Orrstown Financial (ORRF) Tops Q3 EPS by 19c
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Orrstown Financial Services, Inc. Reports Third Quarter 2024 Results
October 22, 2024 4:20 PM EDTOrrstown Financial Services, Inc. ("Orrstown" or the Company) closed the merger of equals transaction with Codorus Valley Bancorp, Inc. ("Codorus") on July 1, 2024, creating a premier Pennsylvania and Maryland community bank; as a result, the Company's results for the three months ended September 30, 2024 reflect the combined operating results of the combined companies;Codorus contributed, after fair value purchase accounting adjustments, approximately $2.2 billion in total assets, $1.6 billion in loans, and $1.9 billion in deposits at July 1, 2024;Net loss... More
