UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 09/30/2009
Check here if Amendment [_]; Amendment Number:
------------
This Amendment (Check only one.); [_] is a restatement,
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report: Ort & Co. (Nominee Name)
Name: Orrstown Financial Services, Inc.
Address: P.O. Box 250
77 E. King Street
Shippensburg, PA 17257
Form 13F File Number: 28-13107
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Christopher J. Jackson
Title: Vice President & Portfolio Manager
Phone: 717-530-2655
Signature, Place, and Date of Signing:
/s/ Christopher J. Jackson Shippensburg, PA 10/20/2009
-------------------------- ---------------- ----------
Signature [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 389
Form 13F Information Table Value Total: 95647
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 1
Below is a list of the equity securities that you have flagged on your Charlotte
files as "13 F Securities" with a "13 F Investment Discretion" of SOLE or
SHARED. Securities are listed by Security Type and in CUSIP number order within
each Security Type. Security positions with an Investment Discretion of NONE,
and Security Types 01-06, 12, 15, 16, 18-22, 25-27 and 34-37 are not included in
this report.
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
AGWAY INC AG1987993 0 1 SH SOLE 1 0 0
CV CO-OP ASSOCIATION CVC675997 0 18 SH SOLE 18 0 0
ENERGY XXI (BERMUDA) LTD COM SHS G10082108 2 1500 SH SOLE 1500 0 0
CHINA YUCHAI INTERNATIONAL LTD G21082105 4 400 SH SOLE 400 0 0
COVIDIEN PLC SHS G2554F105 6 147 SH SOLE 147 0 0
GARMIN LTD ORD G37260109 108 2850 SH SOLE 2850 0 0
INGERSOLL-RAND PLC SHS G47791101 40 1300 SH SOLE 1300 0 0
INGERSOLL-RAND PLC SHS G47791101 6 200 SH DEFINED 200 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 5 300 SH SOLE 300 0 0
WEATHERFORD INTERNATIONAL LT REG H27013103 9 451 SH SOLE 451 0 0
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 1015 26750 SH SOLE 26750 0 0
TRANSOCEAN LTD ZUG NAMEN AKT H8817H100 696 8136 SH SOLE 8136 0 0
TYCO ELECTRONICS LTD SWITZER SHS H8912P106 22 997 SH SOLE 997 0 0
TYCO INTERNATIONAL LTD SHS H89128104 17 497 SH SOLE 497 0 0
UNILIFE MEDICAL SOLUTIONS LT SHS Q9309F107 23 20000 SH SOLE 20000 0 0
DHT MARITIME INC COM Y2065G105 3 700 SH DEFINED 700 0 0
DRYSHIPS INC Y2109Q101 1 200 SH SOLE 200 0 0
GENERAL MARITIME CORP NEW SHS Y2693R101 2 268 SH DEFINED 268 0 0
ACNB CORP COM 000868109 36 2789 SH SOLE 2789 0 0
AFLAC INC COM 001055102 6 150 SH SOLE 150 0 0
AT&T INC COM 00206R102 852 31540 SH SOLE 31540 0 0
AT&T INC COM 00206R102 57 2100 SH DEFINED 2100 0 0
ABBOTT LABS COM 002824100 1023 20678 SH SOLE 20678 0 0
ACTIVISION BLIZZARD INC COM 00507V109 67 5400 SH SOLE 5400 0 0
ADAMS EXPRESS CO COM 006212104 54 5576 SH SOLE 5576 0 0
ADOBE SYS INC COM 00724F101 12 361 SH SOLE 361 0 0
AETNA INC NEW COM 00817Y108 19 680 SH SOLE 680 0 0
ALCATEL-LUCENT SPONSORED ADR 013904305 0 92 SH SOLE 92 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 52 1500 SH SOLE 1500 0 0
ALLERGAN INC COM 018490102 11 188 SH SOLE 188 0 0
ALLIED IRISH BKS P L C SPON ADR ORD 019228402 2452 260289 SH SOLE 260289 0 0
ALLSTATE CORP COM 020002101 31 1000 SH SOLE 1000 0 0
