UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/2009
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 02/11/2010
-------------------------- ---------------- ----------
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: 360
Form 13F Information Table Value Total: 95004
(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
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
----------------------------- ----------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ENERGY XXI (BERMUDA) LTD COM SHS G10082108 3 1500 SH SOLE 1500 0 0
CHINA YUCHAI INTERNATIONAL LTD G21082105 6 400 SH SOLE 400 0 0
COVIDIEN PLC SHS G2554F105 7 147 SH SOLE 147 0 0
GARMIN LTD ORD G37260109 31 1000 SH SOLE 1000 0 0
INGERSOLL-RAND PLC SHS G47791101 46 1300 SH SOLE 1300 0 0
INGERSOLL-RAND PLC SHS G47791101 7 200 SH DEFINED 200 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 127 6100 SH SOLE 6100 0 0
WEATHERFORD INTERNATIONAL LT REG H27013103 6 343 SH SOLE 343 0 0
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 979 24050 SH SOLE 24050 0 0
TRANSOCEAN LTD ZUG NAMEN AKT H8817H100 599 7236 SH SOLE 7236 0 0
TYCO ELECTRONICS LTD SWITZER SHS H8912P106 26 1045 SH SOLE 1045 0 0
TYCO INTERNATIONAL LTD SHS H89128104 18 497 SH SOLE 497 0 0
UNILIFE MEDICAL SOLUTIONS LT SHS Q9309F107 17 20000 SH SOLE 20000 0 0
DHT MARITIME INC COM Y2065G105 3 700 SH DEFINED 700 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 7 150 SH SOLE 150 0 0
AT&T INC COM 00206R102 1013 36140 SH SOLE 36140 0 0
AT&T INC COM 00206R102 59 2100 SH DEFINED 2100 0 0
ABBOTT LABS COM 002824100 1378 25528 SH SOLE 25528 0 0
ACTIVISION BLIZZARD INC COM 00507V109 27 2400 SH SOLE 2400 0 0
ADAMS EXPRESS CO COM 006212104 58 5734 SH SOLE 5734 0 0
ADOBE SYS INC COM 00724F101 11 308 SH SOLE 308 0 0
AETNA INC NEW COM 00817Y108 22 680 SH SOLE 680 0 0
AIR METHODS CORP COM PAR $.06 009128307 5 150 SH SOLE 150 0 0
ALCATEL-LUCENT SPONSORED ADR 013904305 0 92 SH SOLE 92 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 63 1400 SH SOLE 1400 0 0
ALLERGAN INC COM 018490102 12 188 SH SOLE 188 0 0
ALLIED IRISH BKS P L C SPON ADR ORD 019228402 825 235789 SH SOLE 235789 0 0
ALLSTATE CORP COM 020002101 24 800 SH SOLE 800 0 0
ALTERA CORP COM 021441100 10 437 SH SOLE 437 0 0
ALTRIA GROUP INC COM 02209S103 226 11544 SH SOLE 11544 0 0
AMERICAN CAP LTD COM 02503Y103 3 1274 SH SOLE 1274 0 0
AMERICAN ELECTRIC CO 025537101 985 28320 SH SOLE 28320 0 0
AMERICAN ELECTRIC CO 025537101 7 200 SH DEFINED 200 0 0
AMERICAN VANGUARD CORP COM 030371108 657 79100 SH SOLE 78900 200 0
ANALOG DEVICES INC COM 032654105 8 250 SH SOLE 250 0 0
A123 SYS INC COM 03739T108 2 100 SH SOLE 100 0 0
APACHE CORP COM 037411105 815 7901 SH SOLE 7901 0 0
APACHE CORP COM 037411105 10 100 SH DEFINED 100 0 0
APPLE INC COM 037833100 172 817 SH SOLE 817 0 0
APPLIED DEVELOPMENT HLDGS LT ADR 038173100 1 2000 SH SOLE 2000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 24 766 SH SOLE 766 0 0
ATMOS ENERGY CORP COM 049560105 2 75 SH SOLE 75 0 0
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 18 800 SH SOLE 800 0 0
BK AM 7% 2/1/32 055188205 31 1400 SH SOLE 1400 0 0
BP AMOCO P L C SPONSORED ADR 055622104 2389 41204 SH SOLE 41204 0 0
BP AMOCO P L C SPONSORED ADR 055622104 23 400 SH DEFINED 400 0 0
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 8 100 SH SOLE 100 0 0
BRE PPTYS INC 05564E106 13 398 SH SOLE 398 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 13 711 SH SOLE 711 0 0
BANK OF AMERICA CORP 060505104 13 850 SH SOLE 850 0 0
BANK OF AMERICA CORP 060505104 6 400 SH DEFINED 400 0 0
BANK NEW YORK MELLON CORP 064058100 76 2716 SH SOLE 2716 0 0
BAXTER INTL INC COM 071813109 18 304 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 39 12 SH SOLE 12 0 0
BIOGEN IDEC INC COM 09062X103 9 165 SH SOLE 165 0 0
BODYTEL SCIENTIFIC INCORPORA 097000103 2 2000 SH SOLE 2000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 60 2386 SH SOLE 2386 0 0
BUFFALO WILD WINGS INC COM 119848109 4 100 SH SOLE 100 0 0
BURLINGTON NORTHN SANTA FE C COM 12189T104 20 200 SH SOLE 200 0 0
CCFNB BANCORP INC COM 124880105 30 1103 SH SOLE 1103 0 0
CAMPBELL SOUP 134429109 3 100 SH SOLE 100 0 0
CARLISLE COS INC COM 142339100 27 800 SH SOLE 800 0 0
CARNIVAL CORP 143658300 10 330 SH SOLE 330 0 0
CATERPILLAR INC DEL COM 149123101 1237 21714 SH SOLE 21614 100 0
CELGENE CORP COM 151020104 17 300 SH SOLE 300 0 0
CENOVUS ENERGY INC COM 15135U109 575 22800 SH SOLE 22700 100 0
CERNER CORPORATION 156782104 33 400 SH SOLE 400 0 0
CHATTEM INC COM 162456107 103 1100 SH SOLE 1100 0 0
CHESAPEAKE ENERGY CORP COM 165167107 21 800 SH SOLE 800 0 0
CHEVRON CORP NEW COM 166764100 72 930 SH SOLE 930 0 0
CHICO'S FAS INC 168615102 2 140 SH SOLE 140 0 0
CISCO SYS INC COM 17275R102 48 1999 SH SOLE 1999 0 0
CITIZENS & NORTHN CORP COM 172922106 11 1184 SH SOLE 1184 0 0
CITIGROUP INC COM 172967101 38 11607 SH SOLE 11607 0 0
CITIGROUP INC COM 172967101 24 7308 SH DEFINED 7308 0 0
COCA COLA CO COM 191216100 255 4480 SH SOLE 4480 0 0
CODORUS VY BANCORP INC COM 192025104 3 500 SH SOLE 500 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 15 340 SH SOLE 340 0 0
COLGATE PALMOLIVE CO COM 194162103 2076 25268 SH SOLE 25168 100 0
COLGATE PALMOLIVE CO COM 194162103 16 200 SH DEFINED 200 0 0
COMCAST CORP NEW CL A 20030N101 22 1300 SH DEFINED 1300 0 0
CONOCOPHILLIPS COM 20825C104 28 550 SH SOLE 550 0 0
CONSTELLATION BRANDS INC 21036P108 19 1200 SH SOLE 1200 0 0
CORNING INC COM 219350105 1355 70200 SH SOLE 70200 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 N CORTS A 6% 32 22082X201 6 275 SH SOLE 275 0 0
COUNTRYWIDE CAP IV PFD TR 6.75% 22238E206 6 300 SH SOLE 300 0 0
CROCS INC 227046109 1 150 SH SOLE 150 0 0
DNP SELECT INCOME FD COM 23325P104 59 6621 SH SOLE 6621 0 0
DANAHER CORP DEL COM 235851102 45 600 SH SOLE 600 0 0
DARDEN RESTAURANTS INC COM 237194105 76 2154 SH SOLE 2154 0 0
DELL INC COM 24702R101 22 1500 SH SOLE 1500 0 0
DIAMONDS TRUST DOW JONES IND ETF 252787106 3655 35125 SH SOLE 35125 0 0
DICKS SPORTING GOODS INC COM 253393102 532 21400 SH SOLE 21300 100 0
WALT DISNEY COMPANY HOLDING CO. 254687106 1423 44125 SH SOLE 44125 0 0
DISCOVER FINANCIAL SERVICES 254709108 4 300 SH SOLE 300 0 0
DIRECTV COM CL A 25490A101 0 1 SH SOLE 1 0 0
DOLLAR TREE INC COM 256746108 11 233 SH SOLE 233 0 0
DOMINION RES INC VA NEW COM 25746U109 145 3723 SH SOLE 3723 0 0
DOW CHEM CO COM 260543103 724 26200 SH SOLE 26100 100 0
DOW CHEM CO COM 260543103 6 200 SH DEFINED 200 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 88 2615 SH SOLE 2615 0 0
DUKE ENERGY CORP NEW COM 26441C105 130 7575 SH SOLE 7575 0 0
ENB FINANCIAL CORP PA COM PAR $1 26874L101 10 500 SH SOLE 500 0 0
EOG RES INC COM 26875P101 10 100 SH SOLE 100 0 0
E TRADE FINANCIAL CORP COM 269246104 2 1000 SH SOLE 1000 0 0
EASTMAN KODAK CO COM 277461109 1 160 SH SOLE 160 0 0
EATON CORP COM 278058102 1212 19050 SH SOLE 19050 0 0
EATON CORP COM 278058102 13 200 SH DEFINED 200 0 0
E-BAY INC 278642103 5 200 SH SOLE 200 0 0
ECOLAB INC 278865100 4 99 SH SOLE 99 0 0
ELRON ELECTR INDS LTD ORD 290160100 1 200 SH SOLE 200 0 0
EMCLAIRE FINL CORP COM 290828102 14 1000 SH SOLE 1000 0 0
EMERSON ELEC CO COM 291011104 196 4600 SH SOLE 4600 0 0
ENCANA CORP COM 292505104 1013 31300 SH SOLE 31200 100 0
ENTERGY CORP NEW COM 29364G103 438 5350 SH SOLE 5350 0 0
EQUINIX INC COM NEW 29444U502 7 62 SH SOLE 62 0 0
EXELON CORP COM 30161N101 132 2702 SH SOLE 2702 0 0
EXPRESS SCRIPTS INC COM 302182100 15 179 SH SOLE 179 0 0
EXXON MOBIL CORP COM 30231G102 820 12024 SH SOLE 12024 0 0
FNB CORP PA COM 302520101 3 388 SH SOLE 388 0 0
FPL GROUP INC COM 302571104 47 890 SH SOLE 890 0 0
FAIRPOINT COMMUNICATIONS INC COM 305560104 0 4 SH SOLE 4 0 0
FARMERS & MERCHANTS 30810N106 24 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
FIRST COMWLTH FINL CORP PA COM 319829107 357 76854 SH SOLE 76854 0 0
FIRSTPLUS FINL GROUP INC COM 33763B103 0 115 SH SOLE 115 0 0
FIRSTENERGY CORP COM 337932107 24 514 SH SOLE 514 0 0
FLOWSERVE CORP COM 34354P105 662 7000 SH SOLE 6900 100 0
FONAR CORP 344437405 0 80 SH SOLE 80 0 0
FORD MOTOR COMPANY COM NEW 345370860 20 2000 SH SOLE 2000 0 0
FORTUNE BRANDS INC COM 349631101 4 100 SH SOLE 100 0 0
FRANKLIN FINL SVCS CORP COM 353525108 838 51372 SH SOLE 51372 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 11 141 SH SOLE 141 0 0
FRESENIUS MED CARE 358029106 11 209 SH SOLE 209 0 0
FULTON FINL CORP PA COM 360271100 9 1034 SH SOLE 1034 0 0
GABELLI GLOBAL MULTIMEDIA TR COM 36239Q109 0 51 SH SOLE 51 0 0
GENERAL ELEC CO COM 369604103 265 17487 SH SOLE 17487 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 66 2800 SH SOLE 2800 0 0
GENERAL MLS INC COM 370334104 129 1816 SH SOLE 1816 0 0
GILEAD SCIENCES INC COM 375558103 17 394 SH SOLE 394 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 17 99 SH SOLE 99 0 0
GOOGLE INC CL A 38259P508 1156 1865 SH SOLE 1865 0 0
W R GRACE & CO NEW 38388F108 5 200 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 54 1400 SH SOLE 1400 0 0
HARLEY DAVIDSON INC COM 412822108 10 415 SH SOLE 415 0 0
HARSCO CORP COM 415864107 203 6300 SH SOLE 6300 0 0
HARVEST COMM BK 41752W103 11 1500 SH SOLE 1500 0 0
HAWKINS INC COM 420261109 397 18200 SH SOLE 18200 0 0
HAWKINS INC COM 420261109 2 100 SH DEFINED 100 0 0
HEINZ H J CO COM 423074103 26 600 SH SOLE 600 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 311 8702 SH SOLE 8702 0 0
HEWLETT PACKARD CO COM 428236103 2018 39188 SH SOLE 39188 0 0
HEWLETT PACKARD CO COM 428236103 15 300 SH DEFINED 300 0 0
HOME DEPOT INC COM 437076102 12 400 SH SOLE 400 0 0
HONDA MOTOR CO LTD 438128308 17 500 SH SOLE 500 0 0
HONEYWELL INTL INC COM 438516106 815 20800 SH SOLE 20800 0 0
ITT INDS INC IND COM 450911102 14 282 SH SOLE 282 0 0
IMATION CORP COM 45245A107 0 20 SH SOLE 20 0 0
ING GROEP N V SPONSORED ADR 456837103 11 1136 SH SOLE 1136 0 0
ING GROEP N V 8.5% PER HYB CAP 456837806 88 4000 SH SOLE 4000 0 0
INTEL CORP COM 458140100 86 4200 SH SOLE 4200 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1508 11519 SH SOLE 11519 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 13 100 SH DEFINED 100 0 0
INTUIT COM 461202103 8 250 SH SOLE 250 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 3 200 SH SOLE 200 0 0
ISHARES INC MSCI BRAZIL 464286400 7 100 SH SOLE 100 0 0
ISHARES INC MSCI SINGAPORE 464286673 5 400 SH SOLE 400 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 TR INDEX S&P 500 INDEX 464287200 74 661 SH SOLE 661 0 0
ISHARES MSCI EMERGING MKT ET F 464287234 502 12100 SH SOLE 12100 0 0
ISHARES MSCI EAFE INDEX 464287465 890 16100 SH SOLE 16100 0 0
ISHARES TR INDEX RUSSELL MIDCAP 464287499 37 447 SH SOLE 447 0 0
ISHARES RUSSELL 1000 LARGE C AP VALUE 464287598 201 3500 SH SOLE 3500 0 0
ISHARES RUSSELL 1000 LARGE C AP GROWTH 464287614 598 12000 SH SOLE 12000 0 0
ISHARES TR RUSSELL 2000 464287655 162 2600 SH SOLE 2600 0 0
ISHARES SP EUR 350 TR FUNDS 464287861 393 10100 SH SOLE 10100 0 0
JP MORGAN CHASE CAP X PFD TR SECS 7% 46623D200 10 400 SH SOLE 400 0 0
JPMORGAN CHASE & CO COM 46625H100 635 15252 SH SOLE 15252 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 1128 30000 SH SOLE 30000 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 8 200 SH DEFINED 200 0 0
JOHNSON & JOHNSON COM 478160104 2773 43064 SH SOLE 42964 100 0
JOHNSON & JOHNSON COM 478160104 13 200 SH DEFINED 200 0 0
JOHNSON CTLS INC COM 478366107 116 4257 SH SOLE 4257 0 0
JONES SODA CO COM 48023P106 0 300 SH SOLE 300 0 0
KIMBERLY CLARK CORP COM 494368103 32 500 SH SOLE 500 0 0
KOHLS CORP COM 500255104 5 87 SH SOLE 87 0 0
KRAFT FOODS INC CL A 50075N104 1855 68256 SH SOLE 68256 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 43 500 SH SOLE 500 0 0
LILLY ELI & CO COM 532457108 37 1029 SH SOLE 1029 0 0
LOCKHEED MARTIN CORP COM 539830109 262 3473 SH SOLE 3473 0 0
LOEWS CORP COM 540424108 1027 28250 SH SOLE 28250 0 0
LOWES COS INC COM 548661107 72 3100 SH SOLE 3100 0 0
M & T BK CORP COM 55261F104 1415 21161 SH SOLE 21161 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 5 500 SH SOLE 500 0 0
MANULIFE FINL CORP 56501R106 17 904 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 276 6300 SH SOLE 6300 0 0
MASCO CORP COM 574599106 1 100 SH SOLE 100 0 0
MASTERCARD INCORPORATED 57636Q104 307 1200 SH SOLE 1200 0 0
MCAFEE INC COM 579064106 4 88 SH SOLE 88 0 0
MCDONALDS CORP COM 580135101 129 2071 SH SOLE 2071 0 0
MCKESSON HBOC INC COM 58155Q103 24 377 SH SOLE 377 0 0
MEDCO HEALTH SOLUTIONS INC COM 58405U102 53 824 SH SOLE 824 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 8 800 SH DEFINED 800 0 0
MERCK & CO INC NEW COM 58933Y105 58 1575 SH SOLE 1575 0 0
MERRILL LYNCH PFD CAP TR III TOPRS 7% 59021F206 8 400 SH SOLE 400 0 0
MICROSOFT CORP COM 594918104 2251 73870 SH SOLE 73870 0 0
MICROSOFT CORP COM 594918104 9 300 SH DEFINED 300 0 0
MIDCAP SPDR S & P 400 ETF 595635103 734 5570 SH SOLE 5570 0 0
MIDDLEBY CORP COM 596278101 678 13823 SH SOLE 13823 0 0
MONACO COACH CORP COM 60886R103 0 180 SH SOLE 180 0 0
MONRO MUFFLER BRAKE INC COM 610236101 14 424 SH SOLE 424 0 0
MONSANTO CO NEW COM 61166W101 17 208 SH SOLE 208 0 0
MOTOROLA INC COM 620076109 6 720 SH SOLE 720 0 0
MOTORS LIQ CO COM 62010A105 1 2300 SH SOLE 2300 0 0
NCR CORP NEW COM 62886E108 0 30 SH SOLE 30 0 0
NYSE EURONEXT COM 629491101 746 29500 SH SOLE 29500 0 0
NYSE EURONEXT COM 629491101 3 100 SH DEFINED 100 0 0
NIKE INC CL B 654106103 13 200 SH SOLE 200 0 0
NORFOLK SOUTHERN CORP COM 655844108 14 270 SH SOLE 270 0 0
NORTHEAST UTILS COM 664397106 3 102 SH SOLE 102 0 0
NORTHROP GRUMMAN CORP COM 666807102 34 614 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 10 173 SH SOLE 173 0 0
NUVEEN PFD & CONV INCOME FD COM SHS 67073D102 17 2223 SH SOLE 2223 0 0
OCEANEERING INTERNATIONAL IN 675232102 942 16100 SH SOLE 16100 0 0
OLD LINE BANCSHARES 67984M100 16 2500 SH SOLE 2500 0 0
OMNICOM GROUP INC 681919106 3 79 SH SOLE 79 0 0
ORACLE CORP COM 68389X105 25 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 377 10816 SH SOLE 10816 0 0
ORRSTOWN FINL SVCS INC COM 687380105 11806 338488 SH SOLE 338488 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 9 3500 SH SOLE 3500 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 1677 31775 SH SOLE 31775 0 0
PPG INDS INC COM 693506107 23 400 SH SOLE 400 0 0
P P & L RES INC COM 69351T106 320 9920 SH SOLE 9920 0 0
PARKER HANNIFIN CORP COM 701094104 921 17100 SH SOLE 17100 0 0
PENGROWTH ENERGY TR TR UNIT NEW 706902509 8 800 SH SOLE 800 0 0
PENN NATL GAMING INC COM 707569109 107 3925 SH SOLE 3925 0 0
PENN VA RESOURCES PARTNERS L COM 707884102 13 600 SH SOLE 600 0 0
PEPSICO INC COM 713448108 2420 39806 SH SOLE 39806 0 0
PEPSICO INC COM 713448108 6 100 SH DEFINED 100 0 0
PETROLEUM & RES CORP COM 716549100 36 1513 SH SOLE 1513 0 0
PFIZER INC COM 717081103 279 15329 SH SOLE 15329 0 0
PHILIP MORRIS INTL INC COM 718172109 563 11694 SH SOLE 11694 0 0
PHILIP MORRIS INTL INC COM 718172109 5 100 SH DEFINED 100 0 0
POWERSHARES QQQ TR 73935A104 1892 41350 SH SOLE 41350 0 0
POWERSHARES WATER RESOURCE E TF 73935X575 400 23700 SH SOLE 23700 0 0
POWERSHARES WATER RESOURCE E TF 73935X575 2 100 SH DEFINED 100 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 571 40850 SH SOLE 40350 500 0
PRAXAIR INC COM 74005P104 25 312 SH SOLE 312 0 0
PRECISION CASTPARTS CORP COM 740189105 3 28 SH SOLE 28 0 0
PROCTER & GAMBLE CO COM 742718109 146 2400 SH SOLE 2400 0 0
PRUDENTIAL FINL INC COM 744320102 31 621 SH SOLE 621 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 33 1000 SH SOLE 1000 0 0
QNB CORP COM 74726N107 47 2750 SH SOLE 2750 0 0
QUALCOMM INC COM 747525103 15 325 SH SOLE 325 0 0
RAVEN INDS INC COM 754212108 1213 38300 SH SOLE 38200 100 0
RAVEN INDS INC COM 754212108 3 100 SH DEFINED 100 0 0
RAYONIER INC COM 754907103 11 265 SH SOLE 265 0 0
RESEARCH IN MOTION LTD COM 760975102 20 302 SH SOLE 302 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 413 17500 SH SOLE 17500 0 0
ROSS STORES INC COM 778296103 18 426 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 22 2000 SH SOLE 2000 0 0
SPDR S & P 500 INDEX ETF 78462F103 2279 20450 SH SOLE 20450 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 439 4090 SH SOLE 4090 0 0
SPX CORP COM 784635104 5 100 SH SOLE 100 0 0
SPDR S&P OIL & GAS EQUIPMENT & SVCS ETF 78464A748 273 9600 SH SOLE 9600 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 638 13800 SH SOLE 13800 0 0
ST JUDE MED INC COM 790849103 154 4200 SH SOLE 4200 0 0
SARA LEE CORP COM 803111103 4 350 SH SOLE 350 0 0
SCHLUMBERGER LTD COM 806857108 13 200 SH SOLE 200 0 0
SEALED AIR CORP NEW COM 81211K100 5 214 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
SKINNY NUTRITIONAL CORP COM 830695102 1 10000 SH SOLE 10000 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 7 500 SH SOLE 500 0 0
SMITH INTERNATIONAL INC 832110100 7 260 SH SOLE 260 0 0
SMUCKER J M CO COM NEW 832696405 8 123 SH SOLE 123 0 0
SOUTH FINL GROUP INC COM 837841105 3 4500 SH SOLE 4500 0 0
SOUTHERN CO COM 842587107 17 513 SH SOLE 513 0 0
SPICY PICKLE FRANCHISING COM 84844T100 0 500 SH SOLE 500 0 0
SPRINT NEXTEL GROUP COM FON GROUP 852061100 8 2270 SH SOLE 2270 0 0
STAMPS COM INC COM NEW 852857200 1 100 SH SOLE 100 0 0
STANLEY WKS COM 854616109 3 50 SH SOLE 50 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 33 700 SH SOLE 700 0 0
SUN LIFE FINL SVCS CDA INC COM 866796105 67 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 17 2873 SH SOLE 2873 0 0
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