---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-005722"
form_type: "8-K"
ticker: "CZNC"
cik: "0000810958"
company_name: "CITIZENS & NORTHERN CORP"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:57:41.149609+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Citizens & Northern Q1 net income $6.9M ($0.44/dil), down 21.5% YoY; dividend raised to $0.28

## Summary
- Net income $6.9M ($0.44/dil) vs $8.8M ($0.55/dil) YoY; diluted EPS down 20%.
- Net interest income $20.3M (+1.2% YoY) aided by $1.4M in purchased credit impaired loan recoveries.
- Provision for loan losses $891k, up 244% from $259k YoY; allowance/total loans 0.93%.
- Dividend $0.28/share (+3.7% YoY), payable May 13, 2022 to holders of record May 2.
- Equity fell 7.9% YoY to $276.2M, driven by $20.5M AOCI loss from rising interest rates.

## SEC filing metadata
- accession: 0001558370-22-005722
- form_type: 8-K
- ticker: CZNC
- cik: 0000810958
- company_name: CITIZENS & NORTHERN CORP
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810958/000155837022005722/0001558370-22-005722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810958/000155837022005722/cznc-20220421x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-005722
- JSON: https://secwatch.observer/filing/0001558370-22-005722.json
- Plain text: https://secwatch.observer/filing/0001558370-22-005722.txt

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