LEASE COMMITMENTS

12 Months Ended

Dec. 31, 2015

Certain branch offices and equipment are leased under agreements which expire at varying dates through 2024. Most leases contain renewal provisions at the Corporation’s option. The total rental expense for all operating leases was $456,000, $498,000 and $468,000 for the years ended December 31, 2015, 2014 and 2013, respectively.

The following is a schedule by year of future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31:



Years Ending	In thousands
2016	$	404
2017	293
2018	254
2019	221
2020	204
Later years	716
	$	2,092

ACNB leases space at several of its owned offices to other unrelated organizations under agreements that expired at varying dates in 2015 to 2016. Total rental income for these properties was $27,000, $132,000 and $138,000 for the years ended December 31, 2015, 2014 and 2013, respectively.