Orrstown Financial Services, Inc. · NASDAQ:ORRF
Orrstown Financial Services — Q3 2026 Earnings Presentation
17 slides from Orrstown Financial Services's earnings presentation, Oct 21, 2026
Slide 1: Earnings Presentation Third Quarter 2026
ORRSTOWN Financial Services, Inc. Earnings Presentation Third Quarter 2026 October 21, 2026
Slide 2: Cautionary Note Regarding Forward Looking Statements | Non-GAAP Disclosures
Cautionary Note Regarding Forward Looking Statements | Non-GAAP Disclosures This presentation contains “forward-looking statements’ within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements reflect the current views of the Company's manag
Slide 3: Financial Highlights
Financial Highlights 3926 2926 3Q25 — ae Quarterly Commentary hat ncome? $ 228 $ 212 $ 219 7.8% 43% |°* Delivered strong quarterly earnings of $22.8 n, or $1.17 per diluted share, reflecting continued operating momentum. Diluted EPS $1417 $ 109 $ 113 7.4% 3.6% || + Netinterest income rose $4.5 milli
Slide 4: Net Interest Margin
Net Interest Margin Net Interest Income and Margin * Change in Deposit Cost 2 4.11% 412% 4.00% 2.90% 4.00% $51.0 3Q25 4Q25 1026 2026 3Q26 MME Net Interest Income ($ in illions)_—e—Net Interest Margin Yields on Assets and Liabilities 6.19% 6.01% 5.91% 5.90% as 28% 2.58% 2.56% 2.62% 2.40% 3025 4025 10
Slide 5: Fee Income
Fee Income Non-Interest Income Non-Interest Income Breakout + $ In Millions $15.6 = Wealth management $14.4 sis 1 Service charges oJ 4 mo 4 Interchange income 22% = Income from life Insurance = Other income 3Q25 4Q25 1Q26 2026 3Q26 = Swap fee income + Noninterest income totaled $13.4 million, decrea
Slide 6: Non-Interest Expenses
Non-Interest Expenses Non-interest Expenses Efficiency Ratio $n Millions $36.3 $37.4 $36.7 $37.7 $37.3 PY a | | , | 3Q25 4Q25 1026 2026 3026 * Noninterest expenses totaled $37.3 million for the quarter, a decline of $0.4 million from the prior quarter. © Salaries and benefits increased modestly to $
Slide 7: Credit Quality
Credit Quality Charge-offs & Non-Performing Loans 0.51% 050% * The allowance for credit losses (ACL) totaled $46.8 million one 0.44% tt at September 30, 2026, or 1.11% of total loans. o. The Bank recorded $1.1 million of provision expense which resulted from strong loan growth, $1.0 million of net c
Slide 8: Earnings & Key Performance Metrics
Earnings & Key Performance Metrics Earnings Tangible Common Equity and TCE/TA % $1.43 $141 $1.42 $1.09 $1.47 8.8% 9.0% aa ant 9.1% $o.27 $o.27 $0.30 $0.30 $0.30 ean $492 $505 $525 $511 ~ 3025 2028 a0ce 2026 3026 3025 4025 1926 2026 3026 t Income ($ in Millions) —e=Diluted EPS —e—Dividend Paid mm Tan
Slide 9: Loans
Loans Trend + Composition 2 Sin millions Non-owner $3,980 $4,021 $4,061 $4,113 $4,208 occupied CRE Owner 31% orcupted CRE Agricultural 16% Yield on 2 $3,146 $3,269 Acquisition & Loans: Multi-family 6% development 3 pe 6.35% Non-owner occupied residential 3% 3Q25 4025 1026 2026 3Q26 ” ss ial 2 i a Re
Slide 10: Deposits
Deposits Trend + Composition 2 $n Milions Interest DDA $4,534 $4,529 $4,627 $4,620 $4,582 26% Non-Interest $3,610 $3,627 $3,717 $3,736 $3,726 DDA Costct 20% Deposits: 3 3Q25 4Q25 1Q26 2026 3Q26 1.83% Money mM Core Deposits mi Time Deposits wae * Deposits, which declined $38.1 million during the quar
Slide 11: Investments
Investments Portfolio Metrics Total Portfolio (FY) $919.4MM % of Assets 16.1% Duration 4.2 Years Yield 4.54% AOCI (after Tax Effect) ($51.1MM) Trends — Balances / AOCI / Yields 12 4.67% ‘i 458% “mise 457% 454% $952.7 $947.0 $949.3 $019.4 ($17.3) ($15.0) ($20.3) ($18.9) ($51.1) 3025 4025 1026 2026 30
Slide 12: Capital
Capital Total Risk Based Capital Ratio 13.3% 13.2% 18.1% 12.9% 13.3% 13.3% 13.5% 13.6% 13.2% 13,1 2026 3026 Well Capitalized @ 10.0% Tier 1 Risk Based Capital Ratio Ratios remain sound and capital generation expectations are strong going forward All capital ratios applicable to the Company and Bank
Slide 13: Guidance through 2027
uidance th h 2027 5.0% annualized growth Range: 4.05% to 4.15% Range: $54.0 million to $56.0 million (annualized) Range: $153.0 million to $157.0 million (annualized) Approximately 21%
Slide 14: Q&A
Q&A
Slide 15: Reconciliation of Non-GAAP Measures to GAAP Results
Reconciliation of Non-GAAP Measures to GAAP Results As a result of acquisitions, the Company has intangible assets consisting of goodwill and core deposit and other intangible assets. Management believes providing certain “non-GAAP” financial information will assist investors in their understanding
Slide 16: Reconciliation
GAAP to Non-GAAP Reconciliation Efficiency Rati 3025 4025 1026 2026 3026 (Presented In Millions) Net Interest Income 8 510 S 50.5 S$ 49.0 § 488 $ 533 Plus Non-Interest Income 13.4 144 15.6 13.8 13.4 Total Revenue (A) $ 644 § 649 § 646 § eT $ 66.7 Plus: Accelerated amortization of fair value "6 mark
Slide 17: Reconciliation
GAAP to Non-GAAP Reconciliation Tangible Book Value (Presented in Millions except for Tangible Book Value Per Share) Total Shareholders’ Equity (GAAP) Less Goodwill Less Intangible Assets Less Related Tax Effect Tangible Book Value (Non-GAAP) (A) Ending Period Shares Outstanding (B) Tangible Book Va
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