Citizens & Northern Corporation (CZNC): Citizens & Northern Corporation (Corpora...

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Saturday, 02/25/2012 9:27:22 AM

Saturday, February 25, 2012 9:27:22 AM

Citizens & Northern Corporation (Corporation) is a holding company whose principal activity is community banking. The subsidiaries of the Company include Citizens & Northern Bank (C&N Bank), Citizens & Northern Investment Corporation and Bucktail Life Insurance Company (Bucktail). Citizens & Northern Investment Corporation was formed to engage in investment activities. Bucktail reinsures credit and mortgage life and accident and health insurance on behalf of C&N Bank. At December 31, 2009, C&N Bank had total assets of $1,276,365,000, total deposits of $886,937,000 and net loans outstanding of $699,751,000. At December 31, 2009, First State Bank had total assets of $50,780,000, total deposits of $42,069,000 and net loans outstanding of $13,587,000

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