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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, 2019
Dec. 31, 2018
Dec. 31, 2017
Income      
Other income $ 331 $ 320 $ 190
Expenses      
Interest on short-term borrowings 623 1,577 784
Interest on subordinated notes 1,987 73 0
Total interest expense 23,699 13,511 7,644
Share-based compensation 1,586 1,493 1,386
Merger related and branch consolidation expenses 8,964 3,197 0
Income tax benefit 2,710 1,640 4,338
Net income 16,924 12,805 8,090
Consolidated      
Income      
Dividends from subsidiaries 2,000 4,450 0
Interest income subsidiary from bank subsidiary 257 7 15
Other income 55 102 61
Total income 2,312 4,559 76
Expenses      
Interest on short-term borrowings 0 57 0
Interest on subordinated notes 1,987 73 0
Total interest expense 1,987 130 0
Share-based compensation 236 205 247
Management fee to bank subsidiary 1,350 1,042 501
Merger related and branch consolidation expenses 1,574 1,545 0
Other expenses 802 656 1,116
Total expenses 5,949 3,578 1,864
Income (loss) before income tax benefit and equity in undistributed income of subsidiaries (3,637) 981 (1,788)
Income tax benefit (1,182) (735) (596)
Income (loss) before equity in undistributed income of subsidiaries (2,455) 1,716 (1,192)
Equity in undistributed income of subsidiaries 19,379 11,089 9,282
Net income $ 16,924 $ 12,805 $ 8,090