Citizens & Northern CZNC Foreclosed Assets
Foreclosed Assets at other companies
Other financials
Where this comes from
Reported directly by Citizens & Northern in its filing.
Tagged under the XBRL concept us-gaap:ForeclosedAssets.
The official record: Citizens & Northern’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Citizens & Northern's foreclosed assets?
- Citizens & Northern (CZNC) reported foreclosed assets of $181K in Q1 2026.
- How has Citizens & Northern's foreclosed assets changed year-over-year?
- Citizens & Northern's foreclosed assets decreased by 9.0% year-over-year, from $199K to $181K.
- What is the long-term trend for Citizens & Northern's foreclosed assets?
- Over 5 years (2020 to 2025), Citizens & Northern's foreclosed assets has grown at a -32.4% compound annual growth rate (CAGR), from $1.34M to $189K.
- What does foreclosed assets mean?
- Foreclosed assets, often referred to as Other Real Estate Owned (OREO), are properties acquired by the bank through the foreclosure process due to borrower default. These assets represent non-performing collateral that the bank intends to sell to recover loan balances. A high level of these assets indicates potential credit quality issues and increased carrying costs.