UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2011
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Check here if Amendment; [ ] Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holding entries.
Institutional Investment Manager Filing this Report:
Name: Citizens & Northern Corporation
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Address: 90 - 92 Main Street
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Wellsboro, PA 16901
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Form 13F File Number: 28- 14195
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The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Mark A. Hughes
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Title: Treasurer and Chief Financial Officer
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Phone: 570-724-3411
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Signature, Place, and Date of Signing:
/s/ Mark A. Hughes Wellsboro, PA 2/13/12
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[Signature] [City, State] [Date]
Report type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
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Form 13F Information Table Entry Total: 72
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Form 13F Information Table Value Total: $ 97,933
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(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
1 28-14473 Citizens & Northern Bank
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VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1,000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Abbott Labs COM 002824100 $ 1,330 23646.000 SH DEFINED 1 23646.000
Accenture PLC SHS CLASS A G1151C101 $ 1,408 26445.000 SH DEFINED 1 26445.000
Apache Corp COM 037411105 $ 1,162 12833.000 SH DEFINED 1 12833.000
AT&T Inc COM 00206R102 $ 814 26902.000 SH DEFINED 1 26902.000
Automatic Data Processing COM 053015103 $ 1,565 28974.000 SH DEFINED 1 28974.000
Baker Hughes Inc COM 057224107 $ 1,325 27250.000 SH DEFINED 1 27250.000
Bard C R Inc COM 067383109 $ 1,049 12270.000 SH DEFINED 1 12270.000
Baxter Intl Inc COM 071813109 $ 763 15426.000 SH DEFINED 1 15426.000
Blackrock, Inc. COM 09247X101 $ 964 5409.000 SH DEFINED 1 5409.000
CH Robinson Worldwide COM NEW 12541W209 $ 1,205 17273.000 SH DEFINED 1 17273.000
Charles Schwab Corp COM 808513105 $ 729 64786.000 SH DEFINED 1 64786.000
Chevron Corp COM 166764100 $ 2,209 20759.000 SH DEFINED 1 20759.000
Cisco Systems Inc COM 17275R102 $ 1,383 76492.000 SH DEFINED 1 76492.000
Citizens & Northern Corp COM 172922106 $ 5,050 273408.832 SH DEFINED 1 273408.832
CME Group Inc COM 12572Q105 $ 824 3382.000 SH DEFINED 1 3382.000
Colgate Palmolive Co COM 194162103 $ 1,188 12858.000 SH DEFINED 1 12858.000
Corning Inc COM 219350105 $ 324 24963.000 SH DEFINED 1 24963.000
Danaher Corp COM 235851102 $ 1,299 27617.000 SH DEFINED 1 27617.000
Darden Restaurants Inc COM 237194105 $ 1,047 22971.000 SH DEFINED 1 22971.000
Disney Walt Co COM DISNEY 254687106 $ 204 5444.000 SH DEFINED 1 5444.000
Eaton Vance COM NON VTG 278265103 $ 771 32601.000 SH DEFINED 1 32601.000
Ecolab Inc. COM 278865100 $ 1,327 22960.000 SH DEFINED 1 22960.000
Expeditors Intl Wash Inc COM 302130109 $ 1,182 28866.000 SH DEFINED 1 28866.000
Exxon Mobil Corp COM 30231G102 $ 1,675 19760.000 SH DEFINED 1 19760.000
Fifth Third Bancorp COM 316773100 $ 367 28880.000 SH DEFINED 1 28880.000
FNB Corporation COM 302520101 $ 1,487 131473.000 SH DEFINED 1 131473.000
