Orrstown Financial Services, Inc. (ORRF)

ORRF Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	236.78	65.16	60.82	208.71	125.26	46.76
Investment Securities	321.49	335.97	348.29	338.69	328.11	322.62
Trading Asset Securities	14.47	11.38	10.66	1.17	1.36	0.1
Mortgage-Backed Securities	505.34	180.15	167.54	136.35	141.46	171.87
Total Investments	841.3	527.5	526.49	476.21	470.93	494.59
Gross Loans	3,981	2,298	2,151	1,980	1,980	1,644
Allowance for Loan Losses	-49.63	-28.7	-25.18	-21.18	-20.15	-14.66
Other Adjustments to Gross Loans	-	-0.07	-	-	-	-
Net Loans	3,932	2,270	2,126	1,959	1,960	1,630
Property, Plant & Equipment	63.51	40.22	38.6	44.56	43.84	46.75
Goodwill	70.66	18.72	18.72	18.72	18.72	19.93
Other Intangible Assets	46.14	2.41	3.08	4.18	5.46	7.18
Loans Held for Sale	3.56	5.82	10.88	8.87	11.73	9.36
Accrued Interest Receivable	20.56	13.63	11.03	8.23	8.93	6.04
Restricted Cash	-	-	-	-	-	9.2
Other Current Assets	-	-	2	0.32	1.1	10.09
Long-Term Deferred Tax Assets	38.52	22.02	24.03	11.65	12.93	11.98
Other Real Estate Owned & Foreclosed	-	-	-	-	-	0.2
Other Long-Term Assets	217.76	99.15	100.71	94.3	92.14	91.52
Total Assets	5,471	3,064	2,922	2,835	2,751	2,383
Interest Bearing Deposits	3,835	2,051	1,946	1,868	1,838	1,557
Institutional Deposits	-	76.41	36.52	44.02	61.94	69.08
Non-Interest Bearing Deposits	815.4	430.96	494.13	553.24	456.78	249.45
Total Deposits	4,651	2,559	2,476	2,465	2,357	1,876
Short-Term Borrowings	114.16	120.75	133.27	24.06	77.21	154.87
Current Portion of Leases	0.41	1.35	-	-	-	-
Accrued Interest Payable	-	2.56	0.46	0.15	0.24	0.88
Long-Term Debt	68.51	32.09	32.03	31.96	31.9	31.85
Federal Home Loan Bank Debt, Long-Term	40	40	1.46	1.9	2.32	63.07
Long-Term Leases	14.44	10.27	9.98	11.12	9.14	9.69
Pension & Post-Retirement Benefits	-	18.9	17.32	16.24	15.45	13.97
Other Long-Term Liabilities	66.01	14.45	22.77	12.55	11.18	10.19
Total Liabilities	4,954	2,799	2,694	2,563	2,504	2,160
Common Stock	1.03	0.58	0.58	0.59	0.59	0.58
Additional Paid-In Capital	422.18	189.03	189.26	189.69	189.07	188.37
Retained Earnings	117.31	117.67	92.47	78.7	54.1	35.25
Treasury Stock	-8.42	-13.75	-13.51	-1.77	-0.85	-0.47
Comprehensive Income & Other	-15.89	-28.48	-39.91	4.45	3.35	-0.48
Shareholders' Equity	516.21	265.06	228.9	271.66	246.25	223.25
Total Liabilities & Equity	5,471	3,064	2,922	2,835	2,751	2,383
Total Debt	237.52	204.46	176.73	69.04	120.57	259.47
Net Cash (Debt)	13.73	-127.92	-105.25	140.84	6.05	-212.6
Net Cash Growth	-	-	-	2229.09%	-	-
Net Cash Per Share	1.08	-12.26	-9.83	12.68	0.55	-20.22
Filing Date Shares Outstanding	19.39	10.71	10.73	11.14	11.25	11.26
Total Common Shares Outstanding	19.37	10.61	10.67	11.18	11.2	11.2
Book Value Per Share	26.65	24.98	21.45	24.29	21.98	19.93
Tangible Book Value	399.41	243.92	207.09	248.75	222.07	196.14
Tangible Book Value Per Share	20.62	22.98	19.41	22.24	19.83	17.51

Source: S&P Capital IQ. Banks template. Financial Sources.