8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  March 12, 2008

ACNB Corporation

(Exact name of Registrant as specified in its charter)

Pennsylvania	0-11783	23-2233457
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
16 Lincoln Square, Gettysburg, PA		17325
(Address of principal executive offices)		(Zip Code)

717.334.3161

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act  (17 CFR 240.13e-4(c))

CURRENT REPORT ON FORM 8-K

ITEM 2.02	Results of Operations and Financial Condition
	ACNB Corporation released earnings results for the year ended 2007, as more fully described in the attached press release as of March 12, 2008. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information furnished under this Item 2.02 of this Current Report on Form 8-K shall not be deemed to be filed for purposes of the Securities Exchange Act of 1934.
ITEM 9.01	Financial Statements and Exhibits
	(d) Exhibits.

Exhibit Number		Description
	99.1	Press release dated March 12, 2008.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.

	ACNB CORPORATION
	(Registrant)
Dated: March 12, 2008	/s/ Lynda L. Glass
	Lynda L. Glass
	Executive Vice President,
	Secretary & Treasurer

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EXHIBIT INDEX

EXHIBIT NO.
	99.1	Press release dated March 12, 2008.

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EX-99.1

Exhibit 99.1

Press Release

FOR IMMEDIATE RELEASE

Contact: Lynda L. Glass

717.339.5085  

ACNB CORPORATION

REPORTS 2007 EARNINGS

GETTYSBURG, PA, March 12— ACNB Corporation reported net income of $7,937,000 for the year ended December 31, 2007, up 9% in comparison to $7,290,000 for the year ended December 31, 2006. Net income on a per share basis amounted to $1.32 for 2007 and $1.22 for 2006. All earnings per share were restated for the 5% common stock dividends distributed in December 2006 and 2007.

Total non-interest income in 2007 increased by $452,000, or 5%, over the year 2006. Higher revenues in the form of insurance commissions from Russell Insurance Group, Inc. and fee income from Adams County National Bank’s trust and retail operations contributed to this rise in non-interest income. Effective expense control resulted in total non-interest expense increasing by 1% for the year ended December 31, 2007.

Cash dividends paid to shareholders for 2007 totaled $4,566,000, or $.76 per share, as restated due to the 5% common stock dividend declared for shareholders of record as of November 30, 2007, and distributed on December 14, 2007.

Total assets of ACNB Corporation on December 31, 2007, were $927 million. Total loans increased by 5% to $548 million, as compared to December 31, 2006. Total deposits rose slightly year over year to $671 million. A 10% increase in shareholders’ equity resulted in an aggregate of $85.1 million on December 31, 2007.

ACNB Corporation, headquartered in Gettysburg, PA, is the financial holding company for the wholly-owned subsidiaries of Adams County National Bank, Gettysburg, PA, and Russell Insurance Group, Inc., Westminster, MD. Originally founded in 1857, Adams County National Bank serves its marketplace via a network of eighteen retail banking offices located throughout Adams County, PA,

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and in Dillsburg and Hanover, York County, PA, as well as a Chambersburg Loan Office in Franklin County, PA. Farmers National Bank of Newville, a division of Adams County National Bank, serves customers at three retail banking offices in the Newville, Cumberland County, PA, area. Russell Insurance Group, Inc. offers a broad range of commercial and personal insurance lines with licenses in thirty-two states, including Pennsylvania and Maryland, and offices in Westminster, Carroll County, MD, and Timonium, Baltimore County, MD.

In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. We caution readers not to place undue reliance on these forward-looking statements. They only reflect management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time-to-time with the Securities and Exchange Commission, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the Securities and Exchange Commission.

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ACNB #2008-07

March 12, 2008

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