CITIZENS & NORTHERN CORP CZNC Balance Sheet

Citizens & northern corp (CZNC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Noninterest-bearing
17	17	27	20	20	20	20	19	18	25	19	21	18	17	20	14	13	14	14	15	17	14	17	28	22	15	20	19	14	21	20	19	19	17	20	15	16
Interest-bearing
15	17	24	18	23	16	17	31	18	14	12	12	14	14	13	12	27	21	17	19	18	21	37	31	38	28	22	16	30	38	21	49	37	42	35	34	29
Total cash and due from banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42	69	56	-	-	-	46
Total cash and due from banks
32	35	51	39	44	37	-	-	-	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	49	-
Total cash and due from banks
-	-	-	-	-	-	38	51	36	-	32	34	32	32	34	27	41	36	32	35	36	36	55	59	61	44	43	35	45	59	-	-	-	60	-	-	-
Available-for-sale debt securities, at fair value
342	346	363	363	357	363	358	348	341	355	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketable equity security
0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Available-for-sale securities, at fair value
-	-	-	-	-	-	-	-	-	-	365	364	376	395	409	417	413	420	461	497	527	516	508	512	484	482	475	470	459	472	487	478	486	481	472	464	443
Loans held for sale
0	0	2	1	0	0	0	0	0	0	0	1	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	2	3	3	2	0	1	0	5
Loans receivable
1,167	1,182	1,139	1,116	825	827	822	818	817	815	801	779	762	751	742	727	701	704	679	663	628	630	629	621	625	644	648	654	666	683	698	704	697	708	705	713	730
Allowance for loan losses
11	9	9	8	8	9	8	8	9	8	8	8	8	8	8	7	7	7	7	7	7	7	7	7	8	8	7	7	7	6	-	-	-	7	-	-	-
Allowance for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	7	-	8	8	9
Loans, net
1,156	1,172	1,130	1,108	817	818	813	809	808	806	792	771	753	743	733	719	693	696	672	656	621	623	621	614	617	635	641	647	659	677	690	696	690	700	697	705	721
Bank-owned life insurance
18	18	18	18	18	19	18	18	20	20	19	19	19	19	19	19	19	20	20	20	22	22	22	21	21	21	21	21	21	21	21	21	21	20	20	22	21
Accrued interest receivable
5	5	5	5	4	3	4	4	3	4	4	3	3	3	3	3	3	3	3	3	4	3	3	3	3	4	4	4	4	4	4	4	4	4	5	4	4
Bank premises and equipment, net
18	17	16	16	14	14	14	15	15	15	15	15	15	15	15	15	15	15	15	15	16	16	16	16	17	17	17	18	18	18	19	19	18	19	19	21	22
Foreclosed assets held for sale
1	2	2	3	1	1	2	2	1	1	1	2	1	2	2	2	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	1	1	1	0
Deferred tax asset, net
0	2	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset, net
-	-	2	2	2	-	5	4	4	3	4	3	4	5	1	0	0	3	0	1	0	1	2	1	3	6	4	4	1	1	2	3	5	6	7	10	16
Goodwill and other intangibles, net
-	-	29	30	11	-	11	11	11	11	-	-	-	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets - Goodwill and core deposit intangibles
-	-	-	-	-	-	-	-	-	-	11	11	11	-	0	0	0	11	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill
28	28	-	-	-	11	-	-	-	-	-	-	-	-	11	11	11	-	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11
Core deposit intangibles
1	1	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
22	22	19	20	16	15	15	16	13	15	12	14	13	13	12	12	14	13	11	10	10	8	11	11	12	12	11	12	16	15	25	18	18	15	18	17	21
TOTAL ASSETS
1,629	1,654	1,642	1,609	1,290	1,290	1,285	1,284	1,258	1,276	1,259	1,243	1,233	1,242	1,245	1,231	1,216	1,223	1,232	1,255	1,251	1,241	1,256	1,256	1,235	1,237	1,232	1,228	1,240	1,286	1,310	1,327	1,316	1,323	1,312	1,309	1,316
LIABILITIES
Noninterest-bearing
288	285	310	299	274	272	260	248	250	241	236	236	234	224	220	215	216	211	203	216	223	212	209	208	210	191	191	196	191	189	187	199	202	193	177	165	158
Interest-bearing
961	966	983	984	765	761	782	792	767	767	784	760	745	759	770	752	739	724	757	761	753	755	772	770	750	763	772	754	776	816	825	830	814	824	818	829	845
Total deposits
