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ORRSTOWN FINANCIAL SERVICES, INC. (PARENT COMPANY ONLY) CONDENSED FINANCIAL INFORMATION - Condensed Statements of Income (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income      
Other income $ 427 $ 331 $ 320
Expenses      
Interest on short-term borrowings 85 623 81
Interest on subordinated notes 2,006 1,987 73
Total interest expense 16,024 23,699 13,510
Share-based compensation 2,092 1,586 1,493
Merger related expenses 1,310 8,964 3,197
Income tax benefit 6,048 2,710 1,640
Net income 26,463 16,924 12,805
Orrstown Financial Services, Inc.      
Income      
Dividends from bank subsidiary 14,000 2,000 4,450
Interest income from bank subsidiary 76 257 7
Other income 62 55 102
Total income 14,138 2,312 4,559
Expenses      
Interest on short-term borrowings 0 0 57
Interest on subordinated notes 2,006 1,987 73
Total interest expense 2,006 1,987 130
Share-based compensation 463 236 205
Management fee to bank subsidiary 1,254 1,350 1,042
Merger related expenses 0 1,574 1,545
Other expenses 1,324 802 656
Total expenses 5,047 5,949 3,578
Income (loss) before income tax benefit and equity in undistributed income of subsidiaries 9,091 (3,637) 981
Income tax benefit (1,022) (1,182) (735)
(Loss) income before equity in undistributed income of subsidiaries 10,113 (2,455) 1,716
Equity in undistributed income of subsidiaries 16,350 19,379 11,089
Net income $ 26,463 $ 16,924 $ 12,805