ALTERA CORP COM 021441100 9 437 SH SOLE 437 0 0
ALTRIA GROUP INC COM 02209S103 222 12444 SH SOLE 12444 0 0
AMERICAN CAP LTD COM 02503Y103 7 2274 SH SOLE 2274 0 0
AMERICAN ELECTRIC CO 025537101 101 3270 SH SOLE 3270 0 0
AMERICAN VANGUARD CORP COM 030371108 959 115400 SH SOLE 115200 200 0
AMERICAN VANGUARD CORP COM 030371108 3 400 SH DEFINED 400 0 0
AMPHENOL CORP NEW CL A 032095101 12 319 SH SOLE 319 0 0
ANALOG DEVICES INC COM 032654105 7 250 SH SOLE 250 0 0
A123 SYS INC COM 03739T108 2 100 SH SOLE 100 0 0
APACHE CORP COM 037411105 877 9551 SH SOLE 9551 0 0
APACHE CORP COM 037411105 9 100 SH DEFINED 100 0 0
APPLE INC COM 037833100 147 792 SH SOLE 792 0 0
APPLIED DEVELOPMENT HLDGS LTADR 038173100 1 2000 SH SOLE 2000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 12 400 SH SOLE 400 0 0
ATMOS ENERGY CORP COM 049560105 120 4275 SH SOLE 4275 0 0
----- ------ ------ --- ---
TOTAL FOR PAGE 1 9119 549070 548870 200 0
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 2
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
AUTODESK INC 052769106 11 445 SH SOLE 445 0 0
AVANIR PHARMACEUTICALS CL A NEW 05348P401 0 75 SH SOLE 75 0 0
AXCELIS TECHNOLOGIES INC COM 054540109 1 530 SH SOLE 530 0 0
BAC CAP 7% 8/15/32 05518E202 17 800 SH SOLE 800 0 0
BK AM 7% 2/1/32 055188205 30 1400 SH SOLE 1400 0 0
BP AMOCO P L C SPONSORED ADR 055622104 2024 38032 SH SOLE 38032 0 0
BP AMOCO P L C SPONSORED ADR 055622104 16 300 SH DEFINED 300 0 0
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 7 100 SH SOLE 100 0 0
BRE PPTYS INC 05564E106 12 398 SH SOLE 398 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 13 711 SH SOLE 711 0 0
BANK OF AMERICA CORP 060505104 54 3179 SH SOLE 3179 0 0
BANK OF AMERICA CORP 060505104 7 400 SH DEFINED 400 0 0
BANK NEW YORK MELLON CORP 064058100 108 3716 SH SOLE 3716 0 0
BAXTER INTL INC COM 071813109 17 304 SH SOLE 304 0 0
BEISTLE COMPANY 072001993 1835 3825 SH SOLE 3825 0 0
BED BATH & BEYOND 075896100 4 100 SH SOLE 100 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 40 12 SH SOLE 12 0 0
BIOGEN IDEC INC COM 09062X103 8 165 SH SOLE 165 0 0
BODYTEL SCIENTIFIC INCORPORA 097000103 2 2000 SH SOLE 2000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 54 2386 SH SOLE 2386 0 0
BUFFALO WILD WINGS INC COM 119848109 17 400 SH SOLE 400 0 0
BURLINGTON NORTHN SANTA FE C COM 12189T104 16 200 SH SOLE 200 0 0
CCFNB BANCORP INC COM 124880105 26 1103 SH SOLE 1103 0 0
CVS CORP COM 126650100 4 100 SH SOLE 100 0 0
CABOT OIL & GAS CORPORATION 127097103 7 200 SH SOLE 200 0 0
CAMPBELL SOUP 134429109 11 341 SH SOLE 341 0 0
CARLISLE COS INC COM 142339100 58 1700 SH SOLE 1700 0 0
CARNIVAL CORP 143658300 11 330 SH SOLE 330 0 0
CATERPILLAR INC DEL COM 149123101 1228 23914 SH SOLE 23814 100 0
CELGENE CORP COM 151020104 17 300 SH SOLE 300 0 0
CHATTEM INC COM 162456107 432 6500 SH SOLE 6500 0 0
CHESAPEAKE ENERGY CORP COM 165167107 26 900 SH SOLE 900 0 0
CHEVRON CORP NEW COM 166764100 65 930 SH SOLE 930 0 0
CHICO'S FAS INC 168615102 2 140 SH SOLE 140 0 0
CHUBB CORP COM 171232101 30 588 SH SOLE 588 0 0
CHURCH & DWIGHT INC COM 171340102 6 100 SH SOLE 100 0 0
CIENA CORP COM NEW 171779309 4 400 SH SOLE 400 0 0
CIMAREX ENERGY CO COM 171798101 5 106 SH SOLE 106 0 0
CISCO SYS INC COM 17275R102 74 3147 SH SOLE 3147 0 0
CITIZENS & NORTHN CORP COM 172922106 18 1184 SH SOLE 1184 0 0
CITIGROUP INC COM 172967101 69 14207 SH SOLE 14207 0 0
CITIGROUP INC COM 172967101 35 7308 SH DEFINED 7308 0 0
CITIZENS FINL SVCS INC COM 174615104 0 4 SH SOLE 4 0 0
COCA COLA CO COM 191216100 456 8499 SH SOLE 8499 0 0
CODORUS VY BANCORP INC COM 192025104 3 500 SH SOLE 500 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 13 340 SH SOLE 340 0 0
COLGATE PALMOLIVE CO COM 194162103 2389 31318 SH SOLE 31218 100 0
COLGATE PALMOLIVE CO COM 194162103 15 200 SH DEFINED 200 0 0
COMCAST CORP NEW CL A 20030N101 22 1300 SH DEFINED 1300 0 0
COMCAST CORP NEW CL A SPL 20030N200 9 550 SH SOLE 550 0 0
CONAGRA INC COM 205887102 9 400 SH SOLE 400 0 0
----- ------ ------ --- ---
TOTAL FOR PAGE 2 9337 166087 165887 200 0
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 3
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
CONOCOPHILLIPS COM 20825C104 79 1750 SH SOLE 1750 0 0
CONSOLIDATED EDISON INC COM 209115104 42 1037 SH SOLE 1037 0 0
CORNING INC COM 219350105 1165 76100 SH SOLE 76100 0 0
CORPORATE BACKED TR CTFS 04-7 A1 6.3%34 21988K834 22 1000 SH SOLE 1000 0 0
CORPORATE BACKED TR CTFS 04-4 CL A-1 6% 21988K875 21 1000 SH SOLE 1000 0 0
CORTS TR GEN ELEC CAP CORP NCORTS A 6% 32 22082X201 6 275 SH SOLE 275 0 0
COSTCO WHOLESALE CORP 22160K105 665 11800 SH SOLE 11800 0 0
COUNTRYWIDE CAP IV PFD TR 6.75% 22238E206 6 300 SH SOLE 300 0 0
CROCS INC 227046109 2 300 SH SOLE 300 0 0
CULLEN FROST BANKERS INC COM 229899109 10 186 SH SOLE 186 0 0
DNP SELECT INCOME FD COM 23325P104 59 6621 SH SOLE 6621 0 0
DTE ENERGY CO COM 233331107 18 500 SH SOLE 500 0 0
DANAHER CORP DEL COM 235851102 40 600 SH SOLE 600 0 0
DARDEN RESTAURANTS INC COM 237194105 62 1818 SH SOLE 1818 0 0
DELL INC COM 24702R101 40 2600 SH SOLE 2600 0 0
DENTSPLY INTL INC NEW COM 249030107 3 100 SH SOLE 100 0 0
DEVON ENERGY CORP NEW COM 25179M103 8 118 SH SOLE 118 0 0
DIAMONDS TRUST DOW JONES IND ETF 252787106 3750 38625 SH SOLE 38625 0 0
DICKS SPORTING GOODS INC COM 253393102 672 30000 SH SOLE 29900 100 0
DIRECTV GROUP INC COM 25459L106 0 1 SH SOLE 1 0 0
WALT DISNEY COMPANY HOLDING CO. 254687106 1236 45019 SH SOLE 45019 0 0
WALT DISNEY COMPANY HOLDING CO. 254687106 11 400 SH DEFINED 400 0 0
DISCOVER FINANCIAL SERVICES 254709108 5 300 SH SOLE 300 0 0
DOLLAR TREE INC COM 256746108 11 233 SH SOLE 233 0 0
DOMINION RES INC VA NEW COM 25746U109 99 2873 SH SOLE 2873 0 0
DOW CHEM CO COM 260543103 741 28430 SH SOLE 28330 100 0
DOW CHEM CO COM 260543103 5 200 SH DEFINED 200 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 66 2067 SH SOLE 2067 0 0
DUKE ENERGY CORP NEW COM 26441C105 637 40483 SH SOLE 40483 0 0
DUKE ENERGY CORP NEW COM 26441C105 5 300 SH DEFINED 300 0 0
ENB FINANCIAL CORP PA COM PAR $1 26874L101 11 500 SH SOLE 500 0 0
EOG RES INC COM 26875P101 8 100 SH SOLE 100 0 0
EASTMAN KODAK CO COM 277461109 1 160 SH SOLE 160 0 0
EATON CORP COM 278058102 917 16200 SH SOLE 16200 0 0
EATON CORP COM 278058102 6 100 SH DEFINED 100 0 0
E-BAY INC 278642103 5 200 SH SOLE 200 0 0
ECOLAB INC 278865100 5 99 SH SOLE 99 0 0
ELMIRA SVGS BK FSB N Y COM 289660102 2 106 SH SOLE 106 0 0
ELRON ELECTR INDS LTD ORD 290160100 1 200 SH SOLE 200 0 0
EMCLAIRE FINL CORP COM 290828102 17 1000 SH SOLE 1000 0 0
EMERSON ELEC CO COM 291011104 82 2056 SH SOLE 2056 0 0
ENCANA CORP COM 292505104 1492 25900 SH SOLE 25800 100 0
ENTERGY CORP NEW COM 29364G103 443 5550 SH SOLE 5550 0 0
EQUINIX INC COM NEW 29444U502 6 62 SH SOLE 62 0 0
EXELON CORP COM 30161N101 134 2702 SH SOLE 2702 0 0
EXPRESS SCRIPTS INC COM 302182100 14 179 SH SOLE 179 0 0
EXXON MOBIL CORP COM 30231G102 852 12424 SH SOLE 12424 0 0
EXXON MOBIL CORP COM 30231G102 7 100 SH DEFINED 100 0 0
FNB CORP PA COM 302520101 3 388 SH SOLE 388 0 0
FPL GROUP INC COM 302571104 49 890 SH SOLE 890 0 0
FAMILY DLR STORES INC COM 307000109 4 160 SH SOLE 160 0 0
----- ------ ------ --- ---
TOTAL FOR PAGE 3 13545 364112 363812 300 0
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 4
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
FARMERS & MERCHANTS 30810N106 20 1000 SH SOLE 1000 0 0
FEDEX CORP COM 31428X106 5 65 SH SOLE 65 0 0
FIFTH THIRD BANCORP 316773100 5 500 SH SOLE 500 0 0
FINISH LINE INC CL A 317923100 0 1 SH SOLE 1 0 0
FIRST COMWLTH FINL CORP PA COM 319829107 437 76854 SH SOLE 76854 0 0
FIRSTPLUS FINL GROUP INC COM 33763B103 0 115 SH SOLE 115 0 0
FIRSTENERGY CORP COM 337932107 23 514 SH SOLE 514 0 0
FLOWSERVE CORP COM 34354P105 936 9500 SH SOLE 9400 100 0
FONAR CORP 344437405 0 80 SH SOLE 80 0 0
FORD MOTOR COMPANY COM NEW 345370860 7 1000 SH SOLE 1000 0 0
FORTUNE BRANDS INC COM 349631101 4 100 SH SOLE 100 0 0
FRANKLIN FINL SVCS CORP COM 353525108 865 51654 SH SOLE 51654 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 10 141 SH SOLE 141 0 0
FRESENIUS MED CARE 358029106 10 209 SH SOLE 209 0 0
FULTON FINL CORP PA COM 360271100 8 1034 SH SOLE 1034 0 0
GABELLI GLOBAL MULTIMEDIA TR COM 36239Q109 0 51 SH SOLE 51 0 0
GENERAL DYNAMICS CORP COM 369550108 10 149 SH SOLE 149 0 0
GENERAL ELEC CO COM 369604103 359 21860 SH SOLE 21860 0 0
GENERAL ELEC CO COM 369604103 5 300 SH DEFINED 300 0 0
GENERAL ELEC CAP CORP PINES 4.50% 35 369622485 19 800 SH SOLE 800 0 0
GENERAL ELEC CAP CORP NT 5.875%2033 369622493 64 2800 SH SOLE 2800 0 0
GENERAL MLS INC COM 370334104 17 261 SH SOLE 261 0 0
GENESCO INC COM 371532102 0 5 SH SOLE 5 0 0
GILEAD SCIENCES INC COM 375558103 23 496 SH SOLE 496 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 18 99 SH SOLE 99 0 0
GOOGLE INC CL A 38259P508 1098 2215 SH SOLE 2215 0 0
W R GRACE & CO NEW 38388F108 4 200 SH SOLE 200 0 0
HSBC HLDGS PLC ADR A 1/40PF A 404280604 17 800 SH SOLE 800 0 0
HANESBRANDS INC 410345102 1 43 SH SOLE 43 0 0
HANSEN NAT CORP COM 411310105 55 1500 SH SOLE 1500 0 0
HARLEY DAVIDSON INC COM 412822108 6 265 SH SOLE 265 0 0
HARLEYSVILLE NATIONAL CORPORATION 412850109 11 1984 SH SOLE 1984 0 0
HARSCO CORP COM 415864107 120 3400 SH SOLE 3400 0 0
HARVEST COMM BK 41752W103 10 1500 SH SOLE 1500 0 0
HAWKINS INC COM 420261109 84 3600 SH SOLE 3600 0 0
HEINZ H J CO COM 423074103 33 823 SH SOLE 823 0 0
HELMERICH & PAYNE INC COM 423452101 4 100 SH SOLE 100 0 0
HERSHA HOSPITALITY TR SH BEN INT A 427825104 1 200 SH SOLE 200 0 0
HERSHEY FOODS CORP COM 427866108 371 9536 SH SOLE 9536 0 0
HEWLETT PACKARD CO COM 428236103 1961 41538 SH SOLE 41538 0 0
HEWLETT PACKARD CO COM 428236103 14 300 SH DEFINED 300 0 0
HOME DEPOT INC COM 437076102 7 250 SH SOLE 250 0 0
HONDA MOTOR CO LTD 438128308 15 500 SH SOLE 500 0 0
HONEYWELL INTL INC COM 438516106 785 21128 SH SOLE 21128 0 0
ING PRIME RATE TR 44977W106 5 1000 SH SOLE 1000 0 0
ITT INDS INC IND COM 450911102 15 282 SH SOLE 282 0 0
IMATION CORP COM 45245A107 0 20 SH SOLE 20 0 0
ING GROEP N V SPONSORED ADR 456837103 65 3650 SH SOLE 3650 0 0
ING GROEP N V 8.5% PER HYB CAP 456837806 114 6000 SH SOLE 6000 0 0
INTEL CORP COM 458140100 100 5106 SH SOLE 5106 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1154 9644 SH SOLE 9644 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 12 100 SH DEFINED 100 0 0
----- ------ ------ --- ---
TOTAL FOR PAGE 4 8907 285272 285172 100 0
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 5
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
INTUIT COM 461202103 7 250 SH SOLE 250 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 3 200 SH SOLE 200 0 0
ISHARES INC MSCI JAPAN 464286848 4 415 SH SOLE 415 0 0
ISHARES TR INDEX FTSE XNHUA IDX 464287184 11 270 SH SOLE 270 0 0
ISHARES MSCI EMERGING MKT ETF 464287234 506 13000 SH SOLE 13000 0 0
ISHARES MSCI EAFE INDEX 464287465 906 16570 SH SOLE 16570 0 0
ISHARES RUSSELL 1000 LARGE CAP VALUE 464287598 211 3800 SH SOLE 3800 0 0
ISHARES RUSSELL 1000 LARGE CAP GROWTH 464287614 630 13600 SH SOLE 13600 0 0
ISHARES TR RUSSELL 2000 464287655 172 2850 SH SOLE 2850 0 0
ISHARES SP EUR 350 TR FUNDS 464287861 509 13200 SH SOLE 13000 200 0
JP MORGAN CHASE CAP X PFD TR SECS 7% 46623D200 10 400 SH SOLE 400 0 0
JPMORGAN CHASE & CO COM 46625H100 588 13423 SH SOLE 13423 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 1358 29550 SH SOLE 29550 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 14 300 SH DEFINED 300 0 0
JOHNSON & JOHNSON COM 478160104 2625 43110 SH SOLE 43010 100 0
JOHNSON & JOHNSON COM 478160104 24 400 SH DEFINED 400 0 0
JOHNSON CTLS INC COM 478366107 109 4257 SH SOLE 4257 0 0
JONES SODA CO COM 48023P106 1 800 SH SOLE 800 0 0
KIMBERLY CLARK CORP COM 494368103 75 1277 SH SOLE 1277 0 0
KOHLS CORP COM 500255104 11 197 SH SOLE 197 0 0
KRAFT FOODS INC CL A 50075N104 331 12617 SH SOLE 12617 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 56 700 SH SOLE 700 0 0
LEHMAN BROS HLDGS CAP TR VI PFD N 6.24% 54 52520X208 0 200 SH SOLE 200 0 0
LILLY ELI & CO COM 532457108 92 2800 SH SOLE 2800 0 0
LOCKHEED MARTIN CORP COM 539830109 223 2853 SH SOLE 2853 0 0
LOEWS CORP COM 540424108 1118 32650 SH SOLE 32650 0 0
LOWES COS INC COM 548661107 69 3300 SH SOLE 3300 0 0
M & T BK CORP COM 55261F104 975 15648 SH SOLE 15648 0 0
M & T BK CORP COM 55261F104 62 1000 SH DEFINED 1000 0 0
MDU RES GROUP INC COM 552690109 10 500 SH SOLE 500 0 0
M&T CAPITAL TRUST IV ENH TRUPS 8.5% 55292C203 53 2000 SH SOLE 2000 0 0
MAGNETEK INC COM 559424106 1 500 SH SOLE 500 0 0
MANITOWOC INC COM 563571108 6 600 SH SOLE 600 0 0
MANULIFE FINL CORP 56501R106 19 904 SH SOLE 904 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 5 100 SH SOLE 100 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 212 5500 SH SOLE 5500 0 0
MASCO CORP COM 574599106 1 100 SH SOLE 100 0 0
MASTERCARD INCORPORATED 57636Q104 510 2521 SH SOLE 2521 0 0
MCAFEE INC COM 579064106 4 88 SH SOLE 88 0 0
MCDONALDS CORP COM 580135101 118 2071 SH SOLE 2071 0 0
MCGRAW HILL COS INC COM 580645109 2 76 SH SOLE 76 0 0
MCKESSON HBOC INC COM 58155Q103 22 377 SH SOLE 377 0 0
MEDCO HEALTH SOLUTIONS INC COM 58405U102 59 1059 SH SOLE 1059 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 6 800 SH DEFINED 800 0 0
MEDTRONIC INC COM 585055106 7 200 SH SOLE 200 0 0
MERCK & CO INC COM 589331107 22 710 SH SOLE 710 0 0
MERRILL LYNCH PFD CAP TR IIITOPRS 7% 59021F206 8 400 SH SOLE 400 0 0
MICROSOFT CORP COM 594918104 1920 74670 SH SOLE 74670 0 0
MICROSOFT CORP COM 594918104 8 300 SH DEFINED 300 0 0
MIDCAP SPDR S & P 400 ETF 595635103 810 6470 SH SOLE 6470 0 0
MIDDLEBY CORP COM 596278101 870 15823 SH SOLE 15823 0 0
----- ------ ------ --- ---
TOTAL FOR PAGE 5 15373 345406 345106 300 0
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 6
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
MONACO COACH CORP COM 60886R103 0 180 SH SOLE 180 0 0
MONSANTO CO NEW COM 61166W101 31 403 SH SOLE 403 0 0
MOODYS CORP COM 615369105 2 100 SH SOLE 100 0 0
MOTOROLA INC COM 620076109 6 720 SH SOLE 720 0 0
MOTORS LIQ CO COM 62010A105 2 2300 SH SOLE 2300 0 0
NCR CORP NEW COM 62886E108 0 30 SH SOLE 30 0 0
NYSE EURONEXT COM 629491101 812 28100 SH SOLE 28100 0 0
NIKE INC CL B 654106103 24 371 SH SOLE 371 0 0
NORFOLK SOUTHERN CORP COM 655844108 12 270 SH SOLE 270 0 0
NORTHEAST UTILS COM 664397106 2 102 SH SOLE 102 0 0
NORTHROP GRUMMAN CORP COM 666807102 32 614 SH SOLE 614 0 0
NOVASTAR FINL INC COM NEW 669947889 0 25 SH SOLE 25 0 0
NOVELL INC COM 670006105 2 450 SH SOLE 450 0 0
NOVELLUS SYS INC COM 670008101 2 90 SH SOLE 90 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 9 173 SH SOLE 173 0 0
NUVEEN PFD & CONV INCOME FD COM SHS 67073D102 16 2223 SH SOLE 2223 0 0
OCEANEERING INTERNATIONAL IN 675232102 1067 18800 SH SOLE 18800 0 0
OLD LINE BANCSHARES 67984M100 16 2500 SH SOLE 2500 0 0
OMNICOM GROUP INC 681919106 10 271 SH SOLE 271 0 0
ORACLE CORP COM 68389X105 21 1000 SH SOLE 1000 0 0
O REILLY AUTOMOTIVE INC COM 686091109 3 84 SH SOLE 84 0 0
ORRSTOWN FINANCIAL SERVICES REINVESTED SHARES 687OFS993 701 18144 SH SOLE 18144 0 0
ORRSTOWN FINL SVCS INC COM 687380105 13539 350471 SH SOLE 350471 0 0
ORRSTOWN FINL SVCS INC COM 687380105 6 165 SH DEFINED 165 0 0
OTTER TAIL CORP COM 689648103 12 500 SH SOLE 500 0 0
P & F INDS INC CL A NEW 692830508 8 3500 SH SOLE 3500 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 432 8893 SH SOLE 8893 0 0
PPG INDS INC COM 693506107 30 513 SH SOLE 513 0 0
P P & L RES INC COM 69351T106 148 4886 SH SOLE 4886 0 0
PARKER HANNIFIN CORP COM 701094104 1016 19600 SH SOLE 19600 0 0
PENGROWTH ENERGY TR TR UNIT NEW 706902509 8 800 SH SOLE 800 0 0
PENN NATL GAMING INC COM 707569109 125 4525 SH SOLE 4525 0 0
PENN VA RESOURCES PARTNERS L COM 707884102 10 600 SH SOLE 600 0 0
PEPSICO INC COM 713448108 2153 36706 SH SOLE 36706 0 0
PEPSICO INC COM 713448108 6 100 SH DEFINED 100 0 0
PETROLEUM & RES CORP COM 716549100 34 1450 SH SOLE 1450 0 0
PFIZER INC COM 717081103 239 14450 SH SOLE 14450 0 0
PHILIP MORRIS INTL INC COM 718172109 585 11994 SH SOLE 11994 0 0
PHILIP MORRIS INTL INC COM 718172109 5 100 SH DEFINED 100 0 0
POWERSHARES QQQ TR 73935A104 1895 44850 SH SOLE 44850 0 0
POWERSHARES WATER RESOURCE ETF 73935X575 523 31300 SH SOLE 31300 0 0
POWERSHARES WATER RESOURCE ETF 73935X575 2 100 SH DEFINED 100 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 648 47650 SH SOLE 47650 0 0
PRAXAIR INC COM 74005P104 37 456 SH SOLE 456 0 0
PRECISION CASTPARTS CORP COM 740189105 13 128 SH SOLE 128 0 0
PRICE T ROWE GROUP INC COM 74144T108 27 600 SH SOLE 600 0 0
PROCTER & GAMBLE CO COM 742718109 174 3000 SH SOLE 3000 0 0
PROGRESS ENERGY INC COM 743263105 11 272 SH SOLE 272 0 0
PRUDENTIAL FINL INC COM 744320102 31 621 SH SOLE 621 0 0
PSYCHIATRIC SOLUTIONS INC COM 74439H108 21 800 SH SOLE 800 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 44 1400 SH SOLE 1400 0 0
----- ------ ------ --- ---
TOTAL FOR PAGE 6 24552 667380 667380 0 0
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 7
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
QUALCOMM INC COM 747525103 32 709 SH SOLE 709 0 0
RAVEN INDS INC COM 754212108 1085 40600 SH SOLE 40500 100 0
RAVEN INDS INC COM 754212108 16 600 SH DEFINED 600 0 0
RAYONIER INC COM 754907103 11 265 SH SOLE 265 0 0
RAYTHEON CO COM NEW 755111507 8 173 SH SOLE 173 0 0
RESEARCH IN MOTION LTD COM 760975102 47 702 SH SOLE 702 0 0
REYNOLDS AMERICAN INC COM 761713106 3 60 SH SOLE 60 0 0
RITE AID CORP COM 767754104 2 1000 SH SOLE 1000 0 0
ROFIN SINAR TECHNOLOGIES INC COM 775043102 512 22300 SH SOLE 22300 0 0
ROSS STORES INC COM 778296103 20 426 SH SOLE 426 0 0
ROYAL BANCSHARES OF PENNSYLVANIA 780081105 1 400 SH SOLE 400 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR PREF S 780097739 21 2000 SH SOLE 2000 0 0
SPDR S & P 500 INDEX ETF 78462F103 2550 24150 SH SOLE 24150 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 350 3540 SH SOLE 3540 0 0
SPX CORP COM 784635104 6 100 SH SOLE 100 0 0
SPDR S&P OIL & GAS EQUIPMENT& SVCS ETF 78464A748 307 11100 SH SOLE 11100 0 0
ST JUDE MED INC COM 790849103 49 1262 SH SOLE 1262 0 0
SARA LEE CORP COM 803111103 4 350 SH SOLE 350 0 0
SCHERING PLOUGH CORP COM 806605101 42 1500 SH SOLE 1500 0 0
SCHLUMBERGER LTD COM 806857108 12 200 SH SOLE 200 0 0
SEALED AIR CORP NEW COM 81211K100 4 214 SH SOLE 214 0 0
SHERWIN WILLIAMS CO COM 824348106 12 200 SH SOLE 200 0 0
SIRIUS XM RADIO INC COM 82967N108 1 1000 SH SOLE 1000 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 7 500 SH SOLE 500 0 0
SMITH INTERNATIONAL INC 832110100 12 412 SH SOLE 412 0 0
SMUCKER J M CO COM NEW 832696405 14 257 SH SOLE 257 0 0
SOUTH FINL GROUP INC COM 837841105 1 1000 SH SOLE 1000 0 0
SOUTHERN CO COM 842587107 29 913 SH SOLE 913 0 0
SPECTRA ENERGY CORP COM 847560109 1 79 SH SOLE 79 0 0
SPICY PICKLE FRANCHISING COM 84844T100 0 500 SH SOLE 500 0 0
SPRINT NEXTEL GROUP COM FON GROUP 852061100 9 2270 SH SOLE 2270 0 0
STAMPS COM INC COM NEW 852857200 1 100 SH SOLE 100 0 0
STANLEY WKS COM 854616109 2 50 SH SOLE 50 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 29 700 SH SOLE 700 0 0
SUN LIFE FINL SVCS CDA INC COM 866796105 72 2321 SH SOLE 2321 0 0
SUN MICROSYSTEMS INC COM NEW 866810203 0 50 SH SOLE 50 0 0
SUNOCO INC 86764P109 3 100 SH SOLE 100 0 0
