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Acnb Corp (ACNB) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 31, 2011

Acnb Corp

CIK: 715579 Ticker: ACNB

Exhibit 99.1

 

GRAPHIC

Press Release

 

 

FOR IMMEDIATE RELEASE

 

 

 

 

Contact:

  Lynda L. Glass

 

 

  717.339.5085

 

 

ACNB CORPORATION

ANNOUNCES 2011 EARNINGS

 

GETTYSBURG, PA, March 8 — ACNB Corporation reported year-to-date net income of $8,502,000 for the year ended December 31, 2011, compared to $8,419,000 for the year ended December 31, 2010, an increase of $83,000 or  1%.  Net income on a per share basis amounted to $1.43 for 2011, up from $1.42 for 2010.

 

Aggregate quarterly cash dividends paid to ACNB Corporation stockholders in 2011 totaled $4,512,000, or $0.76 per share.  This is the same per share amount that was paid in both 2010 and 2009.

 

Total assets of ACNB Corporation at December 31, 2011, were $1.0 billion, a 4% increase from $969 million at December 31, 2010.  Total deposits increased by 5% over the previous year-end to $783 million.  Total loans rose by 4% to $694 million, as compared to December 31, 2010.  A 4% increase in stockholders’ equity resulted in an aggregate of $97.5 million at December 31, 2011.

 

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, Hanover and Spring Grove, York County, PA, and in Newville, Cumberland County, PA.  In addition, the

 

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The following information was filed by Acnb Corp (ACNB) on Thursday, March 8, 2012 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Acnb Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2012 10-K Annual Report includes:

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SEC Filing Tools
Ticker: ACNB
CIK: 715579
Form Type: 10-K Annual Report
Accession Number: 0001047469-12-002448
Submitted to the SEC: Mon Mar 12 2012 2:13:22 PM EST
Accepted by the SEC: Mon Mar 12 2012
Period: Saturday, December 31, 2011
Industry: State Commercial Banks

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