Orrstown Financial Services

Orrstown Bank, headquartered in Shippensburg, Pa., is a true local bank. Although Orrstown has the services and perks you’d find at a larger bank, it still has that personal touch.

We get to know our customers so we can provide solutions based on their unique situations. Our customers know they can count on us, and that’s important to us. We greet them by name, and we’re never too busy to take care of them.

At Orrstown, it’s personal.

We were established in 1919 in Orrstown, Pa., a small town less than an hour outside of Harrisburg. Until 1981, we only had one branch. Since then, we've grown to 22 locations and we’re planning to grow even more.

In 2009, we became a publicly traded company (Nasdaq: ORRF).

With nearly $1.3 billion in assets, Orrstown Financial Services, Inc. and its wholly-owned subsidiary, Orrstown Bank, provide a full range of financial services including personal banking, business banking, mortgages, retirement and wealth management, and a special selection of services designed for small businesses.

Company Growth (employees)
Type
Public
HQ
Shippensburg, US
Founded
1919
Size (employees)
311 (est)+6%
Orrstown Financial Services was founded in 1919 and is headquartered in Shippensburg, US

Orrstown Financial Services Office Locations

Orrstown Financial Services has an office in Shippensburg
Shippensburg, US (HQ)
77 E King St

Orrstown Financial Services Data and Metrics

Orrstown Financial Services Financial Metrics

Orrstown Financial Services's revenue was reported to be $16.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

16.2 m

Gross profit (Q1, 2017)

14.6 m

Gross profit margin (Q1, 2017), %

90%

Net income (Q1, 2017)

2 m

EBIT (Q1, 2017)

10.2 m

Market capitalization (15-Aug-2017)

204.5 m

Cash (31-Mar-2017)

28.6 m
Orrstown Financial Services's current market capitalization is $204.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

37.1 m38.2 m38.6 m61.7 m

Revenue growth, %

3%1%60%

Cost of goods sold

5 m4.2 m4.3 m5.4 m

Gross profit

32.1 m34 m34.3 m56.3 m

Gross profit Margin, %

86%89%89%91%

EBIT

35.2 m37.9 m34.9 m36.3 m

EBIT margin, %

95%99%90%59%

Interest income

32.1 m34 m34.3 m36.5 m

Pre tax profit

9.5 m7.9 m

Net Income

10 m29.1 m7.9 m6.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

14.5 m14.7 m15.6 m14.8 m15.2 m16.2 m

Cost of goods sold

970 k1.2 m1.3 m1.3 m1.4 m1.6 m

Gross profit

13.5 m13.5 m14.3 m13.5 m13.8 m14.6 m

Gross profit Margin, %

93%92%92%91%91%90%

Sales and marketing expense

6.2 m6.1 m6.2 m6.3 m6.8 m7.4 m

R&D expense

480 k491 k635 k519 k532 k511 k

Operating expense total

6.6 m6.5 m6.8 m6.8 m7.4 m7.9 m

EBIT

8.6 m9.3 m8.7 m9 m9 m10.2 m

EBIT margin, %

59%63%55%60%59%63%

Pre tax profit

1.8 m2.9 m3.2 m930 k1.6 m2.4 m

Income tax expense

321 k462 k614 k252 k125 k424 k

Net Income

4.9 m10 m2.5 m4 m6.4 m2.6 m3.3 m4.7 m2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

37.6 m31.4 m28.3 m30.3 m

Accounts Receivable

3.4 m3.1 m3.8 m14.2 m

Inventories

883.4 m

PP&E

26.4 m24.8 m24 m34.9 m

Total Assets

1.2 b1.2 b1.3 b1.4 b

Accounts Payable

1.2 b

Total Debt

75.1 m101.6 m113.7 m112 m

Total Liabilities

1.3 b

Additional Paid-in Capital

123.1 m

Retained Earnings

(27.3 m)1.9 m7.9 m11.7 m

Total Equity

91.4 m133.1 m134.9 m

Debt to Equity Ratio

0.8 x0.9 x0.8 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x

Financial Leverage

12.9 x9.7 x10.5 x
USDQ2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

40 m23.8 m34.3 m66.9 m63.6 m37.6 m28.6 m

Accounts Receivable

10.8 m

Inventories

678.9 m751.5 m762.9 m804.7 m831.9 m847.1 m901.3 m

PP&E

26 m24.3 m24.2 m29.7 m31.4 m34.6 m34.8 m

Total Assets

1.2 b1.2 b1.3 b1.3 b1.3 b1.4 b1.5 b

Accounts Payable

981.7 m962.9 m1 b1 b1.1 b1.1 b1.2 b

Retained Earnings

(22.4 m)5.3 m7.2 m9.9 m9.8 m10.5 m12.8 m

Total Equity

102.5 m130.3 m134.7 m138.2 m141 m139.8 m137.5 m

Financial Leverage

11.4 x9.5 x9.5 x9.3 x9.3 x9.7 x10.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

10 m29.1 m7.9 m6.6 m

Depreciation and Amortization

2.8 m2.8 m2.9 m3 m

Cash From Operating Activities

33 m17.3 m12.2 m15.6 m

Cash From Investing Activities

(89.7 m)727 k(107.3 m)(128.9 m)

Long-term Borrowings

(21.4 m)(11.3 m)(10.3 m)(332 k)

Dividends Paid

(1.8 m)(2.9 m)

Cash From Financing Activities

(56.4 m)(24.1 m)92.1 m115.2 m

Interest Paid

5.1 m4.2 m4.2 m5.3 m

Income Taxes Paid

800 k1.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

4.9 m10 m2.5 m4 m6.4 m2.6 m3.3 m4.7 m2 m

Depreciation and Amortization

1.5 m2.1 m741 k1.5 m2.2 m741 k1.5 m2.2 m895 k

Accounts Receivable

86 k155 k

Cash From Operating Activities

10.7 m16 m760 k4.9 m8.2 m5.1 m5.4 m10.3 m3.9 m

Cash From Investing Activities

16.2 m(2.9 m)6.3 m(51.6 m)(80.3 m)44.7 m22.1 m(53 m)(41.8 m)

Long-term Borrowings

(10.7 m)(11.1 m)(10.1 m)(10.2 m)(10.2 m)(82 k)(164 k)(248 k)(20.1 m)

Dividends Paid

(579 k)(1.2 m)(664 k)(1.4 m)(2.2 m)(823 k)

Cash From Financing Activities

(24.5 m)(14.9 m)(5.4 m)39.1 m75 m7.9 m51.9 m36.1 m

Interest Paid

2.2 m3.3 m923 k1.9 m3 m1.3 m2.6 m4.1 m1.5 m

Income Taxes Paid

450 k900 k
USDY, 2017

Revenue/Employee

53.4 k

Financial Leverage

10.6 x

Orrstown Financial Services Market Value History

Traffic Overview of Orrstown Financial Services

Orrstown Financial Services Online and Social Media Presence

Orrstown Financial Services Company Life and Culture

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