ORRSTOWN FINANCIAL FILES 8-K ON OPERATIONS & FINANCIAL CONDITION
Ticker: ORRF · Form: 8-K · Filed: Jan 23, 2024 · CIK: 826154
| Field | Detail |
|---|---|
| Company | Orrstown Financial Services Inc (ORRF) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.20 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, financial-condition
TL;DR
**ORRF filed an 8-K, signaling routine compliance and operational updates.**
AI Summary
Orrstown Financial Services, Inc. filed an 8-K on January 23, 2024, to report on its financial condition and operations. This filing indicates that the company's common stock, trading under the symbol ORRF, is registered on the Nasdaq Stock Market. For investors, this matters because it confirms the company's compliance with SEC reporting requirements and provides transparency regarding its operational status, which can influence stock valuation and investor confidence.
Why It Matters
This filing confirms Orrstown Financial Services, Inc. is meeting its regulatory obligations, providing investors with current information about its business and financial health.
Risk Assessment
Risk Level: low — This 8-K is a standard disclosure filing and does not indicate any immediate new risks or significant changes.
Analyst Insight
Investors should view this 8-K as a routine compliance update, confirming the company's ongoing reporting obligations. No immediate action is suggested based solely on this administrative filing.
Key Players & Entities
- ORRSTOWN FINANCIAL SERVICES, INC. (company) — the registrant filing the 8-K
- Nasdaq Stock Market (company) — the exchange where ORRF common stock is registered
- ORRF (company) — the trading symbol for Orrstown Financial Services, Inc. Common Stock
FAQ
What is the purpose of this 8-K filing by Orrstown Financial Services, Inc.?
The 8-K filing by Orrstown Financial Services, Inc. on January 23, 2024, is to report on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure', as well as 'Financial Statements and Exhibits'.
What is the trading symbol and exchange for Orrstown Financial Services, Inc.'s common stock?
The common stock of Orrstown Financial Services, Inc. trades under the symbol ORRF and is registered on the Nasdaq Stock Market.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 23, 2024.
Where is Orrstown Financial Services, Inc.'s principal executive office located?
Orrstown Financial Services, Inc.'s principal executive office is located at 77 East King Street, P. O. Box 250, Shippensburg, Pennsylvania 17257.
Is Orrstown Financial Services, Inc. considered an emerging growth company according to this filing?
No, the filing indicates with an unchecked box that Orrstown Financial Services, Inc. is not an emerging growth company as defined by Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 489 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-01-23 16:09:42
Key Financial Figures
- $0.20 — the Company declared a cash dividend of $0.20 per common share, payable February 13,
Filing Documents
- orrf-20240123.htm (8-K) — 29KB
- ex992023-q4earningsrelease.htm (EX-99) — 902KB
- orrflogo2019a.jpg (GRAPHIC) — 11KB
- 0000826154-24-000006.txt ( ) — 1129KB
- orrf-20240123.xsd (EX-101.SCH) — 2KB
- orrf-20240123_lab.xml (EX-101.LAB) — 24KB
- orrf-20240123_pre.xml (EX-101.PRE) — 13KB
- orrf-20240123_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On January 23, 2024, Orrstown Financial Services, Inc. (the "Company") issued a press release to report earnings for the quarter and year ended December 31, 2023. A copy of the press release is furnished with this Form 8-K as Exhibit 99, and is incorporated herein in its entirety by reference.
01 Regulation FD
Item 7.01 Regulation FD The Board of Directors of the Company declared a cash dividend of $0.20 per common share, payable February 13, 2024 to shareholders of record as of February 6, 2024.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits The following exhibit is furnished as part of this Current Report on Form 8-K: Exhibit No. Description 99 Press Release dated January 23, 2024 104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. ORRSTOWN FINANCIAL SERVICES, INC. Date: January 23, 2024 By: /s/ Neelesh Kalani Neelesh Kalani Executive Vice President and Chief Financial Officer (Duly Authorized Representative)