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HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Orrstown Financial Services Inc. (ORRF) on Friday reported net income of $13.7 million in its fourth quarter.
The Harrisburg, Pennsylvania-based bank said it had earnings of 71 cents per share. Earnings, adjusted for one-time gains and costs, came to 87 cents per share.
The holding company for Orrstown Bank posted revenue of $91.3 million in the period. Its revenue net of interest expense was $61.8 million, falling short of Street forecasts.
For the year, the company reported profit of $22.1 million, or $1.48 per share. Revenue was reported as $192.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORRF at https://www.zacks.com/ap/ORRF