Orrstown Financial Services, Inc. (ORRF) Balance Sheet
ORRF balance sheet, 2025
December 31, 2025 · U.S. dollars$5.54B assets = $4.95B liabilities + $591.5M equity
Both columns are drawn to the same scale: what ORRF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ORRF financial health
Descriptive bands, not a rating. Fiscal 2025.
ORRF balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.41B2016 | $5.54B2025 | +16.4%/yr | |
| Total liabilities | $1.28B2016 | $4.95B2025 | +16.2%/yr | |
| Shareholders’ equity | $134.9M2016 | $591.5M2025 | +17.9%/yr | |
| Cash & short-term investments | $430.4M2016 | $994.8M2025 | +9.8%/yr | |
| Total debt | $112.0M2016 | $336.4M2025 | +13.0%/yr | |
| Net cash (debt) | $318.4M2016 | $658.5M2025 | +$340.1M | |
| Working capital | −$820.4M2016 | $120.8M2025 | +$941.2M | |
| Book value per share | $16.562016 | $35.302025 | +8.8%/yr | |
| Debt / equity | 0.832016 | 0.572025 | −0.26 | |
| Shares outstanding | 8.1M2016 | 16.8M2025 | +8.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ORRF assets
ORRF liabilities and equity
ORRF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ORRF balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $994.8M | $1.08B | $578.7M | $574.6M | $681.1M | $591.7M | $546.8M | $537.7M | $445.1M | $430.4M |
| Cash & equivalents | $42.1M | $248.9M | $65.2M | $60.8M | $208.7M | $125.3M | $56.0M | $71.8M | $29.8M | $30.3M |
| Short-term investments | $952.7M | $829.7M | $513.5M | $513.7M | $472.4M | $466.5M | $490.4M | $465.8M | $415.3M | $400.2M |
| Receivables | $21.5M | $21.1M | $13.6M | $11.0M | $8.2M | $8.9M | $6.0M | $5.9M | $5.0M | $4.7M |
| Inventory | $0 | $0 | $19.0M | −$71.8M | −$216.9M | −$134.2M | −$62.7M | $130,000 | −$43.9M | −$49.5M |
| Other current assets | $0 | $0 | $0 | $71.8M | $216.9M | $134.2M | $62.7M | $0 | $43.9M | $49.5M |
| Total current assets | $1.02B | $1.10B | $592.3M | $585.6M | $689.4M | $600.6M | $552.9M | $543.6M | $450.2M | $435.1M |
| Property, plant & equipment (net) | $51.0M | $50.2M | $29.4M | $29.3M | $34.0M | $35.1M | $37.5M | $38.2M | $34.8M | $34.9M |
| Goodwill & intangible assets | $107.7M | $115.9M | $21.1M | $21.8M | $22.9M | $24.2M | $27.1M | $16.5M | $1.1M | $2.8M |
| Long-term investments | $952.7M | $829.7M | $513.5M | $513.7M | $472.4M | $466.5M | $2.12B | $1.70B | $1.00B | $873.4M |
| Other non-current assets | $3.41B | $3.35B | $1.91B | $1.77B | $1.62B | $1.62B | $0 | $0 | $69.5M | $68.3M |
| Total assets | $5.54B | $5.44B | $3.06B | $2.92B | $2.83B | $2.75B | $2.38B | $1.93B | $1.56B | $1.41B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $61.9M | $40.8M | $38.0M | $34.7M | $22.8M | $17.2M | $15.2M |
| Short-term debt | $24.5M | $25.9M | $9.8M | $123.7M | $24.9M | $76.8M | $163.1M | $64.1M | $93.6M | $87.9M |
| Deferred revenue | — | — | — | −$61.8M | $15.9M | −$38.8M | — | −$1.06B | −$958.5M | −$900.1M |
| Total current liabilities | $895.4M | $4.65B | $2.57B | $61.9M | $40.8M | $38.0M | $2.04B | $1.65B | $1.33B | $1.26B |
| Long-term debt | $311.8M | $184.0M | $169.6M | $138.2M | $33.9M | $89.9M | $94.9M | $115.3M | $83.8M | $24.2M |
| Other long-term liabilities | $3.74B | $91.9M | $61.0M | $0 | $0 | $0 | $26.5M | $0 | $0 | $0 |
| Total liabilities | $4.95B | $4.92B | $2.80B | $2.69B | $2.56B | $2.50B | $2.16B | $1.76B | $1.41B | $1.28B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $583,000 | $584,000 | $586,000 | $586,000 | $584,000 | $491,000 | $435,000 | $437,000 |
| Retained earnings (deficit) | $186.8M | $126.5M | $117.7M | $92.5M | $78.7M | $54.1M | $35.2M | $24.5M | $16.0M | $11.7M |
| Treasury stock | — | — | — | −$13.5M | −$1.8M | −$848,000 | −$466,000 | −$236,000 | −$15,000 | −$1.0M |
