secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS & NORTHERN CORP (CZNC)
CIK:        0000810958
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000810958-22-000011
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens & Northern Q3 2022 net income down 40% YoY; EPS $0.29 vs $0.47
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- Q3 2022 net income $4.455M vs $7.399M YoY (-39.8%); diluted EPS $0.29 vs $0.47.
- Net interest income $20.9M (+7.3% YoY); provision for loan losses $3.8M (+148%).
- Nine-month 2022 EPS $1.21 (-17% YoY); ROAA 1.06%, ROATCE 11.55%.
- Total assets $2.4B, deposits $2.04B, TCE/TA 7.82%; dividend unchanged at $0.28/qtr.
- Market cap $372M; stock price $23.98 (4.67% div yield); presented at Piper Sandler conf.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810958/000081095822000011/0000810958-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810958/000081095822000011/cznc-20221108x8k.htm
  HTML page:      https://secwatch.observer/filing/0000810958-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer