Orrstown Financial (ORRF) Reports Q4 EPS of $0.60

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Orrstown Financial Services, Inc. Reports Record Earnings for Full Year 2021 and Fourth Quarter Results

January 19, 2022 4:02 PM EST

Net income of $32.9 million and diluted earnings per share of $2.96 for the year ended December 31, 2021 compared to $26.5 million and diluted earnings per share of $2.40 for the year ended December 31, 2020; net income of $6.7 million for the quarter; diluted fourth quarter 2021 earnings per share of $0.60 compared to diluted earnings per share of $0.65 in the third quarter of 2021 and $0.91 in the fourth quarter of 2020Fourth quarter commercial loan growth, excluding Small Business Administration ("SBA") Paycheck Protection Program ("PPP") loans, was $110.5 million,... More