Orrstown Financial Services, Inc. (FRA:OFR)

FRA:OFR Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	264.99	210.29	126.6	93.53	84.23	87.49
Interest Income on Investments	48.37	38.65	23.3	15.13	9.47	12.14
Total Interest Income	313.35	248.93	149.9	108.65	93.7	99.63
Interest Paid on Deposits	102.57	84.23	37.51	6.34	4.2	12.01
Interest Paid on Borrowings	10.24	9.45	7.48	2.69	2.52	4.01
Total Interest Expense	112.81	93.68	44.99	9.02	6.72	16.02
Net Interest Income	200.54	155.25	104.91	99.63	86.97	83.61
Net Interest Income Growth (YoY)	90.59%	47.99%	5.30%	14.55%	4.03%	20.65%
Trust Income	15.77	11.5	7.69	7.63	7.9	6.91
Mortgage Banking Activities	1.79	1.84	0.59	0.41	5.91	5.27
Gain (Loss) on Sale of Assets	-	-	1.1	-	-	2.8
Gain (Loss) on Sale of Investments	0.29	0.25	-0.05	-0.16	0.64	-0.02
Gain (Loss) on Sale of Equity Investments	-0.16	-0.16	-0.32	-0.27	-0.27	-0.3
Other Non-Interest Income	22.62	18.69	12.69	15.52	11.93	10.76
Total Non-Interest Income	48.17	37.44	25.65	26.95	29.15	28.31
Non-Interest Income Growth (YoY)	83.74%	45.93%	-4.82%	-7.55%	2.98%	0.09%
Revenues Before Loan Losses	248.72	192.69	130.56	126.58	116.13	111.92
Provision for Loan Losses	14.99	16.55	1.68	4.19	1.09	5.33
Revenue	233.72	176.14	128.88	122.39	115.04	106.59
Revenue Growth (YoY)	80.10%	36.68%	5.30%	6.40%	7.92%	10.25%
Salaries and Employee Benefits	82.67	67.86	48.63	45.85	42.05	41.26
Federal Deposit Insurance	3.32	2.68	1.96	1.08	0.82	0.69
Amortization of Goodwill & Intangibles	10.31	5.74	0.95	1.11	1.28	1.57
Selling, General & Administrative	39.09	36.89	22.84	22.98	21.45	20.88
Other Non-Interest Expense	15.75	11.72	8.41	8.6	8.54	8.16
Total Non-Interest Expense	154.67	124.89	82.78	79.62	74.14	72.56
EBT Excluding Unusual Items	79.05	51.25	46.09	42.77	40.9	34.03
Asset Writedown	-	-	-	-	-	-0.7
Legal Settlements	-0.48	-0.48	-	-13	-	-
Pretax Income	54.71	27.81	45.03	26.62	40.9	32.51
Income Tax Expense	11.43	5.76	9.37	4.58	8.01	6.05
Net Income	43.28	22.05	35.66	22.04	32.88	26.46
Net Income to Common	43.28	22.05	35.66	22.04	32.88	26.46
Net Income Growth	31.40%	-38.17%	61.83%	-32.98%	24.25%	56.36%
Basic Shares Outstanding	19	15	10	11	11	11
Diluted Shares Outstanding	19	15	10	11	11	11
Shares Change (YoY)	84.65%	42.92%	-2.53%	-3.60%	0.65%	4.95%
EPS (Basic)	2.26	1.49	3.45	2.09	3.00	2.42
EPS (Diluted)	2.24	1.48	3.42	2.06	2.96	2.40
EPS Growth	-28.88%	-56.73%	66.02%	-30.40%	23.33%	49.07%
Dividend Per Share	0.980	0.860	0.800	0.760	0.740	0.680
Dividend Growth	22.50%	7.50%	5.26%	2.70%	8.82%	13.33%
Effective Tax Rate	20.89%	20.70%	20.81%	17.20%	19.60%	18.60%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.