 As publicly announced on January 13, 2020, ACNB Corporation acquired Frederick County Bancorp, Inc. and its wholly-owned subsidiary, Frederick County Bank, headquartered in Frederick, MD, effective January 11, 2020, with systems conversions completed in March 2020. Net loss for the three months and quarter ended March 31, 2020, totaled 1,223,000, with basic loss per share of 0.14, primarily due to one-time merger-related expenses of 5,965,000 and a higher provision for loan losses of 4,000,000 as a result of a large unanticipated charge-off of one loan relationship and the potential economic impact of the Coronavirus Disease 2019 COVID-19 pandemic. Without the nonrecurring expenses related to the acquisition of Frederick County Bancorp, Inc., as well as the corresponding tax impact at the marginal tax rate, net income non-GAAP would have been 3,350,000, or 0.40 basic earnings per share, for the quarter ended March 31, 2020. 