<SEC-DOCUMENT>0000943374-19-000458.txt : 20191017
<SEC-HEADER>0000943374-19-000458.hdr.sgml : 20191017
<ACCEPTANCE-DATETIME>20191017162602
ACCESSION NUMBER:		0000943374-19-000458
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191001
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20191017
DATE AS OF CHANGE:		20191017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CITIZENS FINANCIAL SERVICES INC
		CENTRAL INDEX KEY:			0000739421
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				232265045
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-13222
		FILM NUMBER:		191155422

	BUSINESS ADDRESS:	
		STREET 1:		15 S MAIN ST
		CITY:			MANSFIELD
		STATE:			PA
		ZIP:			16933
		BUSINESS PHONE:		570-662-0444

	MAIL ADDRESS:	
		STREET 1:		15 S MAIN ST
		CITY:			MANSFIELD
		STATE:			PA
		ZIP:			16933
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">WASHINGTON, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">FORM 8-K</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">CURRENT REPORT</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;">Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;">Date of Report (Date of earliest event reported):&#160; October 1, 2019</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;"><u>CITIZENS FINANCIAL SERVICES, INC.</u></div>
    <div style="text-align: center;">(Exact Name of Registrant as Specified in its Charter)</div>
    <div><br>
    </div>
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            <div style="text-align: center; font-size: 12pt;">Pennsylvania</div>
          </td>
          <td style="width: 6.73%; vertical-align: top;">&#160;</td>
          <td style="width: 21.15%; vertical-align: bottom; border-bottom: 2px solid black;">
            <div style="text-align: center; font-size: 12pt;">0-13222</div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: bottom; border-bottom: 2px solid black;">
            <div style="text-align: center; font-size: 12pt;">23-2265045</div>
          </td>
        </tr>
        <tr>
          <td style="width: 37.5%; vertical-align: top;">
            <div style="text-align: center;">(State or Other Jurisdiction of Incorporation)</div>
          </td>
          <td style="width: 6.73%; vertical-align: top;">&#160;</td>
          <td style="width: 21.15%; vertical-align: top;">
            <div style="text-align: center;">(Commission File No.)</div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: top;">
            <div style="text-align: center;">(I.R.S. Employer Identification No.)</div>
          </td>
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          <td style="width: 65.38%; vertical-align: bottom; border-bottom: 2px solid black;">
            <div style="font-size: 12pt;">15 South Main Street, Mansfield, Pennsylvania</div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: bottom; border-bottom: 2px solid black;">
            <div style="text-align: center; font-size: 12pt;">16933</div>
          </td>
        </tr>
        <tr>
          <td style="width: 65.38%; vertical-align: bottom;">
            <div>(Address of Principal Executive Offices)</div>
          </td>
          <td style="width: 3.85%; vertical-align: top;">&#160;</td>
          <td style="width: 30.77%; vertical-align: bottom;">
            <div style="text-align: center;">(Zip Code)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="font-size: 12pt;">Registrant&#8217;s telephone number, including area code:&#160; <u>(570) 662-2121</u></div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;"><u>Not applicable</u></div>
    <div style="text-align: center;">(Former Name or Former Address, if Changed Since Last Report)</div>
    <div><br>
    </div>
    <div style="font-size: 12pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
      following provisions (see General Instruction A.2. below):</div>
    <div style="font-size: 12pt;"> <br>
    </div>
    <div style="font-size: 12pt;">
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              <div style="font-size: 12pt;">&#9723;</div>
            </td>
            <td style="width: 94.31%; vertical-align: top;">
              <div style="font-size: 12pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
            </td>
          </tr>
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            <td style="width: 5.69%; vertical-align: top;">
              <div style="font-size: 12pt;">&#9723;</div>
            </td>
            <td style="width: 94.31%; vertical-align: top;">
              <div style="text-indent: -36pt; margin-left: 36pt; font-size: 12pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
            </td>
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              <div style="font-size: 12pt;">&#9723;</div>
            </td>
            <td style="width: 94.31%; vertical-align: top;">
              <div style="font-size: 12pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
            </td>
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              <div style="font-size: 12pt;">&#9723;</div>
            </td>
            <td style="width: 94.31%; vertical-align: top;">
              <div style="font-size: 12pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
            </td>
          </tr>

