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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  • SimulatedRates™
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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 Home Purchase and Refi loans. Citizens & Northern Bank has a high proportion of conventional loans. Their top markets by origination volume include: Sayre, Philadelphia, Williamsport, Binghamton, and Hagerstown 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 an average 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.

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    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

    1,104

    Origination Dollar Volume (All Markets)

    $212,380,000

    Employee count

    402

    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 377 $51,915,000 $137,706 $3,414 3.57%
    Sayre, PA (FHA|USDA|VA) 336 $50,680,000 $150,833 $3,858 3.33%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 82 $41,180,000 $502,195 $4,552 3.43%
    WILLIAMSPORT, PA (FHA|USDA|VA) 111 $19,535,000 $175,991 $4,412 3.25%
    BINGHAMTON, NY (FHA|USDA|VA) 44 $6,480,000 $147,273 $3,238 3.38%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $5,555,000 $5,555,000 $0 4.25%
    ELMIRA, NY (FHA|USDA|VA) 27 $5,425,000 $200,926 $4,615 3.51%
    Lewisburg, PA (FHA|USDA|VA) 8 $4,020,000 $502,500 $5,131 3.77%
    Corning, NY (FHA|USDA|VA) 26 $3,300,000 $126,923 $3,319 3.60%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 5 $3,245,000 $649,000 $6,000 3.62%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $2,605,000 $868,333 $5,704 3.58%
    OCEAN CITY, NJ (FHA|USDA|VA) 3 $1,705,000 $568,333 $2,820 3.54%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 9 $1,675,000 $186,111 $4,769 3.80%
    Bradford, PA (FHA|USDA|VA) 10 $1,430,000 $143,000 $4,100 3.59%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 7 $1,255,000 $179,286 $4,709 2.96%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $1,040,000 $260,000 $4,246 2.69%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $870,000 $435,000 $0 3.91%
    Sunbury, PA (FHA|USDA|VA) 4 $790,000 $197,500 $4,360 3.16%
    STATE COLLEGE, PA (FHA|USDA|VA) 3 $775,000 $258,333 $4,981 3.13%
    YORK-HANOVER, PA (FHA|USDA|VA) 3 $765,000 $255,000 $3,687 2.83%
    DuBois, PA (FHA|USDA|VA) 6 $740,000 $123,333 $5,599 4.10%
    St. Marys, PA (FHA|USDA|VA) 5 $715,000 $143,000 $4,226 3.70%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $705,000 $705,000 $0 3.85%
    ITHACA, NY (FHA|USDA|VA) 2 $690,000 $345,000 $5,862 2.94%
    Lock Haven, PA (FHA|USDA|VA) 3 $605,000 $201,667 $5,302 2.88%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $440,000 $220,000 $6,873 3.75%
    LEBANON, PA (FHA|USDA|VA) 1 $405,000 $405,000 $10,967 2.88%
    OCALA, FL (FHA|USDA|VA) 1 $395,000 $395,000 $4,297 2.75%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $315,000 $315,000 $5,250 2.38%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $285,000 $285,000 $1,952 3.25%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $285,000 $285,000 $5,152 2.88%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $275,000 $275,000 $5,614 2.88%
    Olean, NY (FHA|USDA|VA) 2 $260,000 $130,000 $3,141 4.00%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $245,000 $245,000 $7,258 3.38%
    Warren, PA (FHA|USDA|VA) 1 $235,000 $235,000 $7,109 4.13%
    Oil City, PA (FHA|USDA|VA) 1 $235,000 $235,000 $7,022 4.00%
    LANCASTER, PA (FHA|USDA|VA) 2 $220,000 $110,000 $3,053 4.20%
    ERIE, PA (FHA|USDA|VA) 1 $215,000 $215,000 $6,850 3.88%
    Cullowhee, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,874 3.25%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.00%
    Indiana, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,442 3.00%
    ROCHESTER, NY (FHA|USDA|VA) 1 $145,000 $145,000 $4,836 2.63%
    Seneca Falls, NY (FHA|USDA|VA) 1 $135,000 $135,000 $5,616 4.88%
    Cortland, NY (FHA|USDA|VA) 1 $45,000 $45,000 $2,899 4.50%
    Citizens & Northern Bank's top markets include Sayre, Philadelphia, Williamsport, Binghamton, and Hagerstown among others.

