{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-226383","form_type":"8-K/A","ticker":"CZFS","cik":"0000739421","company_name":"CITIZENS FINANCIAL SERVICES INC","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.545523+00:00","generated_at":"2026-06-11T01:38:43.458035+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Citizens Financial completes acquisition of HV Bancorp; HVBC shareholders get $30.50 cash or 0.4 CZFS shares","bullets":["HVBC had total assets of $615.8M, loans of $469.0M, and deposits of $525.2M as of Dec 31, 2022.","HVBC 2022 net income was $2.23M ($1.06 diluted EPS) on net interest income of $18.84M.","Merger closed June 16, 2023; combined company pro forma financials filed for FY2022 and Q1 2023.","Deal consideration: 80% stock / 20% cash mix; each HVBC share elected $30.50 cash or 0.4000 CZFS shares.","Regulatory approvals received from FDIC, Fed, and PA Dept of Banking; shareholder vote approved in Feb 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-226383","json":"https://secwatch.observer/filing/0001193125-23-226383.json","markdown":"https://secwatch.observer/filing/0001193125-23-226383.md","text":"https://secwatch.observer/filing/0001193125-23-226383.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/739421/000119312523226383/0001193125-23-226383-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/739421/000119312523226383/d501525d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:38:43.458035+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}