---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-008533"
form_type: "8-K"
ticker: "JUVF"
cik: "0000714712"
company_name: "JUNIATA VALLEY FINANCIAL CORP"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:41:18.602899+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Juniata Valley Financial restates FY2022-2023 statements after capitalizing $1.6M vendor fees

## Summary
- Non-reliance on audited financials for FY2023, FY2022 and interim 2023 quarters due to error.
- Error: $1.6M vendor fees capitalized in Q4 2022 should have been expensed; overstated assets and equity by $1.3M, understated professional fees.
- Net income overstated by $1.3M for year-ended Dec 31, 2022.
- Material weakness in internal control over financial reporting identified as of Dec 31, 2023; management report no longer reliable.

## SEC filing metadata
- accession: 0001558370-24-008533
- form_type: 8-K
- ticker: JUVF
- cik: 0000714712
- company_name: JUNIATA VALLEY FINANCIAL CORP
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714712/000155837024008533/0001558370-24-008533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714712/000155837024008533/juvf-20240517x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-008533
- JSON: https://secwatch.observer/filing/0001558370-24-008533.json
- Plain text: https://secwatch.observer/filing/0001558370-24-008533.txt

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