SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) March 27, 2003 -------------- CITIZENS & NORTHERN CORPORATION ------------------------------------------------------ (Exact name of registrant as specified in its charter) Pennsylvania 0-16084 23-2451943 - ------------------------------- ------------------ ------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation) File Number) Identification No.) 90-92 Main Street, Wellsboro, PA 16901 - ---------------------------------------- --------- (Address of Principal Executive Office) (Zip Code) Registrant's telephone number, including area code (570) 724-3411 -------------- N/A --- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE. Craig G. Litchfield, chairman, president and chief executive officer, announced that the Board of Directors has declared a 3-for-2 stock split of Citizens & Northern Corporation common stock, as well as a quarterly dividend of 21 cents per share for the first quarter 2003. The cash dividend will be paid based on shares of common stock outstanding, after the effect of the 3-for-2 split. The 3-for-2 stock split and cash dividend were declared March 27, 2003, payable April 21, 2003 for shareholders of record as of April 7, 2003. On March 27, 2003, Citizens & Northern Corporation issued a press release titled "Citizens & Northern Declares Three-for-Two Stock Split and Cash Dividend to Shareholders," a copy of which is filed as an exhibit to this Current Report on Form 8-K. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Not applicable. (b) Not applicable. (c) Exhibits. Exhibit 99: Press Release issued by Citizens & Northern Corporation dated March 27, 2003 titled "Citizens & Northern Declares Three-for-Two Stock Split and Cash Dividend to Shareholders." SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized. CITIZENS & NORTHERN CORPORATION Date: 3/27/03 /s/ Craig G. Litchfield ------------------------------------------------- By: Craig G. Litchfield Chairman, President and Chief Executive Officer