Acnb Corp (ACNB) SEC Filing 10-K Annual report for the fiscal year ending Friday, December 31, 2010

Exhibit 99.1

ACNB CORPORATION

ANNOUNCES 2010 EARNINGS

GETTYSBURG, PA, March 7—ACNB Corporation reported year-to-date net income of $8,419,000 for the year ended December 31, 2010, compared to $7,219,000 for the year ended December 31, 2009, an increase of $1,200,000 or 17%.  Net income on a per share basis amounted to $1.42 for 2010 and $1.22 for 2009.  The most significant component of the Corporation’s net income is net interest income, which rose 9% to $35,017,000 for the year ended December 31, 2010, in comparison to $32,252,000 for the year ended December 31, 2009.

Aggregate quarterly cash dividends paid to ACNB Corporation stockholders in 2010 totaled $4,506,000, or $0.76 per share.  This is the same per share amount that was paid in 2009 and 2008.

Total assets of ACNB Corporation at December 31, 2010, were $969 million, a slight increase from $962 million at December 31, 2009.  Total deposits increased by 2% over the previous year to $747 million.  Total loans rose by 3% to $665 million, as compared to December 31, 2009.  A 6% increase in stockholders’ equity resulted in an aggregate of $93.8 million at December 31, 2010.

ACNB Corporation, headquartered in Gettysburg, PA, is the financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and Russell Insurance Group, Inc., Westminster, MD.  Originally founded in 1857, ACNB Bank serves its marketplace via a network of 19 retail banking offices located throughout Adams County, PA, as well as in Dillsburg and Hanover, York County, PA, and in Newville, Cumberland County, PA.  In addition, the Bank operates loan

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