Call reports 2023
ORRSTOWN BANK — 2023
What ORRSTOWN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,010,932,000 | 3,007,553,000 | 3,053,955,000 | 3,063,581,000 |
| Total loans | 2,214,842,000 | 2,240,867,000 | 2,273,284,000 | 2,304,129,000 |
| Allowance for loan losses | 28,364,000 | 28,383,000 | 28,278,000 | 28,702,000 |
| Securities available for sale | 519,862,000 | 508,494,000 | 495,042,000 | 513,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 8,589,000 | 10,319,000 | 13,932,000 | 11,165,000 |
| Total deposits | 2,529,788,000 | 2,537,393,000 | 2,559,256,000 | 2,572,855,000 |
| Interest-bearing deposits | 2,030,819,000 | 2,063,868,000 | 2,116,620,000 | 2,135,926,000 |
| Noninterest-bearing deposits | 498,969,000 | 473,525,000 | 442,636,000 | 436,929,000 |
| Equity capital | 260,516,000 | 265,899,000 | 262,598,000 | 284,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 34,277,000 | 71,176,000 | 109,867,000 | 149,895,000 |
| Interest expense | 7,518,000 | 17,564,000 | 29,576,000 | 43,132,000 |
| Net interest income | 26,759,000 | 53,612,000 | 80,291,000 | 106,763,000 |
| Noninterest income | 5,922,000 | 13,121,000 | 19,346,000 | 25,452,000 |
| Noninterest expense | 19,311,000 | 39,418,000 | 59,587,000 | 80,191,000 |
| Provision for loan losses | 729,000 | 1,128,000 | 1,264,000 | 1,682,000 |
| Pretax income | 12,641,000 | 26,187,000 | 38,786,000 | 50,298,000 |
| Income tax | 2,495,000 | 5,286,000 | 8,039,000 | 10,476,000 |
| Net income | 10,146,000 | 20,901,000 | 30,747,000 | 39,822,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 272,202,000 | 279,162,000 | 285,889,000 | 292,160,000 |
| Total capital | 300,391,000 | 307,370,000 | 313,992,000 | 320,687,000 |
| Risk-weighted assets | 2,428,776,000 | 2,455,058,000 | 2,505,572,000 | 2,513,732,000 |