ACNB CORP

Listed Company

ACNBCIK 0000715579NasdaqAcceleratedState Commercial BanksPennsylvaniaFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$37.05M

Total Assets

$3.23B

Equity

$419.97M

Shares Out

10.35M

Op. Cash Flow

$53.64M

Business

ACNB Corporation is a financial holding company that provides banking, trust, wealth management and insurance services through its subsidiaries. It offers retail and commercial banking, mortgage and consumer lending, trust and investment management, retail brokerage via a third-party provider, and a full-service insurance agency providing property, casualty, health, life and disability products. Its key operating units are ACNB Bank (community banking and ACNB Wealth Management) and ACNB Insurance Services (insurance agency reported as a separate segment). The company serves local markets through a network of community banking and insurance offices, ATMs, contact center, and online, telephone and mobile channels across parts of Pennsylvania and Maryland and, for insurance, licensed operations in multiple states.

Summary from filing dated 2025-03-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Taxable	142	91	79	69	—
Tax-exempt	1	1	1	1	—
Taxable	13	11	11	10	5
Tax-exempt	1	1	1	1	543,000
Dividends	1	970,000	331,000	104,000	230,000
Other	4	3	3	6	777,000
Total Interest and Dividend Income	163	107	97	87	78
Deposits	27	11	4	3	5
Short-term borrowings	2	859,000	898,000	77,000	39,000
Long-term borrowings	12	12	4	986,000	2
Total Interest Expense	40	24	8	4	7
Net Interest Income	123	84	88	83	—
Provision for (reversal of) credit losses	5	−2	860,000	0	50,000
Reversal of provision for unfunded commitments	−532,000	−326,000	−16,000	—	—
Net Interest Income after Provisions for (Reversals of) Credit Losses and Unfunded Commitments	118	86	87	83	71
Insurance commissions	9	10	9	8	6
Earnings on investment in bank-owned life insurance	3	2	2	2	1
Gain on life insurance proceeds	285,000	0	0	0	101,000
Net (losses) gains on sales or calls of investment securities	−4	69,000	−5	−234,000	0
Net gains (losses) on equity securities	30,000	−9,000	18,000	−298,000	439,000
Gain on assets held for sale	0	0	337,000	0	—
Other	2	963,000	1	1	1
Total Noninterest Income	29	25	18	22	23
Salaries and employee benefits	53	43	41	36	37
Equipment	9	7	7	7	6
Net occupancy	5	4	4	4	4
Professional services	3	2	2	2	1
Other tax	2	1	1	2	2
FDIC and regulatory	2	1	1	1	960,000
Intangible assets amortization	4	1	1	2	1
Merger-related	11	2	0	0	0
Other	12	8	8	7	6
Total Noninterest Expenses	101	71	66	60	59
Income Before Income Taxes	46	40	40	45	35
Income taxes	9	9	8	9	7
Net Income	37	32	32	36	28
Basic earnings	3.61	3.75	3.72	4.15	3.19
Diluted earnings	3.6	3.73	3.71	4.15	—
Weighted average shares outstanding, basic (in shares)	10	9	9	9	—
Weighted average shares outstanding, diluted (in shares)	10	9	9	9	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2022 2022-03-31
Cash and due from banks	21	16	21	40	—
Interest-bearing deposits with banks	45	31	45	128	—
Total Cash and Cash Equivalents	66	47	66	168	—
Equity securities with readily determinable fair values	949,000	919,000	928,000	2	—
Investment securities available for sale, at estimated fair value	467	394	452	554	40
Investment securities held to maturity, at amortized cost (fair value $57,537, $56,924)	63	65	65	65	—
Loans held for sale	28	426,000	—	—	—
Total loans, net of unearned income	2,331	1,683	1,628	1,539	—
Less: Allowance for credit losses	−24	−17	−20	−18	—
Loans, net	2,307	1,666	1,608	1,521	—
Premises and equipment, net	31	25	26	27	—
Right of use asset	4	3	3	3	—
Restricted investment in bank stocks	14	11	10	2	—
Investment in bank-owned life insurance	106	82	80	78	—
Investments in low-income housing partnerships	751,000	877,000	1	1	—
Goodwill	64	44	44	44	—
Intangible assets, net	22	8	9	10	—
Assets held for sale	275,000	0	—	—	—
Foreclosed assets held for resale	19,000	438,000	467,000	474,000	—
Other assets	54	48	54	47	—
Total Assets	3,228	2,395	2,419	2,526	—
Deposits: Non-interest bearing	554	452	500	595	—
Deposits: Interest bearing	1,896	1,341	1,361	1,604	—
