CUSIP No. 687380105
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13G
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Page 2 of
8 Pages
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1
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Basswood Capital Management, L.L.C.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
0
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||||
7
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SOLE DISPOSITIVE POWER
0
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||||
8
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SHARED DISPOSITIVE POWER
0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
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12
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TYPE OF REPORTING PERSON*
IA
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CUSIP No. 687380105
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13G
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Page 3 of
8 Pages
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1
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Matthew Lindenbaum
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ☐
(b) ☒
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3
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SEC USE ONLY
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||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|||
6
|
SHARED VOTING POWER
0
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||||
7
|
SOLE DISPOSITIVE POWER
0
|
||||
8
|
SHARED DISPOSITIVE POWER
0
|
||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
||||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
||||
12
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TYPE OF REPORTING PERSON*
IN/HC
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CUSIP No. 687380105
|
13G
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Page 4 of
8 Pages
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1
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bennett Lindenbaum
|
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2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ☐
(b) ☒
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||||
3
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SEC USE ONLY
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||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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||||
NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|||
6
|
SHARED VOTING POWER
0
|
||||
7
|
SOLE DISPOSITIVE POWER
0
|
||||
8
|
SHARED DISPOSITIVE POWER
0
|
||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
||||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
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||||
12
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TYPE OF REPORTING PERSON*
IN/HC
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Item 1(a)
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Name of Issuer:
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Orrstown Financial Services, Inc.
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Item 1(b)
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Address of Issuer's Principal
Executive Offices:
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77 East King Street
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P.O. Box 250
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Shippensburg, PA 17257
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Item 2(a)
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Name of Person Filing:
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The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated
herein by reference for each such Reporting Person.
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Item 2(b)
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Address of
Principal Business Office or, if none, Residence:
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c/o Basswood Capital Management, L.L.C.
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645 Madison Avenue, 10th Floor
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New York, NY 10022
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Item 2(c)
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Citizenship:
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The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated
herein by reference for each such Reporting Person.
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Item 2(d)
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Title of Class of Securities:
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Common Stock, no par value
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Item 2(e)
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CUSIP Number:
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687380105
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Item 3
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Statement filed pursuant to
§§240.13d-1(b) or 240.13d-2(b) or (c):
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The information required by Item 3 is set forth in Row 12 of the cover page hereto for each Reporting Person and is incorporated
herein by reference for each such Reporting Person.
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Item 4
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Ownership:
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The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is
incorporated herein by reference for each such Reporting Person.
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Item 5
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Ownership of Five Percent or Less
of a Class:
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial
owner of more than 5 percent of the class of securities, check the following [X].
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Item 6
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Ownership of More than Five Percent
on Behalf of Another Person:
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Not Applicable
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Item 7
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Identification and Classification
of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:
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See Exhibit 99.1
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Item 8
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Identification and Classification
of Members of the Group:
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Not Applicable
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Item 9
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Notice of Dissolution of Group:
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Not Applicable
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Item 10
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Certification:
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BASSWOOD CAPITAL MANAGEMENT, L.L.C.
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By:
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/s/ Matthew Lindenbaum | |
Name:
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Matthew Lindenbaum
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Title:
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Managing Member
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/s/ Matthew Lindenbaum |
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Matthew Lindenbaum, an individual
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/s/ Bennett Lindenbaum |
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Bennett Lindenbaum, an individual
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