Start with a black background, and set your foreground abd background color to #87681E and Black.
Go to Filter>Render>Clouds
Go to Images>Adjust>Brightness/Contrast:
Set : Brightness: 40 and contrast: -30
Go to Filter>Brush Strokes>Sprayed Strokes.
Set: Stroke Length: 5 Spray Radius: 20 Stroke Direction: Horizontal
Go to Filter>Noise>Add Noise.
Set: Amount: 3 Distribution: Gausian Monochromatic: Checked
Go to Filter>Brush Strokes>Splatter
Set:
Radius: 25
Smoothness: 15
Go to Filter > Sharpen>Unsharp Mask
Set: Amount: 70% Radius: 55px Threshold: 0
Do it 1 more time, this time, set: Amount: 50% Radius: 40px Threshold: 0
Use the type tool to create a new text. and apply the following layer styles: DropShadow: Inner Shadow and 1 pixel stroke. you can play around with these.
Then set the text layer blending mode to "Linear Dodge
