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ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]  
Statements of Condition
 December 31,
In thousands20222021
ASSETS  
Cash$18,263 $13,451 
Investment in banking subsidiary225,806 266,983 
Investment in other subsidiaries18,757 11,807 
Securities and other assets1,797 2,549 
Receivable from banking subsidiary1,508 1,197 
Total Assets$266,131 $295,987 
LIABILITIES AND STOCKHOLDERS’ EQUITY  
Long-term debt$21,000 $23,700 
Other liabilities89 173 
Stockholders’ equity245,042 272,114 
Total Liabilities and Stockholders’ Equity$266,131 $295,987 
Statements of Income
 Years Ended December 31,
In thousands20222021
Dividends from banking subsidiary$9,117 $8,968 
Gain on sale of securities13 — 
Other income519 554 
9,649 9,522 
Expenses1,653 1,649 
7,996 7,873 
Income tax benefit516 511 
8,512 8,384 
Equity in undistributed earnings of subsidiaries27,240 19,450 
Net Income$35,752 $27,834 
Comprehensive (Loss) Income$(12,715)$23,927 
Statements of Cash Flows
 Years Ended December 31,
In thousands20222021
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income$35,752 $27,834 
Equity in undistributed earnings of subsidiaries(27,240)(19,450)
(Increase) Decrease in receivable from banking subsidiary(311)54 
Gain on sale of securities(13)— 
Gain (Loss) on equity securities177 (468)
Gain on sale of low-income housing partnership(421)— 
Other(308)555 
Net Cash Provided by Operating Activities7,636 8,525 
CASH FLOWS FROM INVESTING ACTIVITIES  
Return on investment from subsidiary13,000 — 
Proceeds from sale of low-income housing partnership421 — 
Proceeds from sale of equity securities811 — 
Net Cash Used in Investing Activities14,232 — 
CASH FLOWS USED IN FINANCING ACTIVITIES  
Proceeds from long-term debt 15,000 
Repayments on long-term debt(2,700)(6,329)
Payment to repurchase common stock(6,681)(1,517)
Proceeds from issuance of common stock1,442 343 
Dividends paid(9,117)(8,968)
Net Cash Used in Financing Activities(17,056)(1,471)
Net Increase (Decrease) in Cash and Cash Equivalents4,812 7,054 
CASH AND CASH EQUIVALENTS — BEGINNING13,451 6,397 
CASH AND CASH EQUIVALENTS — ENDING$18,263 $13,451