{"schema_version":"secwatch.filing_event.v1","accession":"0000897101-24-000141","form_type":"8-K","ticker":null,"cik":"0000806279","company_name":"CODORUS VALLEY BANCORP INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.023274+00:00","generated_at":"2026-06-03T08:53:02.275719+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Codorus Valley Bancorp Q1 net income falls 39% to $4.3M; NIM compresses 66 bps","bullets":["Net income $4.3M ($0.44 diluted EPS) vs $7.0M ($0.73) in Q1 2023, down 39%.","Net interest margin declined to 3.34% from 4.00% a year ago, a 66-basis-point drop.","Efficiency ratio 73.91%; return on average assets 0.77%; return on equity 8.48%.","Cash dividend $0.17 per share, payable May 14, 2024 to holders of record May 7.","Merger-related expenses of $118k incurred from pending Orrstown (ORRF) merger."],"urls":{"canonical":"https://secwatch.observer/filing/0000897101-24-000141","json":"https://secwatch.observer/filing/0000897101-24-000141.json","markdown":"https://secwatch.observer/filing/0000897101-24-000141.md","text":"https://secwatch.observer/filing/0000897101-24-000141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/806279/000089710124000141/0000897101-24-000141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/806279/000089710124000141/codorus240466_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:53:02.275719+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e7da442956ccabdb7a969cedbcdfbe7c6cfb95ca","claim":"CODORUS VALLEY BANCORP INC reported quarter ended March 31, 2024 results: net income $4.3 million, EPS $0.44 per diluted common share.","evidence_excerpt":"Codorus Valley Bancorp, Inc. (the “Corporation”) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (“PeoplesBank”, or the “Bank”), today reported net income of $4.3 million or $0.44 per diluted common share, for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/806279/000089710124000141/0000897101-24-000141-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2024"},{"label":"Net income","value":"$4.3 million"},{"label":"EPS","value":"$0.44 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}