XML 34 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

6 Months Ended

Jun. 30, 2018

Receivables [Abstract]

Summary of Loan Portfolio, Excluding Residential Loans Held for Sale, Broken Out by Classes

The following table presents the loan portfolio by segment and class, excluding residential LHFS, at June 30, 2018 and December 31, 2017.

(Dollars in thousands)	June 30, 2018				December 31, 2017
Commercial real estate:
Owner occupied	$	119,507			$	116,811
Non-owner occupied	244,058				244,491
Multi-family	58,575				53,634
Non-owner occupied residential	84,009				77,980
Acquisition and development:
1-4 family residential construction	8,801				11,730
Commercial and land development	38,773				19,251
Commercial and industrial	130,280				115,663
Municipal	39,753				42,065
Residential mortgage:
First lien	167,499				162,509
Home equity - term	11,313				11,784
Home equity - lines of credit	132,528				132,192
Installment and other loans	28,787				21,902
	$	1,063,883			$	1,010,012

Bank's Ratings Based on its Internal Risk Rating System

The following table summarizes the Company’s loan portfolio ratings based on its internal risk rating system at June 30, 2018 and December 31, 2017.

(Dollars in thousands)	Pass				Special Mention				Non-Impaired Substandard				Impaired - Substandard				Doubtful				Total
June 30, 2018
Commercial real estate:
Owner occupied	$	115,202			$	1,978			$	1,139			$	1,188			$	0			$	119,507
Non-owner occupied	239,622				0				4,436				0				0				244,058
Multi-family	52,263				5,429				735				148				0				58,575
Non-owner occupied residential	81,864				638				1,162				345				0				84,009
Acquisition and development:
1-4 family residential construction	8,600				0				0				201				0				8,801
Commercial and land development	38,149				28				596				0				0				38,773
Commercial and industrial	128,011				1,946				0				323				0				130,280
Municipal	39,753				0				0				0				0				39,753
Residential mortgage:
First lien	164,256				0				0				3,243				0				167,499
Home equity - term	11,294				0				0				19				0				11,313
Home equity - lines of credit	131,705				78				59				686				0				132,528
Installment and other loans	28,786				0				0				1				0				28,787
	$	1,039,505			$	10,097			$	8,127			$	6,154			$	0			$	1,063,883
December 31, 2017
Commercial real estate:
Owner occupied	$	113,240			$	413			$	1,921			$	1,237			$	0			$	116,811
Non-owner occupied	235,919				0				4,507				4,065				0				244,491
Multi-family	48,603				4,113				753				165				0				53,634
Non-owner occupied residential	76,373				142				1,084				381				0				77,980
Acquisition and development:
1-4 family residential construction	11,238				0				0				492				0				11,730
Commercial and land development	18,635				5				611				0				0				19,251
Commercial and industrial	113,162				2,151				0				350				0				115,663
Municipal	42,065				0				0				0				0				42,065
Residential mortgage:
First lien	158,673				0				0				3,836				0				162,509
Home equity - term	11,762				0				0				22				0				11,784
Home equity - lines of credit	131,585				80				60				467				0				132,192
Installment and other loans	21,891				0				0				11				0				21,902
	$	983,146			$	6,904			$	8,936			$	11,026			$	0			$	1,010,012

Impaired Loans by Class

The following table summarizes impaired loans by segment and class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required at June 30, 2018 and December 31, 2017. The recorded investment in loans excludes accrued interest receivable due to insignificance. Related allowances established generally pertain to those loans in which loan forbearance agreements were in the process of being negotiated or updated appraisals were pending, and any partial charge-off will be recorded when final information is received.

