Citizens & Northern Corp
NASDAQ: CZNC · FINANCIAL SERVICES · BANKS - REGIONAL
Updated 2026-06-05
Citizens & Northern Corp (CZNC) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.13B | $1.28B | $1.28B | $1.32B | $1.32B | $1.32B | $1.29B | $1.24B | $1.24B | $1.22B | $1.24B | $1.28B | $1.29B | $1.65B | $2.24B | $2.33B | $2.45B | $2.52B | $2.61B | $3.13B |
| Cash & equivalents | $27.16M | $31.66M | $24.03M | $92.06M | $46.30M | $60.58M | $59.84M | $44.62M | $36.05M | $36.06M | $32.11M | $40.24M | $37.49M | $35.20M | $101.86M | $104.95M | $55.05M | $56.88M | $126.17M | $46.06M |
| Current assets | $32.20M | $37.38M | $29.87M | $97.68M | $51.26M | $547.06M | $783.54M | $531.42M | $696.91M | $460.12M | $431.15M | $400.23M | $404.73M | $386.93M | $459.48M | $629.86M | $561.73M | $481.77M | $357.34M | $46.24M |
| Total liabilities | $997.48M | $1.15B | $1.16B | $1.17B | $1.18B | $1.16B | $1.10B | $1.06B | $1.05B | $1.04B | $1.06B | $1.09B | $1.09B | $1.41B | $1.94B | $2.03B | $2.20B | $2.25B | $2.34B | $2.79B |
| Current liabilities | $823.05M | $884.38M | $928.47M | $972.97M | $1.03B | $1.13B | $5.57M | $1.05B | $5.54M | $1.02B | $1.04B | $1.08B | $1.06B | $1.35B | $1.87B | $1.95B | $2.14B | $2.05B | $2.10B | $41.66M |
| Long-term debt | $100.11M | $220.95M | $197.06M | $149.10M | $133.50M | $125.36M | $83.81M | $73.34M | $73.06M | $38.77M | $38.45M | $9.19M | $35.91M | $6.50M | $16.55M | $77.56M | $181.78M | $145.72M | $205.18M | $160.85M |
| Shareholder equity | $129.89M | $137.78M | $122.03M | $152.41M | $138.94M | $167.38M | $182.79M | $179.47M | $188.36M | $187.49M | $186.01M | $188.44M | $197.37M | $244.45M | $299.76M | $301.40M | $249.32M | $262.38M | $275.28M | $341.71M |
| Retained earnings | $96.08M | $96.63M | $97.76M | $53.03M | $65.92M | $82.30M | $94.84M | $101.22M | $105.55M | $109.45M | $112.79M | $113.61M | $122.64M | $126.48M | $129.70M | $142.61M | $151.74M | $157.03M | $165.78M | $171.21M |
| Accounts receivable | $5.05M | $5.71M | $5.85M | $5.61M | $4.96M | $4.80M | $4.28M | $4.15M | $3.91M | $3.77M | $3.96M | $4.05M | $3.97M | $5.00M | $8.29M | $7.24M | $8.65M | $9.14M | $8.73M | $11.59M |
| Inventory | $264000.00 | $258000.00 | $298000.00 | $873000.00 | $5.78M | $2.17M | $3.42M | $946000.00 | $1.19M | $1.26M | $2.18M | $1.60M | $1.70M | $-47.17M | $-117.33M | $-121.97M | $-63.98M | $47.74M | — | — |
| Goodwill | $2.81M | $12.03M | $12.01M | $11.94M | $11.94M | $11.94M | $11.94M | $11.94M | $11.94M | $11.94M | $11.94M | $11.94M | $11.94M | $28.39M | $52.51M | $52.51M | $52.51M | $52.51M | $52.51M | $63.31M |
Frequently asked questions
What is Citizens & Northern Corp's revenue?
Citizens & Northern Corp's trailing twelve-month revenue is $112.93M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is CZNC?
In its most recent fiscal year, CZNC ran a gross margin of 65.34%, an operating margin of 18.58%, and a net margin of 15.19%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does CZNC generate?
CZNC produced $30.10M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is CZNC's balance sheet healthy?
CZNC holds $46.06M in cash and equivalents against $160.85M in long-term debt, on $341.71M of shareholder equity. That debt is best read against the cash flow the business throws off each year.