Call reports 2024
ORRSTOWN BANK — 2024
What ORRSTOWN BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,182,713,000 | 3,198,146,000 | 5,470,313,000 | 5,441,746,000 |
| Total loans | 2,303,608,000 | 2,349,165,000 | 3,984,998,000 | 3,937,828,000 |
| Allowance for loan losses | 29,165,000 | 29,864,000 | 49,630,000 | 48,689,000 |
| Securities available for sale | 514,789,000 | 528,973,000 | 826,630,000 | 829,517,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 11,572,000 | 11,810,000 | 14,240,000 | 12,245,000 |
| Total deposits | 2,709,396,000 | 2,714,804,000 | 4,666,890,000 | 4,639,692,000 |
| Interest-bearing deposits | 2,280,607,000 | 2,280,906,000 | 4,141,571,000 | 3,725,672,000 |
| Noninterest-bearing deposits | 428,789,000 | 433,898,000 | 525,319,000 | 914,020,000 |
| Equity capital | 291,419,000 | 299,169,000 | 569,516,000 | 569,254,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 42,650,000 | 85,930,000 | 168,916,000 | 248,931,000 |
| Interest expense | 15,063,000 | 31,552,000 | 61,437,000 | 89,544,000 |
| Net interest income | 27,587,000 | 54,378,000 | 107,479,000 | 159,387,000 |
| Noninterest income | 6,682,000 | 13,888,000 | 25,462,000 | 37,594,000 |
| Noninterest expense | 21,279,000 | 42,427,000 | 99,069,000 | 142,342,000 |
| Provision for loan losses | 421,000 | 1,233,000 | 15,348,000 | 17,408,000 |
| Pretax income | 12,692,000 | 24,729,000 | 19,262,000 | 38,274,000 |
| Income tax | 2,622,000 | 5,173,000 | 4,109,000 | 7,954,000 |
| Net income | 10,070,000 | 19,556,000 | 15,153,000 | 30,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 299,141,000 | 306,798,000 | 478,370,000 | 490,029,000 |
| Total capital | 328,644,000 | 337,000,000 | 529,516,000 | 539,929,000 |
| Risk-weighted assets | 2,504,955,000 | 2,564,421,000 | 4,339,186,000 | 4,369,345,000 |