Total Deposits	2,450	1,793	1,862	2,199	—
Short-term borrowings	65	16	57	42	—
Long-term borrowings	255	255	195	21	—
Lease liability	4	3	3	3	—
Allowance for unfunded commitments	2	1	2	92,000	—
Other liabilities	32	24	23	15	—
Total Liabilities	2,808	2,092	2,141	2,280	—
Preferred stock, $2.50 par value; 20,000,000 shares authorized; no shares outstanding at December 31, 2025 and 2024	0	0	0	0	—
Common stock, $2.50 par value; 20,000,000 shares authorized; 11,028,152 and 8,945,293 shares issued; 10,372,251 and 8,553,785 shares outstanding at December 31, 2025 and 2024, respectively	28	22	22	22	—
Treasury stock, at cost 655,901 and 391,508 shares at December 31, 2025 and 2024, respectively	−22	−11	−11	−9	—
Additional paid-in capital	180	99	98	96	—
Retained earnings	257	235	213	245	—
Accumulated other comprehensive loss	−22	−42	−45	−58	—
Total Stockholders Equity	420	303	277	245	—
Total Liabilities and Stockholders Equity	3,228	2,395	2,419	2,526	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Gain on sales of loans originated for sale	−5	−301,000	−56,000	−487,000	−3
Gain on sales of assets held for sale	0	0	−337,000	0	—
Restricted stock compensation expense	1	1	1	729,000	362,000
Depreciation and amortization	7	3	3	4	3
Net Amortization Of Purchase Accounting Adjustments	8	0	0	—	—
Provision for (reversal of) credit losses and unfunded commitments	5	−3	844,000	0	—
Net amortization of investment securities premiums	1	2	690,000	2	2
Decrease (increase) in interest receivable	155,000	−109,000	−1	−1	1
(Decrease) increase in interest payable	−778,000	757,000	743,000	−58,000	−1
Mortgage loans originated for sale	−195	−13	−3	−37	−105
Proceeds from sales of loans originated for sale	185	13	3	39	117
Decrease (increase) in other assets	6	5	−7	−4	−4
Deferred income tax	4	779,000	2	924,000	236,000
(Decrease) increase in other liabilities	−285,000	108,000	6	910,000	6
Net Cash Provided by Operating Activities	54	40	41	39	42
Proceeds from calls/maturities of investment securities held to maturity	2	727,000	1	3	4
Proceeds from calls/maturities of investment securities available for sale	57	45	33	59	105
Proceeds from sales of investment securities available for sale	169	14	125	3	0
Proceeds from sales of equity securities	0	0	592,000	811,000	0
Purchase of investment securities available for sale	−183	0	−49	−284	−217
Net purchases of restricted investment in bank stocks	−61,000	−1	−8	674,000	639,000
Net increase in loans	−7	−55	−90	−72	168
Purchase of bank-owned life insurance	−8	0	0	−12	0
Net cash and cash equivalents received from acquisition	36	0	0	—	0
Acquisition of insurance books of business/agency	0	0	−174,000	−8	0
Capital expenditures	−1	−960,000	−1	−2	−2
Proceeds from sales of assets held for sale	0	0	4	0	—
Net Cash Provided by Investing Activities	65	2	15	−332	61
Net decrease in noninterest-bearing deposits	−8	−49	−95	−28	—
Net decrease in interest-bearing deposits	−76	−20	−242	−199	—
Net increase (decrease) in short-term borrowings	49	−41	15	7	−3
Proceeds from long-term borrowings	0	60	175	2	15
Repayments on long-term borrowings	−40	0	0	−15	−34
Dividends paid	−14	−11	−10	−9	−9
Common stock repurchased	−11	−249,000	−2	−7	−2
Common stock issued, net of restricted stock forfeitures and withheld for taxes	642,000	424,000	721,000	713,000	60,000
Net Cash Used in Financing Activities	−100	−61	−158	−249	208
Net Increase (Decrease) in Cash and Cash Equivalents	18	−19	−102	−542	311
Cash paid for interest	39	23	7	4	8
Cash paid for Federal income taxes	5	6	9	—	—
Cash paid for State income taxes	417,000	578,000	1	—	—
Recognition of operating lease right of use assets	729,000	0	126,000	472,000	—
Recognition of operating lease liabilities	729,000	0	126,000	472,000	—
Premises and equipment, net transferred to assets held for sale	275,000	0	0	3	0
Loans transferred to foreclosed assets held for resale and other foreclosed transactions	0	32,000	0	474,000	101,000
Net assets acquired	878	0	0	—	—
Liabilities assumed	794	0	0	—	—
Common shares issued	84	0	0	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro