CITIZENS & NORTHERN CORPORATION (NASDAQ:CZNC) Files An 8-K Results of Operations and Financial ConditionITEM 2.02. Results of Operations and Financial Condition
Citizens & Northern Corporation (the “Company”) announced unaudited, consolidated financial results for the three-month period and year ended December 31, 2016. On January 19, 2017, the Company issued a press release titled “C&N Declares Dividend and Announces 2016 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. The Company’s “banCNotes,” a report that includes unaudited financial information, will be mailed to shareholders on or about January 26, 2017. A copy of the unaudited quarterly financial information included in banCNotes is furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference. Also, supplemental, unaudited financial information is furnished as Exhibit 99.3 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 8.01. Other Events
On January 19, 2017, the Company’s Board of Directors declared a dividend on its common stock of $0.26 per share, payable February 10, 2017 to shareholders of record as of January 30, 2017. The Company announced the dividend in the press release which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
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 19, 2017, titled “C&N Declares Dividend and Announces 2016 Unaudited Financial Results.”
Exhibit 99.2: Unaudited financial information included in “banCNotes” report to be mailed to shareholders on or about January 26, 2017.
Exhibit 99.3: Supplemental, unaudited financial information.
About CITIZENS & NORTHERN CORPORATION (NASDAQ:CZNC)
Citizens & Northern Corporation is a holding company whose principal activity is community banking. The Company, through its subsidiaries, is primarily engaged in providing a range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York State. The Company operates through Community Banking segment. The Company offers lending products, including mortgage loans, commercial loans and consumer loans, as well as specialized instruments, such as commercial letters-of-credit. Its deposit products include various types of checking accounts, passbook and statement savings, money market accounts, interest checking accounts, Individual Retirement Accounts (IRAs) and certificates of deposit. It also offers non-insured Repo Sweep accounts. It provides trust and financial management services, including administration of trusts and estates, retirement plans, and other employee benefit plans, and investment management services. CITIZENS & NORTHERN CORPORATION (NASDAQ:CZNC) Recent Trading Information
CITIZENS & NORTHERN CORPORATION (NASDAQ:CZNC) closed its last trading session down -0.10 at 24.83 with 68,350 shares trading hands.
