Orrstown Bank Mortgage Rates, Fees & Info

Shippensburg, PA

LEI: 54930060KLIQD8MMSB55

Tax ID: 23-0934350

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Orrstown Bank is a smaller bank specializing in Refi and Home Purchase loans. Orrstown Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Harrisburg, Chambersburg, Lancaster, Baltimore, and New York among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Orrstown Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Orrstown Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 3.57% 12/16/24
    30 Year Conventional Purchase 6.60% 12/16/24
    30 Year Conventional Refi 6.62% 12/16/24
    30 Year Cash-out Refi 6.75% 12/16/24
    30 Year FHA Purchase 7.37% 12/16/24
    30 Year VA Purchase 6.31% 12/16/24
    30 Year USDA Purchase 7.03% 12/16/24
    15 Year Conventional Purchase 6.20% 12/16/24
    15 Year Conventional Refi 6.09% 12/16/24
    15 Year Cash-out Refi 6.09% 12/16/24
    15 Year FHA Refi 6.90% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Orrstown Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Orrstown Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,679

    Origination Dollar Volume (All Markets)

    $365,375,000

    Employee count

    408 Show all (6) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 589 $107,025,000 $181,706 $3,575 3.06%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 425 $59,185,000 $139,259 $3,329 3.02%
    LANCASTER, PA (FHA|USDA|VA) 246 $55,500,000 $225,610 $3,859 3.01%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 136 $39,740,000 $292,206 $3,073 2.89%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $32,885,000 $32,885,000 $0 3.75%
    YORK-HANOVER, PA (FHA|USDA|VA) 59 $17,415,000 $295,169 $3,655 3.20%
    READING, PA (FHA|USDA|VA) 65 $15,705,000 $241,615 $3,983 3.26%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 21 $6,165,000 $293,571 $3,646 3.01%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 34 $5,980,000 $175,882 $3,106 3.01%
    LEBANON, PA (FHA|USDA|VA) 23 $3,865,000 $168,043 $4,539 3.10%
    Outside of Metro Areas 17 $3,775,000 $222,059 $3,959 3.57%
    SALISBURY, MD-DE (FHA|USDA|VA) 12 $3,480,000 $290,000 $3,100 3.16%
    GETTYSBURG, PA (FHA|USDA|VA) 19 $3,385,000 $178,158 $3,812 3.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 8 $3,090,000 $386,250 $3,125 2.92%
    OCEAN CITY, NJ (FHA|USDA|VA) 2 $2,510,000 $1,255,000 $3,648 3.42%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $2,005,000 $668,333 $4,655 3.38%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $620,000 $310,000 $3,982 3.44%
    Huntingdon, PA (FHA|USDA|VA) 3 $505,000 $168,333 $3,627 4.00%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $480,000 $240,000 $2,926 2.63%
    ALTOONA, PA (FHA|USDA|VA) 1 $395,000 $395,000 $4,428 3.00%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $370,000 $185,000 $3,137 3.00%
    Pottsville, PA (FHA|USDA|VA) 2 $320,000 $160,000 $3,395 2.50%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $285,000 $285,000 $3,941 3.38%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $220,000 $110,000 $0 3.75%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $215,000 $215,000 $4,187 4.00%
    Cambridge, MD (FHA|USDA|VA) 2 $180,000 $90,000 $2,854 2.62%
    RICHMOND, VA (FHA|USDA|VA) 1 $75,000 $75,000 $2,457 2.63%
    Orrstown Bank's top markets include Harrisburg, Chambersburg, Lancaster, Baltimore, and New York among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Orrstown Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Commonwealth Federal Credit Union
    Similarity Rank: 210
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 231
    Farmers and Merchants Trust Company of Chambersburg
    Similarity Rank: 234
    The Glen Burnie Mutual Savings Bank
    Similarity Rank: 271
    BELLCO
    Similarity Rank: 354
    LEBANON
    Similarity Rank: 405
    Beeline Loans, Inc.
    Similarity Rank: 430
    EVERENCE FEDERAL CREDIT UNION
    Similarity Rank: 544
    BHCU
    Similarity Rank: 625
    Sail Mortgage Corp.
    Similarity Rank: 640