	Impaired Loans with a Specific Allowance												Impaired Loans with No Specific Allowance
(Dollars in thousands)	Recorded Investment (Book Balance)				Unpaid Principal Balance (Legal Balance)				Related Allowance				Recorded Investment (Book Balance)				Unpaid Principal Balance (Legal Balance)
June 30, 2018
Commercial real estate:
Owner occupied	$	0			$	0			$	0			$	1,188			$	2,484
Multi-family	0				0				0				148				344
Non-owner occupied residential	0				0				0				345				650
Acquisition and development:
1-4 family residential construction	0				0				0				201				201
Commercial and industrial	0				0				0				323				481
Residential mortgage:
First lien	816				816				39				2,427				4,001
Home equity - term	0				0				0				19				24
Home equity - lines of credit	0				0				0				686				930
Installment and other loans	0				0				0				1				33
	$	816			$	816			$	39			$	5,338			$	9,148
December 31, 2017
Commercial real estate:
Owner occupied	$	0			$	0			$	0			$	1,237			$	2,479
Non-owner occupied	0				0				0				4,065				4,856
Multi-family	0				0				0				165				352
Non-owner occupied residential	0				0				0				381				669
Acquisition and development:
1-4 family residential construction	0				0				0				492				492
Commercial and industrial	0				0				0				350				495
Residential mortgage:
First lien	872				872				42				2,964				3,706
Home equity - term	0				0				0				22				27
Home equity - lines of credit	0				0				0				467				628
Installment and other loans	9				9				9				2				33
	$	881			$	881			$	51			$	10,145			$	13,737

Average Recorded Investment in Impaired Loans and Related Interest Income

The following table summarize the average recorded investment in impaired loans and related recognized interest income for the three and six months ended June 30, 2018 and 2017.

	2018								2017
(Dollars in thousands)	Average Impaired Balance				Interest Income Recognized				Average Impaired Balance				Interest Income Recognized
Three Months Ended June 30,
Commercial real estate:
Owner-occupied	$	1,233			$	0			$	979			$	5
Non-owner occupied	2,960				0				0				0
Multi-family	153				0				186				0
Non-owner occupied residential	356				0				427				0
Acquisition and development:
1-4 family residential construction	201				0				0				0
Commercial and industrial	330				0				404				0
Residential mortgage:
First lien	3,310				14				4,192				21
Home equity – term	20				0				78				0
Home equity - lines of credit	667				1				503				1
Installment and other loans	5				0				6				0
	$	9,235			$	15			$	6,775			$	27
Six Months Ended June 30,
Commercial real estate:
Owner occupied	$	1,233			$	1			$	1,036			$	5
Non-owner occupied	3,421				0				276				0
Multi-family	157				0				191				0
Non-owner occupied residential	364				0				437				0
Acquisition and development:
1-4 family residential construction	250				0				0				0
Commercial and industrial	336				0				458				0
Residential mortgage:
First lien	3,538				29				4,272				29
Home equity - term	20				0				87				0
Home equity - lines of credit	589				1				513				1
Installment and other loans	8				0				6				0
	$	9,916			$	31			$	7,276			$	35

Troubled Debt Restructurings

The following table presents impaired loans that are TDRs, with the recorded investment at June 30, 2018 and December 31, 2017.

	June 30, 2018							December 31, 2017
(Dollars in thousands)	Number of Contracts			Recorded Investment				Number of Contracts			Recorded Investment
Accruing:
Commercial real estate:
Owner occupied	1			$	44			1			$	52
Residential mortgage:
First lien	11			1,086				11			1,102
Home equity - lines of credit	1			26				1			29
	13			1,156				13			1,183
Nonaccruing:
Commercial real estate:
Owner occupied	1			42				1			57
Residential mortgage:
First lien	8			687				8			715
Installment and other loans	1			1				1			3
	10			730				10			775
	23			$	1,886			23			$	1,958

Number of Loans Modified and Their Pre-Modification and Post-Modification Investment Balances

The following table presents the number of loans modified, and their pre-modification and post-modification investment balances.

	2018											2017
(Dollars in thousands)	Number of Contracts			Pre- Modification Recorded Investment				Post Modification Recorded Investment				Number of Contracts			Pre- Modification Recorded Investment				Post Modification Recorded Investment
Three Months Ended June 30,
Commercial real estate:
Owner-occupied	0			$	0			$	0			1			$	56			$	56
Six Months Ended June 30,
Commercial real estate:
Owner occupied	0			$	0			$	0			2			$	119			$	119

Loan Portfolio Summarized by Aging Categories of Performing Loans and Nonaccrual Loans

The following table presents the classes of loan portfolio summarized by aging categories of performing loans and nonaccrual loans at June 30, 2018 and December 31, 2017.

					Days Past Due
(Dollars in thousands)	Current				30-59				60-89				90+ (still accruing)				Total Past Due				Non- Accrual				Total Loans
June 30, 2018
Commercial real estate:
Owner occupied	$	118,363			$	0			$	0			$	0			$	0			$	1,144			$	119,507
Non-owner occupied	244,058				0				0				0				0				0				244,058
Multi-family	58,427				0				0				0				0				148				58,575
Non-owner occupied residential	83,523				141				0				0				141				345				84,009
Acquisition and development:
1-4 family residential construction	8,600				0				0				0				0				201				8,801
Commercial and land development	38,773				0				0				0				0				0				38,773
Commercial and industrial	129,957				0				0				0				0				323				130,280
Municipal	39,753				0				0				0				0				0				39,753
Residential mortgage:
First lien	164,330				632				380				0				1,012				2,157				167,499
Home equity - term	11,264				30				0				0				30				19				11,313
Home equity - lines of credit	131,236				632				0				0				632				660				132,528
Installment and other loans	28,744				35				7				0				42				1				28,787
	$	1,057,028			$	1,470			$	387			$	0			$	1,857			$	4,998			$	1,063,883
December 31, 2017
Commercial real estate:
Owner occupied	$	115,605			$	4			$	17			$	0			$	21			$	1,185			$	116,811
Non-owner occupied	240,426				0				0				0				0				4,065				244,491
Multi-family	53,469				0				0				0				0				165				53,634
Non-owner occupied residential	77,454				145				0				0				145				381				77,980
Acquisition and development:
1-4 family residential construction	11,238				0				0				0				0				492				11,730
Commercial and land development	19,226				25				0				0				25				0				19,251
Commercial and industrial	115,312				1				0				0				1				350				115,663
Municipal	42,065				0				0				0				0				0				42,065
Residential mortgage:
First lien	155,387				3,333				1,055				0				4,388				2,734				162,509
Home equity - term	11,753				9				0				0				9				22				11,784
Home equity - lines of credit	131,208				474				72				0				546				438				132,192
Installment and other loans	21,749				141				1				0				142				11				21,902
	$	994,892			$	4,132			$	1,145			$	0			$	5,277			$	9,843			$	1,010,012

Activity in Allowance for Loan Losses

The following table presents the activity in the ALL for the three and six months ended June 30, 2018 and 2017.

	Commercial																				Consumer
(Dollars in thousands)	Commercial Real Estate				Acquisition and Development				Commercial and Industrial				Municipal				Total				Residential Mortgage				Installment and Other				Total				Unallocated				Total
Three Months Ended
June 30, 2018
Balance, beginning of period	$	6,770			$	510			$	1,590			$	83			$	8,953			$	3,382			$	204			$	3,586			$	461			$	13,000
Provision for loan losses	(418		)		208				8				(3		)		(205		)		237				44				281				124				200
Charge-offs	0				0				0				0				0				(86		)		(47		)		(133		)		0				(133		)
Recoveries	328				2				0				0				330				11				29				40				0				370
Balance, end of period	$	6,680			$	720			$	1,598			$	80			$	9,078			$	3,544			$	230			$	3,774			$	585			$	13,437
June 30, 2017
Balance, beginning of period	$	6,963			$	513			$	1,218			$	106			$	8,800			$	3,229			$	127			$	3,356			$	512			$	12,668
Provision for loan losses	(214		)		65				69				11				(69		)		198				13				211				(42		)		100
Charge-offs	0				0				0				0				0				(51		)		(27		)		(78		)		0				(78		)
Recoveries	28				1				4				0				33				10				18				28				0				61
Balance, end of period	$	6,777			$	579			$	1,291			$	117			$	8,764			$	3,386			$	131			$	3,517			$	470			$	12,751
Six Months Ended
June 30, 2018
Balance, beginning of period	$	6,763			$	417			$	1,446			$	84			$	8,710			$	3,400			$	211			$	3,611			$	475			$	12,796
Provision for loan losses	(411		)		300				152				(4		)		37				202				51				253				110				400
Charge-offs	0				0				0				0				0				(86		)		(118		)		(204		)		0				(204		)
Recoveries	328				3				0				0				331				28				86				114				0				445
Balance, end of period	$	6,680			$	720			$	1,598			$	80			$	9,078			$	3,544			$	230			$	3,774			$	585			$	13,437
June 30, 2017
Balance, beginning of period	$	7,530			$	580			$	1,074			$	54			$	9,238			$	2,979			$	144			$	3,123			$	414			$	12,775
Provision for loan losses	(738		)		(3		)		267				63				(411		)		441				14				455				56				100
Charge-offs	(45		)		0				(55		)		0				(100		)		(51		)		(56		)		(107		)		0				(207		)
Recoveries	30				2				5				0				37				17				29				46				0				83
Balance, end of period	$	6,777			$	579			$	1,291			$	117			$	8,764			$	3,386			$	131			$	3,517			$	470			$	12,751

