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Acnb Corp (ACNB) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Acnb Corp

CIK: 715579 Ticker: ACNB

Exhibit 99.1

 

GRAPHIC

Press Release

 

FOR IMMEDIATE RELEASE

 

Contact: 

Lynda L. Glass

 

EVP/Secretary &

 

Chief Governance Officer

 

717.339.5085

 

lglass@acnb.com

 

ACNB CORPORATION

ANNOUNCES 2015 EARNINGS

 

GETTYSBURG, PA, March 3, 2016 — ACNB Corporation reported net income of $11,017,000 for the year ended December 31, 2015, compared to $10,290,000 for the year ended December 31, 2014, an increase of $727,000 or 7%.  Net income on a per share basis amounted to $1.83 for 2015, up from $1.71 for 2014.

 

Aggregate quarterly cash dividends paid to ACNB Corporation stockholders in 2015 totaled $4,820,000, or $0.80 per share.  In 2014, a total of $4,622,000, or $0.77 per share, was paid to stockholders in the form of quarterly cash dividends.

 

Total assets of ACNB Corporation at December 31, 2015, were $1.15 billion, up 5% from $1.09 billion at December 31, 2014.  Total deposits increased by 8% from the previous year-end to $913 million at December 31, 2015.  Total loans rose by 7% to $853 million, as compared to December 31, 2014.  A 4% increase in stockholders’ equity resulted in an aggregate of $115 million at December 31, 2015.

 

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

 


The following information was filed by Acnb Corp (ACNB) on Thursday, March 3, 2016 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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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Stockholders' Equity
Consolidated Statements Of Changes In Stockholders' Equity (parenthetical)
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (parenthetical)
Consolidated Statements Of Condition
Consolidated Statements Of Condition (parenthetical)
Consolidated Statements Of Income
Acnb Corporation (parent Company Only) Financial Information
Acnb Corporation (parent Company Only) Financial Information (statements Of Cash Flows) (details)
Acnb Corporation (parent Company Only) Financial Information (statements Of Condition) (details)
Acnb Corporation (parent Company Only) Financial Information (statements Of Income) (details)
Acnb Corporation (parent Company Only) Financial Information (tables)
Acquisitions
Acquisitions (carrying Value And Accumulated Amortization Of The Intangible Assets) (details)
Acquisitions (expected Amortization Expense) (details)
Acquisitions (narrative) (details)
Acquisitions (tables)
Borrowings
Borrowings (offsetting Liabilities) (details)
Borrowings (schedule Of Maturities Of Long-term Debt) (details)
Borrowings (schedule Of Short-term Debt) (details)
Borrowings (tables)
Contingencies
Deposits
Deposits (schedule Of Deposits) (details)
Deposits (schedule Of Maturities Of Time Certificates Of Deposits) (details)
Deposits (tables)
Fair Value Measurements
Fair Value Measurements (fair Value Inputs, Assets, Quantitative Information) (details)
Fair Value Measurements (fair Value Measurements, Recurring And Nonrecurring) (details)
Fair Value Measurements (fair Value, By Balance Sheet Grouping) (details)
Fair Value Measurements (tables)
Financial Instruments With Off-balance Sheet Risk
Financial Instruments With Off-balance Sheet Risk (details)
Financial Instruments With Off-balance Sheet Risk (tables)
Income Taxes
Income Taxes (components Of Deferred Tax Assets And Liabilities) (details)
Income Taxes (narrative) (details)
Income Taxes (schedule Of Components Of Income Tax Expense (benefit)) (details)
Income Taxes (schedule Of Reconciliations Of The Statutory Federal Income Tax) (details)
Income Taxes (tables)
Investments In Low-income Housing Partnerships
Investments In Low-income Housing Partnerships (narrative) (details)
Lease Commitments
Lease Commitments (narrative) (details)
Lease Commitments (table) (details)
Lease Commitments (tables)
Loans
Loans (allowance For Loan Losses And Recorded Investment In Financing Receivables) (details)
Loans (average Of Impaired Loans And Related Interest Income By Loan Portfolio Class) (details)
Loans (classes Of The Loan Portfolio Summarized By The Aggregate Risk Rating) (details)
Loans (impaired Loans By Loan Portfolio Class) (details)
Loans (loan Portfolio Summarized By The Past Due Status) (details)
Loans (narrative) (details)
Loans (nonaccrual Loans By Classes Of The Loan Portfolio) (details)
Loans (tables)
Loans (troubled Debt Restructurings Modified On Financing Receivables) (details)
Loans (troubled Debt Restructurings) (details)
Premises And Equipment
Premises And Equipment (narrative) (details)
Premises And Equipment (table) (details)
Premises And Equipment (tables)
Regulatory Matters
Regulatory Matters (narrative) (details)
Regulatory Matters (tables)
Regulatory Matters (the Actual And Required Capital Amounts And Ratios) (details)
Regulatory Restrictions On Dividends
Regulatory Restrictions On Dividends (narrative) (details)
Restrictions On Cash And Due From Banks
Restrictions On Cash And Due From Banks (narrative) (details)
Retirement Plans
Retirement Plans (assumptions Used To Determine The Benefit Obligation And Net Periodic Benefit) (details)
Retirement Plans (components Of Net Periodic Benefit Costs (income)) (details)
Retirement Plans (estimated Costs To Be Amortized From Aoci Into Net Periodic Pension Cost) (details)
Retirement Plans (fair Value Measurements) (details)
Retirement Plans (future Benefit Payments) (details)
Retirement Plans (narrative) (details)
Retirement Plans (pension Plan Weighted-average Assets' Allocations) (details)
Retirement Plans (schedule Of Benefit Plan Funded Status) (details)
Retirement Plans (tables)
Securities
Securities (investments Classified By Contractual Maturity Date) (details)
Securities (narrative) (details)
Securities (schedule Of Unrealized Loss On Investments) (details)
Securities (tables)
Securities (unrealized Gain (loss) On Investments) (details)
Segment And Related Information
Segment And Related Information (quarterly Results Of Operations) (details)
Segment And Related Information (segment Information) (details)
Segment And Related Information (tables)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (narrative) (details)
Summary Of Significant Accounting Policies (policy)
Summary Of Significant Accounting Policies (schedule Of Components Of The Accumulated Other Comprehensive Income, Net Of Taxes) (details)
Summary Of Significant Accounting Policies (tables)
Ticker: ACNB
CIK: 715579
Form Type: 10-K Annual Report
Accession Number: 0001047469-16-010754
Submitted to the SEC: Fri Mar 04 2016 11:15:50 AM EST
Accepted by the SEC: Fri Mar 04 2016
Period: Thursday, December 31, 2015
Industry: State Commercial Banks

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