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,088 $292,440,000 $268,787 $3,399 3.15%
    HELOC 545 $63,685,000 $116,853 n/a 2.84%
    FHA 19 $3,395,000 $178,684 $6,966 3.13%
    USDA 15 $2,695,000 $179,667 $5,972 3.13%
    VA 12 $3,160,000 $263,333 $6,958 3.08%

    For 2020, Orrstown Bank's most frequently originated type of loan was Conventional, with 1,088 originations. Their 2nd most popular type was HELOC, with 545 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 822 $174,470,000 $212,251 $3,141 2.92%
    Home Purchase 354 $117,780,000 $332,712 $4,607 3.38%
    Cash Out Refi 187 $39,355,000 $210,455 $3,491 3.09%
    Other 160 $15,260,000 $95,375 $289 2.92%
    Home Improvement 156 $18,510,000 $118,654 $2,517 3.06%

    For 2020, Orrstown Bank's most frequently cited loan purpose was Refi, with 822 originations. The 2nd most popular reason was Home Purchase, with 354 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,105 $194,295,000 $175,833 $3,902 3.03%
    15 Year 320 $63,750,000 $199,219 $3,056 2.72%
    20 Year 95 $20,865,000 $219,632 $3,221 3.05%
    10 Year 84 $26,340,000 $313,571 $2,464 3.84%
    Other 32 $12,580,000 $393,125 $3,033 3.59%
    5 Year 21 $40,115,000 $1,910,238 $388 4.22%
    30+ year 20 $7,250,000 $362,500 $6,142 3.79%
    1 Year 1 $175,000 $175,000 $0 4.50%
    3 Year 1 $5,000 $5,000 $0 4.50%

    For 2020, Orrstown Bank's most frequently cited loan duration was 30 Year, with 1,105 originations. The 2nd most popular length was 15 Year, with 320 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 901 $188,915,000 $209,673
    $1k-2k 88 $19,780,000 $224,773
    $2k-3k 42 $15,720,000 $374,286
    $5k+ 10 $3,770,000 $377,000
    $4k-5k 9 $2,905,000 $322,778
    $3k-4k 3 $515,000 $171,667

    Orrstown Bank's average total fees were $3,902, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 901 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 559 $73,175,000 $130,903
    3-4% 499 $159,515,000 $319,669
    2.5-3% 497 $111,025,000 $223,390
    4-5% 91 $19,415,000 $213,352
    5-6% 21 $1,795,000 $85,476
    7-8% 8 $290,000 $36,250
    6-7% 4 $160,000 $40,000

    During 2020, Orrstown Bank's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was <2.5%, with 559 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 697 $99,075,000 $142,145 $3,194 2.94%
    $200k-400k 496 $133,600,000 $269,355 $3,878 3.03%
    $100,000 or less 360 $19,280,000 $53,556 $2,143 3.21%
    $400k-600k 98 $44,770,000 $456,837 $5,033 3.12%
    $600k-1MM 18 $13,560,000 $753,333 $6,254 3.64%
    $1MM+ 10 $55,090,000 $5,509,000 $8,397 3.97%

    2020 saw Orrstown Bank place emphasis on $100k-200k loans with 697 originations, totaling $99,075,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 428 $81,470,000 $190,350 $3,546 2.98%
    $50k-75k 310 $43,890,000 $141,581 $3,354 3.05%
    $150k-250k 267 $62,795,000 $235,187 $3,880 2.97%
    $75k-100k 262 $44,810,000 $171,031 $3,507 3.02%
    $50k or less 197 $20,055,000 $101,802 $3,044 2.99%
    $250k+ 137 $42,935,000 $313,394 $4,252 3.01%

