ACNB Corporation

Company overview

• ACNB Corporation is the financial holding company for:
  • ACNB Bank (banking subsidiary, Gettysburg, PA)
  • ACNB Insurance Services (nonbanking subsidiary, Westminster, MD)
• Founded in 1857; ACNB Corporation was formed in 1982 and became the bank holding company for ACNB Bank in 1983.
• Common stock is listed on the NASDAQ Capital Market under the ticker symbol ACNB.

Banking subsidiary — ACNB Bank

• Charter and supervision: Pennsylvania state-chartered bank and trust company supervised by the Pennsylvania Department of Banking and Securities; deposits are FDIC-insured.
• Principal market area: Adams County, PA and surrounding south‑central Pennsylvania, plus Carroll and Frederick Counties in northern Maryland.
• Geographic footprint (as of December 31, 2025):
  • 33 community banking offices total
    • Pennsylvania: 24 offices
      • Adams County: 10
      • York County: 9
      • Cumberland County: 1
      • Franklin County: 1
      • Lancaster County: 2 offices plus a limited-service office
    • Maryland: 9 offices
      • Carroll County: 5
      • Frederick County: 4
  • Loan production offices: West Lawn, PA and Hunt Valley, MD
• Main office: 16 Lincoln Square, Gettysburg, PA
• Key financials (as of December 31, 2025):
  • Total assets: $3.21 billion
  • Total loans, net of unearned income: $2.33 billion
  • Total deposits: $2.48 billion
  • Total equity capital: $398.3 million
• Service channels: ATM network, Customer Contact Center, online, telephone and mobile banking
• Business lines:
  • Commercial lending (commercial mortgages, real estate development and construction, accounts receivable and inventory financing, agricultural and governmental loans)
  • Consumer lending (home equity, auto/RV loans, manufactured housing, personal lines of credit)
  • Mortgage lending through Traditions Mortgage (a division of ACNB Bank)
  • Trust and investment services through ACNB Wealth Management, including fiduciary and estate settlement services
  • Retail brokerage services offered through a third‑party broker/dealer (unaffiliated with the Bank or ACNB Wealth Management)
• Funding and dividends:
  • Major unconsolidated operating funds are generated from dividends from subsidiaries.
  • Dividends to stockholders primarily come from dividends declared and paid by ACNB Bank.
• Regulation: Supervised by the Pennsylvania Department of Banking and Securities and the FDIC.

Nonbanking subsidiary — ACNB Insurance Services

• Full-service insurance agency licensed to operate in 46 states; sells property, casualty, health, life and disability insurance for commercial and personal clients.
• Headquarters: Westminster, MD; additional location in Gettysburg, PA.
• Assets (as of December 31, 2025): $19.7 million.
• Operates separately from the Bank and is reported as a separate operating segment.
• Acquired by ACNB in 2005.
• Acquisitions: Purchased the business and assets of Hockley & O’Donnell on February 28, 2022.

Wealth management and brokerage

• ACNB Wealth Management oversees trust and investment services.
• Trust assets (as of December 31, 2025):
  • Trust assets under management (AUM): $444.8 million
  • Trust assets under administration (AUA): $24.1 million
• Brokerage-related assets with a third‑party broker/dealer (unaffiliated with the Bank or ACNB Wealth Management) (as of December 31, 2025):
  • Assets under management with broker/dealer: $238.3 million
  • Assets under administration with broker/dealer: $31.6 million

Acquisitions and corporate history

• 2017: Acquired New Windsor Bancorp, Inc. and New Windsor State Bank (Taneytown, MD).
• 2020: Acquired Frederick County Bancorp, Inc. and Frederick County Bank (Frederick, MD).
• 2025: Closed the acquisition of Traditions Bancorp, Inc. (Traditions Bank, York, PA).
  • Traditions Bank merged into ACNB Bank; remaining Traditions Bank offices operate as “Traditions Bank, A Division of ACNB Bank.”
  • Traditions Bank had eight community banking offices in south‑central Pennsylvania; two of those offices were consolidated into nearby ACNB Bank offices in April 2025.