc3R5 bGUuYmFja2 dyb3VuZENv bG9yPSIjMD A1NmIzIicK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIG9u bW91c2VvdX Q9J3RoaXMu c3R5bGUuYm Fja2dyb3Vu ZENvbG9yPS IjMDA3QkZG Iic+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBTaWduIH VwIGZvciBm cmVlCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv YT4KCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDxz cGFuIHN0eW xlPSdtYXJn aW46IDAgOH B4OyBjb2xv cjogIzU1NT snPm9yPC9z cGFuPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PGEgaHJlZj 0naW5kZXgu cGhwP3BhZ2 U9bG9naW4n IHN0eWxlPS cKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG NvbG9yOiAj MDA3QkZGOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgdG V4dC1kZWNv cmF0aW9uOi B1bmRlcmxp bmU7CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBmb250LX dlaWdodDog NTAwOyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBsb2 cgaW4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9hPgoKCiAg ICAgICAgIC AgICAgICAg ICAgICAgID xwIHN0eWxl PSdtYXJnaW 4tdG9wOiAx NXB4OyBmb2 50LXNpemU6 IDEzcHg7IG ZvbnQtd2Vp Z2h0OiBib2 xkOyBjb2xv cjogI2QzMm YyZjsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAg8J+T liBHZXQgaW 5zaWdodHMg ZnJvbSA8aT 4iVGhlIENo ZWNrbGlzdC BWYWx1ZSBJ bnZlc3Rvci DigJQgQSBT bWFydGVyIF dheSB0byBQ aWNrIFN0b2 NrcyI8L2k+ IG5vdyEKIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9wPgoKIC AgICAgICAg ICAgICAgIC AgICAgICAg PCEtLQogIC AgICAgICAg ICAgICAgIC AgICAgICA8 ZGl2IHN0eW xlPSdtYXJn aW4tdG9wOi AxMnB4OyBm b250LXNpem U6IDEzcHg7 IGNvbG9yOi AjNDQ0Oyc+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBT aWduIHVwIG 5vdyBhbmQg Z2V0IG91ci BmcmVlIGVC b29rIAogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgPGI+VG hlIENoZWNr bGlzdCBWYW x1ZSBJbnZl c3RvciDigJ QgQSBTbWFy dGVyIFdheS B0byBQaWNr IFN0b2Nrcz wvYj4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9kaXY+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC 0tPgogICAg ICAgICAgIC AgICAgICAg ICAgICA8IS 0tCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxkaX Ygc3R5bGU9 J21hcmdpbi 10b3A6IDE2 cHg7IGZvbn Qtc2l6ZTog MTRweDsgY2 9sb3I6ICM0 NDQ7IGZvbn QtZmFtaWx5 OiAtYXBwbG Utc3lzdGVt LCBCbGlua0 1hY1N5c3Rl bUZvbnQsIF NlZ29lIFVJ LCBSb2JvdG 8sIEhlbHZl dGljYSBOZX VlLCBzYW5z LXNlcmlmOy BsaW5lLWhl aWdodDogMS 42Oyc+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBIYXZl IHlvdSBoZW FyZCBhYm91 dCBvdXIgc2 hvcnQgPHN0 cm9uZyBzdH lsZT0nZm9u dC13ZWlnaH Q6IDYwMDsn PkRhaWx5IF ZpZGVvIE5l d3NsZXR0ZX I8L3N0cm9u