    Orrstown Bank lent most frequently to those with incomes in the $100k-150k range, with 428 originations. The second most popular income band? $50k-75k, with 310 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 525 $98,455,000 $187,533 $3,542 2.92%
    <20% 319 $57,085,000 $178,950 $3,148 2.84%
    30-36% 287 $52,925,000 $184,408 $3,722 3.06%
    42% 80 $12,380,000 $154,750 $3,558 2.96%
    38% 48 $9,140,000 $190,417 $4,213 3.16%
    39% 45 $7,065,000 $157,000 $3,265 3.27%
    36% 44 $6,600,000 $150,000 $3,425 3.03%
    37% 44 $7,770,000 $176,591 $3,464 3.03%
    41% 42 $8,060,000 $191,905 $4,004 3.02%
    40% 39 $7,505,000 $192,436 $3,623 3.10%
    43% 36 $8,340,000 $231,667 $3,668 3.11%
    44% 20 $4,130,000 $206,500 $3,819 3.27%
    48% 15 $3,585,000 $239,000 $3,990 3.22%
    49% 15 $3,815,000 $254,333 $3,862 3.43%
    45% 12 $2,740,000 $228,333 $3,150 3.02%
    46% 12 $2,220,000 $185,000 $3,164 3.57%
    47% 9 $1,765,000 $196,111 $3,356 2.93%
    50-60% 5 $1,535,000 $307,000 $10,182 3.75%
    >60% 3 $635,000 $211,667 $5,754 3.62%

    Orrstown Bank lent most frequently to those with DTI ratios of 20-30%, with 525 originations. The next most common DTI ratio? <20%, with 319 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,472 $268,930,000 $182,697 $3,502 3.01%
    Not applicable 61 $65,365,000 $1,071,557 $0 4.22%
    Not provided 95 $18,365,000 $193,316 $3,575 2.89%
    Asian 28 $6,670,000 $238,214 $4,979 3.06%
    Black 20 $4,720,000 $236,000 $4,163 3.16%
    Asian Indian 3 $1,325,000 $441,667 $3,408 3.04%

    Approval Rates

    Total approvals of all applications
    85.42%

    Orrstown Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.68%

    Orrstown Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,679 $365,375,000 $217,615

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 16 $53,920,000 $3,370,000
    Single Family (1-4 Units):Manufactured 19 $1,265,000 $66,579
    Single Family (1-4 Units):Site-Built 1,644 $310,190,000 $188,680

