Citizens & Northern Flat, CZNC Investors Eye Loan Charge
Citizens & Northern Corporation shares edged up 0.1% to $21.12 Wednesday, outperforming regional bank peers as the sector slipped. The company is still digesting a $10.1 million charge-off from a troubled 2022 office loan, which cut Q1 net income to $273,000. C&N reported $2.6 billion in deposits and says it remains well-capitalized. EVP Van Sant filed a Form 3 showing no securities held.