Citizens & Northern Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company posted net income of $4,368,000 or $0.35 per diluted share against $4,225,000 or $0.34 per basic and diluted share a year ago. Net interest income was $10,211,000 against $10,531,000 a year ago. Income before income tax provision was $5,850,000 against $5,574,000 a year ago.

For the year, the company posted net income of $17,086,000 or $1.38 per basic and diluted share against $18,594,000 or $1.50 per diluted share a year ago. Net interest income was $40,887,000 against $43,149,000 a year ago. Income before income tax provision was $22,778,000 against $24,777,000 a year ago. Return on average assets was 1.38% against 1.50% a year ago. Return on average equity was 9.21% against 10.25% a year ago. Common book value per share was $15.34 against $14.49 a year ago. Tangible common book value per share was $14.36 against $13.51 a year ago.

Net charge-offs were $236,000 against $36,000 a year ago.