Acnb Corp (ACNB) SEC Filing 10-Q Quarterly report for the period ending Friday, March 31, 2017

Exhibit 99.1

FOR IMMEDIATE RELEASE

ACNB CORPORATION REPORTS

FIRST QUARTER EARNINGS

GETTYSBURG, PA, April 27, 2017 -— ACNB Corporation reported net income of $2,637,000 for the first quarter of 2017, compared to $2,547,000 over the same period for 2016, an increase of $90,000 or 4%. Net income on a per share basis was $0.43 for the first three months of 2017 and $0.42 for the same period in 2016.

Quarterly cash dividends paid to ACNB Corporation stockholders for the first quarter of 2017 totaled $1,213,000, or $0.20 per share.  In the first quarter of 2016, a cash dividend of $0.20 per share was also paid, for a total of $1,208,000 in cash dividends paid to stockholders.

Total assets of ACNB Corporation at March 31, 2017, were $1.24 billion, an increase of 8% from March 31, 2016.  Total deposits increased by 9% from the previous year to $990 million.  Total loans rose 10% to $952 million, as compared to $867 million at March 31, 2016.  A 4% increase in stockholders’ equity resulted in an aggregate of $122 million at March 31, 2017, compared to $117 million at March 31, 2016.

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 and now celebrating its 160th Anniversary, ACNB Bank serves its marketplace via a network of 22 retail banking offices located in the four southcentral

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