← ORRSTOWN FINANCIAL SERVICES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $6.6m |
$8.1m
+22.06%
|
$12.8m
+58.28%
|
$16.9m
+32.17%
|
$26.5m
+56.36%
|
$32.9m
+24.25%
|
$22.0m
-32.98%
|
$35.7m
+61.83%
|
$22.1m
-38.17%
|
$80.9m
+266.69%
|
— | |
| Depreciation and amortization | $3.0m | $3.3m | $3.6m | $5.5m | $6.6m | $5.3m | $4.6m | $4.3m | $9.7m | $15.3m | $14.4m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | — | — | — | — | $335k | — | |
| Amortization of Intangible Assets | — | — | $286k | $1.6m | $1.6m | $1.3m | $1.1m | $953k | $5.7m | $9.8m | — | |
| Depreciation | $2.3m | $2.6m | $2.6m | $2.7m | $3.2m | $2.3m | $2.1m | $1.9m | $2.6m | $3.4m | $14.4m | |
| Deferred Income Tax Expense (Benefit) | ($232k) | $443k | $543k | $1.8m | ($554k) | $942k | ($591k) | ($651k) | ($867k) | $6.0m | $1.9m | |
| Share-based Payment Arrangement, Noncash Expense | $958k | $1.4m | $1.5m | $1.6m | $2.1m | $1.9m | $2.2m | $2.4m | $8.7m | $5.0m | $5.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $651k | $1.8m | $717k | $514k | $285k | $378k | $2.4m | $2.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | $153k | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | — | — | — | — | — | $976k | $43k | $146k | — | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | ($827k) | ($376k) | ($879k) | $1.2m | ($2.9m) | $693k | ($2.8m) | $1.7m | ($10.6m) | $5.4m | — | |
| Increase (Decrease) in Other Operating Liabilities | $561k | $2.0m | $2.7m | ($5.3m) | $953k | $1.2m | $10.9m | ($5.7m) | $4.2m | ($10.8m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $15.6m |
$16.4m
+4.90%
|
$22.5m
+37.54%
|
$9.1m
-59.58%
|
$30.2m
+231.91%
|
$40.8m
+35.27%
|
$36.2m
-11.32%
|
$43.7m
+20.75%
|
$35.0m
-20.00%
|
$74.7m
+113.78%
|
$87.8m
+17.47%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($147k) | $18k | ($12k) | ($139k) | ($2k) | ($22k) | ($530k) | ($252k) | ($381k) | ($19k) | ($1.6m) | |
| Payments to Acquire Property, Plant, and Equipment | $13.4m | $2.7m | $4.8m | $2.9m | $1.3m | $1.3m | $895k | $2.3m | $1.6m | $4.2m | ($2.1m) | |
| Equipment Expense | $3.3m | $3.4m | $4.1m | $4.7m | $4.8m | $5.1m | $5.1m | $5.3m | $8.6m | $9.5m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $30.2m | $28.8m | $18.4m | $33.3m | $56.2m | $39.1m | $50.1m | $35.0m | $76.1m | $85.2m | — | |
| Debt Securities, Realized Gain (Loss) | — | — | — | — | — | — | — | — | — | $117k | — | |
| Gain (Loss) on Investments | — | — | — | — | — | $638k | $10k | ($47k) | $181k | — | ($200k) | |
| Payments for (Proceeds from) Other Investing Activities | $439k | $0 | ($7k) | $0 | $0 | — | — | $143k | $374k | $15k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($128.9m) | ($145.9m) | ($139.4m) | $19.0m | ($292.3m) | ($2.0m) | ($271.0m) | ($153.2m) | $61.0m | ($182.0m) | ($224.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $332k | $20.3m | $365k | $91.8m | — | — | — | — | — | — | ($163.5m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | $1.0m | $4.7m | ($16k) | $638k | ($160k) | ($47k) | $249k | $166k | — | |
| Proceeds from Issuance of Long-term Debt | $0 | $80.0m | $0 | $20.0m | — | — | — | — | — | — | $230.0m | |
| Payments for Repurchase of Common Stock | $631k | $0 | $0 | — | $1.2m | $1.9m | $14.2m | $2.6m | $0 | $263k | — | |
| Proceeds from Issuance of Common Stock | $105k | $0 | — | — | $116k | $136k | $133k | $136k | $267k | $151k | — | |
| Dividends paid | $2.9m | $3.5m | $4.4m | $6.2m | $7.6m | $8.3m | $8.3m | $8.5m | $13.2m | $20.6m | ($22.3m) | |
| Payments of Dividends | $2.9m | $3.5m | $4.4m | $6.2m | $7.6m | $8.3m | $8.3m | $8.5m | $13.2m | $20.6m | ($22.3m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | $545k | $571k | — | |
| Net Cash Provided by (Used in) Financing Activities | $115.2m |
$129.1m
+12.01%
|
$175.9m
+36.29%
|
($60.4m)
-134.34%
|
$331.5m
+648.75%
|
$44.7m
-86.53%
|
$86.9m
+94.63%
|
$113.9m
+31.03%
|
$87.8m
-22.94%
|
$8.1m
-90.74%
|
$131.7m
+1521.03%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.9m | ($466k) | $59.0m | ($32.4m) | $69.3m | $83.5m | ($147.9m) | $4.3m | $183.7m | ($99.1m) | $144.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $56.5m | $125.3m | $208.7m | $60.8m | $65.2m | $248.9m | $149.8m | $144.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Bank Owned Life Insurance Income | $1.1m | $1.1m | $1.5m | $2.0m | $2.3m | $2.3m | $2.3m | $2.5m | $3.9m | $5.4m | — | |
| Gain (Loss) on Sales of Loans, Net | ($846k) | $2.4m | $2.1m | $2.6m | $6.1m | $5.0m | $1.3m | $283k | $810k | $1.3m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $12.9m | $24.3m | $16.7m | $6.8m | $8.7m | $42.9m | $93.3m | $103.4m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $5.5m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | — | $276k | ($272k) | — | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | — | $1.1m | $0 | $0 | — | |
| Gain (Loss) Related to Litigation Settlement | ($1.0m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | — | — | $12.6m | $19.9m | $18.7m | $18.7m | $18.7m | $18.7m | $68.1m | $69.8m | $0 | |
| Income Tax Expense (Benefit) | $1.3m | $4.3m | $1.6m | $2.7m | $6.0m | $8.0m | $4.6m | $9.4m | $5.8m | $21.8m | — | |
| Operating Lease, Expense | — | — | — | — | $1.6m | $1.5m | $1.4m | $1.3m | $1.1m | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | $1.1m | $4.2m | $1.7m | $17.4m | $126k | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | ($373k) | — | — | — |