ORRFMEDIUM SIGNALFINANCIAL10-K

Orrstown Financial Services demonstrates solid operational performance with growing net interest income and strengthened equity position, while significantly increasing shareholder returns through higher dividend payments.

The company shows healthy fundamental growth with net interest income expanding 22% year-over-year, indicating successful loan portfolio management and favorable interest rate positioning. The substantial increase in dividend payments reflects management's confidence in earnings sustainability and commitment to returning capital to shareholders, supported by a 14.5% increase in stockholders' equity to $591.5 million.

Comparing 2026-03-12 vs 2025-03-31View on EDGAR →
FINANCIAL ANALYSIS

Orrstown's financial performance shows broad-based improvement with revenue growing 36% and net interest income expanding meaningfully by 22%, demonstrating effective core banking operations. The company's balance sheet strengthened with stockholders' equity rising to $591.5 million, while management notably increased dividend distributions, reflecting both improved profitability and confidence in the business outlook. The overall financial picture signals a regional bank successfully navigating the interest rate environment while maintaining strong capital levels and enhancing shareholder returns.

FINANCIAL STATEMENT CHANGES
Dividends Paid
Cash Flow
+56.7%
$13.2M$20.6M

Dividend payments increased 56.7% — management confidence in sustained cash generation.

Revenue
P&L
+36%
$27.3M$37.1M

Strong top-line growth of 36% — accelerating demand or successful expansion into new markets.

Net Interest Income
P&L
+22%
$248.9M$303.7M

Net interest income grew 22% — benefiting from rate environment or loan book expansion.

Stockholders Equity
Balance Sheet
+14.5%
$516.7M$591.5M

Equity base grew 14.5% — retained earnings accumulation or equity issuance strengthening the balance sheet.

LANGUAGE CHANGES
NEW — 2026-03-12
PRIOR — 2025-03-31
ADDED
Term Definition ACL Allowance for credit losses AFS Available-for-sale AOCI Accumulated other comprehensive income (loss) ASC Accounting Standards Codification ASU Accounting Standards Update ATM Automated teller machine Bank Orrstown Bank, the commercial banking subsidiary of Orrstown Financial Services, Inc.
The Company s principal executive offices are located at 4750 Lindle Road, Harrisburg, Pennsylvania, 17111.
At December 31, 2025, the Company had total assets of $5.5 billion, total deposits of $4.5 billion and total shareholders equity of $591.5 million.
At December 31, 2025, approximately 67% of our workforce was female and 33% was male.
Its 17 executive officers are employees of the Bank, who represent a mix of newer and more seasoned employees with significant and diverse experience and have an average tenure of 11 years with the Company.
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REMOVED
Term Definition ACL Allowance for credit losses ALL Allowance for loan losses AFS Available-for-sale AOCI Accumulated other comprehensive income (loss) ASC Accounting Standards Codification ASU Accounting Standards Update Bank Orrstown Bank, the commercial banking subsidiary of Orrstown Financial Services, Inc.
Stock Incentive Plan PCD loans Purchased credit deteriorated loans PCI loans Purchased credit impaired loans PPP Paycheck Protection Program Repurchase Agreements Securities sold under agreements to repurchase ROU Right of use (leases) SBA U.S.
("Codorus Valley") are not realized when expected or at all; and other risks and uncertainties.
The Company s principal executive offices are located at 4750 Lindle Road, Harrisburg, Pennsylvania, 17111, with additional executive and administrative offices at 77 East King Street, Shippensburg, Pennsylvania and 105 Leader Heights Road, York, Pennsylvania.
At December 31, 2024, the Company had total assets of $5.4 billion, total deposits of $4.6 billion and total shareholders equity of $516.7 million.
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