secwatch.observer — SEC 8-K summary
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Issuer:     JUNIATA VALLEY FINANCIAL CORP (JUVF)
CIK:        0000714712
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001558370-23-006582
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Juniata Valley Financial Q1 net income down 18.1% to $1.7M; net interest margin compressed
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- EPS $0.35 vs $0.42 a year ago; net interest margin fell from 3.17% to 2.85%.
- Credit loss expense surged to $243k (CECL adoption) vs $28k prior year.
- Branch acquisition of Orrstown Bank's Path Valley branch expected to close May 12, 2023.
- Board declared $0.22/share dividend payable June 1 to holders of record May 17.
- No brokered deposits at quarter end; increased brokered deposit limit to $175M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714712/000155837023006582/0001558370-23-006582-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714712/000155837023006582/juvf-20230425x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-006582

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