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SEGMENT AND RELATED INFORMATION
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
SEGMENT AND RELATED INFORMATION SEGMENT AND RELATED INFORMATION
The Corporation adopted the amendments of ASU 2023-07, “Segment Reporting (Topic 280)” related to annual disclosure requirements effective January 1, 2024. The Corporation’s reportable segments are determined by the ACNB Board of Directors. The reportable segments are determined by how operating decisions are made and performance is assessed. The CODM evaluates the financial performance of the various business components by evaluating revenue streams, significant expenses and budget to actual results in assessing the performance of the Corporation’s segments and in order to determine the allocation of resources. The ACNB Board of Directors has determined that the Corporation has two reporting segments, the Bank and ACNB Insurance Services and considers the President and CEO of ACNB Corporation to be the CODM of both reporting segments. Key measurements of performance in the banking segment are the net interest margin and the provision for credit losses, both which indicate the Bank’s ability to manage risk, and also the Bank’s ability to grow noninterest income and manage the largest noninterest expense, salaries and employee benefits. AIS Insurance Services is a subsidiary of the Corporation and is governed by its own Board of Directors. Key measurements of performance are revenues from commissions on insurance policies and the significant expense associated with those revenues are salaries and employee benefits. These two factors are significant in assessing the performance of the agency.
Reportable segment information and reconciliations to the consolidated financial information for the years ended December 31:
(In thousands)BankingInsurance
Other1
Total
2024   
Interest income$107,456 $4 $5 $107,465 
Noninterest income14,976 9,754 — 24,730 
Total consolidated revenues132,195 
Interest expense22,803 — 1,051 23,854 
Reversal of credit losses and unfunded commitments(2,763)— — (2,763)
Depreciation and amortization expense2,246 787 — 3,033 
Salaries and employee benefits36,670 5,869 390 42,929 
Other noninterest expense2
21,758 1,574 1,391 24,723 
Income before income taxes41,718 1,528 (2,827)40,419 
Provision for income taxes8,579 420 (426)8,573 
Net income (loss)$33,139 $1,108 $(2,401)$31,846 
Total assets$2,377,180 $22,026 $(4,376)$2,394,830 
Goodwill$35,800 $8,385 $— $44,185 
Capital expenditures$929 $31 $— $960 
2023   
Interest income$96,600 $3 $37 $96,640 
Noninterest income9,133 9,319 (7)18,445 
Total consolidated revenues115,085 
Interest expense7,268 — 1,052 8,320 
Provision for credit losses and unfunded commitments844 — — 844 
Depreciation and amortization expense2,515 847 — 3,362 
Salaries and employee benefits35,322 5,609 — 40,931 
Other noninterest expense2
19,736 1,165 87821,779 
Income before income taxes40,048 1,701 (1,900)39,849 
Provision for income taxes8,139 435 (413)8,161 
Net income (loss)$31,909 $1,266 $(1,487)$31,688 
Total assets$2,397,992 $23,187 $(2,332)$2,418,847 
Goodwill$35,800 $8,385 $— $44,185 
Capital expenditures$424 $744 $— $1,168 
2022
Interest income$86,952 $2 $95 $87,049 
Noninterest income13,242 8,307 258 21,807 
Total consolidated revenues108,856 
Interest expense2,672 35 917 3,624 
Depreciation and amortization expense2,995 801 — 3,796 
Salaries and employee benefits30,941 5,038 — 35,979 
Other noninterest expense2
18,826 1,123 557 20,506 
Income before income taxes44,760 1,312 (1,121)44,951 
Provision for income taxes9,353 362 (516)9,199 
Net income (loss)$35,407 $950 $(605)$35,752 
Total assets$2,487,272 $21,414 $16,821 $2,525,507 
Goodwill$35,800 $8,385 $— $44,185 
Capital expenditures$1,783 $28 $— $1,811 
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1 Includes the holding company and intercompany eliminations, including the intersegment elimination of interest income and interest expense.
2 Other noninterest expense for Banking includes equipment, net occupancy, professional services, other tax, FDIC and regulatory and merger-related expenses. Other noninterest expense for Insurance includes equipment, net occupancy and professional services expenses.