Lease Commitments

12 Months Ended

Dec. 31, 2012

NOTE H — LEASE COMMITMENTS

Certain branch offices and equipment are leased under agreements which expire at varying dates through 2024. Most leases contain renewal provisions at the Corporation's option. The total rental expense for all operating leases was $424,000, $405,000 and $462,000 for the years ended December 31, 2012, 2011 and 2010, respectively.

The following is a schedule by year of future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31:


Years Ending	In thousands
2013	$	409
2014	372
2015	356
2016	252
2017	126
Later years	472
	$	1,987

ACNB leases space at several of its owned offices to other unrelated organizations under agreements that expire at varying dates from 2013 to 2014. Most leases contain renewal provisions at the option of the lessee. Total rental income for these properties was $133,000, $130,000 and $123,000 for the years ended December 31, 2012, 2011 and 2010, respectively.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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