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

Issuer:     CITIZENS & NORTHERN CORP (CZNC)
CIK:        0000810958
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001558370-24-013367
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C&N Q3 2024 EPS $0.41, down 18% YoY; nonperforming loans rise to 1.29%
----------------------------------------------------------------------

- Net income $6.365M ($0.41 diluted EPS) vs $7.591M ($0.50) in Q3 2023, down 16.2%.
- Net interest income $20.156M, up $493K QoQ; net interest margin 3.29% vs 3.35% YoY.
- Provision for credit losses $1.207M in Q3 2024 vs a credit of $1.225M in Q3 2023.
- Nonperforming loans $24.5M, 1.29% of total loans, up from 1.04% at June 30, 2024.
- Quarterly dividend maintained at $0.28/share; payable Nov 8, 2024 to record Oct 28.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810958/000155837024013367/0001558370-24-013367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810958/000155837024013367/cznc-20241017x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-013367

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