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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, 2022
Dec. 31, 2021
Dec. 31, 2020
Income      
Other income $ 1,814 $ 750 $ 427
Expenses      
Interest on subordinated notes 2,013 2,009 2,006
Share-based compensation 2,154 1,949 2,092
Provision for legal settlement 13,000 0 0
Income tax benefit 4,579 8,014 6,048
Net income 22,037 32,881 26,463
Orrstown Financial Services, Inc.      
Income      
Dividends from bank subsidiary 27,000 16,000 14,000
Interest income from bank subsidiary 29 25 76
Other income 16 119 62
Total income 27,045 16,144 14,138
Expenses      
Interest on subordinated notes 2,013 2,009 2,006
Share-based compensation 511 433 463
Management fee to bank subsidiary 1,341 1,089 1,254
Provision for legal settlement 13,000 0 0
Other expenses 912 704 1,324
Total expenses 17,777 4,235 5,047
Income before income tax benefit and equity in undistributed income of subsidiaries 9,268 11,909 9,091
Income tax benefit (3,726) (863) (1,022)
Income before equity in undistributed income of subsidiaries 12,994 12,772 10,113
Equity in undistributed income of subsidiaries 9,043 20,109 16,350
Net income $ 22,037 $ 32,881 $ 26,463