SHIPPENSBURG, Pa. (AP) _ Orrstown Financial Services Inc. (ORRF) on Tuesday reported second-quarter profit of $6.4 million.
The bank, based in Shippensburg, Pennsylvania, said it had earnings of 58 cents per share.
The holding company for Orrstown Bank posted revenue of $32.2 million in the period. Its revenue net of interest expense was $28 million, exceeding Street forecasts.
Orrstown shares have dropped 41% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.26, a fall of 36% in the last 12 months.