Citizens & Northern Bank Mortgage Rates, Fees & Info

Wellsboro, PA

LEI: 254900SK7KTN4QNPHP32

Tax ID: 24-0756925

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Citizens & Northern Bank is a smaller bank specializing in Refi and Home Purchase loans. Citizens & Northern Bank has a high proportion of conventional loans. Their top markets by origination volume include: Sayre, Philadelphia, Williamsport, Binghamton, and Elmira among others. We have data for 44 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens & Northern Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Citizens & Northern Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/21/24
    30 Year Conventional Purchase 6.49% 4/21/24
    30 Year Conventional Refi 6.37% 4/21/24
    30 Year Cash-out Refi 6.79% 4/21/24
    15 Year Conventional Purchase 6.90% 4/21/24
    15 Year Conventional Refi 6.65% 4/21/24
    15 Year Cash-out Refi 6.65% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Citizens & Northern Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Citizens & Northern Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,411

    Origination Dollar Volume (All Markets)

    $247,805,000

    Employee count

    386 Show all (6) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Outside of Metro Areas 465 $69,255,000 $148,935 $3,587 3.46%
    Sayre, PA (FHA|USDA|VA) 433 $63,945,000 $147,679 $3,395 3.45%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 117 $40,335,000 $344,744 $3,796 3.12%
    WILLIAMSPORT, PA (FHA|USDA|VA) 142 $26,680,000 $187,887 $4,464 3.19%
    BINGHAMTON, NY (FHA|USDA|VA) 44 $6,990,000 $158,864 $3,387 3.48%
    ELMIRA, NY (FHA|USDA|VA) 36 $5,850,000 $162,500 $3,286 3.31%
    Corning, NY (FHA|USDA|VA) 37 $5,205,000 $140,676 $3,098 3.48%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 8 $3,730,000 $466,250 $4,031 4.38%
    Lewisburg, PA (FHA|USDA|VA) 7 $3,415,000 $487,857 $7,031 3.43%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 9 $2,035,000 $226,111 $4,632 2.99%
    Bradford, PA (FHA|USDA|VA) 16 $1,840,000 $115,000 $4,523 3.49%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 9 $1,665,000 $185,000 $6,160 4.29%
    Sunbury, PA (FHA|USDA|VA) 9 $1,525,000 $169,444 $3,650 2.81%
    OCEAN CITY, NJ (FHA|USDA|VA) 4 $1,510,000 $377,500 $2,562 2.59%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 9 $1,445,000 $160,556 $4,230 3.45%
    YORK-HANOVER, PA (FHA|USDA|VA) 5 $1,095,000 $219,000 $5,884 2.93%
    LANCASTER, PA (FHA|USDA|VA) 5 $1,055,000 $211,000 $4,970 2.68%
    ITHACA, NY (FHA|USDA|VA) 3 $885,000 $295,000 $7,306 3.33%
    Lock Haven, PA (FHA|USDA|VA) 6 $760,000 $126,667 $4,416 3.33%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $755,000 $251,667 $3,051 2.71%
    STATE COLLEGE, PA (FHA|USDA|VA) 3 $685,000 $228,333 $4,496 3.17%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $640,000 $160,000 $4,313 4.21%
    Selinsgrove, PA (FHA|USDA|VA) 2 $620,000 $310,000 $5,536 2.81%
    St. Marys, PA (FHA|USDA|VA) 4 $500,000 $125,000 $4,184 3.63%
    DuBois, PA (FHA|USDA|VA) 3 $455,000 $151,667 $6,833 3.71%
    LEBANON, PA (FHA|USDA|VA) 2 $450,000 $225,000 $4,082 2.63%
    Seneca Falls, NY (FHA|USDA|VA) 4 $440,000 $110,000 $2,128 3.72%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 3 $435,000 $145,000 $3,105 2.63%
    ERIE, PA (FHA|USDA|VA) 1 $385,000 $385,000 $7,515 4.00%
    ROCHESTER, NY (FHA|USDA|VA) 2 $360,000 $180,000 $4,000 3.25%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $310,000 $155,000 $7,445 3.81%
    Huntingdon, PA (FHA|USDA|VA) 2 $310,000 $155,000 $3,764 3.31%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $305,000 $305,000 $3,621 3.13%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $265,000 $265,000 $3,505 3.13%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $255,000 $255,000 $5,580 2.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,720 2.13%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $215,000 $215,000 $7,220 3.63%
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $205,000 $205,000 $5,523 4.00%
    Warren, PA (FHA|USDA|VA) 1 $205,000 $205,000 $8,727 3.50%
    TUCSON, AZ (FHA|USDA|VA) 1 $175,000 $175,000 $2,694 2.50%
    Oil City, PA (FHA|USDA|VA) 1 $155,000 $155,000 $6,023 3.75%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $105,000 $105,000 $2,601 2.25%
    ALTOONA, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.15%
    Auburn, NY (FHA|USDA|VA) 1 $55,000 $55,000 $455 4.00%
    Citizens & Northern Bank's top markets include Sayre, Philadelphia, Williamsport, Binghamton, and Elmira among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Citizens & Northern Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Susquehanna Community Bank
    Similarity Rank: 96
    HORIZON Federal Credit Union
    Similarity Rank: 98
    ESL Federal Credit Union
    Similarity Rank: 102
    FIRST HERITAGE FEDERAL CREDIT UNION
    Similarity Rank: 108
    GHS Federal Credit Union
    Similarity Rank: 112
    Jersey Shore State Bank
    Similarity Rank: 350
    Premium Mortgage Corporation
    Similarity Rank: 450
    SEFCU SERVICES, LLC
    Similarity Rank: 486
    Five Star Bank
    Similarity Rank: 532
    Elmira Savings Bank
    Similarity Rank: 588

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,411 $247,805,000 $175,624 $3,691 3.39%

    For 2020, Citizens & Northern Bank's most frequently originated type of loan was Conventional, with 1,411 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 593 $111,595,000 $188,187 $3,068 3.21%
    Home Purchase 566 $103,270,000 $182,456 $4,618 3.60%
    Cash Out Refi 140 $25,860,000 $184,714 $5,085 2.70%
    Home Improvement 58 $3,380,000 $58,276 $444 4.19%
    Other 54 $3,700,000 $68,519 $875 4.06%

    For 2020, Citizens & Northern Bank's most frequently cited loan purpose was Refi, with 593 originations. The 2nd most popular reason was Home Purchase, with 566 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 504 $103,570,000 $205,496 $4,420 3.07%
    15 Year 428 $56,460,000 $131,916 $2,350 3.37%
    20 Year 167 $27,935,000 $167,275 $3,686 3.58%
    30+ year 106 $25,380,000 $239,434 $7,053 3.92%
    10 Year 84 $12,700,000 $151,190 $1,577 3.78%
    Other 79 $12,935,000 $163,734 $3,773 3.51%
    5 Year 42 $8,810,000 $209,762 $323 4.29%
    3 Year 1 $15,000 $15,000 $260 4.75%

    For 2020, Citizens & Northern Bank's most frequently cited loan duration was 30 Year, with 504 originations. The 2nd most popular length was 15 Year, with 428 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 512 $70,310,000 $137,324
    $1k-2k 442 $71,910,000 $162,692
    $2k-3k 178 $35,800,000 $201,124
    $3k-4k 101 $24,375,000 $241,337
    $4k-5k 45 $11,935,000 $265,222
    $5k+ 36 $12,430,000 $345,278

    Citizens & Northern Bank's average total fees were $4,420, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 512 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 495 $98,485,000 $198,960
    3-4% 491 $78,815,000 $160,519
    <2.5% 217 $41,965,000 $193,387
    4-5% 163 $25,065,000 $153,773
    5-6% 33 $2,995,000 $90,758
    Over 8% 6 $160,000 $26,667
    6-7% 4 $170,000 $42,500
    7-8% 1 $65,000 $65,000
    % 1 $85,000 $85,000

    During 2020, Citizens & Northern Bank's average interest rate for loans was 3.07%, while their most frequently originated rate bucket for loans was 2.5-3%, with 495 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 558 $83,590,000 $149,803 $3,781 3.16%
    $100,000 or less 399 $23,185,000 $58,108 $1,514 3.99%
    $200k-400k 392 $105,990,000 $270,383 $5,314 3.10%
    $400k-600k 49 $22,545,000 $460,102 $5,959 3.25%
    $600k-1MM 8 $6,410,000 $801,250 $7,757 4.22%
    $1MM+ 5 $6,085,000 $1,217,000 $11,423 4.06%

    2020 saw Citizens & Northern Bank place emphasis on $100k-200k loans with 558 originations, totaling $83,590,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 314 $38,780,000 $123,503 $3,150 3.46%
    $100k-150k 292 $55,600,000 $190,411 $4,138 3.25%
    $75k-100k 268 $44,610,000 $166,455 $3,981 3.35%
    $50k or less 201 $18,415,000 $91,617 $2,623 3.71%
    $150k-250k 165 $41,745,000 $253,000 $4,589 3.03%
    $250k+ 76 $24,090,000 $316,974 $4,460 3.15%

    Citizens & Northern Bank lent most frequently to those with incomes in the $50k-75k range, with 314 originations. The second most popular income band? $100k-150k, with 292 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 432 $70,880,000 $164,074 $3,583 3.21%
    30-36% 290 $49,390,000 $170,310 $3,886 3.42%
    <20% 184 $31,890,000 $173,315 $3,397 3.13%
    38% 55 $9,915,000 $180,273 $4,217 3.31%
    37% 54 $9,790,000 $181,296 $4,090 3.67%
    41% 49 $7,465,000 $152,347 $3,207 3.64%
    42% 48 $8,530,000 $177,708 $3,795 3.69%
    36% 48 $6,910,000 $143,958 $3,135 3.64%
    40% 46 $8,530,000 $185,435 $3,879 3.57%
    39% 41 $5,975,000 $145,732 $3,080 3.80%
    43% 27 $4,915,000 $182,037 $4,188 3.03%
    44% 17 $3,485,000 $205,000 $4,339 2.89%
    45% 16 $3,100,000 $193,750 $3,769 2.80%
    48% 10 $2,530,000 $253,000 $4,121 2.81%
    47% 9 $1,825,000 $202,778 $4,656 2.92%
    49% 8 $2,180,000 $272,500 $5,021 2.89%
    46% 6 $1,400,000 $233,333 $5,867 3.10%
    >60% 1 $35,000 $35,000 $0 3.75%

    Citizens & Northern Bank lent most frequently to those with DTI ratios of 20-30%, with 432 originations. The next most common DTI ratio? 30-36%, with 290 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,311 $221,625,000 $169,050 $3,684 3.34%
    Not applicable 54 $17,010,000 $315,000 $369 4.49%
    Not provided 32 $5,650,000 $176,563 $3,375 3.73%
    Asian 6 $1,910,000 $318,333 $5,297 3.13%
    Black 7 $1,315,000 $187,857 $5,626 3.75%
    American Indian 1 $295,000 $295,000 $3,859 2.50%

    Approval Rates

    Total approvals of all applications
    92.63%

    Citizens & Northern Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.52%

    Citizens & Northern Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    300.0 1 $15,000 $15,000
    308.0 8 $300,000 $37,500
    324.0 1 $65,000 $65,000
    NA 1,401 $247,425,000 $176,606

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $115,000 $115,000
    Multifamily:Site-Built 22 $9,520,000 $432,727
    Single Family (1-4 Units):Manufactured 87 $7,655,000 $87,989
    Single Family (1-4 Units):Site-Built 1,301 $230,515,000 $177,183

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 106 $9,430,000 $88,962 $1,489 3.77%
    40-60% 201 $32,915,000 $163,756 $2,974 3.20%
    60-80% 542 $108,250,000 $199,723 $3,979 3.29%
    80-100% 477 $94,135,000 $197,348 $4,692 3.36%
    Over 100% 1 $285,000 $285,000 $14,501 4.13%
    Under 20% 83 $2,775,000 $33,434 $416 4.12%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 35 12.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 13 4.7%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Credit monitoring or identity theft protection services 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 5 1.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 26 9.5%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 109 39.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 6 2.2%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 7 2.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 8 2.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 6 2.2%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 20 7.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 7 2.6%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.5%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 11 4.0%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 4 1.5%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens & Northern Bank 104 Main Street Elkland, PA 16920 Full Service B&M $34,210
    Citizens & Northern Bank 1085 S. Main Street Mansfield, PA 16933 Full Service B&M $34,004
    Citizens & Northern Bank 10 North Main Street Coudersport, PA 16915 Full Service B&M $67,398
    Citizens & Northern Bank 100 Maple Street Port Allegany, PA 16743 Full Service B&M $10,724
    Citizens & Northern Bank 102 East Main Street, Route 49 Knoxville, PA 16928 Full Service B&M $40,667
    Citizens & Northern Bank 111 W. Main Street Dushore, PA 18614 Full Service B&M $58,522
    Citizens & Northern Bank 130 Court Street Williamsport, PA 17701 Full Service B&M $127,360
    Citizens & Northern Bank 135 East Fourth Street Emporium, PA 15834 Full Service B&M $25,917
    Citizens & Northern Bank 1467 Golden Mile Rd Wysox, PA 18854 Full Service B&M $62,309
    Citizens & Northern Bank 1510 Dewey Avenue Williamsport, PA 17701 Full Service B&M $29,538
    Citizens & Northern Bank 1827 Elmira Street Sayre, PA 18840 Full Service B&M $82,816
    Citizens & Northern Bank 2 East Mountain Avenue South Williamsport, PA 17702 Full Service B&M $10,377
    Citizens & Northern Bank 230-232 Railroad Street Jersey Shore, PA 17740 Full Service B&M $8,420
    Citizens & Northern Bank 3 Main Street Canisteo, NY 14823 Full Service B&M $25,775
    Citizens & Northern Bank 33 Swamp Road Newtown, PA 18940 Full Service B&M $45,414
    Citizens & Northern Bank 3461 Route 405 Highway Muncy, PA 17756 Full Service B&M $24,442
    Citizens & Northern Bank 41 Main Street Tioga, PA 16946 Full Service B&M $40,210
    Citizens & Northern Bank 423/433 Reuter Blvd Towanda, PA 18848 Full Service B&M $76,151
    Citizens & Northern Bank 423/433 Reuter Boulevard Towanda, PA 18848 Full Service B&M $60,168
    Citizens & Northern Bank 4534 Williamson Trl Liberty, PA 16930 Full Service B&M $58,713
    Citizens & Northern Bank 465 North Main Street Doylestown, PA 18901 Full Service B&M $140,572
    Citizens & Northern Bank 514 Main Street Laporte, PA 18626 Full Service B&M $31,669
    Citizens & Northern Bank 563 Main Street East Smithfield, PA 18817 Full Service B&M $34,577
    Citizens & Northern Bank 612 James Monroe Avenue Monroeton, PA 18832 Full Service B&M $16,582
    Citizens & Northern Bank 6250 County Route 64 Hornell, NY 14843 Full Service B&M $19,162
    Citizens & Northern Bank 64 Elmira St. Troy, PA 16947 Full Service B&M $88,702
    Citizens & Northern Bank 90-92 Main Street Wellsboro, PA 16901 Full Service B&M $155,763

    For 2020, Citizens & Northern Bank had 27 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $76,778
    Net interest income $67,888
    Total noninterest income $24,143
    Gross Fiduciary activities income $6,321
    Service charges on deposit accounts $4,231
    Trading account gains and fees $0
    Additional Noninterest Income $13,591
    Pre-tax net operating income $24,672
    Securities gains (or losses, -) $190
    Income before extraordinary items $20,406
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $20,406
    Minority interest net income $0
    Net income $20,406
    Sale, conversion, retirement of capital stock, net $1,050
    Net operating income $20,250

    Citizens & Northern Bank's gross interest income from loans was $76,778,000.
    Citizens & Northern Bank's net interest income from loans was $67,888,000.
    Citizens & Northern Bank's fee based income from loans was $4,231,000.
    Citizens & Northern Bank's net income from loans was $20,406,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $8,890
    Provision for credit losses $3,913
    Total noninterest expense $63,446
    Salaries and employee benefits $32,779
    Premises and equipment expense $4,461
    Additional noninterest expense $26,206
    Applicable income taxes $4,456
    Net charge-offs $2,364
    Cash dividends $38,507

    Citizens & Northern Bank's interest expense for loans was $8,890,000.
    Citizens & Northern Bank's payroll and benefits expense were $32,779,000.
    Citizens & Northern Bank's property, plant and equipment expenses $4,461,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 2.0%
    1-4 family residential loans 1.0%
    HELOC loans 1.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 1.1%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,827,881
    Deposits held in domestic offices $1,827,881
    Deposits by Individuals, partnerships, and corporations $1,543,977
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $249,005
    Deposits by Commercial banks and other depository institutions in U.S. $34,899
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $832,500
    Demand deposits $705,788
    Nontransaction accounts $995,381
    Money market deposit accounts (MMDAs) $398,387
    Other savings deposits (excluding MMDAs) $206,587
    Total time deposits $390,407
    Total time and savings deposits $1,122,093
    Noninterest-bearing deposits $472,584
    Interest-bearing deposits $1,355,297
    Retail deposits $1,678,048
    IRAs and Keogh plan accounts $82,565
    Brokered deposits $61,815
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,222,478
    Cash & Balances due from depository institutions $100,226
    Interest-bearing balances $75,456
    Total securities $335,300
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,633,766
    Loan and leases loss allowance $11,385
    Trading account assets $0
    Bank premises and fixed assets $24,972
    Other real estate owned $1,338
    Goodwill and other intangibles $58,153
    All other assets $68,723

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,222,478
    Total Liabilities $1,930,023
    Total deposits $1,827,881
    Interest-bearing deposits $1,355,297
    Deposits held in domestic offices $1,827,881
    % insured (estimated) $67
    Federal funds purchased and repurchase agreements $1,956
    Trading liabilities $0
    Other borrowed funds $72,674
    Subordinated debt $0
    All other liabilities $27,512

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,633,766
    Loan and leases loss allowance $11,385
    Total loans and leases (domestic) $1,645,151
    All real estate loans $1,263,345
    Real estate loans in domestic offices $1,263,345
    Construction and development loans $63,487
    Residential 1-4 family construction $20,613
    Other construction, all land development and other land $42,874
    Loans secured by nonfarm nonresidential properties $531,810
    Nonfarm nonresidential secured by owner-occupied properties $197,996
    Commercial real estate & other non-farm, non-residential $333,814
    Multifamily residential real estate $55,811
    1-4 family residential loans $600,501
    Farmland loans $11,736
    Loans held in foreign offices $0
    Farm loans $3,164
    Commercial and industrial loans $291,846
    To non-U.S. addressees $0
    Loans to individuals $16,286
    Credit card loans $2,377
    Related Plans $792
    Consumer Auto Loans $7,476
    Other loans to individuals $5,641
    All other loans & leases $70,510
    Loans to foreign governments and official institutions $0
    Other loans $17,289
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $166
    Non 1-4 family restructured loans & leases $2
    Total loans and leases (foreign) $0

    Citizens & Northern Bank had $1,633,766,000 of loans outstanding in 2020. $1,263,345,000 of loans were in real estate loans. $63,487,000 of loans were in development loans. $55,811,000 of loans were in multifamily mortgage loans. $600,501,000 of loans were in 1-4 family mortgage loans. $3,164,000 of loans were in farm loans. $2,377,000 of loans were in credit card loans. $7,476,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 878 $189,223 $215,516
    Nonfarm, nonresidential loans - <$100k 238 $8,046 $33,807
    Nonfarm, nonresidential loans - $100-250k 256 $32,080 $125,313
    Nonfarm, nonresidential loans - $250k-1MM 384 $149,097 $388,273
    Commercial & Industrial, US addressed loans - <$1MM 2,512 $165,491 $65,880
    Commercial & Industrial, US addressed loans - <$100k 1,875 $41,846 $22,318
    Commercial & Industrial, US addressed loans - $100-250k 352 $40,442 $114,892
    Commercial & Industrial, US addressed loans - $250k-1MM 285 $83,203 $291,940
    Farmland loans - <$1MM 69 $5,994 $86,870
    Farmland loans - <$100k 31 $624 $20,129
    Farmland loans - $100-250k 24 $2,507 $104,458
    Farmland loans - $250k-1MM 14 $2,863 $204,500
    Agriculture operations loans - <$1MM 163 $3,069 $18,828
    Agriculture operations loans - <$100k 155 $2,257 $14,561
    Agriculture operations loans - $100-250k 7 $467 $66,714
    Agriculture operations loans - $250k-1MM 1 $345 $345,000