| Accumulated other comprehensive income | −$15.2M | −$26.3M | −$28.5M | −$39.9M | $4.4M | $3.3M | −$480,000 | −$3.0M | $2.8M | −$1.2M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $591.5M | $516.7M | $265.1M | $228.9M | $271.7M | $246.2M | $223.2M | $173.4M | $144.8M | $134.9M |
| Key figures | ||||||||||
| Total debt | $336.4M | $209.9M | $179.4M | $261.8M | $58.8M | $166.8M | $404.7M | $179.4M | $177.4M | $112.0M |
| Net cash (debt) | $658.5M | $868.7M | $399.3M | $312.7M | $622.4M | $425.0M | $142.2M | $358.3M | $267.7M | $318.4M |
| Working capital | $120.8M | −$3.55B | −$1.98B | $523.7M | $648.6M | $562.6M | −$1.49B | −$1.10B | −$880.1M | −$820.4M |
| Tangible book value | $483.8M | $400.8M | $243.9M | $207.1M | $248.7M | $222.1M | $196.1M | $156.9M | $143.7M | $132.0M |
| Book value per share | $35.30 | $34.64 | $25.40 | $21.38 | $24.46 | $22.32 | $21.23 | $20.32 | $17.60 | $16.56 |
| Shares outstanding | 16.8M | 14.9M | 10.4M | 10.7M | 11.1M | 11.0M | 10.5M | 8.5M | 8.2M | 8.1M |
| Current ratio | 1.13 | 0.24 | 0.23 | 9.47 | 16.89 | 15.79 | 0.27 | 0.33 | 0.34 | 0.35 |
| Quick ratio | 1.13 | 0.24 | 0.23 | 9.47 | 16.89 | 15.79 | 0.27 | 0.33 | 0.34 | 0.35 |
| Debt / equity | 0.57 | 0.41 | 0.68 | 1.14 | 0.22 | 0.68 | 1.81 | 1.03 | 1.23 | 0.83 |
| Equity / assets | 10.7% | 9.5% | 8.6% | 7.8% | 9.6% | 9.0% | 9.4% | 9.0% | 9.3% | 9.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.01B | $996.0M | $994.8M | $851.4M | $815.5M | $287.1M | $1.08B | $1.06B | $661.6M | $697.6M | $578.7M | $590.1M |
| Cash & equivalents | $58.3M | $49.0M | $42.1M | $184.1M | $149.4M | $287.1M | $248.9M | $236.8M | $132.5M | $182.7M | $65.2M | $94.9M |
| Short-term investments | $949.3M | $947.0M | $952.7M | $667.2M | $666.1M | $855.5M | $829.7M | $826.8M | $529.1M | $514.9M | $513.5M | $495.2M |
| Receivables | $19.8M | $21.2M | $21.5M | $20.4M | $20.0M | $19.9M | $21.1M | $20.6M | $14.1M | $13.5M | $13.6M | $12.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$257.5M | −$579.2M | −$552.0M | −$522.5M | −$119.4M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $257.5M | $579.2M | $552.0M | $522.5M | $119.4M |
| Total current assets | $1.03B | $1.02B | $1.02B | $871.8M | $835.5M | $307.0M | $1.10B | $1.08B | $675.7M | $711.1M | $592.3M | $602.3M |
| Property, plant & equipment (net) | $50.2M | $50.5M | $51.0M | $51.3M | $51.7M | $51.7M | $50.2M | $49.8M | $28.5M | $29.0M | $29.4M | $29.4M |
| Goodwill & intangible assets | $103.3M | $105.5M | $107.7M | $110.1M | $112.5M | $113.3M | $115.9M | $116.8M | $20.7M | $20.9M | $21.1M | $21.4M |
| Long-term investments | $949.3M | $947.0M | $952.7M | $890.4M | $885.4M | $855.5M | $829.7M | $826.8M | $529.1M | $514.9M | $513.5M | $495.2M |
| Other non-current assets | $3.48B | $3.46B | $3.41B | $3.55B | $3.50B | $4.11B | $3.35B | $3.39B | $1.94B | $1.91B | $1.91B | $1.91B |
| Total assets | $5.61B | $5.58B | $5.54B | $5.47B | $5.39B | $5.44B | $5.44B | $5.47B | $3.20B | $3.18B | $3.06B | $3.05B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $57.6M |
| Short-term debt | $282.4M | $19.3M | $24.5M | $32.5M | $30.0M | $23.1M | $25.9M | $21.9M | $14.6M | $12.1M | $9.8M | $18.0M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | $39.3M |
| Total current liabilities | $4.90B | $19.3M | $895.4M | $4.57B | $4.55B | $4.66B | $4.65B | $4.67B | $2.72B | $2.71B | $2.57B | $2.56B |
| Long-term debt | $282.8M | $244.0M | $311.8M | $246.2M | $205.4M | $169.2M | $184.0M | $183.9M | $147.1M | $147.1M | $169.6M | $189.3M |
| Other long-term liabilities | $0 | $4.71B | $3.74B | $86.0M | $87.2M | $82.6M | $91.9M | $97.7M | $55.8M | $56.5M | $61.0M | $57.6M |
| Total liabilities | $4.99B | $4.97B | $4.95B | $4.90B | $4.84B | $4.91B | $4.92B | $4.95B | $2.92B | $2.91B | $2.80B | $2.81B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $583,000 | $583,000 | $583,000 | $583,000 |