Franklin Resources Inc COM 354613101 $ 955 9938.000 SH DEFINED 1 9938.000
General Dynamics Corp COM 369550108 $ 1,017 15316.000 SH DEFINED 1 15316.000
General Elec Co COM 369604103 $ 509 28414.000 SH DEFINED 1 28414.000
International Business Machines COM 459200101 $ 1,698 9235.000 SH DEFINED 1 9235.000
iShares MSCI EAFE Index Fund MSCI EAFE INDEX 464287465 $ 926 18692.000 SH DEFINED 1 18692.000
iShares S&P 500 Index Fd S&P 500 INDEX 464287200 $ 5,770 45810.000 SH DEFINED 1 45810.000
iShares S&P MidCap 400 Index Fd S&P MIDCAP 400 464287507 $16,146 184289.000 SH DEFINED 1 184289.000
Johnson & Johnson COM 478160104 $ 1,231 18777.000 SH DEFINED 1 18777.000
Linear Tech Corp COM 535678106 $ 1,302 43353.000 SH DEFINED 1 43353.000
M & T Bank Corp COM 55261F104 $ 602 7887.000 SH DEFINED 1 7887.000
McDonalds Corp COM 580135101 $ 1,154 11498.000 SH DEFINED 1 11498.000
Medtronic Inc COM 585055106 $ 893 23351.000 SH DEFINED 1 23351.000
Microchip Technology Inc COM 595017104 $ 1,385 37798.000 SH DEFINED 1 37798.000
Microsoft Corp COM 594918104 $ 1,478 56917.000 SH DEFINED 1 56917.000
National Fuel Gas Co N J COM 636180101 $ 321 5784.000 SH DEFINED 1 5784.000
Nike, Inc. Class B CL B 654106103 $ 1,340 13905.000 SH DEFINED 1 13905.000
NORWOOD FINANCIAL CORP COM 669549107 $ 354 12881.000 SH SOLE 12881.000
Oracle Corp COM 68389X105 $ 1,202 46865.000 SH DEFINED 1 46865.000
Penns Woods Bancorp Inc COM 708430103 $ 275 7104.000 SH DEFINED 1 7104.000
PENSECO FINANCIAL SERVS COM 709570105 $ 645 17208.000 SH SOLE 17208.000
Pepsico Inc COM 713448108 $ 1,311 19753.000 SH DEFINED 1 19753.000
Pfizer Inc COM 717081103 $ 271 12524.000 SH DEFINED 1 12524.000
Praxair Inc COM 74005P104 $ 1,092 10218.000 SH DEFINED 1 10218.000
Procter & Gamble Co COM 742718109 $ 1,596 23926.000 SH DEFINED 1 23926.000
Qualcomm Inc COM 747525103 $ 1,419 25935.000 SH DEFINED 1 25935.000
Schlumberger Ltd COM 806857108 $ 1,285 18813.000 SH DEFINED 1 18813.000
SEI Investment Company COM 784117103 $ 995 57364.000 SH DEFINED 1 57364.000
SPDR Gold Trust GOLD SHS 78463V107 $ 225 1480.000 SH DEFINED 1 1480.000
Staples Inc COM 855030102 $ 747 53772.000 SH DEFINED 1 53772.000
Suncor Energy Inc New Common COM 867224107 $ 941 32639.000 SH DEFINED 1 32639.000
SYSCO Corp COM 871829107 $ 1,119 38140.000 SH DEFINED 1 38140.000
T. Rowe Price Group, Inc. COM 74144T108 $ 1,215 21330.000 SH DEFINED 1 21330.000
Target Corp COM 87612E106 $ 1,179 23023.000 SH DEFINED 1 23023.000
Teva Pharmaceutical Inds Ltd Adr ADR 881624209 $ 753 18649.000 SH DEFINED 1 18649.000
Texas Instruments Inc COM 882508104 $ 1,286 44186.000 SH DEFINED 1 44186.000
Tjx Companies (New) COM 872540109 $ 1,359 21047.000 SH DEFINED 1 21047.000
United Parcel Service Inc. Class CL B 911312106 $ 1,343 18344.000 SH DEFINED 1 18344.000
Utilities Select Sector SPDR SBI INT-UTILS 81369Y886 $ 1,295 35992.000 SH DEFINED 1 35992.000
Vanguard Emerging Markets ETF MSCI EMR MKT ETF 922042858 $ 423 11065.000 SH DEFINED 1 11065.000
Verizon Communications COM 92343V104 $ 1,134 28255.000 SH DEFINED 1 28255.000
W W Grainger Inc COM 384802104 $ 1,334 7125.000 SH DEFINED 1 7125.000
Walgreen Co COM 931422109 $ 1,111 33604.000 SH DEFINED 1 33604.000
Wal-Mart Stores Inc COM 931142103 $ 1,322 22118.000 SH DEFINED 1 22118.000
Wells Fargo & Co New COM 949746101 $ 1,020 37018.000 SH DEFINED 1 37018.000
Williams Cos Inc COM 969457100 $ 206 6238.000 SH DEFINED 1 6238.000
WVS FINANCIAL CORP COM 929358109 $ 98 10859.000 SH SOLE 10859.000