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

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  • 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 York among others. We have data for 38 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 an 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 3.57% 4/21/24
    30 Year Conventional Purchase 6.60% 4/21/24
    30 Year Conventional Refi 6.62% 4/21/24
    30 Year Cash-out Refi 6.75% 4/21/24
    30 Year FHA Purchase 7.37% 4/21/24
    30 Year VA Purchase 6.31% 4/21/24
    30 Year USDA Purchase 7.03% 4/21/24
    15 Year Conventional Purchase 6.20% 4/21/24
    15 Year Conventional Refi 6.09% 4/21/24
    15 Year Cash-out Refi 6.09% 4/21/24
    15 Year FHA Refi 6.90% 4/21/24
    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

    1,791

    Origination Dollar Volume (All Markets)

    $377,575,000

    Employee count

    421 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) 601 $120,355,000 $200,258 $3,900 2.43%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 481 $69,605,000 $144,709 $3,381 2.31%
    LANCASTER, PA (FHA|USDA|VA) 254 $65,480,000 $257,795 $4,329 2.51%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 170 $49,150,000 $289,118 $3,542 2.27%
    YORK-HANOVER, PA (FHA|USDA|VA) 56 $12,170,000 $217,321 $4,595 2.67%
    READING, PA (FHA|USDA|VA) 42 $11,020,000 $262,381 $5,146 2.73%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 25 $7,415,000 $296,600 $4,708 2.70%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 48 $6,470,000 $134,792 $2,958 2.59%
    LEBANON, PA (FHA|USDA|VA) 27 $5,105,000 $189,074 $3,712 2.83%
    Outside of Metro Areas 16 $4,610,000 $288,125 $4,116 2.99%
    SALISBURY, MD-DE (FHA|USDA|VA) 11 $3,965,000 $360,455 $3,975 3.02%
    GETTYSBURG, PA (FHA|USDA|VA) 12 $3,680,000 $306,667 $4,410 2.71%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 10 $3,310,000 $331,000 $2,961 3.10%
    OCEAN CITY, NJ (FHA|USDA|VA) 3 $2,115,000 $705,000 $4,709 3.04%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $2,055,000 $2,055,000 $0 3.40%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $1,730,000 $865,000 $0 3.83%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $1,060,000 $265,000 $4,441 3.44%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $980,000 $245,000 $3,222 2.94%
    Easton, MD (FHA|USDA|VA) 1 $945,000 $945,000 $5,471 3.63%
    Huntingdon, PA (FHA|USDA|VA) 4 $880,000 $220,000 $4,287 3.47%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $775,000 $775,000 $6,946 3.13%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $755,000 $755,000 $0 4.00%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $675,000 $675,000 $5,107 3.63%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $445,000 $445,000 $3,246 2.50%
    Fort Dodge, IA (FHA|USDA|VA) 1 $445,000 $445,000 $0 3.75%
    Selinsgrove, PA (FHA|USDA|VA) 1 $315,000 $315,000 $4,797 3.75%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $315,000 $315,000 $4,041 2.50%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $265,000 $265,000 $0 3.25%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,122 2.63%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $215,000 $215,000 $2,947 3.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $210,000 $105,000 $3,514 2.56%
    Lewisburg, PA (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $175,000 $175,000 $4,710 2.75%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,825 3.00%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.75%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $95,000 $95,000 $2,955 3.00%
    Sunbury, PA (FHA|USDA|VA) 1 $55,000 $55,000 $2,674 3.63%
    Lewistown, PA (FHA|USDA|VA) 1 $25,000 $25,000 $0 0.99%
    Orrstown Bank's top markets include Harrisburg, Chambersburg, Lancaster, Baltimore, and York among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • North 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 Citizens Community Bank
    Similarity Rank: 135
    BELLCO
    Similarity Rank: 176
    Sail Mortgage Corp.
    Similarity Rank: 360
    Louviers Federal Credit Union
    Similarity Rank: 410
    VISIONS
    Similarity Rank: 468
    BHCU
    Similarity Rank: 504
    POINT BREEZE
    Similarity Rank: 540
    PATRIOT
    Similarity Rank: 540
    Discovery Federal Credit Union
    Similarity Rank: 616
    LEBANON
    Similarity Rank: 720

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,070 $270,280,000 $252,598 $3,750 3.07%
    HELOC 686 $100,370,000 $146,312 n/a 1.46%
    FHA 21 $4,115,000 $195,952 $7,157 2.96%
    USDA 9 $1,585,000 $176,111 $5,547 2.94%
    VA 5 $1,225,000 $245,000 $6,077 2.60%

    For 2021, Orrstown Bank's most frequently originated type of loan was Conventional, with 1,070 originations. Their 2nd most popular type was HELOC, with 686 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 694 $154,050,000 $221,974 $3,317 2.31%
    Home Purchase 435 $120,665,000 $277,391 $4,679 3.18%
    Cash Out Refi 248 $56,870,000 $229,315 $3,712 3.10%
    Home Improvement 210 $21,200,000 $100,952 $2,534 1.48%
    Other 204 $24,790,000 $121,520 $401 1.61%

    For 2021, Orrstown Bank's most frequently cited loan purpose was Refi, with 694 originations. The 2nd most popular reason was Home Purchase, with 435 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,251 $240,805,000 $192,490 $4,109 2.25%
    15 Year 298 $61,760,000 $207,248 $3,323 2.57%
    10 Year 93 $31,065,000 $334,032 $2,910 3.64%
    20 Year 80 $16,680,000 $208,500 $3,345 2.87%
    30+ year 33 $14,545,000 $440,758 $7,018 3.55%
    Other 27 $6,735,000 $249,444 $3,712 3.16%
    5 Year 7 $5,545,000 $792,143 $398 3.71%
    1 Year 1 $175,000 $175,000 $0 4.75%
    3 Year 1 $265,000 $265,000 $0 3.65%

    For 2021, Orrstown Bank's most frequently cited loan duration was 30 Year, with 1,251 originations. The 2nd most popular length was 15 Year, with 298 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 833 $175,585,000 $210,786
    $2k-3k 92 $44,620,000 $485,000
    $1k-2k 81 $15,525,000 $191,667
    $3k-4k 10 $2,490,000 $249,000
    $5k+ 7 $3,675,000 $525,000
    $4k-5k 1 $355,000 $355,000

    Orrstown Bank's average total fees were $4,109, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 833 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 895 $142,735,000 $159,480
    3-4% 461 $136,265,000 $295,586
    2.5-3% 359 $86,225,000 $240,181
    4-5% 68 $11,800,000 $173,529
    5-6% 7 $465,000 $66,429
    7-8% 1 $85,000 $85,000

    During 2021, Orrstown Bank's average interest rate for loans was 2.25%, while their most frequently originated rate bucket for loans was <2.5%, with 895 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 694 $99,070,000 $142,752 $3,340 2.47%
    $200k-400k 509 $139,865,000 $274,784 $4,173 2.61%
    $100,000 or less 408 $24,010,000 $58,848 $2,714 2.05%
    $400k-600k 135 $63,665,000 $471,593 $5,216 2.68%
    $600k-1MM 32 $24,860,000 $776,875 $7,701 3.32%
    $1MM+ 13 $26,105,000 $2,008,077 $8,628 3.29%

    2021 saw Orrstown Bank place emphasis on $100k-200k loans with 694 originations, totaling $99,070,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 404 $78,430,000 $194,134 $3,816 2.40%
    $50k-75k 343 $52,165,000 $152,085 $3,549 2.44%
    $75k-100k 286 $50,430,000 $176,329 $3,748 2.41%
    $150k-250k 272 $66,670,000 $245,110 $4,103 2.35%
    $50k or less 244 $27,270,000 $111,762 $3,389 2.36%
    $250k+ 166 $69,640,000 $419,518 $5,391 2.36%

    Orrstown Bank lent most frequently to those with incomes in the $100k-150k range, with 404 originations. The second most popular income band? $50k-75k, with 343 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 494 $92,300,000 $186,842 $3,667 2.39%
    30-36% 307 $59,705,000 $194,479 $3,853 2.40%
    <20% 282 $57,110,000 $202,518 $3,537 2.27%
    42% 100 $15,620,000 $156,200 $4,031 1.96%
    41% 67 $13,765,000 $205,448 $4,091 2.37%
    40% 62 $11,760,000 $189,677 $4,067 2.45%
    36% 58 $11,490,000 $198,103 $4,071 2.52%
    38% 41 $10,115,000 $246,707 $4,160 2.47%
    >60% 39 $8,305,000 $212,949 $3,589 1.77%
    39% 39 $7,575,000 $194,231 $3,673 2.23%
    37% 38 $8,130,000 $213,947 $4,117 2.44%
    43% 38 $9,500,000 $250,000 $3,839 2.72%
    44% 32 $7,720,000 $241,250 $4,088 2.92%
    46% 24 $6,780,000 $282,500 $5,091 2.72%
    47% 23 $5,545,000 $241,087 $3,890 2.59%
    45% 22 $4,860,000 $220,909 $3,786 3.28%
    50-60% 19 $4,115,000 $216,579 $5,491 1.90%
    49% 15 $4,395,000 $293,000 $5,390 2.84%
    48% 10 $3,300,000 $330,000 $4,116 3.00%