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    <br>
    <div style="font-size: 12pt;">Securities registered pursuant to Section 12(b) of the Act:</div>
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          <td style="width: 20%; vertical-align: bottom; border-bottom: #000000 2px solid;">&#160;</td>
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        </tr>
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          <td style="width: 30.48%; vertical-align: top;">
            <div style="text-align: center;">Title of Each Class</div>
          </td>
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            <div style="text-align: center;">Trading Symbol(s)</div>
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            <div style="text-align: center;">&#160;</div>
          </td>
          <td style="width: 41.9%; vertical-align: bottom;">
            <div style="text-align: center;">Name of Each Exchange on Which Registered</div>
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    <div><br>
    </div>
    <div style="font-size: 12pt;">Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the
      Securities Exchange Act of 1934.</div>
    <div style="text-align: right; font-size: 12pt;">Emerging growth company&#160; &#9723;</div>
    <div><br>
    </div>
    <div style="font-size: 12pt;">If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or
      revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160; &#9723;</div>
    <div style="font-size: 12pt;"> <br>
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              <td style="width: 72pt; vertical-align: top; align: right; font-size: 12pt; font-weight: bold;">Item 5.02</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-size: 12pt; font-weight: bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
                  Officers.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 12pt;">On October 1, 2019, Terry B. Osborne notified First Citizens Community Bank (the &#8220;Bank&#8221;), the bank subsidiary of Citizens Financial
      Services, Inc. (the &#8220;Company&#8221;), of his intention to retire effective February 1, 2020.&#160; Mr. Osborne serves as Chief Credit Officer of the Bank and Assistant Secretary of the Company and the Bank, and is a &#8220;named executive officer&#8221; of the Company.</div>
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    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SIGNATURES</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 12pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
      by the undersigned, hereunto duly authorized.</div>
    <div style="text-indent: 36pt; font-size: 12pt;"> <br>
    </div>
    <div style="text-indent: 36pt; font-size: 12pt;">
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            <td style="width: 41.28%; vertical-align: top;">&#160;</td>
            <td style="width: 5.88%; vertical-align: top;">&#160;</td>
            <td style="width: 52.84%; vertical-align: top;">
              <div style="font-size: 12pt; font-weight: bold;">Citizens Financial Services, Inc.</div>
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 41.28%; vertical-align: top;">&#160;</td>
            <td style="width: 5.88%; vertical-align: top;">&#160;</td>
            <td style="width: 52.84%; vertical-align: top;">&#160;</td>
          </tr>
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            <td style="width: 41.28%; vertical-align: top;">&#160;</td>
            <td style="width: 5.88%; vertical-align: top;">&#160;</td>
            <td style="width: 52.84%; vertical-align: top;">&#160;</td>
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            <td style="width: 41.28%; vertical-align: top;">
              <div style="text-align: justify; font-size: 12pt;">DATE: October 17, 2019</div>
            </td>
            <td style="width: 5.88%; vertical-align: top;">
              <div style="text-align: right; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">By:&#160;&#160; <br>
              </div>
            </td>
            <td style="width: 52.84%; vertical-align: top;">
              <div style="text-align: justify; font-size: 12pt;"><u>/s/ Randall E. Black</u></div>
            </td>
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            <td style="width: 41.28%; vertical-align: top;">&#160;</td>
            <td style="width: 5.88%; vertical-align: top;">&#160;</td>
            <td style="width: 52.84%; vertical-align: top;">
              <div style="text-align: justify; font-size: 12pt;">Randall E. Black</div>
            </td>
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            <td style="width: 41.28%; vertical-align: top;">&#160;</td>
            <td style="width: 5.88%; vertical-align: top;">&#160;</td>
            <td style="width: 52.84%; vertical-align: top;">
              <div style="font-size: 12pt;">Chief Executive Officer and President</div>
            </td>
          </tr>

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