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ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]  
Statements of Condition
 
December 31,
In thousands
2019
 
2018
ASSETS
 
 
 
Cash
$
6,828

 
$
7,391

Investment in banking subsidiary
176,689

 
156,651

Investment in other subsidiaries
10,473

 
9,389

Investments in low-income housing partnerships

 
240

Securities and other assets
1,558

 
1,271

Receivable from banking subsidiary
812

 
518

Total Assets
$
196,360

 
$
175,460

LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
Long-term debt
$
6,830

 
$
7,300

Other liabilities
14

 
23

Stockholders’ equity
189,516

 
168,137

Total Liabilities and Stockholders’ Equity
$
196,360

 
$
175,460

Statements of Income
 
Years Ended December 31,
In thousands
2019
 
2018
Dividends from banking subsidiary
$
6,920

 
$
6,261

Gain on sale of securities

 
47

Other income
282

 
35

 
7,202

 
6,343

Expenses
1,739

 
1,421

 
5,463

 
4,922

Income tax benefit
501

 
547

 
5,964

 
5,469

Equity in undistributed earnings of subsidiaries
17,757

 
16,279

Net Income
$
23,721

 
$
21,748

Comprehensive Income
$
27,085

 
$
19,623

Statements of Cash Flows
 
Years Ended December 31,
In thousands
2019
 
2018
CASH FLOWS FROM OPERATING ACTIVITIES
 
 
 
Net income
$
23,721

 
$
21,748

Equity in undistributed earnings of subsidiaries
(17,757
)
 
(16,279
)
Increase in receivable from banking subsidiary
(294
)
 
(400
)
Gain on sale of securities

 
47

Other
(57
)
 
669

Net Cash Provided by Operating Activities
5,613

 
5,785

CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 

 

Net Cash Used in Investing Activities

 

CASH FLOWS USED IN FINANCING ACTIVITIES
 
 
 
Repayments on long-term debt
(470
)
 
(2,300
)
Proceeds from issuance of common stock
1,214

 
727

Dividends paid
(6,920
)
 
(6,261
)
Net Cash Used in Financing Activities
(6,176
)
 
(7,834
)
Net Decrease in Cash and Cash Equivalents
(563
)
 
(2,049
)
CASH AND CASH EQUIVALENTS — BEGINNING
7,391

 
9,440

CASH AND CASH EQUIVALENTS — ENDING
$
6,828

 
$
7,391