Citizens & Northern Corporation (CZNC)

Citizens & Northern Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	120.29	117.23	102.52	81.29	76.7	69.48
Interest Income on Investments	10.85	10.85	10.98	11.36	7.8	7.68
Total Interest Income	131.14	128.08	113.5	92.65	84.5	77.16
Interest Paid on Deposits	37.53	39.2	24.23	6.64	4.54	7.23
Interest Paid on Borrowings	9.76	9.76	8.87	2.88	2.02	2.36
Total Interest Expense	47.29	48.96	33.1	9.52	6.56	9.6
Net Interest Income	83.85	79.12	80.4	83.13	77.94	67.57
Net Interest Income Growth (YoY)	7.18%	-1.60%	-3.28%	6.66%	15.35%	24.00%
Trust Income	8.2	7.93	7.41	6.99	7.23	6.32
Gain (Loss) on Sale of Investments	-	-	-3.04	0.02	0.02	0.17
Other Non-Interest Income	14.64	14.26	13.75	11.64	10.56	8.39
Total Non-Interest Income	30	29.21	24.42	24.43	25.88	24.51
Non-Interest Income Growth (YoY)	9.73%	19.63%	-0.06%	-5.60%	5.58%	26.96%
Revenues Before Loan Losses	113.85	108.32	104.82	107.56	103.82	92.08
Provision for Loan Losses	4.22	2.2	0.19	7.26	3.66	3.91
Revenue	109.63	106.13	104.63	100.31	100.16	88.17
Revenue Growth (YoY)	7.59%	1.43%	4.31%	0.15%	13.60%	20.86%
Salaries and Employee Benefits	43.43	42.77	41.48	39.4	35.35	31.1
Occupancy Expenses	4.85	4.81	4.71	4.93	4.49	4.09
Selling, General & Administrative	12.73	12.77	13.44	11.84	10.89	9.34
Other Non-Interest Expense	14.21	13.91	14.52	11.78	11.74	11.08
Total Non-Interest Expense	75.21	74.26	74.15	67.96	62.47	55.61
EBT Excluding Unusual Items	34.42	31.87	30.48	32.35	37.69	32.56
Other Unusual Items	-	-	-	-	-	-1.64
Pretax Income	33.37	31.87	30.48	32.35	37.69	23.21
Income Tax Expense	6.24	5.91	6.34	5.73	7.13	3.99
Net Income	27.14	25.96	24.15	26.62	30.55	19.22
Preferred Dividends & Other Adjustments	0.22	0.21	0.19	0.24	0.24	0.12
Net Income to Common	26.91	25.75	23.96	26.38	30.31	19.11
Net Income Growth	23.09%	7.50%	-9.28%	-12.88%	58.95%	-1.45%
Basic Shares Outstanding	15	15	15	15	16	15
Diluted Shares Outstanding	15	15	15	15	16	15
Shares Change (YoY)	0.77%	0.14%	-1.40%	-1.99%	6.95%	10.70%
EPS (Basic)	1.75	1.69	1.57	1.71	1.92	1.30
EPS (Diluted)	1.75	1.69	1.57	1.71	1.92	1.30
EPS Growth	21.82%	7.45%	-8.02%	-11.10%	48.16%	-11.18%
Dividend Per Share	1.120	1.120	1.120	1.120	1.120	1.080
Dividend Growth	-	-	-	-	3.70%	-
Effective Tax Rate	18.69%	18.55%	20.78%	17.72%	18.93%	17.19%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q