Orrstown Financial reports Q2 net income of $21.2M, redeems $31M subordinated notes

Filed July 22, 2026 · Period ending July 21, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $21.2M ($1.09/share) down slightly from Q1's $21.8M ($1.12/share) but up from year-ago $19.4M ($1.01/share); ROA 1.53%, ROE 13.96%.

  Exhibit 99.1 view on EDGAR →
• high

  Redeemed $31M subordinated notes on June 30 at 7.72% rate; accelerated $1.6M fair value mark amortization compressed Q2 NIM to 3.87% (4.00% core); eliminates high-cost debt going forward.

  Exhibit 99.1 view on EDGAR →
• high

  Credit quality improved: nonaccrual loans down $6.2M to $23.8M (0.58% of loans vs. 0.74% prior quarter); classified loans down $8.4M to $49.2M on repayments.

  Exhibit 99.1 view on EDGAR →