ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION

ACNB CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION

STATEMENTS OF CONDITION

	December 31,
In thousands	2016		2015
ASSETS
Cash	$	8,563	$	4,448
Investment in banking subsidiary	100,395		95,948
Investment in other subsidiaries	8,768		8,928
Investments in low-income housing partnerships	1,016		1,336
Securities and other assets	1,232		1,340
Receivable from banking subsidiary	130		2,769
Total Assets	$	120,104	$	114,769
LIABILITIES AND STOCKHOLDERS’ EQUITY
Other liabilities	$	43	$	54
Stockholders’ equity	120,061		114,715
Total Liabilities and Stockholders’ Equity	$	120,104	$	114,769

STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

	Years Ended December 31,
In thousands	2016		2015		2014
Dividends from banking subsidiary	$	4,840	$	4,820	$	4,801
Gain on sale of securities	26		—		—
Other income	35		190		310
	4,901		5,010		5,111
Expenses	854		431		697
	4,047		4,579		4,414
Income tax benefit	490		381		810
	4,537		4,960		5,224
Equity in undistributed earnings of subsidiaries	6,332		6,057		5,066
Net Income	$	10,869	$	11,017	$	10,290
Comprehensive Income	$	9,571	$	9,014	$	7,461

STATEMENTS OF CASH FLOWS

	Years Ended December 31,
In thousands	2016			2015			2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	10,869		$	11,017		$	10,290
Equity in undistributed earnings of subsidiaries	(6,332		)	(6,057		)	(5,066		)
Decrease (Increase) in receivable from banking subsidiary	2,639			(131		)	(810		)
Gain on sale of securities	(26		)	—			—
Other	540			86			799
Net Cash Provided by Operating Activities	7,690			4,915			5,213
CASH FLOWS FROM INVESTING ACTIVITIES
Return of investment from subsidiary	650			750			250
Net Cash Provided by Investing Activities	650			750			250
CASH FLOWS USED IN FINANCING ACTIVITIES
Repayments on long-term debt	—			(1,437		)	(266		)
Proceeds from issuance of common stock	615			499			381
Dividends paid	(4,840		)	(4,820		)	(4,622		)
Net Cash Used in Financing Activities	(4,225		)	(5,758		)	(4,507		)
Net Increase (Decrease) in Cash and Cash Equivalents	4,115			(93		)	956
CASH AND CASH EQUIVALENTS — BEGINNING	4,448			4,541			3,585
CASH AND CASH EQUIVALENTS — ENDING	$	8,563		$	4,448		$	4,541