Orrstown Q1 earnings up 20% to $21.8M; inflation surge to 4.5% pressures margins

Filed May 8, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 9, 2025 · ~2 min read

Key Changes

• high

  Net income rose 20% to $21.8 million ($1.12 per share) in Q1 2026 from $18.1 million ($0.93) in Q1 2025, driven by higher noninterest income and lower expenses as merger integration costs ended.

  MD&A: Net Income verify on EDGAR →
• high

  Net interest margin compressed 10 basis points to 3.90% from 4.00% as purchase-accounting accretion declined to $4.7 million from $6.9 million and earning-asset yields fell 26 basis points, partially offset by 20-basis-point drop in funding costs.

  MD&A: Net Interest Margin verify on EDGAR →
• high

  PCE inflation nearly doubled to 4.5% in Q1 2026 from 2.3% in Q1 2025, driven by tariff pass-through costs, Middle East geopolitical conflict pushing energy prices, and rising service-sector costs—reversing prior disinflationary trend.

  MD&A: Economic Environment verify on EDGAR →