---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-120335"
form_type: "8-K/A"
ticker: "CZNC"
cik: "0000810958"
company_name: "CITIZENS & NORTHERN CORP"
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:36:00.934644+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# C&N completes $44.6M Susquehanna merger; pro forma EPS $1.20 for 2024

## Summary
- Merger consideration $44.6M: 0.8 C&N shares per Susquehanna share, price $19.64/share.
- Pro forma total assets $3.256B; goodwill $11.5M, core deposit intangibles $10.2M.
- Pro forma net income $21.2M (FY 2024) and $19.9M (9mo 2025); EPS $1.20 and $1.12.
- C&N expects early adoption of ASU 2025-08 to eliminate Day 1 $4.1M provision for credit losses.
- C&N sold most acquired securities for $143.2M; repaid Susquehanna's $45.8M short-term borrowing.

## SEC filing metadata
- accession: 0001104659-25-120335
- form_type: 8-K/A
- ticker: CZNC
- cik: 0000810958
- company_name: CITIZENS & NORTHERN CORP
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810958/000110465925120335/0001104659-25-120335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810958/000110465925120335/cznc-20251001x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-120335
- JSON: https://secwatch.observer/filing/0001104659-25-120335.json
- Plain text: https://secwatch.observer/filing/0001104659-25-120335.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.