---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-051471"
form_type: "8-K"
ticker: "CZNC"
cik: "0000810958"
company_name: "CITIZENS & NORTHERN CORP"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:34:24.628808+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# C&N Q1 EPS sinks to $0.02 on $13.6M provision from $24M CRE loan charge-off

## Summary
- Diluted EPS of $0.02 vs $0.41 a year ago and $0.25 in Q4 2025; net income $273,000.
- Provision for credit losses $13.6M, up from $1.3M in Q4, driven by $10.8M net charge-offs on a $24M CRE loan in Bucks County, PA.
- Nonperforming assets 1.33% of total assets, up from 1.06% in Q4; ACL expanded to 1.42% of loans.
- Net interest margin rose 14 bps to 3.98%; PPNR remained strong at $14.1M.
- Total loans up $30.5M from year-end; deposits up $35.3M; bank remains well-capitalized.

## SEC filing metadata
- accession: 0001104659-26-051471
- form_type: 8-K
- ticker: CZNC
- cik: 0000810958
- company_name: CITIZENS & NORTHERN CORP
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810958/000110465926051471/0001104659-26-051471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810958/000110465926051471/cznc-20260429x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-051471
- JSON: https://secwatch.observer/filing/0001104659-26-051471.json
- Plain text: https://secwatch.observer/filing/0001104659-26-051471.txt

## Key facts
- Earnings Releases
  CITIZENS & NORTHERN CORP reported first quarter of 2026 results: net income $273,000, EPS $0.02 diluted earnings per share.
  - Period: first quarter of 2026
  - Net income: $273,000
  - EPS: $0.02 diluted earnings per share
  - Result: reported results
  source text: Net income was $273,000, or $0.02 diluted earnings per share for the first quarter of 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/810958/000110465926051471/0001104659-26-051471-index.htm

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