Summary of Ending Loan Balances Individually Evaluated for Impairment Based on Loan Segment

The following table summarizes the ending loan balance individually evaluated for impairment based upon loan segment, as well as the related ALL loss allocation for each at June 30, 2018 and December 31, 2017:

	Commercial																				Consumer
(Dollars in thousands)	Commercial Real Estate				Acquisition and Development				Commercial and Industrial				Municipal				Total				Residential Mortgage				Installment and Other				Total				Unallocated				Total
June 30, 2018
Loans allocated by:
Individually evaluated for impairment	$	1,681			$	201			$	323			$	0			$	2,205			$	3,948			$	1			$	3,949			$	0			$	6,154
Collectively evaluated for impairment	504,468				47,373				129,957				39,753				721,551				307,392				28,786				336,178				0				1,057,729
	$	506,149			$	47,574			$	130,280			$	39,753			$	723,756			$	311,340			$	28,787			$	340,127			$	0			$	1,063,883
ALL allocated by:
Individually evaluated for impairment	$	0			$	0			$	0			$	0			$	0			$	39			$	0			$	39			$	0			$	39
Collectively evaluated for impairment	6,680				720				1,598				80				9,078				3,505				230				3,735				585				13,398
	$	6,680			$	720			$	1,598			$	80			$	9,078			$	3,544			$	230			$	3,774			$	585			$	13,437
December 31, 2017
Loans allocated by:
Individually evaluated for impairment	$	5,848			$	492			$	350			$	0			$	6,690			$	4,325			$	11			$	4,336			$	0			$	11,026
Collectively evaluated for impairment	487,068				30,489				115,313				42,065				674,935				302,160				21,891				324,051				0				998,986
	$	492,916			$	30,981			$	115,663			$	42,065			$	681,625			$	306,485			$	21,902			$	328,387			$	0			$	1,010,012
ALL allocated by:
Individually evaluated for impairment	$	0			$	0			$	0			$	0			$	0			$	42			$	9			$	51			$	0			$	51
Collectively evaluated for impairment	6,763				417				1,446				84				8,710				3,358				202				3,560				475				12,745
	$	6,763			$	417			$	1,446			$	84			$	8,710			$	3,400			$	211			$	3,611			$	475			$	12,796

X

- Definition

Impaired Financing Receivable Average Recorded Investment And Recognized Interest Income Table [Text Block]

+ References

No definition available.

+ Details

Name:	orrf_ImpairedFinancingReceivableAverageRecordedInvestmentAndRecognizedInterestIncomeTableTableTextBlock
Namespace Prefix:	orrf_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Allowance For Loan And Lease Losses Table [Text Block]

+ References

No definition available.

+ Details

Name:	orrf_ScheduleOfAllowanceForLoanAndLeaseLossesTableTextBlock
Namespace Prefix:	orrf_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Financing Receivable Modifications Table [Text Block]

+ References

No definition available.

+ Details

Name:	orrf_ScheduleOfFinancingReceivableModificationsTableTextBlock
Namespace Prefix:	orrf_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953659-111524

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=82894031&loc=SL6953803-111525

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953401-111524

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953676-111524

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953682-111524

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration