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ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract] |
Statements of Condition |
| December 31,
(In thousands) | 2023 |  | 2022
ASSETS |  |  |
Cash | $ | 16,647 |  |  | $ | 18,263 |
Investment in banking subsidiary | 258,748 |  |  | 225,806 |
Investment in other subsidiaries | 20,023 |  |  | 18,757 |
Securities and other assets | 1,107 |  |  | 1,797 |
Receivable from banking subsidiary | 1,355 |  |  | 1,508 |
Total Assets | $ | 297,880 |  |  | $ | 266,131 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |
Long-term borrowings | $ | 20,292 |  |  | $ | 21,000 |
Other liabilities | 127 |  |  | 89 |
Stockholders’ equity | 277,461 |  |  | 245,042 |
Total Liabilities and Stockholders’ Equity | $ | 297,880 |  |  | $ | 266,131 |
Statements of Income |
| Years Ended December 31,
(In thousands) | 2023 |  | 2022
Dividends from banking subsidiary | $ | 9,702 |  |  | $ | 9,117 |
Net (loss) gain on sales of securities | (7) |  |  | 13 |
Other Income | 41 |  |  | 519 |
| 9,736 |  |  | 9,649 |
Expenses | 1,934 |  |  | 1,653 |
| 7,802 |  |  | 7,996 |
Income tax benefit | 413 |  |  | 516 |
| 8,215 |  |  | 8,512 |
Equity in undistributed earnings of subsidiaries | 23,473 |  |  | 27,240 |
Net Income | $ | 31,688 |  |  | $ | 35,752 |
Comprehensive Income (Loss) | $ | 44,791 |  |  | $ | (12,715) |
Statements of Cash Flows |
| Years Ended December 31,
(In thousands) | 2023 |  | 2022
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |
Net income | $ | 31,688 |  |  | $ | 35,752 |
Equity in undistributed earnings of subsidiaries | (23,473) |  |  | (27,240) |
(Increase) decrease in receivable from banking subsidiary | 153 |  |  | (311) |
Gain on sale of equity securities | (7) |  |  | (13) |
Mark-to-market gain on equity securities | — |  |  | 177 |
Gain on sale of low-income housing partnership | — |  |  | (421) |
Other | 439 |  |  | (308) |
Net Cash Provided by Operating Activities | 8,800 |  |  | 7,636 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |
Return on investment from subsidiary | — |  |  | 13,000 |
Proceeds from sale of low-income housing partnership | — |  |  | 421 |
Proceeds from sale of equity securities | 592 |  |  | 811 |
Net Cash Used in Investing Activities | 592 |  |  | 14,232 |
CASH FLOWS USED IN FINANCING ACTIVITIES |  |  |
Repayments on long-term borrowings | — |  |  | (2,700) |
Dividends paid | (9,702) |  |  | (9,117) |
Common stock repurchased | (2,027) |  |  | (6,681) |
Common stock issued | 721 |  |  | 1,442 |
Net Cash Used in Financing Activities | (11,008) |  |  | (17,056) |
Net Increase (Decrease) in Cash and Cash Equivalents | (1,616) |  |  | 4,812 |
CASH AND CASH EQUIVALENTS — BEGINNING | 18,263 |  |  | 13,451 |
CASH AND CASH EQUIVALENTS — ENDING | $ | 16,647 |  |  | $ | 18,263 |

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