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

    CFCU Community Credit Union
    Similarity Rank: 45
    FIRST HERITAGE FEDERAL CREDIT UNION
    Similarity Rank: 117
    Tompkins Trust Company
    Similarity Rank: 154
    The Muncy Bank and Trust Company
    Similarity Rank: 196
    HORIZON Federal Credit Union
    Similarity Rank: 228
    First Citizens Community Bank
    Similarity Rank: 243
    Five Star Bank
    Similarity Rank: 299
    Chemung Canal Trust Company
    Similarity Rank: 333
    Louviers Federal Credit Union
    Similarity Rank: 410
    The Lyons National Bank
    Similarity Rank: 442

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,104 $212,380,000 $192,373 $3,852 3.44%

    For 2021, Citizens & Northern Bank's most frequently originated type of loan was Conventional, with 1,104 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 568 $112,230,000 $197,588 $4,786 3.56%
    Refi 319 $67,445,000 $211,426 $3,001 3.26%
    Cash Out Refi 104 $19,300,000 $185,577 $4,972 2.66%
    Other 64 $4,020,000 $62,813 $518 3.98%
    Home Improvement 49 $9,385,000 $191,531 $692 4.12%

    For 2021, Citizens & Northern Bank's most frequently cited loan purpose was Home Purchase, with 568 originations. The 2nd most popular reason was Refi, with 319 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 379 $76,205,000 $201,069 $4,772 3.16%
    15 Year 319 $41,565,000 $130,298 $2,557 3.21%
    20 Year 130 $18,730,000 $144,077 $3,495 3.63%
    30+ year 103 $23,475,000 $227,913 $6,383 3.93%
    10 Year 69 $27,065,000 $392,246 $1,324 4.01%
    Other 66 $15,800,000 $239,394 $3,499 3.87%
    5 Year 30 $6,520,000 $217,333 $385 4.29%
    1 Year 4 $2,900,000 $725,000 $0 4.19%
    3 Year 4 $120,000 $30,000 $403 4.25%

    For 2021, Citizens & Northern Bank's most frequently cited loan duration was 30 Year, with 379 originations. The 2nd most popular length was 15 Year, with 319 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 368 $44,540,000 $121,033
    $1k-2k 310 $49,480,000 $159,613
    $2k-3k 157 $29,305,000 $186,656
    $3k-4k 80 $17,410,000 $217,625
    $4k-5k 52 $14,190,000 $272,885
    $5k+ 26 $8,610,000 $331,154

    Citizens & Northern Bank's average total fees were $4,772, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 368 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 502 $99,210,000 $197,629
    2.5-3% 205 $40,045,000 $195,341
    <2.5% 204 $35,190,000 $172,500
    4-5% 142 $34,930,000 $245,986
    5-6% 33 $2,305,000 $69,848
    % 10 $310,000 $31,000
    Over 8% 6 $260,000 $43,333
    6-7% 1 $65,000 $65,000
    7-8% 1 $65,000 $65,000

    During 2021, Citizens & Northern Bank's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was 3-4%, with 502 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 422 $61,150,000 $144,905 $3,870 3.20%
    $100,000 or less 332 $19,430,000 $58,524 $1,754 3.90%
    $200k-400k 283 $75,045,000 $265,177 $5,737 3.20%
    $400k-600k 40 $18,790,000 $469,750 $6,788 3.41%
    $1MM+ 14 $28,280,000 $2,020,000 $11,195 4.03%
    $600k-1MM 13 $9,685,000 $745,000 $8,163 3.96%

    2021 saw Citizens & Northern Bank place emphasis on $100k-200k loans with 422 originations, totaling $61,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 249 $32,845,000 $131,908 $3,606 3.40%
    $75k-100k 220 $32,920,000 $149,636 $3,828 3.40%
    $100k-150k 204 $37,220,000 $182,451 $4,181 3.33%
    $50k or less 177 $16,335,000 $92,288 $2,971 3.66%
    $150k-250k 121 $31,715,000 $262,107 $4,874 3.14%
    $250k+ 45 $14,985,000 $333,000 $5,060 3.11%

    Citizens & Northern Bank lent most frequently to those with incomes in the $50k-75k range, with 249 originations. The second most popular income band? $75k-100k, with 220 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 283 $43,315,000 $153,057 $3,465 3.32%
    30-36% 247 $38,535,000 $156,012 $3,859 3.47%
    <20% 126 $20,120,000 $159,683 $3,745 3.08%
    40% 47 $8,565,000 $182,234 $4,231 3.39%
    37% 44 $6,840,000 $155,455 $3,975 3.65%
    38% 43 $8,075,000 $187,791 $4,405 3.64%
    42% 42 $5,900,000 $140,476 $2,899 3.62%
    39% 39 $6,675,000 $171,154 $4,317 3.39%
    36% 35 $6,555,000 $187,286 $4,344 3.38%
    41% 34 $4,730,000 $139,118 $3,417 3.38%
    43% 28 $4,890,000 $174,643 $4,549 3.24%
    44% 12 $2,640,000 $220,000 $5,427 3.21%
    46% 12 $3,480,000 $290,000 $6,537 3.27%
    45% 9 $1,735,000 $192,778 $5,169 2.88%
    47% 8 $1,850,000 $231,250 $4,983 2.77%
    48% 5 $585,000 $117,000 $3,926 3.00%
    49% 5 $985,000 $197,000 $4,260 2.78%

    Citizens & Northern Bank lent most frequently to those with DTI ratios of 20-30%, with 283 originations. The next most common DTI ratio? 30-36%, with 247 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,011 $165,975,000 $164,169 $3,858 3.39%
    Not applicable 61 $40,555,000 $664,836 $0 4.23%
    Not provided 17 $3,145,000 $185,000 $3,090 3.74%
    Asian 11 $2,095,000 $190,455 $4,567 3.30%
    Other Asian 1 $255,000 $255,000 $0 4.30%
    Black 2 $230,000 $115,000 $2,286 2.94%
    American Indian 1 $125,000 $125,000 $6,193 3.13%

    Approval Rates

    Total approvals of all applications
    91.62%

    Citizens & Northern Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.68%

    Citizens & Northern Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    308.0 9 $475,000 $52,778
    NA 1,095 $211,905,000 $193,521

