CITIZENS & NORTHERN Business Summary

Citizens & Northern Corp (CZNC) operates as a regional financial services holding company for Citizens & Northern Bank, primarily generating revenue through net interest income derived from a diverse loan portfolio, including commercial, residential mortgage, and consumer lending. The company’s business is structured into two primary segments: Community Banking, which provides traditional deposit and credit services, and Wealth Management, which offers trust, investment advisory, and retirement planning services. Following its strategic merger with Susquehanna Community Financial, Inc. in late 2025, the corporation significantly expanded its footprint across North Central and Southeastern Pennsylvania and Southern New York, increasing its total assets to approximately $3.2 billion. Within the competitive landscape, CZNC contends with regional peers such as First Community Bancshares (FCBC), First Mid Bancshares (FMBH), and Great Southern Bancorp (GSBC), positioning itself as a high-touch community-focused alternative with a robust dividend profile and a growing emphasis on digital delivery channels. Established in 1864, the corporation is currently led by President and CEO J. Bradley Scovill, who joined in 2015 with extensive executive experience from Kish Bancorp and Sterling Financial. The leadership team includes Executive Vice President and CFO Mark A. Hughes, who oversees the company’s capital management and treasury functions, and Harold F. Hoose III, serving as Chief Revenue Officer. The board of directors is chaired by Terry L. Lehman and recently integrated Christian C. Trate, the former CEO of Susquehanna Community Financial, following the 2025 acquisition. The executive team is characterized by deep regional banking pedigree, focusing on maintaining strong regulatory capital ratios and integrating legacy Susquehanna operations to drive long-term shareholder value through operational synergies and expanded market presence.