ACNB Corporation (Parent Company Only) Financial Information

12 Months Ended

Dec. 31, 2012

ACNB Corporation (Parent Company Only) Financial Information [Abstract]

ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION

 

NOTE Q — ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION

STATEMENTS OF CONDITION

	December 31,
In thousands	2012		2011
ASSETS
Cash	$	1,161	$	266
Investment in banking subsidiary	85,975		83,274
Investment in other subsidiaries	10,342		9,993
Investments in low-income housing partnerships	3,334		3,774
Securities and other assets	1,504		1,634
Receivable from banking subsidiary	985		724
Total Assets	$	103,301	$	99,665
LIABILITIES AND STOCKHOLDERS' EQUITY
Long-term debt	$	1,954	$	2,191
Other liabilities	83		—
Stockholders' equity	101,264		97,474
Total Liabilities and Stockholders' Equity	$	103,301	$	99,665

STATEMENTS OF INCOME

	Years Ended December 31,
In thousands	2012		2011		2010
Dividends from banking subsidiary	$	4,762	$	4,689	$	4,506
Other income	44		47		288
	4,806		4,736		4,794
Expenses	591		494		445
	4,215		4,242		4,349
Income tax benefit	736		709		633
	4,951		4,951		4,982
Equity in undistributed earnings of subsidiaries	3,935		3,551		3,437
Net Income	$	8,886	$	8,502	$	8,419

STATEMENTS OF CASH FLOWS

	Years Ended December 31,
In thousands	2012			2011			2010
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	8,886		$	8,502		$	8,419
Equity in undistributed earnings of subsidiaries	(3,935		)	(3,551		)	(3,437		)
(Increase) decrease in receivable from banking subsidiary	(261		)	(350		)	21
Other	671			45			257
Net Cash Provided by Operating Activities	5,361			4,646			5,260
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in insurance agency subsidiary	—			—			—
Net Cash From Investing Activities	—			—			—
CASH FLOWS USED IN FINANCING ACTIVITIES
Repayments on long-term debt	(237		)	(308		)	(795		)
Proceeds from issuance of common stock	295			257			—
Dividends paid	(4,524		)	(4,512		)	(4,506		)
Net Cash Used in Financing Activities	(4,466		)	(4,563		)	(5,301		)
Net Increase (Decrease) in Cash and Cash Equivalents	895			83			(41		)
CASH AND CASH EQUIVALENTS — BEGINNING	266			183			224
CASH AND CASH EQUIVALENTS — ENDING	$	1,161		$	266		$	183