XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2

BORROWED FUNDS (Tables)

6 Months Ended

Jun. 30, 2022

BORROWED FUNDS

Schedule of short term borrowings

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2022		​	2021
FHLB-Pittsburgh borrowings	​	$	88,500	​	$	0
Customer repurchase agreements	​		1,542	​		1,803
Total short-term borrowings	​	$	90,042	​	$	1,803

Schedule of long term borrowings

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2022		​	2021
Loans maturing in 2022 with a weighted-average rate of 0.61%	​	$	4,031	​	$	15,452
Loans maturing in 2023 with a weighted-average rate of 1.35%	​	​	9,356	​	​	7,119
Loans maturing in 2024 with a weighted-average rate of 2.76%	​	​	23,081	​	​	5,099
Loan maturing in 2025 with a rate of 4.91%	​	​	323	​	​	372
Total long-term FHLB-Pittsburgh borrowings	​	$	36,791	​	$	28,042

Schedule of outstanding senior notes

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2022		​	2021
Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026	​	$	14,733	​	$	14,701
Total carrying value	​	$	14,733	​	$	14,701

Schedule of outstanding subordinated debt

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2022		​	2021
Agreements with an aggregate par value of $6,500,000; bearing interest at 6.50%; maturing in April 2027 and redeemed at par in April 2022	​	$	0	​	$	6,500
Agreement with a par value of $2,000,000; bearing interest at 6.50% with an effective interest rate of 5.60%; maturing in July 2027 and redeemed at par in June 2022	​	​	0	​	​	2,008
Agreements with a par value of $25,000,000; bearing interest at 3.25% with an effective interest rate of 3.74%; maturing in June 2031 and redeemable at par in June 2026	​	​	24,553	​	​	24,501
Total carrying value	​	$	24,553	​	$	33,009

X

- Definition

Schedule of outstanding senior notes.

+ References

No definition available.

+ Details

Name:	cznc_ScheduleOfSeniorNotesTableTextBlock
Namespace Prefix:	cznc_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of outstanding subordinated debt.

+ References

No definition available.

+ Details

Name:	cznc_ScheduleOfSubordinatedDebtTableTextBlock
Namespace Prefix:	cznc_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration