secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS & NORTHERN CORP (CZNC)
CIK:        0000810958
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001558370-25-000359
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C&N reports Q4 net income $8.2M ($0.53 EPS), up 92% YoY; declares $0.28 dividend
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- Net income Q4 2024 $8.174M ($0.53 diluted EPS) vs $4.261M ($0.28) in Q4 2023, up 92% YoY.
- Net interest margin 3.30% for Q4, flat with Q3 and down 1bp YoY; net interest income $20.473M.
- Credit for credit losses of $531K in Q4 vs provision of $1.207M in Q3; ACL 1.06% of loans.
- Nonperforming loans $24.0M (1.26% of loans) at Dec 31, up from $18.4M (0.99%) a year ago.
- Declared $0.28 quarterly dividend, payable Feb 14, 2025; no shares repurchased in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810958/000155837025000359/0001558370-25-000359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810958/000155837025000359/cznc-20250123x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000359

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