Orrstown Financial Services(US:ORRF)2025-10-22 13:00Financial Performance - Net income for 3Q25 was $21.9 million, a 12.4% increase compared to $19.4 million in 2Q25, but a significant increase compared to a loss of $7.9 million in 3Q24[7] - Diluted EPS for 3Q25 was $1.13, a 12.3% increase compared to $1.01 in 2Q25, and a substantial increase compared to a loss of $0.41 in 3Q24[7] - The annualized Return on Average Assets (ROAA) for 3Q25 was 1.60%, compared to 1.45% in 2Q25 and -0.57% in 3Q24[7] - The annualized Return on Average Equity (ROAE) for 3Q25 was 15.72%, compared to 14.56% in 2Q25 and -5.85% in 3Q24[7] - The efficiency ratio improved to 56.4% in 3Q25, compared to 60.3% in 2Q25 and 94.1% in 3Q24[7] Balance Sheet - Total assets remained relatively stable at $5,470.2 million in 3Q25, a 1.5% increase compared to $5,387.6 million in 2Q25, and approximately the same as $5,470.6 million in 3Q24[7] - Total loans were $3,979.7 million in 3Q25, a 1.2% increase compared to $3,931.4 million in 2Q25, and approximately the same as $3,981.4 million in 3Q24[7] - Total deposits were $4,533.6 million in 3Q25, a 0.4% increase compared to $4,516.6 million in 2Q25, but a 2.5% decrease compared to $4,650.9 million in 3Q24[7] Net Interest Income and Margin - Net interest income totaled $51.0 million for the quarter, while the net interest margin improved to 4.11%, a 4 basis point increase from 2Q25[14, 15] Non-Interest Income and Expenses - Non-interest income increased by $0.5 million to $13.4 million during the quarter[21] - Non-interest expenses decreased by $1.3 million quarter over quarter, totaling $36.3 million for the three months ended September 30, 2025[30]