Citizens & Northern Files 8-K on Financial Condition
Ticker: CZNC · Form: 8-K · Filed: Jan 18, 2024 · CIK: 810958
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, bank
TL;DR
**CZNC just dropped an 8-K on its financial results, time to check the numbers!**
AI Summary
Citizens & Northern Corporation filed an 8-K on January 18, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing indicates the company is providing an update on its financial performance, which is crucial for investors to understand the bank's health and profitability. For shareholders, this matters because it offers transparency into the company's recent financial state, influencing their investment decisions and the stock's perceived value.
Why It Matters
This filing provides an update on Citizens & Northern Corporation's financial performance, which is essential for investors to assess the company's health and make informed decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not indicate any immediate new risks, but rather provides information to assess existing financial risks.
Analyst Insight
A smart investor would review the detailed financial statements and results of operations once they are publicly available to assess Citizens & Northern Corporation's current financial health and performance trends.
Key Players & Entities
- Citizens & Northern Corporation (company) — the registrant filing the 8-K
- January 18, 2024 (date) — date of report and earliest event reported
- Pennsylvania (company) — state of incorporation for Citizens & Northern Corporation
- 0-16084 (company) — Commission File Number for Citizens & Northern Corporation
- 23-2451943 (company) — IRS Employer Ident. No. for Citizens & Northern Corporation
- 90-92 Main Street, Wellsboro, Pennsylvania 16901 (company) — address of principal executive offices for Citizens & Northern Corporation
- 570-724-3411 (company) — registrant's telephone number
- Common Stock, par value $1.00 per share (company) — class of securities registered
- CZNC (company) — trading symbol for Citizens & Northern Corporation
- Nasdaq Capital Market (company) — exchange on which securities are registered
FAQ
What is the purpose of this 8-K filing by Citizens & Northern Corporation?
The purpose of this 8-K filing is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item 2.02 and Item 9.01 of Form 8-K.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on January 18, 2024, which is also the date of the report.
What is the trading symbol and the exchange where Citizens & Northern Corporation's common stock is registered?
Citizens & Northern Corporation's common stock trades under the symbol CZNC and is registered on the Nasdaq Capital Market.
What is the state of incorporation for Citizens & Northern Corporation?
Citizens & Northern Corporation is incorporated in Pennsylvania.
What is the business address of Citizens & Northern Corporation?
The business address of Citizens & Northern Corporation is 90-92 Main Street, Wellsboro, Pennsylvania 16901.
Filing Stats: 508 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-01-18 16:11:08
Key Financial Figures
- $1.00 — h registered Common Stock, par value $1.00 per share CZNC Nasdaq Capital Marke
Filing Documents
- cznc-20240118x8k.htm (8-K) — 40KB
- cznc-20240118xex99d1.htm (EX-99.1) — 99KB
- cznc-20240118xex99d2.htm (EX-99.2) — 1789KB
- cznc-20240118xex99d1001.jpg (GRAPHIC) — 13KB
- cznc-20240118xex99d2001.jpg (GRAPHIC) — 13KB
- 0001558370-24-000360.txt ( ) — 2249KB
- cznc-20240118.xsd (EX-101.SCH) — 3KB
- cznc-20240118_lab.xml (EX-101.LAB) — 1KB
- cznc-20240118_pre.xml (EX-101.PRE) — 10KB
- cznc-20240118x8k_htm.xml (XML) — 5KB
02. Results of Operations and Financial Condition
ITEM 2.02. Results of Operations and Financial Condition Citizens & Northern Corporation (the "Company") announced unaudited, consolidated financial results for the year ended December 31, 2023. On January 18, 2024, the Company issued a press release titled "C&N Declares Dividend and Announces Fourth Quarter 2023 Unaudited Financial Results," a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Supplemental, unaudited financial information is furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference.
01. Financial Statements and Exhibits
ITEM 9.01. Financial Statements and Exhibits (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit 99.1: Press Release issued by Citizens & Northern Corporation dated January 18, 2024, titled "C&N Declares Dividend and Announces Fourth Quarter 2023 Unaudited Financial Results ." Exhibit 99.2: Supplemental, unaudited financial information. Exhibit 104: Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CITIZENS & NORTHERN CORPORATION Dated: January 18, 2024 By: /s/ Mark A. Hughes Mark A. Hughes Treasurer and Chief Financial Officer 3