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Dolan joins Carroll Community College; Dr. Scobie retiring from practice; ACNB Corporation results and quarterly dividend | BUSINESS BRIEFS

Molly Dolan, Carroll Community College
Molly Dolan, Carroll Community College (Courtesy Photo)

Dolan joins Carroll Community College

Molly Dolan has been appointed to the position of director of major and planned giving at Carroll Community College. In this role, Dolan is responsible for planning, developing and implementing fundraising activities for the College.

Prior to joining the college, Dolan served for the past three years as director of philanthropy for the Carroll County Youth Service Bureau in Westminster, a multidisciplinary behavioral health service practice that offers a range of outpatient treatment services.

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A resident of Eldersburg, Dolan was a member of the 2020 class of Leadership Carroll, a leadership development program that provides its participants with a combination of leadership training and detailed knowledge of the community. She was an individual giving officer for the National Aquarium and held various roles at Johns Hopkins University for both the Heart and Vascular Institute and the Wilmer Eye Institute. A graduate of the University of Illinois Urbana-Champaign with a B.S. degree in Marketing, Dolan began her career with AmeriCorps National Civilian Community Corps, earning the Congressional Award for Voluntary Public Service. After her service, she held various roles in corporate relations at Chicago Cares, a nonprofit organization that leads volunteer programs in underserved communities.

Dr. Michael Scobie, Carroll Children’s Center
Dr. Michael Scobie, Carroll Children’s Center (Courtesy Photo)

Dr. Scobie retiring from practice

Dr. Michael Joseph Scobie is retiring from Carroll Children’s Center in Westminster at the end of August, after 35 years with the practice.

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Originally from Eau Claire, Wisconsin, Dr. Scobie, or “Scooby” to some, started his career in medicine upon graduating from medical school from Universidad Autonoma de Guadalajara, Mexico, in 1981 and moving to Maryland in 1982. Upon finishing his pediatric residency at St. Agnes Hospital under the guidance of Dr. Frederick Heldrich, Dr. Scobie started his career as a general pediatrician in Carroll County. On July 1, 1986, he, along with Dr. Charles Ashburn, joined Dr. Karl Green and forged what is now Carroll Children’s Center.

As a young physician, Dr. Scobie worked at Carroll County General Hospital as one of the few pediatricians in the delivery room and emergency room, while still seeing patients at the office. He has held many board positions at Carroll County General Hospital, Washington Heights Medical Center, and the Carroll Children’s Fund.

ACNB Corporation results and quarterly dividend

ACNB Corporation’s board of directors approved and declared a regular quarterly cash dividend of 25 cents per share of ACNB Corporation common stock payable on Sept. 15 to shareholders of record as of Aug. 31. This per share amount will result in aggregate dividend payments of approximately $2.2 million to ACNB Corporation shareholders in the third quarter of 2021. This dividend declaration marks the corporation’s 155th consecutive quarterly cash dividend to shareholders since its formation in 1982.

Financial results for the three months ended June 30, 2021, saw net income of $8,508,000, an increase of 46.8% over comparable period results for the three months ended June 30, 2020, and primarily due to higher fee income across business lines and less loan loss provision for the period in 2021. Basic earnings per share was 98 cents and 67 cents for the three months ended June 30, 2021 and 2020, respectively, an increase of 46.3%. The corporation reported net income of $15,979,000 for the six months ended June 30, 2021, an increase of 249.3% over comparable period results for the six months ended June 30, 2020. Basic earnings per share was $1.83 and 53 cents for the six months ended June 30, 2021 and 2020, respectively, an increase of 245.3%.

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ACNB Corporation, headquartered in Gettysburg, Pennsylvania, is the financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, Pennsylvania, and Russell Insurance Group Inc., Westminster. ACNB Bank serves its marketplace via a network of 20 community banking offices, located in four south central Pennsylvania counties, and loan offices in Pennsylvania and Maryland. As divisions of ACNB Bank operating in Maryland, FCB Bank and NWSB Bank serve the local marketplace with banking offices in Frederick County and Carroll County.

Business briefs offer information about Carroll County-based companies, employees and their operations, news of awards, promotions, new business openings, new hires, etc. Send your release to the Carroll County Times, P.O. Box 169, Westminster, MD 21158, or cctnews@carrollcountytimes.com.

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