Orrstown Financial Services Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net income of $19,114,000 compared to $2,927,000 a year ago. Diluted earnings per share were $2.36 compared to $0.36 a year ago. Return on average assets was 6.44% compared to 0.99% a year ago. Return on average equity was 69.73% compared to 12.82% a year ago. Net interest income was $8,561,000 compared to $8,513,000 a year ago. Total interest and dividend income was $9,520,000 compared to $9,643,000 a year ago. Net interest income after provision for loan losses was $9,561,000 compared to $10,263,000 a year ago. Income before income tax was $2,958,000 compared to $2,942,000 a year ago.

For the full year, the company reported net income of $29,142,000 compared to $10,004,000 a year ago. Diluted earnings per share were $3.59 compared to $1.24 a year ago. Return on average assets was 2.48% compared to 0.84% a year ago. Return on average equity was 28.78% compared to 11.30% a year ago. Net interest income was $34,024,000 compared to $32,087,000 a year ago. Total interest and dividend income was $38,183,000 compared to $37,098,000 a year ago. Net interest income after provision for loan losses was $37,924,000 compared to $35,237,000 a year ago. Income before income tax was $13,010,000 compared to $9,798,000 a year ago.