| Retained earnings (deficit) | $218.0M | $202.7M | $186.8M | $170.5M | $153.9M | $139.5M | $126.5M | $117.3M | $129.7M | $124.1M | $117.7M | $112.1M |
| Accumulated other comprehensive income | −$17.8M | −$19.7M | −$15.2M | −$17.5M | −$24.5M | −$24.0M | −$26.3M | −$15.9M | −$28.4M | −$28.7M | −$28.5M | −$44.3M |
| Total shareholders' equity | $621.6M | $603.2M | $591.5M | $571.9M | $548.4M | $532.9M | $516.7M | $516.2M | $278.4M | $271.7M | $265.1M | $243.1M |
| Key figures | ||||||||||||
| Total debt | $282.4M | $263.2M | $336.4M | $278.7M | $235.4M | $192.3M | $209.9M | $205.8M | $161.8M | $159.2M | $179.4M | $207.3M |
| Net cash (debt) | $725.2M | $732.8M | $658.5M | $572.7M | $580.1M | $94.8M | $868.7M | $857.8M | $499.8M | $538.4M | $399.3M | $382.8M |
| Working capital | −$3.87B | $997.9M | $120.8M | −$3.69B | −$3.71B | −$4.35B | −$3.55B | −$3.59B | −$2.04B | −$2.00B | −$1.98B | −$1.96B |
| Tangible book value | $518.3M | $497.7M | $483.8M | $461.8M | $435.9M | $419.6M | $400.8M | $399.4M | $257.7M | $250.8M | $243.9M | $221.7M |
| Book value per share | $31.99 | $31.08 | $35.30 | $29.54 | $28.36 | $27.57 | $26.77 | $26.85 | $26.38 | $25.92 | $25.44 | $23.36 |
| Shares outstanding | 19.4M | 19.4M | 16.8M | 19.4M | 19.3M | 19.3M | 19.3M | 19.2M | 10.6M | 10.5M | 10.4M | 10.4M |
| Current ratio | 0.21 | 52.80 | 1.13 | 0.19 | 0.18 | 0.07 | 0.24 | 0.23 | 0.25 | 0.26 | 0.23 | 0.23 |
| Quick ratio | 0.21 | 52.80 | 1.13 | 0.19 | 0.18 | 0.07 | 0.24 | 0.23 | 0.25 | 0.26 | 0.23 | 0.23 |
| Debt / equity | 0.45 | 0.44 | 0.57 | 0.49 | 0.43 | 0.36 | 0.41 | 0.40 | 0.58 | 0.59 | 0.68 | 0.85 |
| Equity / assets | 11.1% | 10.8% | 10.7% | 10.5% | 10.2% | 9.8% | 9.5% | 9.4% | 8.7% | 8.5% | 8.6% | 8.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 12, 2026); data from EODHD.
ORRF financial position
At the end of fiscal 2025 (December 31, 2025), Orrstown Financial Services had total assets of $5.5 billion (up 1.8% from a year earlier), total liabilities of $5.0 billion and shareholders' equity of $591.5 million. It held $994.8 million in cash and short-term investments against $336.4 million of debt, a net cash position of $658.5 million. Its current ratio was 1.13. In the latest quarter (ended June 30, 2026) total assets were $5.6 billion and equity $621.6 million.
Related: ORRF income statement, ORRF cash flow statement, ORRF key metrics. See the ORRF stock overview for the latest quote and news.
ORRF balance sheet FAQ
What are Orrstown Financial Services's total assets?
Orrstown Financial Services reported total assets of $5.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.4 billion a year earlier.
How much debt does Orrstown Financial Services have?
Orrstown Financial Services had $336.4 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.57.
How much cash does Orrstown Financial Services have?
Orrstown Financial Services held $994.8 million in cash and short-term investments at the end of fiscal 2025; with $336.4 million of debt that is net cash of $658.5 million.
What is Orrstown Financial Services's book value?
Orrstown Financial Services's shareholders' equity (book value) was $591.5 million at the end of fiscal 2025, or $35.30 per share.
What is Orrstown Financial Services's current ratio?
Orrstown Financial Services had current assets of $1.0 billion and current liabilities of $895.4 million, a current ratio of 1.13 (it can cover its short-term obligations).
How much goodwill does Orrstown Financial Services have?
Orrstown Financial Services carried $107.7 million of goodwill and intangible assets, 1.9% of total assets, at the end of fiscal 2025.