← Home
📢 Press Releases
| Date | Press release |
|---|---|
| 2026-06-02 08:00:00 | Adam L. Metz Named President And Chief Executive Officer At Orrstown Bank Harrisburg, pa., june 02, 2026 (globe newswire) -- orrstown bank (the “bank”), a wholly owned subsidiary of orrstown financial services, inc. (nasdaq: orrf) (the “company”), today announced that adam l. |
| 2026-01-27 16:17:00 | Orrstown Financial Services, Inc. Reports Fourth Quarter 2025 Results And Announces Dividend Increase Net income of $21.5 million, or $1.11 per diluted earnings per share, for the three months ended december 31, 2025 compared to net income of $21.9 million, or $1.13 per diluted earnings per share, for the three months ended september 30, 2025; net income of $80.9 million and diluted earnings per share of $4.18 for the year ended december 31, 2025 compared to net income of $22.1 million and diluted earnings per share of $1.48 for the year ended december 31, 2024; adjusted net income and diluted earnings per share totaled $82.9 million(1) and $4.28(1), respectively, for the year ended december 31, 2025 compared to $56.1 million(1) and $3.76(1), respectively, for the year ended december 31, 2024 (excluding certain previously disclosed non-recurring expenses for both periods); return on average assets was 1.55% and return on average equity was 14.73% for the three months ended december 31, 2025, compared to 1.60% and 15.72%, respectively, for the three months ended september 30, 2025; net interest margin, on a tax equivalent basis, was 4.00% in the fourth quarter of 2025 compared to 4.11% in the third quarter of 2025; the net accretion impact of purchase accounting marks was 46 basis points in the fourth quarter of 2025 compared to 52 basis points in the third quarter of 2025; total loans increased by $41.0 million, or approximately 4% annualized, from september 30, 2025 to december 31, 2025; classified loans decreased by $5.7 million from $64.1 million at september 30, 2025 to $58.4 million at december 31, 2025; noninterest income increased by $1.0 million from $13.4 million for the three months ended september 30, 2025 to $14.4 million for the three months ended december 31, 2025; increase driven by wealth management and swap fee growth; noninterest expenses increased by $1.1 million from $36.3 million for the three months ended september 30, 2025 to $37.4 million for the three months ended december 31, 2025 due primarily to increased health care and professional service costs; tangible common equity increased to 9.0% at december 31, 2025 from 8.8% at september 30, 2025; tangible book value per common share(1) increased to $25.21 per share at december 31, 2025 from $24.12 per share at september 30, 2025 and the board of directors declared a cash dividend of $0.30 per common share, payable february 17, 2026, to shareholders of record as of february 10, 2026; this represents a $0.03 per share increase in the company’s quarterly cash dividend. (1) non-gaap measure. |
| 2026-01-06 16:37:00 | Orrstown Financial Advisors Welcomes Matthew Alpert As Chief Wealth Officer Harrisburg, pa., jan. 06, 2026 (globe newswire) -- orrstown financial advisors (ofa), a division of orrstown bank, is pleased to announce that matthew alpert joined the firm as executive vice president, chief wealth officer, effective january 5, 2026. in this role, mr. alpert will lead ofa’s wealth management and trust operations, driving strategic growth and delivering exceptional wealth services to clients. |
| 2025-10-21 16:05:00 | Orrstown Financial Services, Inc. Reports Third Quarter 2025 Results Net income of $21.9 million, or $1.13 per diluted share, for the three months ended september 30, 2025 compared to net income of $19.4 million, or $1.01 per diluted share, for the three months ended june 30, 2025; excluding the impact of $1.0 million in merger-related expenses, net of taxes, net income and diluted earnings per share for the second quarter of 2025 were $20.2 million(1) and $1.04(1), respectively; return on average assets was 1.60% and return on average equity was 15.72% for the three months ended september 30, 2025, compared to 1.45% and 14.56% for the return on average assets and return on average equity, respectively, for the three months ended june 30, 2025; excluding the impact of the merger-related expenses referenced above, net of taxes, adjusted return on average assets and adjusted return on average equity were 1.51%(1) and 15.12%(1), respectively, for the three months ended june 30, 2025; net interest margin, on a tax equivalent basis, was 4.11% in the third quarter of 2025 compared to 4.07% in the second quarter of 2025; the net accretion of purchase accounting marks positively impacted the margin by 52 basis points in the third quarter of 2025 compared to 50 basis points in the second quarter of 2025; loans increased by $48.4 million, or approximately 5% annualized, from june 30, 2025 to september 30, 2025; classified loans decreased by $1.7 million from $65.8 million at june 30, 2025 to $64.1 million at september 30, 2025; subordinated notes of $32.5 million were redeemed on september 30, 2025; as a result of the redemption, the company amortized the remaining debt issuance costs of $0.3 million; noninterest income increased by $0.5 million from $12.9 million for the three months ended june 30, 2025 to $13.4 million for the three months ended september 30, 2025; noninterest expenses decreased by $1.3 million from $37.6 million for the three months ended june 30, 2025 to $36.3 million for the three months ended september 30, 2025; no merger-related expenses were incurred during the third quarter of 2025; efficiency ratio decreased from 60.3% for the three months ended june 30, 2025 to 56.4% for the three months ended september 30, 2025; tangible common equity increased to 8.8% at september 30, 2025 compared to 8.3% at june 30, 2025; tangible book value per common share(1) increased to $24.12 per share at september 30, 2025 compared to $22.77 per share at june 30, 2025; the board of directors declared a cash dividend of $0.27 per common share, payable november 12, 2025, to shareholders of record as of november 5, 2025. (1) non-gaap measure. |
| 2025-10-15 16:05:00 | Orrstown Financial Services, Inc. Announces Date Of Third Quarter 2025 Earnings Release, Conference Call And Webcast Harrisburg, pa. , oct. 15, 2025 (globe newswire) -- orrstown financial services, inc. (nasdaq: orrf), the holding company of orrstown bank, announced today that it will report third quarter 2025 earnings at the close of business on tuesday, october 21, 2025. management will host a conference call and webcast to review the company’s quarterly results on wednesday, october 22, 2025, at 9:00 am et. |
| 2025-07-22 16:12:00 |
|
| 2025-07-15 16:05:00 |
|
| 2025-06-23 08:30:00 |
|
| 2025-06-05 17:33:00 |
|
| 2025-04-22 16:02:00 |
|
| 2025-04-17 16:09:00 |
|
| 2025-02-13 16:30:00 |
|
| 2025-02-03 16:19:00 |
|
| 2025-01-31 07:22:00 |
|
| 2025-01-16 19:03:00 |
|
📰 Browse additional press releases for Orrstown Financial Services!
Sign up for free or log in📖 Get insights from "The Checklist Value Investor — A Smarter Way to Pick Stocks" now!