Citizens & Northern Corporation (CZNC)

Citizens & Northern Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	126.17	52.78	47.7	95.85	96.02
Investment Securities	185.2	203.15	277.44	296.88	214.22
Trading Asset Securities	-	2.79	3.64	3.1	6.57
Mortgage-Backed Securities	217.18	216.71	227.95	229.9	140.95
Total Investments	402.38	422.65	509.02	529.88	361.74
Gross Loans	1,896	1,853	1,745	1,569	1,650
Allowance for Loan Losses	-20.04	-19.21	-16.62	-13.54	-11.39
Other Adjustments to Gross Loans	-	-4.46	-4.73	-4.25	-6.29
Net Loans	1,876	1,829	1,723	1,551	1,633
Property, Plant & Equipment	21.34	25.2	25.71	24.43	24.97
Goodwill	-	52.51	52.51	52.51	52.51
Other Intangible Assets	54.59	2.47	2.88	3.32	3.85
Accrued Interest Receivable	-	9.14	8.65	7.24	8.29
Long-Term Deferred Tax Assets	19.1	17.44	20.88	5.89	2.71
Other Real Estate Owned & Foreclosed	0.18	0.48	0.28	0.68	1.34
Other Long-Term Assets	111.08	88.78	49.09	47.23	45.14
Total Assets	2,611	2,516	2,454	2,328	2,239
Interest Bearing Deposits	2,094	1,390	1,348	1,328	1,252
Institutional Deposits	-	134.09	85.64	75.38	103.02
Non-Interest Bearing Deposits	-	490.55	563.84	521.21	465.33
Total Deposits	2,094	2,015	1,998	1,925	1,820
Short-Term Borrowings	-	36.67	83.72	4.91	26.59
Current Portion of Long-Term Debt	-	32.16	9.3	15.45	26.1
Current Portion of Leases	-	0.62	-	-	-
Accrued Interest Payable	-	1.53	0.46	0.21	0.55
Long-Term Debt	39.73	39.55	39.37	47.71	16.55
Federal Home Loan Bank Debt, Long-Term	167.94	106.18	53.04	12.59	28.51
Long-Term Leases	-	2.95	4.13	3.75	3.45
Pension & Post-Retirement Benefits	-	1.92	1.83	2.18	2.25
Other Long-Term Liabilities	33.79	16.83	15.53	14.39	14.88
Total Liabilities	2,335	2,253	2,205	2,026	1,939
Common Stock	312.05	16.03	16.03	16.03	15.98
Additional Paid-In Capital	-	144.39	143.95	144.45	143.64
Retained Earnings	-	157.03	151.74	142.61	129.7
Treasury Stock	-	-16.63	-12.52	-6.72	-1.37
Comprehensive Income & Other	-36.76	-38.44	-49.88	5.03	11.8
Shareholders' Equity	275.28	262.38	249.33	301.41	299.76
Total Liabilities & Equity	2,611	2,516	2,454	2,328	2,239
Total Debt	207.67	218.13	189.57	84.41	101.2
Net Cash (Debt)	-81.5	-158.45	-130.89	23.64	7.23
Net Cash Growth	-	-	-	227.09%	-
Net Cash Per Share	-5.34	-10.40	-8.47	1.50	0.49
Filing Date Shares Outstanding	15.43	15.38	15.56	15.83	16
Total Common Shares Outstanding	15.43	15.3	15.52	15.76	15.91
Book Value Per Share	17.84	17.15	16.07	19.13	18.84
Tangible Book Value	220.7	207.41	193.94	245.58	243.4
Tangible Book Value Per Share	14.30	13.56	12.50	15.58	15.30

Source: S&P Capital IQ. Banks template. Financial Sources.