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ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION
12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION PARENT COMPANY ONLY FINANCIAL INFORMATION
CONDENSED STATEMENTS OF CONDITION
 December 31,
(In thousands)20242023
ASSETS  
Cash$19,826 $16,647 
Investment in banking subsidiary284,416 258,748 
Investment in other subsidiaries19,331 20,023 
Securities and other assets191 1,107 
Receivable from banking subsidiary63 1,355 
Total Assets$323,827 $297,880 
LIABILITIES AND STOCKHOLDERS’ EQUITY  
Long-term borrowings$20,333 $20,292 
Other liabilities221 127 
Stockholders’ equity303,273 277,461 
Total Liabilities and Stockholders’ Equity$323,827 $297,880 
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS)
 Years Ended December 31,
(In thousands)202420232022
Dividends from banking subsidiary$10,713 $9,702 $9,117 
Net (loss) gain on sales of securities (7)13 
Other Income31 41 519 
10,744 9,736 9,649 
Expenses2,859 1,934 1,653 
7,885 7,802 7,996 
Income tax benefit426 413 516 
8,311 8,215 8,512 
Equity in undistributed earnings of subsidiaries23,535 23,473 27,240 
Net Income$31,846 $31,688 $35,752 
Comprehensive Income (Loss) $35,087 $44,791 $(12,715)
CONDENSED STATEMENTS OF CASH FLOWS
 Years Ended December 31,
(In thousands)202420232022
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income$31,846 $31,688 $35,752 
Equity in undistributed earnings of subsidiaries(23,535)(23,473)(27,240)
Decrease (increase) in receivable from banking subsidiary1,292 153 (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)
Other2,314 439 (308)
Net Cash Provided by Operating Activities11,917 8,800 7,636 
CASH FLOWS FROM INVESTING ACTIVITIES  
Return on investment from subsidiary1,800 — 13,000 
Proceeds from sale of low-income housing partnership — 421 
Proceeds from sale of equity securities 592 811 
Net Cash Used in Investing Activities1,800 592 14,232 
CASH FLOWS USED IN FINANCING ACTIVITIES  
Repayments on long-term borrowings— — (2,700)
Dividends paid(10,713)(9,702)(9,117)
Common stock repurchased(249)(2,027)(6,681)
Common stock issued424 721 1,442 
Net Cash Used in Financing Activities(10,538)(11,008)(17,056)
Net Increase (Decrease) in Cash and Cash Equivalents3,179 (1,616)4,812 
CASH AND CASH EQUIVALENTS — BEGINNING16,647 18,263 13,451 
CASH AND CASH EQUIVALENTS — ENDING$19,826 $16,647 $18,263