CITIZENS & NORTHERN CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $58.4M | $57.1M | $58.3M | $57.4M | $61.3M | $66.7M | $63.8M | $57.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $24.5M | $24.8M | $26.4M | $27.9M | $30.5M | $40.2M | $45.6M | $44.1M |
| Operating Margin | 42.0% | 43.5% | 45.3% | 48.6% | 49.8% | 60.2% | 71.5% | 76.6% |
| Interest Expense | $3.9M | $3.7M | $4.6M | $5.1M | $5.8M | $9.0M | $13.6M | $19.2M |
| Pretax Income | $20.6M | $21.1M | $21.8M | $22.8M | $24.8M | $31.1M | $32.1M | $24.9M |
| Income Tax Expense | $7.2M | $5.3M | $5.3M | $5.7M | $6.2M | $8.4M | $8.7M | — |
| Net Income | $13.4M | $15.8M | $16.5M | $17.1M | $18.6M | $22.7M | $23.4M | $19.1M |
| Net Margin | 23.0% | 27.6% | 28.3% | 29.8% | 30.3% | 34.1% | 36.6% | 33.1% |
| EPS (Basic) | $1.10 | $1.30 | $1.35 | $1.38 | $1.51 | $1.86 | $1.92 | $1.45 |
| EPS (Diluted) | $1.10 | $1.30 | $1.35 | $1.38 | $1.50 | $1.85 | $1.92 | $1.45 |
| Shares Outstanding (Basic) | 12.1M | 12.0M | 12.1M | 12.4M | 12.4M | 12.2M | 12.2M | — |
| Shares Outstanding (Diluted) | 12.2M | 12.1M | 12.2M | 12.4M | 12.4M | 12.3M | 12.2M | — |
| Dividends Per Share | — | — | $1.04 | $1.04 | $1.00 | $0.84 | $0.58 | $0.39 |