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,104 $212,380,000 $192,373

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 90 $9,080,000 $100,889 $1,569 3.66%
    40-60% 151 $33,585,000 $222,417 $3,195 3.27%
    60-80% 427 $90,805,000 $212,658 $4,102 3.45%
    80-100% 372 $75,930,000 $204,113 $4,965 3.34%
    Under 20% 64 $2,980,000 $46,563 $445 4.02%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 54 15.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 22 6.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Improper use of your report 1 0.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 6 1.7%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 3 0.9%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 27 7.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 116 33.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 7 2.0%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 4 1.2%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 15 4.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 19 5.5%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 7 2.0%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 4 1.2%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Incorrect information on your report 2 0.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 0.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 27 7.8%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 5 1.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 3 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Improper use of your report 1 0.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Incorrect information on your report 1 0.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 3 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 13 3.7%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 2 0.6%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 3 0.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens & Northern Bank 10 North Main Street Coudersport, PA 16915 Full Service B&M $71,629
    Citizens & Northern Bank 100 Maple Street Port Allegany, PA 16743 Full Service B&M $11,722
    Citizens & Northern Bank 102 East Main Street, Route 49 Knoxville, PA 16928 Full Service B&M $44,644
    Citizens & Northern Bank 104 Main Street Elkland, PA 16920 Full Service B&M $39,122
    Citizens & Northern Bank 1085 S. Main Street Mansfield, PA 16933 Full Service B&M $40,709
    Citizens & Northern Bank 111 W. Main Street Dushore, PA 18614 Full Service B&M $67,991
    Citizens & Northern Bank 130 Court Street Williamsport, PA 17701 Full Service B&M $141,682
    Citizens & Northern Bank 135 East Fourth Street Emporium, PA 15834 Full Service B&M $33,373
    Citizens & Northern Bank 1467 Golden Mile Rd Wysox, PA 18854 Full Service B&M $75,530
    Citizens & Northern Bank 1500 East Lancaster Avenue, Suite 105 Paoli, PA 19301 Full Service B&M $11,046
    Citizens & Northern Bank 1510 Dewey Avenue Williamsport, PA 17701 Full Service B&M $31,216
    Citizens & Northern Bank 1827 Elmira Street Sayre, PA 18840 Full Service B&M $93,143
    Citizens & Northern Bank 2 East Mountain Avenue South Williamsport, PA 17702 Full Service B&M $11,592
    Citizens & Northern Bank 230-232 Railroad Street Jersey Shore, PA 17740 Full Service B&M $9,122
    Citizens & Northern Bank 3 Main Street Canisteo, NY 14823 Full Service B&M $27,095
    Citizens & Northern Bank 33 Swamp Road Newtown, PA 18940 Full Service B&M $44,018
    Citizens & Northern Bank 3461 Route 405 Highway Muncy, PA 17756 Full Service B&M $26,865
    Citizens & Northern Bank 41 Main Street Tioga, PA 16946 Full Service B&M $41,956
    Citizens & Northern Bank 423/433 Reuter Blvd Towanda, PA 18848 Full Service B&M $94,958
    Citizens & Northern Bank 423/433 Reuter Boulevard Towanda, PA 18848 Full Service B&M $58,166
    Citizens & Northern Bank 4534 Williamson Trl Liberty, PA 16930 Full Service B&M $62,711
    Citizens & Northern Bank 465 North Main Street Doylestown, PA 18901 Full Service B&M $135,016
    Citizens & Northern Bank 514 Main Street Laporte, PA 18626 Full Service B&M $37,111
    Citizens & Northern Bank 563 Main Street East Smithfield, PA 18817 Full Service B&M $36,915
    Citizens & Northern Bank 60 N Main St Doylestown, PA 18901 Full Service B&M $373,348
    Citizens & Northern Bank 612 James Monroe Avenue Monroeton, PA 18832 Full Service B&M $17,191
    Citizens & Northern Bank 6250 County Route 64 Hornell, NY 14843 Full Service B&M $24,167
    Citizens & Northern Bank 64 Elmira St. Troy, PA 16947 Full Service B&M $94,487
    Citizens & Northern Bank 90 Main St, # 92 Wellsboro, PA 16901 Full Service B&M $199,158

    For 2021, Citizens & Northern Bank had 29 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $84,126
    Net interest income $79,165
    Total noninterest income $25,960
    Gross Fiduciary activities income $7,234
    Service charges on deposit accounts $4,633
    Trading account gains and fees $0
    Additional Noninterest Income $14,093
    Pre-tax net operating income $39,635
    Securities gains (or losses, -) $-5
    Income before extraordinary items $31,925
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $31,925
    Minority interest net income $0
    Net income $31,925
    Sale, conversion, retirement of capital stock, net $1,213
    Net operating income $31,929

    Citizens & Northern Bank's gross interest income from loans was $84,126,000.
    Citizens & Northern Bank's net interest income from loans was $79,165,000.
    Citizens & Northern Bank's fee based income from loans was $4,633,000.
    Citizens & Northern Bank's net income from loans was $31,925,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,961
    Provision for credit losses $3,661
    Total noninterest expense $61,829
    Salaries and employee benefits $37,293
    Premises and equipment expense $4,984
    Additional noninterest expense $19,552
    Applicable income taxes $7,705
    Net charge-offs $1,509
    Cash dividends $20,200

    Citizens & Northern Bank's interest expense for loans was $4,961,000.
    Citizens & Northern Bank's payroll and benefits expense were $37,293,000.
    Citizens & Northern Bank's property, plant and equipment expenses $4,984,000.