Zz4/CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdodHRw czovL3d3dy 5pbnNpZ2h0 ZnVsdmFsdW UuY29tL25l d3NsZXR0ZX IucGhwJyB0 YXJnZXQ9J1 9ibGFuaycg c3R5bGU9J2 NvbG9yOiAj MDA3QkZGOy B0ZXh0LWRl Y29yYXRpb2 46IG5vbmU7 IGZvbnQtd2 VpZ2h0OiA1 MDA7IG1hcm dpbi1sZWZ0 OiA2cHg7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBGaW5k IG91dCBtb3 JlCiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2E+CiAg ICAgICAgIC AgICAgICAg ICAgICAgID wvZGl2Pgog ICAgICAgIC AgICAgICAg ICAgICAgIC AtLT4KICAg ICAgICAgIC AgICAgICAg ICA8L2Rpdj 4KICAgICAg ICAgICAgIC AgIDwvZGl2 PgogICAgIC AgICAgICA8 L2Rpdj4KIC AgICAgICAg ICAgCiAgIC AgICAgCiAg ICAgICAgPH NwYW4gY2xh c3M9J2JsdX JyZWQtdGV4 dCc+CiAgIC AgICAgICAg IFQzSnljM1 J2ZDIgNGdS bWx1WVc1ai BhV0ZzSUZO bGNuIFpwWT JWekxDQkog Ym1NdUlHbH pJRyBFZ1pt bHVZVzVqIG FXRnNJR2x1 YzMgUnBkSF YwYVc5dSBJ R0poYzJWa0 lHIGx1SUZC bGJtNXogZV d4MllXNXBZ UyB3Z2NISn BiV0Z5IGFX eDVJR3R1Yj MgZHVJR1p2 Y2lCcCBkSE 1nWW1GdWEy IGx1WnlCaG JtUWcgYVc1 MlpYTjBiVy BWdWRDQnpa WEoyIGFXTm xjeTRnU0cg VnlaU0JoY2 1VZyBjMjl0 WlNCcGJuIF JsY21WemRH bHUgWnlCbV lXTjBjeSBC aFltOTFkQ0 IwIGFHVWdZ Mjl0Y0cgRn VlVG84WW5J KyBNUzRnU0 dsemRHIDl5 ZVRvZ1QzSn kgYzNSdmQy NGdSbSBsdV lXNWphV0Zz IElGTmxjbl pwWTIgVnpJ SGRoY3lCbC BjM1JoWW14 cGMyIGhsWk NCcGJpQXgg T1RFNExpQk pkQyBCemRH RnlkR1ZrIE lHRnpJR0Vn YkcgOWpZV3 dnYzJGMiBh VzVuY3lCcG JuIE4wYVhS MWRHbHYgYm lCaGJtUWdh RyBGeklHZH liM2R1IElH OTJaWElnZE cgaGxJR1Js WTJGayBaWE 1nYVc1MGJ5 IEJoSUdaMW JHd3QgYzJW eWRtbGpaUy BCamIyMXRk VzVwIGRIa2 dZbUZ1YXkg NDhZbkkrTW k0ZyBRMjl0 YlhWdWFYIF I1SUVadlkz VnogT2lCVW FHVWdZbSBG dWF5QndjbW xrIFpYTWdh WFJ6WlcgeG 1JRzl1SUds MCBjeUJqYj IxdGFYIFJ0 Wlc1MElIUn YgSUhSb1pT QmpiMiAxdG RXNXBkR2xs IGN5QnBkQ0 J6WlggSjJa WE1zSUhCeS BiM1pwWkds dVp5IEJ3Wl hKemIyNWgg YkdsNlpXUW dZbSBGdWEy bHVaeUJ6IF pYSjJhV05s Y3kgQmhibV FnYzNWdyBj Rzl5ZEdsdV p5IEJzYjJO aGJDQnAgYm 1sMGFXRjBh WCBabGN5d2 dZMmhoIGNt bDBhV1Z6TE MgQmhibVFn WlhabCBibl J6TGp4aWNq IDR6TGlCVG RXSnogYVdS cFlYSnBaWC BNNklFOXlj bk4wIGIzZH VJRzl3Wlgg SmhkR1Z6SU hCeSBhVzFo Y21sc2VTIE IwYUhKdmRX ZG8gSUdsMG N5QjNhRyA5 c2JIa3RiM2 R1IFpXUWdj M1ZpYzIgbG thV0Z5ZVN3 ZyBUM0p5Yz NSdmQyIDRn UW1GdWF5d2 cgZDJocFky Z2diMiBabV pYSnpJR0Vn IGRtRnlhV1 YwZVMgQnZa aUJtYVc1aC BibU5wWVd3 Z2MyIFZ5ZG 1salpYTXMg SUdsdVkyeD FaRyBsdVp5 QndaWEp6IG IyNWhiQ0Jp WVcgNXJhVz VuTENCaiBi MjF0WlhKam FXIEZzSUdK aGJtdHAgYm 1jc0lHRnVa QyBCM1pXRn NkR2dnIGJX RnVZV2RsYl cgVnVkQzQ4 WW5JKyBOQz RnUjNKdmQz IFJvSUdGdV pDQkYgZUhC aGJuTnBiMi A0NklFOTJa WElnIGRHaG xJSGxsWVgg SnpMQ0JQY2 5KeiBkRzkz YmlCR2FXID