secwatch.observer — SEC 8-K summary
======================================

Issuer:     CITIZENS & NORTHERN CORP (CZNC)
CIK:        0000810958
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001558370-23-012017
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CZNC Q2 EPS falls 19% YoY to $0.39; declares $0.28 dividend
-----------------------------------------------------------

- Q2 net income $6.0M ($0.39 diluted EPS) vs $7.5M ($0.48) in Q2 2022.
- Dividend of $0.28 per share declared, payable Aug 11, 2023 to holders of record July 31.
- Total loans grew $69.4M (15.9% annualized) from Q1; commercial loans up 8.5% YoY.
- Nonperforming loans improved to 0.77% of total loans from 0.81% in Q1 and 1.46% year-end.
- Uninsured deposits 29.9% of total; available liquidity 254% of uninsured & uncollateralized deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810958/000155837023012017/0001558370-23-012017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810958/000155837023012017/cznc-20230720x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer