Citizens & Northern Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, net interest income was $9,949,000 against $10,211,000 a year ago. Net interest income after provision for loan losses was $9,630,000 against $10,088,000 a year ago. Income before income tax provision was $5,326,000 against $5,850,000 a year ago. Net income was $4,065,000 or $0.33 per basic and diluted share against $4,368,000 or $0.35 per diluted share a year ago.

For the year, net interest income was $39,917,000 against $40,887,000 a year ago. Net interest income after provision for loan losses was $39,072,000 against $40,411,000 a year ago. Income before income tax provision was $21,808,000 against $22,778,000 a year ago. Net income was $16,471,000 or $1.35 per basic and diluted share against $17,086,000 or $1.38 per basic and diluted share a year ago. Return on average assets was 1.32% against 1.38% a year ago. Return on average equity was 8.72% against 9.21% a year ago. Common book value per share was $15.39 against $15.34 a year ago. Tangible common book value was $14.41 against $14.36 a year ago.