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Exhibit 99.1 July 22 , 2021 CORPORATION CITIZENS & NORTHERN Contact : Charity Frantz 570-724-0225 charityf@cnbankpa.com C & N DECLARES DIVIDEND AND ANNOUNCES SECOND QUARTER 2021 UNAUDITED FINANCIAL RESULTS FOR IMMEDIATE RELEASE : Wellsboro , PA - Citizens & Northern Corporation ( “ C & N ” ) ( NASDAQ : CZNC ) announced its most recent dividend declaration and its unaudited , consolidated financial results for the three - month and six - month periods ended June 30 , 2021 . Dividend Declared On July 22 , 2021 , C & N's Board of Directors declared a regular quarterly cash dividend of $ 0.28 per share . The dividend is payable on August 13 , 2021 to shareholders of record as of August 2 , 2021 . Unaudited Financial Information Net income was $ 0.44 per diluted share in the second quarter 2021 , down from $ 0.55 in the first quarter 2021 and up $ 0.05 ( 12.8 % ) from $ 0.39 in the second quarter 2020. For the six months ended June 30 , 2021 , net income per diluted share was $ 0.99 , up from $ 0.70 per share for the first six months of 2020. As described below , earnings of $ 0.44 per share for the second quarter 2021 were 0.2 % lower than second quarter 2020 non - U.S . generally accepted accounting principles ( U.S. GAAP ) earnings per share of $ 0.45 as adjusted to exclude the impact of merger - related expenses . For the six months ended June 30 , 2021 , earnings of $ 0.99 per share were 30.3 % higher than the first six months of 2020 non - U.S . GAAP earnings per share of $ 0.76 as adjusted to exclude the impact of merger - related expenses . The following table provides a reconciliation of C & N's unaudited earnings results under U.S. GAAP to comparative non - U.S . GAAP results excluding merger - related expenses . Management believes disclosure of unaudited earnings results for the periods presented , adjusted to exclude the impact of these items , provides useful information to investors for comparative purposes . +