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 226 $25,810,000 $114,204 $2,370 2.91%
    40-60% 310 $65,560,000 $211,484 $3,133 2.88%
    60-80% 652 $185,980,000 $285,245 $3,487 3.08%
    80-100% 300 $72,560,000 $241,867 $4,220 3.17%
    Over 100% 8 $3,650,000 $456,250 $9,420 3.23%
    Under 20% 182 $11,810,000 $64,890 $669 3.14%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Orrstown Bank 1 Giant Lane Carlisle, PA 17013 Full Service B&M $74,942
    Orrstown Bank 1020 Professional Court Hagerstown, MD 21740 Full Service B&M $51,085
    Orrstown Bank 10283 York Road Cockeysville, MD 21030 Full Service B&M $94,934
    Orrstown Bank 1110 East Simpson Street Mechanicsburg, PA 17055 Full Service B&M $38,069
    Orrstown Bank 12 South Main Street Mercersburg, PA 17236 Full Service B&M $97,411
    Orrstown Bank 121 Lurgan Avenue Shippensburg, PA 17257 Full Service B&M $68,668
    Orrstown Bank 1324 Main Street, Suite 1 East Earl, PA 17519 Full Service B&M $15,422
    Orrstown Bank 1355 Orchard Drive Chambersburg, PA 17201 Full Service B&M $73,905
    Orrstown Bank 1400 Gilbert Way, Suite C-101 Lancaster, PA 17601 Full Service B&M $5,226
    Orrstown Bank 16400 Path Valley Road Spring Run, PA 17262 Full Service B&M $34,943
    Orrstown Bank 1725 Lincoln Highway East Chambersburg, PA 17202 Full Service B&M $51,299
    Orrstown Bank 2098 Spring Valley Rd Lancaster, PA 17601 Full Service B&M $68,117
    Orrstown Bank 22 South Hanover Street Carlisle, PA 17013 Full Service B&M $75,875
    Orrstown Bank 3 Baden Powell Lane Mechanicsburg, PA 17050 Full Service B&M $156,239
    Orrstown Bank 301 West Main Street New Holland, PA 17557 Full Service B&M $32,388
    Orrstown Bank 308 Carolle Street Greencastle, PA 17225 Full Service B&M $96,791
    Orrstown Bank 3580 Orrstown Road Orrstown, PA 17244 Full Service B&M $57,497
    Orrstown Bank 4075 Market Street Camp Hill, PA 17011 Full Service B&M $171,881
    Orrstown Bank 427 Village Drive Carlisle, PA 17015 Full Service B&M $167,796
    Orrstown Bank 4750 Lindle Road Harrisburg, PA 17111 Full Service B&M $88,469
    Orrstown Bank 500 Olde Hickory Road Lancaster, PA 17601 Full Service B&M $18,276
    Orrstown Bank 501 Fairmount Avenue Towson, MD 21286 Full Service B&M $92,826
    Orrstown Bank 5600 Harford Road Baltimore, MD 21214 Full Service B&M $65,267
    Orrstown Bank 566 Lausch Lane Lancaster, PA 17601 Full Service B&M $43,403
    Orrstown Bank 625 Norland Avenue Chambersburg, PA 17201 Full Service B&M $98,101
    Orrstown Bank 77 East King Street Shippensburg, PA 17257 Full Service B&M $165,992
    Orrstown Bank 788 Washington Blvd Baltimore, MD 21230 Full Service B&M $8,673
    Orrstown Bank 8108 Jumpers Hole Road Pasadena, MD 21122 Full Service B&M $64,928
    Orrstown Bank 8216 Philadelphia Road Baltimore, MD 21237 Full Service B&M $37,688
    Orrstown Bank 9050 Baltimore National Pike Ellicott City, MD 21042 Full Service B&M $35,258
    Orrstown Bank 920 Lititz Pike Lititz, PA 17543 Full Service B&M $11,017
    Orrstown Bank Center Square Newport, PA 17074 Full Service B&M $100,119

    For 2020, Orrstown Bank had 32 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $99,631
    Net interest income $85,536
    Total noninterest income $28,102
    Gross Fiduciary activities income $6,792
    Service charges on deposit accounts $2,757
    Trading account gains and fees $0
    Additional Noninterest Income $18,553
    Pre-tax net operating income $37,886
    Securities gains (or losses, -) $0
    Income before extraordinary items $30,714
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $30,714
    Minority interest net income $0
    Net income $30,714
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $30,714

    Orrstown Bank's gross interest income from loans was $99,631,000.
    Orrstown Bank's net interest income from loans was $85,536,000.
    Orrstown Bank's fee based income from loans was $2,757,000.
    Orrstown Bank's net income from loans was $30,714,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $14,095
    Provision for credit losses $5,325
    Total noninterest expense $70,427
    Salaries and employee benefits $43,050
    Premises and equipment expense $10,108
    Additional noninterest expense $17,269
    Applicable income taxes $7,172
    Net charge-offs $-171
    Cash dividends $14,000