    Orrstown Bank lent most frequently to those with DTI ratios of 20-30%, with 494 originations. The next most common DTI ratio? 30-36%, with 307 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,534 $306,210,000 $199,615 $3,822 2.39%
    Not applicable 60 $29,500,000 $491,667 $0 4.07%
    Not provided 127 $28,015,000 $220,591 $3,999 2.44%
    Asian 41 $9,025,000 $220,122 $4,015 2.33%
    Black 22 $3,540,000 $160,909 $4,162 2.76%
    Asian Indian 3 $385,000 $128,333 $0 1.32%
    Other Asian 1 $315,000 $315,000 $4,013 3.25%
    American Indian 2 $300,000 $150,000 $0 2.43%
    Chinese 1 $285,000 $285,000 $0 0.99%

    Approval Rates

    Total approvals of all applications
    84.66%

    Orrstown Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    90.51%

    Orrstown Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,791 $377,575,000 $210,818

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,791 $377,575,000 $210,818

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 272 $34,430,000 $126,581 $2,905 1.74%
    40-60% 341 $72,525,000 $212,683 $3,332 2.36%
    60-80% 657 $176,205,000 $268,196 $3,894 2.83%
    80-100% 314 $82,110,000 $261,497 $4,505 2.88%
    Over 100% 1 $325,000 $325,000 $5,535 3.38%
    Under 20% 205 $11,815,000 $57,634 $1,300 1.66%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Orrstown Bank 1 Giant Lane Carlisle, PA 17013 Full Service B&M $188,184
    Orrstown Bank 1020 Professional Court Hagerstown, MD 21740 Full Service B&M $48,550
    Orrstown Bank 10283 York Road Cockeysville, MD 21030 Full Service B&M $225,656
    Orrstown Bank 1110 East Simpson Street Mechanicsburg, PA 17055 Full Service B&M $55,648
    Orrstown Bank 12 South Main Street Mercersburg, PA 17236 Full Service B&M $104,591
    Orrstown Bank 121 Lurgan Avenue Shippensburg, PA 17257 Full Service B&M $76,296
    Orrstown Bank 1324 Main Street, Suite 1 East Earl, PA 17519 Full Service B&M $19,235
    Orrstown Bank 1355 Orchard Drive Chambersburg, PA 17201 Full Service B&M $88,579
    Orrstown Bank 15 N 2nd St, Center Square Newport, PA 17074 Full Service B&M $102,992
    Orrstown Bank 16400 Path Valley Road Spring Run, PA 17262 Full Service B&M $40,110
    Orrstown Bank 1725 Lincoln Highway East Chambersburg, PA 17202 Full Service B&M $63,102
    Orrstown Bank 3 Baden Powell Lane Mechanicsburg, PA 17050 Full Service B&M $133,002
    Orrstown Bank 301 West Main Street New Holland, PA 17557 Full Service B&M $50,887
    Orrstown Bank 308 Carolle Street Greencastle, PA 17225 Full Service B&M $109,883
    Orrstown Bank 3580 Orrstown Road Orrstown, PA 17244 Full Service B&M $66,017
    Orrstown Bank 4075 Market Street Camp Hill, PA 17011 Full Service B&M $204,930
    Orrstown Bank 427 Village Drive Carlisle, PA 17015 Full Service B&M $172,140
    Orrstown Bank 4750 Lindle Road Harrisburg, PA 17111 Full Service B&M $85,360
    Orrstown Bank 500 Olde Hickory Road Lancaster, PA 17601 Full Service B&M $30,274
    Orrstown Bank 566 Lausch Lane Lancaster, PA 17601 Full Service B&M $142,040
    Orrstown Bank 625 Norland Avenue Chambersburg, PA 17201 Full Service B&M $101,925
    Orrstown Bank 77 East King Street Shippensburg, PA 17257 Full Service B&M $182,374
    Orrstown Bank 8108 Jumpers Hole Road Pasadena, MD 21122 Full Service B&M $67,330
    Orrstown Bank 8216 Philadelphia Road Baltimore, MD 21237 Full Service B&M $102,063
    Orrstown Bank 9050 Baltimore National Pike Ellicott City, MD 21042 Full Service B&M $32,203
    Orrstown Bank 920 Lititz Pike Lititz, PA 17543 Full Service B&M $17,814

    For 2021, Orrstown Bank had 26 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $93,693
    Net interest income $88,953
    Total noninterest income $28,488
    Gross Fiduciary activities income $7,896
    Service charges on deposit accounts $2,876
    Trading account gains and fees $281
    Additional Noninterest Income $17,435
    Pre-tax net operating income $44,396
    Securities gains (or losses, -) $609
    Income before extraordinary items $36,128
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $36,128
    Minority interest net income $0
    Net income $36,128
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $35,640

    Orrstown Bank's gross interest income from loans was $93,693,000.
    Orrstown Bank's net interest income from loans was $88,953,000.
    Orrstown Bank's fee based income from loans was $2,876,000.
    Orrstown Bank's net income from loans was $36,128,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,740
    Provision for credit losses $1,090
    Total noninterest expense $71,955
    Salaries and employee benefits $44,002
    Premises and equipment expense $9,755
    Additional noninterest expense $18,198
    Applicable income taxes $8,877
    Net charge-offs $61
    Cash dividends $16,000

    Orrstown Bank's interest expense for loans was $4,740,000.
    Orrstown Bank's payroll and benefits expense were $44,002,000.
    Orrstown Bank's property, plant and equipment expenses $9,755,000.

