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Orrstown Financial Services (FRA:OFR) Allowance For Loans And Lease Losses : €-26.8 Mil (As of Mar. 2024)


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What is Orrstown Financial Services Allowance For Loans And Lease Losses?

Orrstown Financial Services's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-26.8 Mil.

Orrstown Financial Services's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-26.5 Mil) to Dec. 2023 (€-26.3 Mil) but then declined from Dec. 2023 (€-26.3 Mil) to Mar. 2024 (€-26.8 Mil).

Orrstown Financial Services's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-18.7 Mil) to Dec. 2022 (€-23.8 Mil) and declined from Dec. 2022 (€-23.8 Mil) to Dec. 2023 (€-26.3 Mil).


Orrstown Financial Services Allowance For Loans And Lease Losses Historical Data

The historical data trend for Orrstown Financial Services's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Orrstown Financial Services Allowance For Loans And Lease Losses Chart

Orrstown Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.19 -16.56 -18.74 -23.77 -26.32

Orrstown Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.49 -26.20 -26.50 -26.32 -26.83

Orrstown Financial Services Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Orrstown Financial Services Allowance For Loans And Lease Losses Related Terms

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Orrstown Financial Services (FRA:OFR) Business Description

Traded in Other Exchanges
Address
77 East King Street, P.O. Box 250, Shippensburg, PA, USA, 17257
Orrstown Financial Services Inc is a holding company engaged in commercial banking and trust business, this involves accepting demand, time and savings deposits, and granting loans. It is also engaged in lending services for commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending. Deposit services include checking, savings, time, and money market deposits. It also provides investment and brokerage services through its Financial Advisors division. The company operates in a significant segment - Community Banking.

Orrstown Financial Services (FRA:OFR) Headlines

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