1,249	1,252	1,294	1,284	1,039	1,033	1,043	1,040	1,018	1,008	1,021	997	980	983	991	967	955	935	961	978	976	967	981	979	961	954	963	950	967	1,006	1,013	1,029	1,016	1,018	995	995	1,004
Short-term borrowings
37	86	21	27	5	12	8	17	26	61	7	8	20	26	14	25	25	53	10	19	5	5	6	4	4	23	4	16	4	5	19	4	4	4	19	20	18
Long-term borrowings
72	52	58	38	-	35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debt
6	6	7	7	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term borrowings
-	-	-	-	32	-	32	27	18	9	31	38	38	38	38	38	38	38	62	62	72	73	73	73	73	73	73	73	76	83	89	110	115	125	128	133	148
Deferred tax liability, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest and other liabilities
11	12	18	13	9	10	10	9	9	9	8	9	7	7	9	8	7	8	8	7	7	7	8	9	10	6	10	8	7	8	-	-	-	7	-	-	-
Accrued interest and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	9	-	7	7	6
TOTAL LIABILITIES
1,378	1,409	1,399	1,369	1,087	1,093	1,095	1,094	1,071	1,088	1,068	1,053	1,046	1,056	1,054	1,040	1,028	1,035	1,042	1,068	1,062	1,053	1,069	1,067	1,050	1,058	1,051	1,048	1,057	1,104	1,129	1,151	1,145	1,156	1,150	1,155	1,177
STOCKHOLDERS' EQUITY
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0
Common stock, par value $1.00 per share; authorized 20,000,000 shares; issued 13,934,996 and outstanding 13,787,160 at March 31, 2020; issued 13,934,996 and outstanding 13,716,445 at December 31, 2019;
13	13	13	13	12	12	12	12	12	12	12	12	12	12	12	12	12	12	12	12	12	-	12	12	12	12	12	12	12	12	12	12	12	12	12	12	12
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued at December 31, 2015 and December 31, 2014
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, par value $1.00 per share; authorized 20,000,000 shares in 2015 and 2014; issued 12,655,171 at December 31, 2015 and December 31, 2014; outstanding 12,180,623 at December 31, 2015 and 12,279,980 December 31, 2014
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Paid-in capital
103	104	104	103	71	72	72	71	71	72	71	71	71	71	71	71	71	71	71	71	71	71	71	70	70	70	69	69	68	68	68	67	67	67	67	67	66
Retained earnings
126	126	124	123	123	122	120	118	114	113	114	114	113	112	111	110	109	109	108	107	106	105	104	103	102	101	100	98	96	94	91	88	85	82	78	73	65
Treasury stock, at cost; 147,836 shares at March 31, 2020 and 218,551 shares at December 31, 2019
2	4	4	4	5	6	6	7	7	8	8	9	9	10	10	11	10	8	8	8	8	6	5	3	3	3	3	3	3	4	4	4	4	5	5	4	4
Sub-total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	185	183	182	-	183	182	181	183	-	-	-	180	-	-	-	-	-	-	-	-	-	-	-
Sub-total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	182	183	182	-	178	176	174	171	-	-	-	157	-	-	-
Sub-total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	168	165	161	-	152	148	140
Unrealized gain on available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	6	5	-	6	4	7	5	3	5	2	-1	2	2	9	11	12	11	10	10	8	5	-1
Defined benefit plans gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-	-0	-0	-0	-0	-0	-0	-0	-0	0	0	0	0	0	0	0	0	0	0	0
Accumulated other comprehensive income
9	3	4	3	-0	-4	-8	-6	-5	-1	0	0	-0	-0	5	6	5	2	6	4	7	5	4	5	2	-0	2	2	9	11	11	11	10	10	8	4	-1
TOTAL STOCKHOLDERS' EQUITY
251	244	242	239	202	197	189	189	186	188	191	189	187	186	190	190	188	187	190	186	189	188	186	189	184	179	181	179	-	182	-	-	-	-	-	-	-
TOTAL STOCKHOLDERS' EQUITY
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	183	-	180	176	171	167	161	153	138
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY
1,629	1,654	1,642	1,609	1,290	1,290	1,285	1,284	1,258	1,276	1,259	1,243	1,233	1,242	1,245	1,231	1,216	1,223	1,232	1,255	1,251	1,241	1,256	1,256	1,235	1,237	1,232	1,228	1,240	1,286	1,310	1,327	1,316	1,323	1,312	1,309	1,316