Recent Updates — CZNC

At its October 22, 2026 meeting, the Board of Directors appointed Aaron Singer as Vice Chair effective immediately. This move initiates a planned leadership transition where Terry Lehman will step down as Chair at the 2027 annual meeting, with Singer succeeding him in that role. Lehman intends to remain on the board subject to re-election. Citizens & Northern Corporation operates as an independent community bank providing banking, financial, investment and insurance services through offices in Pennsylvania and New York.

Citizens & Northern Corporation reported third-quarter 2026 net income of $16.3 million, or $0.92 per diluted share, up from $0.79 in the prior quarter and $0.42 a year earlier. The company also declared a regular quarterly cash dividend increase to $0.30 per share, payable November 13, 2026, to shareholders of record as of November 2, 2026. This marks a $0.02 increase from the previous payout. The bank holding company operates community banking offices across Pennsylvania and New York.

Citizens & Northern Corporation reported unaudited financial results for the second quarter ended June 30, 2026, with net income of $14.1 million ($0.79 per diluted share), a significant increase from $0.27 million ($0.02 per share) in Q1 2026. The company recorded a credit for credit losses of $1.8 million in Q2, contrasting with a $13.6 million provision in Q1 driven by a $10.1 million charge-off on a commercial real estate loan. Net interest margin expanded to 4.07%. Total assets were $3.15 billion, and the efficiency ratio improved to 60%. The company's growth was supported by the October 1, 2025, acquisition of Susquehanna Community Financial, Inc. The company operates in the community banking industry, providing financial services through its subsidiary, Citizens & Northern Bank.