SUSQUEHANNA BANCSHARES INC P COM 869099101 151 25599 SH SOLE 25599 0 0
TJX COS INC NEW COM 872540109 838 22550 SH SOLE 22450 100 0
TJX COS INC NEW COM 872540109 4 100 SH DEFINED 100 0 0
TARGET CORP COM 87612E106 13 271 SH SOLE 271 0 0
TEAM INC 878155100 213 12600 SH SOLE 12600 0 0
TEAM INC 878155100 14 800 SH DEFINED 800 0 0
TERADATA CORPORATION 88076W103 1 30 SH SOLE 30 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 6 132 SH SOLE 132 0 0
3M CO COM 88579Y101 157 2128 SH SOLE 2128 0 0
3M CO COM 88579Y101 30 400 SH DEFINED 400 0 0
TIM HORTONS INC COM 88706M103 852 30100 SH SOLE 30100 0 0
TORM A/S SPONSORED ADR 891072100 3 300 SH DEFINED 300 0 0
TOWER BANCORP INC COM 891709107 1014 38601 SH SOLE 38601 0 0
TOWER BANCORP INC COM 891709107 39 1500 SH DEFINED 1500 0 0
----- ------ ------ --- ---
TOTAL FOR PAGE 7 8610 257214 257014 200 0
ORRSTOWN BANK
CLIENT NO. 221 SCHEDULE 13F WORKSHEET AS OF 09/30/2009 PAGE 8
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ----------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- -------- ------ ------
TRUMP HOTELS & CASIN 898168109 0 60 SH SOLE 60 0 0
US BANCORP DEL COM NEW 902973304 1298 59400 SH SOLE 59400 0 0
US BANCORP DEL COM NEW 902973304 2 100 SH DEFINED 100 0 0
UNION PAC CORP COM 907818108 15 252 SH SOLE 252 0 0
UNITED TECHNOLOGIES CORP COM 913017109 75 1232 SH SOLE 1232 0 0
UNITEDHEALTH GROUP INC COM 91324P102 45 1800 SH SOLE 1800 0 0
VALE S A ADR 91912E105 1029 44500 SH SOLE 44500 0 0
VANGUARD TOTAL BOND MARKET ETF 921937835 453 5700 SH SOLE 5700 0 0
VANGUARD HEALTHCARE VIPER ETF 92204A504 1386 27000 SH SOLE 27000 0 0
VANGUARD HEALTHCARE VIPER ETF 92204A504 5 100 SH DEFINED 100 0 0
VANGUARD SM CAP VAL VIPER 922908611 144 2700 SH SOLE 2700 0 0
VERIZON COMMUNICATIONS 92343V104 534 17626 SH SOLE 17626 0 0
VERIZON COMMUNICATIONS 92343V104 21 700 SH DEFINED 700 0 0
VISA INC COM CL A 92826C839 14 200 SH SOLE 200 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 26 1156 SH SOLE 1156 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 14 600 SH DEFINED 600 0 0
WI-LAN INC COM 928972108 0 146 SH SOLE 146 0 0
WACHOVIA PFD FDG CORP PFD A7.25%PERP 92977V206 11 525 SH SOLE 525 0 0
WAL MART STORES INC COM 931142103 225 4578 SH SOLE 4578 0 0
WALGREEN CO COM 931422109 26 700 SH SOLE 700 0 0
WASHINGTON MUT INC COM 939322103 0 200 SH SOLE 200 0 0
WEBSTER FINL CORP CONN COM 947890109 2 142 SH SOLE 142 0 0
WELLPOINT INC COM 94973V107 3 56 SH SOLE 56 0 0
WELLS FARGO & CO NEW COM 949746101 26 909 SH SOLE 909 0 0
WELLS FARGO CAPITAL TRUST IV 94976Y207 10 400 SH SOLE 400 0 0
WILMINGTON TRUST CORP NEW 971807102 9 600 SH SOLE 600 0 0
WINDSTREAM CORP COM 97381W104 3 281 SH SOLE 281 0 0
WINDSTREAM CORP COM 97381W104 8 800 SH DEFINED 800 0 0
WYETH COM 983024100 68 1400 SH SOLE 1400 0 0
XCL LTD DEL COM 983701103 0 66 SH SOLE 66 0 0
XCEL ENERGY INC COM 98389B100 729 37900 SH SOLE 37900 0 0
YRC WORLDWIDE INC COM 984249102 9 2000 SH SOLE 2000 0 0
YORK TRADITIONS BANK 987159100 6 6250 SH SOLE 6250 0 0
ZIMMER HLDGS INC COM 98956P102 6 120 SH SOLE 120 0 0
ZIONS BANCORP 989701107 2 100 SH SOLE 100 0 0
----- ------- ------- ---- ---
TOTAL FOR PAGE 8 6204 220299 220299 0 0
GRAND TOTALS 95647 2854840 2853540 1300 0