    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 3.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.7%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,959,117
    Deposits held in domestic offices $1,959,117
    Deposits by Individuals, partnerships, and corporations $1,673,426
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $251,436
    Deposits by Commercial banks and other depository institutions in U.S. $34,255
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $973,188
    Demand deposits $829,720
    Nontransaction accounts $985,929
    Money market deposit accounts (MMDAs) $453,394
    Other savings deposits (excluding MMDAs) $246,642
    Total time deposits $285,893
    Total time and savings deposits $1,129,397
    Noninterest-bearing deposits $554,733
    Interest-bearing deposits $1,404,384
    Retail deposits $1,851,478
    IRAs and Keogh plan accounts $77,346
    Brokered deposits $37,985
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,311,213
    Cash & Balances due from depository institutions $103,704
    Interest-bearing balances $86,978
    Total securities $503,497
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,552,700
    Loan and leases loss allowance $13,537
    Trading account assets $0
    Bank premises and fixed assets $24,434
    Other real estate owned $684
    Goodwill and other intangibles $58,205
    All other assets $67,989

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,311,213
    Total Liabilities $2,012,416
    Total deposits $1,959,117
    Interest-bearing deposits $1,404,384
    Deposits held in domestic offices $1,959,117
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $1,803
    Trading liabilities $0
    Other borrowed funds $28,042
    Subordinated debt $0
    All other liabilities $23,454

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,552,700
    Loan and leases loss allowance $13,537
    Total loans and leases (domestic) $1,566,237
    All real estate loans $1,262,363
    Real estate loans in domestic offices $1,262,363
    Construction and development loans $83,730
    Residential 1-4 family construction $23,151
    Other construction, all land development and other land $60,579
    Loans secured by nonfarm nonresidential properties $569,840
    Nonfarm nonresidential secured by owner-occupied properties $206,922
    Commercial real estate & other non-farm, non-residential $362,918
    Multifamily residential real estate $50,089
    1-4 family residential loans $547,583
    Farmland loans $11,121
    Loans held in foreign offices $0
    Farm loans $2,446
    Commercial and industrial loans $185,335
    To non-U.S. addressees $0
    Loans to individuals $17,132
    Credit card loans $2,645
    Related Plans $1,300
    Consumer Auto Loans $8,122
    Other loans to individuals $5,065
    All other loans & leases $98,961
    Loans to foreign governments and official institutions $0
    Other loans $17,660
    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 $248
    Non 1-4 family restructured loans & leases $39
    Total loans and leases (foreign) $0

    Citizens & Northern Bank had $1,552,700,000 of loans outstanding in 2021. $1,262,363,000 of loans were in real estate loans. $83,730,000 of loans were in development loans. $50,089,000 of loans were in multifamily mortgage loans. $547,583,000 of loans were in 1-4 family mortgage loans. $2,446,000 of loans were in farm loans. $2,645,000 of loans were in credit card loans. $8,122,000 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 836 $180,108 $215,440
    Nonfarm, nonresidential loans - <$100k 220 $7,443 $33,832
    Nonfarm, nonresidential loans - $100-250k 247 $30,220 $122,348
    Nonfarm, nonresidential loans - $250k-1MM 369 $142,445 $386,030
    Commercial & Industrial, US addressed loans - <$1MM 1,435 $92,122 $64,197
    Commercial & Industrial, US addressed loans - <$100k 988 $17,695 $17,910
    Commercial & Industrial, US addressed loans - $100-250k 214 $19,828 $92,654
    Commercial & Industrial, US addressed loans - $250k-1MM 233 $54,599 $234,330
    Farmland loans - <$1MM 67 $5,051 $75,388
    Farmland loans - <$100k 34 $602 $17,706
    Farmland loans - $100-250k 22 $2,266 $103,000
    Farmland loans - $250k-1MM 11 $2,183 $198,455
    Agriculture operations loans - <$1MM 132 $2,445 $18,523
    Agriculture operations loans - <$100k 126 $1,870 $14,841
    Agriculture operations loans - $100-250k 5 $257 $51,400
    Agriculture operations loans - $250k-1MM 1 $318 $318,000