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Citizens & Northern CZNC Provision for Credit Losses

Provision for Credit Losses at other companies

Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$500K-20.0%
First Community Corporation logo
First Community CorporationFCCO
$193K-55.8%
Capital City Bank Group logo
Capital City Bank GroupCCBG
$82K+125%
West Bancorporation logo
West BancorporationWTBA
$0
Greene County Bancorp logo
Greene County BancorpGCBC
$451K-58.4%
Northwest Bancshares logo
Northwest BancsharesNWBI
$4.37M-44.8%

Segments

By segment

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Single Reportable$13.6M+5,664%

Other financials

Income statement

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Revenue$36.6M+35.8%
Net income$273.0K-95.7%
EPS (diluted)$0.02-95.1%

Balance sheet

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Cash & equivalents$54.8M-52.2%
Total debt$13.6M+2,280%
Total equity$335.6M+19.1%
Total assets$3.2B+21.3%

Cash flow

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Operating cash flow$8.7M+447%
CapEx$188.0K-65.3%
Free cash flow$8.5M+713%

Valuation

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Market cap$402.23M+41.5%
Enterprise value$361.02M+112%
P/E23.1×+12.6×
P/S+0.4×

Profitability

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Net margin13.2%-11.4pp
FCF margin28.3%+3.5pp

Returns & leverage

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Return on equity5.6%-4.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Citizens & Northern in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?
Citizens & Northern (CZNC) reported provision for credit losses of $13.6M in Q1 2026.
How has Citizens & Northern's provision for credit losses changed year-over-year?
Citizens & Northern's provision for credit losses increased by 5663.6% year-over-year, from $236K to $13.6M.
What is the long-term trend for Citizens & Northern's provision for credit losses?
Over 3 years (2021 to 2025), Citizens & Northern's provision for credit losses has grown at a 18.4% compound annual growth rate (CAGR), from $3.66M to $6.07M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.