ACNB (ACNB) Q4 2021 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2021 earnings summary
9 Nov, 2026Executive summary
Record 2021 net income of $27.834M, up 51% YoY; higher banking fee income and lower loan-loss provision supported results, while 2020 included merger costs.
Focus entering 2022: post-pandemic growth through organic and inorganic strategies.
Financial highlights
2021 net income was $27.834M, or $3.19 per share, vs. $18.394M, or $2.13, in 2020.
Year-end assets were $2.787B, deposits $2.426B, loans $1.468B and stockholders’ equity $272.114M.
New loan production excluding PPP was $423.965M in 2021, up 19% YoY; portfolio balances fell amid PPP forgiveness, mortgage sales and loan payoffs.
Outlook and guidance
Growth strategy emphasizes organic and inorganic opportunities as operations enter a post-pandemic environment.
Core and digital transformation roadmap runs through 2023, targeting improved customer experience, operational efficiency and infrastructure for growth.
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