10-Q/A 1 w69237e10vqza.txt FORM 10-Q/A FOR CCFNB BANCORP,INC DATED SEPTEMBER 30,2004 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q/A [X] QUARTERLY REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2004 [ ] TRANSITION REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _____________ Commission file number 0-19028 CCFNB BANCORP, INC. (Name of small business Issuer in its charter) PENNSYLVANIA 23-2254643 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 232 East Street, Bloomsburg, PA 17815 (Address of principal executive offices) (Zip Code) Issuer's telephone number, including area code: (570) 784-4400 Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the issuer was required to file such reports), and (2) has been subject to such filing requirings for the past 90 days. Yes X No ___ Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. 1,271,993 shares of $1.25 (par) common stock were outstanding as of October 19, 2004. CCFNB BANCORP, INC. AND SUBSIDIARY 10-Q AMENDED SEPTEMBER 30, 2004 -------------------------------------------------------------------------------- This amended 10Q amends the Cash Flow statement. There was a typographical error in the 2004 column for Proceeds from sales, maturities and redemptions of investment securities Available-for-Sale. The correct number is now in place. 2

For the Nine Months Ending September 30, ---------------------------- 2004 2003 ---- ---- OPERATING ACTIVITIES Net income $ 1,597 $ 1,561 Adjustments to reconcile net income to net cash provided by operating activities: Provision for loan losses 110 150 Depreciation and amortization 282 293 Premium amortization on investment securities 242 448 Discount accretion on investment securities (21) (24) Deferred income taxes (benefit) (11) (75) (Gain) on sale of mortgage loans (12) (92) (Gain) on sales of investment securities (3) (8) Proceeds from sale of mortgage loans 1,328 8,178 Originations of mortgage loans for resale (1,316) (8,086) (Gain) on sale of other real estate owned - (12) (Gain) loss from investment in insurance agency (10) (4) (Increase) decrease in accrued interest receivable and other assets (40) (20) Net increase in cash surrender value of bank-owned life insurance (225) (198) Increase (decrease) in accrued interest, other expenses and other liabilities 156 (116) -------- ------- NET CASH PROVIDED BY OPERATING ACTIVITIES 2,077 1,995 -------- ------- INVESTING ACTIVITIES Purchase of investment securities Available-for-Sale (24,026) (45,199) Proceeds from sales, maturities and redemptions of investment SECURITIES AVAILABLE-FOR-SALE 22,007 33,015 Net (increase) decrease in loans (1,572) 1,551 Purchases of premises and equipment (467) (177) Proceeds from sale of other real estate owned - 37 Purchase of bank-owned life insurance policies - (2,000) -------- ------- NET CASH (USED IN) INVESTING ACTIVITIES (4,058) (12,773) -------- ------- FINANCING ACTIVITIES Net increase (decrease) in deposits (258) 939 Net increase (decrease) in short-term borrowings (256) 3,258 Net decrease in long-term borrowings (8) (9) Acquisition of treasury stock (288) (588) Proceeds from issuance of common stock 160 140 Cash dividends paid (663) (627) -------- ------- NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (1,313) 3,113 -------- ------- (DECREASE) IN CASH AND CASH EQUIVALENTS (3,294) (7,665) CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 12,362 16,020 -------- ------- CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 9,068 $ 8,355 ======== ======= SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION Cash paid during the year for: Interest $ 2,726 $ 3,543 Income taxes $ 391 $ 440

3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this amended report to be signed on its behalf by the undersigned thereunto duly authorized. CCFNB BANCORP, INC. (Registrant) By /s/ Lance O. Diehl --------------------------- Lance O. Diehl President and CEO Date: December 27, 2004 By /s/ Virginia D. Kocher --------------------------- Virginia D. Kocher Principal Financial Officer Date: December 27, 2004 4