Orrstown Financial Services (FRA:OFR) Deferred Tax : €-0.9 Mil (TTM As of Mar. 2024)

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What is Orrstown Financial Services Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Orrstown Financial Services's change in deferred tax for the three months ended in Mar. 2024 was €0.8 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.9 Mil.

Orrstown Financial Services Deferred Tax Historical Data

The historical data trend for Orrstown Financial Services's Deferred Tax 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 Deferred Tax Chart

Orrstown Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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1.60

-1.62

0.83

-0.56

-0.60

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
Deferred Tax	Get a 7-Day Free Trial															1.17	-0.34	-0.51	-0.91	0.82

Orrstown Financial Services Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.9 Mil.

Orrstown Financial Services Deferred Tax Related Terms

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Orrstown Financial Services (FRA:OFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Orrstown Financial Services Inc (FRA:OFR) » Definitions » Deferred Tax

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Traded in Other Exchanges

ORRF:USA

Address

77 East King Street, P.O. Box 250, Shippensburg, PA, USA, 17257

Website

https://www.orrstown.com

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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