Orrstown Q2 FY26 net income falls 2.75% to $21.2 million; net interest margin narrows 3 bps to 3.87%

Reuters2026/07/21 20:10

By:Reuters

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Orrstown posted Q2 net income of $21.2 million, down 2.8% from Q1; diluted EPS slipped to $1.09 from $1.12.
Net interest margin narrowed 3 bps to 3.87%; excluding a $1.6 million fair value mark amortization, margin was 4.00%.
Noninterest income fell 11.5% to $13.8 million versus Q1, reflecting $2.4 million of life insurance death benefits booked in Q1.
Loans held for investment rose $51.7 million from March 31 to $4.1 billion; nonaccrual loans dropped to 0.58% of total loans from 0.74%.
Redeemed $31 million of fixed-to-floating rate subordinated notes on June 30; board declared a $0.30 quarterly dividend payable Aug. 11.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orrstown Financial Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607211605PRIMZONEFULLFEED9765835) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Orrstown Q2 FY26 net income falls 2.75% to $21.2 million; net interest margin narrows 3 bps to 3.87%

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