---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-015131"
form_type: "8-K"
ticker: "CZNC"
cik: "0000810958"
company_name: "CITIZENS & NORTHERN CORP"
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:29:23.699857+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# C&N Q3 net income down 40% to $0.29/diluted share; declares $0.28 dividend

## Summary
- Q3 2022 net income $4.455M ($0.29 diluted EPS) vs $7.399M ($0.47) in Q3 2021, a decline of 40%.
- Provision for loan losses surged to $3.794M from $1.530M, including a $2.16M partial charge-off on a commercial real estate loan.
- Net interest income rose 7.3% to $20.879M, but noninterest expense increased 13.7% to $17.443M.
- Declared quarterly cash dividend of $0.28/share, payable Nov 11, 2022 to holders of record Oct 31, 2022.
- Nonperforming assets increased to 0.87% of total assets, up from 0.62% at June 30, 2022.

## SEC filing metadata
- accession: 0001558370-22-015131
- form_type: 8-K
- ticker: CZNC
- cik: 0000810958
- company_name: CITIZENS & NORTHERN CORP
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810958/000155837022015131/0001558370-22-015131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810958/000155837022015131/cznc-20221020x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-015131
- JSON: https://secwatch.observer/filing/0001558370-22-015131.json
- Plain text: https://secwatch.observer/filing/0001558370-22-015131.txt

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