    Orrstown Bank's interest expense for loans was $14,095,000.
    Orrstown Bank's payroll and benefits expense were $43,050,000.
    Orrstown Bank's property, plant and equipment expenses $10,108,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 1.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $2,370,842
    Deposits held in domestic offices $2,370,842
    Deposits by Individuals, partnerships, and corporations $2,020,921
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $342,313
    Deposits by Commercial banks and other depository institutions in U.S. $7,608
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $367,177
    Demand deposits $199,590
    Nontransaction accounts $2,003,665
    Money market deposit accounts (MMDAs) $1,431,022
    Other savings deposits (excluding MMDAs) $168,545
    Total time deposits $404,097
    Total time and savings deposits $2,171,252
    Noninterest-bearing deposits $462,495
    Interest-bearing deposits $1,908,347
    Retail deposits $2,307,904
    IRAs and Keogh plan accounts $66,887
    Brokered deposits $1,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,749,743
    Cash & Balances due from depository institutions $125,258
    Interest-bearing balances $99,055
    Total securities $466,343
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,971,273
    Loan and leases loss allowance $20,151
    Trading account assets $690
    Bank premises and fixed assets $35,149
    Other real estate owned $1,072
    Goodwill and other intangibles $26,934
    All other assets $123,024

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,749,743
    Total Liabilities $2,486,399
    Total deposits $2,370,842
    Interest-bearing deposits $1,908,347
    Deposits held in domestic offices $2,370,842
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $19,466
    Trading liabilities $744
    Other borrowed funds $58,045
    Subordinated debt $0
    All other liabilities $37,302

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,971,273
    Loan and leases loss allowance $20,151
    Total loans and leases (domestic) $1,991,424
    All real estate loans $1,321,390
    Real estate loans in domestic offices $1,321,390
    Construction and development loans $61,312
    Residential 1-4 family construction $9,486
    Other construction, all land development and other land $51,826
    Loans secured by nonfarm nonresidential properties $584,475
    Nonfarm nonresidential secured by owner-occupied properties $174,908
    Commercial real estate & other non-farm, non-residential $409,567
    Multifamily residential real estate $113,635
    1-4 family residential loans $537,750
    Farmland loans $24,218
    Loans held in foreign offices $0
    Farm loans $1,655
    Commercial and industrial loans $580,734
    To non-U.S. addressees $0
    Loans to individuals $26,276
    Credit card loans $0
    Related Plans $5,147
    Consumer Auto Loans $19,191
    Other loans to individuals $1,938
    All other loans & leases $61,369
    Loans to foreign governments and official institutions $0
    Other loans $37,084
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $718
    Non 1-4 family restructured loans & leases $28
    Total loans and leases (foreign) $0

    Orrstown Bank had $1,971,273,000 of loans outstanding in 2020. $1,321,390,000 of loans were in real estate loans. $61,312,000 of loans were in development loans. $113,635,000 of loans were in multifamily mortgage loans. $537,750,000 of loans were in 1-4 family mortgage loans. $1,655,000 of loans were in farm loans. $0 of loans were in credit card loans. $19,191,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 453 $115,908 $255,868
    Nonfarm, nonresidential loans - <$100k 57 $2,389 $41,912
    Nonfarm, nonresidential loans - $100-250k 150 $18,060 $120,400
    Nonfarm, nonresidential loans - $250k-1MM 246 $95,459 $388,045
    Commercial & Industrial, US addressed loans - <$1MM 2,733 $200,446 $73,343
    Commercial & Industrial, US addressed loans - <$100k 2,133 $55,794 $26,158
    Commercial & Industrial, US addressed loans - $100-250k 344 $46,593 $135,445
    Commercial & Industrial, US addressed loans - $250k-1MM 256 $98,059 $383,043
    Farmland loans - <$1MM 60 $9,207 $153,450
    Farmland loans - <$100k 9 $417 $46,333
    Farmland loans - $100-250k 22 $2,261 $102,773
    Farmland loans - $250k-1MM 29 $6,529 $225,138
    Agriculture operations loans - <$1MM 34 $908 $26,706
    Agriculture operations loans - <$100k 28 $565 $20,179
    Agriculture operations loans - $100-250k 5 $295 $59,000
    Agriculture operations loans - $250k-1MM 1 $48 $48,000