ACNB CORP
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
ACNB$66.79+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Years Ended December 31, | ||
|---|---|---|
| (Dollars in thousands, except per share data) | 2023 | 2022 |
| INTEREST AND DIVIDEND INCOME | ||
| Loans, including fees | ||
| Taxable | $79,433 | $68,898 |
| Tax-exempt | 1,405 | 1,348 |
| Securities: | ||
| Taxable | 10,985 | 9,799 |
| Tax-exempt | 1,168 | 1,144 |
| Dividends | 331 | 104 |
| Other | 3,318 | 5,756 |
| Total Interest and Dividend Income | 96,640 | 87,049 |
| INTEREST EXPENSE | ||
| Deposits | 3,695 | 2,561 |
| Short-term borrowings | 898 | 77 |
| Long-term borrowings | 3,727 | 986 |
| Total Interest Expense | 8,320 | 3,624 |
| Net Interest Income | 88,320 | 83,425 |
| Provision for credit losses | 860 | — |
| Reversal of provision for unfunded commitments | (16) | — |
| Net Interest Income after Provisions for Credit Losses and Unfunded Commitments | 87,476 | 83,425 |
| NONINTEREST INCOME | ||
| Insurance commissions | 9,319 | 8,307 |
| Service charges on deposits | 3,958 | 4,066 |
| Wealth management | 3,644 | 3,160 |
| ATM debit card charges | 3,348 | 3,322 |
| Gain from mortgage loans held for sale | 56 | 487 |
| Earnings on investment in bank-owned life insurance | 1,878 | 1,532 |
| Net losses on sales or calls of investment securities | (5,240) | (234) |
| Net gains (losses) on equity securities | 18 | (298) |
| Net gains on sales of low income housing partnership | — | 421 |
| Gain on assets held for sale | 337 | — |
| Other | 1,127 | 1,044 |
| Total Noninterest Income | 18,445 | 21,807 |
| NONINTEREST EXPENSES | ||
| Salaries and employee benefits | 40,931 | 35,979 |
| Net occupancy | 3,908 | 4,076 |
| Equipment | 6,514 | 6,612 |
| Other tax | 1,269 | 1,632 |
| Professional services | 2,320 | 2,086 |
| Supplies and postage | 808 | 823 |
| Marketing and corporate relations | 612 | 299 |
| FDIC and regulatory | 1,388 | 1,128 |
| Intangible assets amortization | 1,424 | 1,492 |
| Other | 6,898 | 6,154 |
| Total Noninterest Expenses | 66,072 | 60,281 |
| Income Before Income Taxes | 39,849 | 44,951 |
| Provision for income taxes | 8,161 | 9,199 |
| Net Income | $31,688 | $35,752 |
| PER SHARE DATA | ||
| Basic earnings | $3.72 | $4.15 |
| Diluted earnings | $3.71 | $4.15 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.