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Orrstown Financial Services ORRF Bank Owned Life Insurance

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Other financials

Income statement

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Revenue$62.7M+0.4%
Net income$21.2M+8.8%
EPS (diluted)$1.09+7.9%

Balance sheet

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Cash & equivalents$144.8M-3.0%
Total debt$13.7M-10.0%
Total equity$621.7M+13.3%
Total assets$5.6B+4.2%

Cash flow

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Operating cash flow$22.9M-6.2%
CapEx$546.0K-30.9%
Free cash flow$22.4M-5.4%

Valuation

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Market cap$838.32M+33.7%
Enterprise value$707.15M+43.5%
P/E9.7×-4.8×
P/S3.3×+0.7×

Profitability

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Net margin33.6%+16.2pp
FCF margin33.4%+14.6pp

Returns & leverage

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Return on equity14.8%+4.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Orrstown Financial Services in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: Orrstown Financial Services’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054267
(Dollars in thousands, except per share amounts)June 30,2026December 31,2025
Less: Allowance for credit losses(46,632)(47,681)
Net loans4,066,3993,973,012
Premises and equipment, net50,16651,029
Cash surrender value of life insurance147,787146,994
Goodwill69,75169,751
Other intangible assets, net33,57237,990
Accrued interest receivable19,78921,473
Deferred tax assets, net32,69333,931

Item 1. Financial Statements

FAQ

What is Orrstown Financial Services's bank owned life insurance?
Orrstown Financial Services (ORRF) reported bank owned life insurance of $147.79M in Q2 2026.
How has Orrstown Financial Services's bank owned life insurance changed year-over-year?
Orrstown Financial Services's bank owned life insurance increased by 1.4% year-over-year, from $145.76M to $147.79M.
What is the long-term trend for Orrstown Financial Services's bank owned life insurance?
Over 5 years (2020 to 2025), Orrstown Financial Services's bank owned life insurance has grown at a 16.5% compound annual growth rate (CAGR), from $68.55M to $146.99M.
What does bank owned life insurance mean?
Bank Owned Life Insurance (BOLI) is a life insurance policy purchased by the bank on the lives of key employees, where the bank is the beneficiary. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit plans. The cash surrender value of these policies represents a stable, long-term asset on the balance sheet.

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