Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
(Rule 13d-102)
(Amendment No. 2)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)1
 
ORRSTOWN FINANCIAL SERVICES, INC
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
687380105
(CUSIP Number)
 
December 31, 2010
(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which
 
this Schedule is filed:
 
 
x Rule 13d-1(b)
 
 
¨ Rule 13d-1(c)
 
 
¨ Rule 13d-1(d)
 
 
1 The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
CUSIP No. 687380105
SCHEDULE 13G
 
 
         
  1)
  
Name and I.R.S. Identification No. of Reporting Person:
 
            Orrstown Financial Services
            Tax Id #
            23-2530374
    
  2)
  
Check the Appropriate Box if a Member of a Group:
(A)  ¨
(B)  ¨
    
  3)
  
SEC Use Only
 
    
  4)
  
Citizenship of Place of Organization
 
             Shippensburg, Pennsylvania 17257
    

     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
  
  5)    Sole Voting Power
 
                67,669
 
  6)    Shared Voting Power
 
                545,248
  7)    Sole Dispositive Power
 
                0
  8)    Shared Dispositive Power
 
                0

         
  9)
  
Aggregate Amount Beneficially Owned by Each Reporting Person:
 
            817,740
    
10)
  
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
 
¨
    
11)
  
Percent of Class Represented by Amount in Row (9):
 
            10.24%
    
12)
  
Type of Reporting Person:
 
            BANK
    
 
 
 
                         
Item 1.
  
(a)
  
Name of Issuer:
 
Orrstown Financial Services, Inc.
  
  
  
  
         
   
(b)
  
Address:
 
77 East King Street
P.O. Box 250
Shippensburg, PA 17257
  
  
  
  
         
Item 2.
  
(a)
  
Name of Person Filing:
 
Orrstown Financial Services, Inc.
  
  
  
  
         
   
(b)
  
Address:
 
77 East King Street
P.O. Box 250
Shippensburg, PA 17257
  
  
  
  
         
   
(c)
  
N/A
  
  
  
  
         
   
(d)
  
Common stock
  
  
  
  
         
   
(e)
  
687380105
  
  
  
  
     
Item 3.
  
Bank
  
  
   
Item 4.
  
Amount Beneficially owned: 817,740 shares of common stock
   
   
Percent of class: 10.24%
       
Item 5.
    
  
N/A
  
  
       
Item 6.
    
  
N/A
  
  
       
Item 7.
    
  
N/A
  
  
       
Item 8.
    
  
N/A
  
  
       
Item 9.
    
  
N/A
  
  
       
Item 10.
   By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
         
 
  
Orrstown Bank
     
Dated: February 4, 2011
  
By:
  
/s/ Barbara E. Brobst
 
  
  
  
Barbara E. Brobst
 
  
  
  
Sr. Vice President