    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 0.0%
    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 $2,485,625
    Deposits held in domestic offices $2,485,625
    Deposits by Individuals, partnerships, and corporations $2,132,406
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $347,166
    Deposits by Commercial banks and other depository institutions in U.S. $6,053
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $371,696
    Demand deposits $371,696
    Nontransaction accounts $2,113,929
    Money market deposit accounts (MMDAs) $1,586,723
    Other savings deposits (excluding MMDAs) $216,943
    Total time deposits $310,264
    Total time and savings deposits $2,113,929
    Noninterest-bearing deposits $558,933
    Interest-bearing deposits $1,926,692
    Retail deposits $2,440,604
    IRAs and Keogh plan accounts $59,819
    Brokered deposits $1,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,834,012
    Cash & Balances due from depository institutions $208,959
    Interest-bearing balances $187,742
    Total securities $472,039
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,967,674
    Loan and leases loss allowance $21,180
    Trading account assets $764
    Bank premises and fixed assets $44,561
    Other real estate owned $321
    Goodwill and other intangibles $26,943
    All other assets $112,751

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,834,012
    Total Liabilities $2,549,436
    Total deposits $2,485,625
    Interest-bearing deposits $1,926,692
    Deposits held in domestic offices $2,485,625
    % insured (estimated) $78
    Federal funds purchased and repurchase agreements $23,301
    Trading liabilities $758
    Other borrowed funds $1,896
    Subordinated debt $0
    All other liabilities $37,856

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,967,674
    Loan and leases loss allowance $21,180
    Total loans and leases (domestic) $1,988,854
    All real estate loans $1,495,338
    Real estate loans in domestic offices $1,495,338
    Construction and development loans $107,855
    Residential 1-4 family construction $13,930
    Other construction, all land development and other land $93,925
    Loans secured by nonfarm nonresidential properties $790,451
    Nonfarm nonresidential secured by owner-occupied properties $238,668
    Commercial real estate & other non-farm, non-residential $551,783
    Multifamily residential real estate $93,255
    1-4 family residential loans $478,946
    Farmland loans $24,831
    Loans held in foreign offices $0
    Farm loans $1,195
    Commercial and industrial loans $421,149
    To non-U.S. addressees $0
    Loans to individuals $17,513
    Credit card loans $0
    Related Plans $5,865
    Consumer Auto Loans $10,114
    Other loans to individuals $1,534
    All other loans & leases $53,659
    Loans to foreign governments and official institutions $0
    Other loans $37,257
    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 $713
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Orrstown Bank had $1,967,674,000 of loans outstanding in 2021. $1,495,338,000 of loans were in real estate loans. $107,855,000 of loans were in development loans. $93,255,000 of loans were in multifamily mortgage loans. $478,946,000 of loans were in 1-4 family mortgage loans. $1,195,000 of loans were in farm loans. $0 of loans were in credit card loans. $10,114,000 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 449 $122,668 $273,203
    Nonfarm, nonresidential loans - <$100k 48 $2,149 $44,771
    Nonfarm, nonresidential loans - $100-250k 139 $16,541 $119,000
    Nonfarm, nonresidential loans - $250k-1MM 262 $103,978 $396,863
    Commercial & Industrial, US addressed loans - <$1MM 2,290 $118,997 $51,964
    Commercial & Industrial, US addressed loans - <$100k 1,918 $35,855 $18,694
    Commercial & Industrial, US addressed loans - $100-250k 198 $26,859 $135,652
    Commercial & Industrial, US addressed loans - $250k-1MM 174 $56,283 $323,466
    Farmland loans - <$1MM 50 $7,231 $144,620
    Farmland loans - <$100k 8 $373 $46,625
    Farmland loans - $100-250k 20 $2,166 $108,300
    Farmland loans - $250k-1MM 22 $4,692 $213,273
    Agriculture operations loans - <$1MM 26 $1,195 $45,962
    Agriculture operations loans - <$100k 22 $606 $27,545
    Agriculture operations loans - $100-250k 3 $232 $77,333
    Agriculture operations loans - $250k-1MM 1 $357 $357,000