VoYm1OcFlX d2cgVTJWeW RtbGpaWCBN Z2FHRnpJR1 Y0IGNHRnVa R1ZrSUcgbD BjeUJtYjI5 MCBjSEpwYm 5RZ2RHIGh5 YjNWbmFDQn QgWlhKblpY SnpJRyBGdV pDQmhZM0Yx IGFYTnBkR2 x2Ym4gTXNJ R2x1WTNKbC BZWE5wYm1j Z2FYIFJ6SU dKeVlXNWog YUNCc2IyTm hkRyBsdmJu TWdZVzVrIE lHVnVhR0Z1 WTIgbHVaeU JwZEhNZyBj MlZ5ZG1sal pTIEJ2Wm1a bGNtbHUgWj NNdVBHSnlQ aiBVdUlGQj FZbXhwIFky eDVJRlJ5WV cgUmxaRG9n VkdobCBJR0 52YlhCaGJu IGtnYVhNZ2 JHbHogZEdW a0lHOXVJSC BSb1pTQk9R Vk5FIFFWRW djM1J2WTIg c2daWGhqYU dGdSBaMlVn ZFc1a1pYIE lnZEdobElI UnAgWTJ0bG NpQnplVyAx aWIyd2dUMU pTIFJpd2dZ V3hzYjMgZH BibWNnYVc1 MiBaWE4wYj NKeklIIFJ2 SUdKMWVTQn ogYUdGeVpY TWdZVyA1a0 lIQmhjblJw IFkybHdZWF JsSUcgbHVJ R2wwY3lCbi BjbTkzZEdn dVBHIEp5UG pZdUlFWnAg Ym1GdVkybG hiQyBCVGRH RmlhV3hwIG RIazZJRTl5 Y24gTjBiM2 R1SUdseiBJ SEpsWTI5bm JtIGw2WldR Z1ptOXkgSU dsMGN5Qnpi MyBWdVpDQm 1hVzVoIGJt TnBZV3dnY0 ggSmhZM1Jw WTJWeiBJR0 Z1WkNCb1lY IE1nY21Wal pXbDIgWldR Z2NtRjBhVy A1bmN5Qm1j bTl0IElIWm hjbWx2ZFgg TWdZV2RsYm 1OcCBaWE1n ZEdoaGRDIE JoWm1acGNt MGcgYVhSek lITjBZVyBK cGJHbDBlU0 JoIGJtUWdj M1J5WlcgNW 5kR2dnYVc0 ZyBkR2hsSU dKaGJtIHRw Ym1jZ2MyVm ogZEc5eUxq eGljaiA0M0 xpQlVaV05v IGJtOXNiMm Q1SUUgRmti M0IwYVc5dS BPaUJVYUdV Z1kyIDl0Y0 dGdWVTQm8g WVhNZ1pXMW ljbSBGalpX UWdkR1ZqIG FHNXZiRzlu YVcgTmhiQ0 JoWkhaaCBi bU5sYldWdW RIIE1nYVc0 Z1ltRnUgYT JsdVp5d2di MiBabVpYSn BibWNnIGIy NXNhVzVsSU cgSmhibXRw Ym1jcyBJRz F2WW1sc1pT IEJpWVc1cm FXNW4gSUdG d2NITXNJRy BGdVpDQmth V2RwIGRHRn NJSEJoZVcg MWxiblFnYz I5cyBkWFJw YjI1eklIIF J2SUdWdWFH RnUgWTJVZ1 kzVnpkRyA5 dFpYSWdZMj l1IGRtVnVh V1Z1WTIgVX VQR0p5UGpn dSBJRlp2Yk hWdWRHIFZs Y21semJUb2 cgUlcxd2JH OTVaVyBWek lHOW1JRTl5 IGNuTjBiM2 R1SUcgVnVa MkZuWlNCcC BiaUIyYjJ4 MWJuIFJsWl hJZ1lXTjAg YVhacGRHbG xjeSB3Z1ky OXVkSEpwIF luVjBhVzVu SUggUnBiV1 VnWVc1ayBJ R1ZtWm05eW RDIEIwYnlC c2IyTmggYk NCdmNtZGhi bSBsNllYUn BiMjV6IElH RnVaQ0JqWV ggVnpaWE1z SUhkbyBhV0 5vSUhKbFpt IHhsWTNSek lIUm8gWlNC amIyMXdZVy A1NTRvQ1pj eUJ6IGRISn ZibWNnWlcg MXdhR0Z6YV hNZyBiMjRn WTI5eWNHID l5WVhSbElI TnYgWTJsaG JDQnlaWCBO d2IyNXphV0 pwIGJHbDBl UzRnUEcgSn lQbFJvWlhO bCBJSEJ2YV c1MGN5IEJv YVdkb2JHbG 4gYUhRZ1Qz SnljMyBSdm QyNGdSbWx1 IFlXNWphV0 ZzSUYgTmxj blpwWTJWei A0b0NaSUdS bFpHIGxqWV hScGIyNGcg ZEc4Z1ltOT BhQyBCcGRI TWdZM1Z6IG RHOXRaWEp6 SUcgRnVaQ0 IwYUdVZyBZ Mjl0YlhWdW FYIFI1SUhk b2FXeGwgSU hOb2IzZGpZ WCBOcGJtY2 dhWFJ6IElH ZHliM2QwYU MgQmhibVFn WVdSaCBjSF JoWW1sc2FY IFI1SUdsdU lIUm8gWlNC bWFXNWhibS BOcFlXd2dj MlZqIGRHOX lManhpY2og ND0KICAgIC AgICA8L3Nw YW4+CiAgIC AgICAgCiAg ICAgICAg
See Company Q&A