UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2012 ------------------------------ 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 -------------------------------------------------------------------- Address: 90 - 92 Main Street -------------------------------------------------------------------- Wellsboro, PA 16901 -------------------------------------------------------------------- Form 13F File Number: 28-14195 -------- 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 -------------------------------------------------------------------- Title: Treasurer and Chief Financial Officer -------------------------------------------------------------------- Phone: 570-724-3411 -------------------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Mark A. Hughes Wellsboro, PA 8/13/12 --------------------------- -------------------------- -------------- [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 ------------------------------ Form 13F Information Table Entry Total: 74 ------------------------------ Form 13F Information Table Value Total: $ 103,383 ------------------------------ (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 ---- ---------------------------------- 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 $ 1,544 23951.000 SH DEFINED 1 23951.000 Accenture PLC SHS CLASS A G1151C101 $ 1,545 25704.000 SH DEFINED 1 25704.000 AT&T Inc COM 00206R102 $ 1,255 35183.000 SH DEFINED 1 35183.000 Automatic Data Processing COM 053015103 $ 1,518 27268.000 SH DEFINED 1 27268.000 Baker Hughes Inc COM 057224107 $ 1,215 29554.000 SH DEFINED 1 29554.000 Bard C R Inc COM 067383109 $ 1,336 12437.000 SH DEFINED 1 12437.000 Baxter Intl Inc COM 071813109 $ 1,021 19210.000 SH DEFINED 1 19210.000 Blackrock, Inc. COM 09247X101 $ 1,041 6128.000 SH DEFINED 1 6128.000 BP PLC Sponsored ADR SPONSORED ADR 055622104 $ 559 13780.000 SH DEFINED 1 13780.000 CH Robinson Worldwide COM NEW 12541W209 $ 1,047 17895.000 SH DEFINED 1 17895.000 Charles Schwab Corp COM 808513105 $ 1,130 87381.000 SH DEFINED 1 87381.000 Chevron Corp COM 166764100 $ 2,156 20434.000 SH DEFINED 1 20434.000 Cisco Systems Inc COM 17275R102 $ 1,245 72506.000 SH DEFINED 1 72506.000 Citizens & Northern Corp COM 172922106 $ 5,161 270943.914 SH DEFINED 1 270943.914 CME Group Inc COM 12572Q105 $ 1,129 4210.000 SH DEFINED 1 4210.000 Colgate Palmolive Co COM 194162103 $ 1,406 13509.000 SH DEFINED 1 13509.000 Corning Inc COM 219350105 $ 328 25356.000 SH DEFINED 1 25356.000 Danaher Corp COM 235851102 $ 1,260 24202.000 SH DEFINED 1 24202.000 Darden Restaurants Inc COM 237194105 $ 1,300 25673.000 SH DEFINED 1 25673.000 Disney Walt Co COM DISNEY 254687106 $ 248 5109.000 SH DEFINED 1 5109.000 Eaton Vance COM NON VTG 278265103 $ 1,097 40707.000 SH DEFINED 1 40707.000 Ecolab Inc. COM 278865100 $ 1,436 20955.000 SH DEFINED 1 20955.000 Expeditors Intl Wash Inc COM 302130109 $ 1,099 28358.000 SH DEFINED 1 28358.000 Exxon Mobil Corp COM 30231G102 $ 3,761 43949.000 SH DEFINED 1 43949.000 Fifth Third Bancorp COM 316773100 $ 387 28880.000 SH DEFINED 1 28880.000 FNB Corporation COM 302520101 $ 1,429 131473.000 SH DEFINED 1 131473.000 Franklin Resources Inc COM 354613101 $ 1,751 15780.000 SH DEFINED 1 15780.000 General Dynamics Corp COM 369550108 $ 1,058 16045.000 SH DEFINED 1 16045.000 General Elec Co COM 369604103 $ 1,195 57337.000 SH DEFINED 1 57337.000 Heinz H J Co COM 423074103 $ 705 12960.000 SH DEFINED 1 12960.000 Home Depot Inc COM 437076102 $ 212 4000.000 SH DEFINED 1 4000.000 Ingredion Inc Common COM 457187102 $ 253 5114.000 SH DEFINED 1 5114.000 Intel Corp COM 458140100 $ 1,303 48898.000 SH DEFINED 1 48898.000 International Business Machines COM 459200101 $ 2,486 12710.000 SH DEFINED 1 12710.000 iShares S&P 500 Index Fd S&P 500 INDEX 464287200 $ 468 3419.000 SH DEFINED 1 3419.000 iShares S&P MidCap 400 Index Fd S&P MIDCAP 400 464287507 $ 16,259 172654.000 SH DEFINED 1 172654.000 Johnson & Johnson COM 478160104 $ 1,361 20142.000 SH DEFINED 1 20142.000 Linear Tech Corp COM 535678106 $ 1,381 44074.000 SH DEFINED 1 44074.000 M & T Bank Corp COM 55261F104 $ 645 7810.000 SH DEFINED 1 7810.000 McDonalds Corp COM 580135101 $ 1,105 12479.000 SH DEFINED 1 12479.000 Medtronic Inc COM 585055106 $ 1,058 27316.000 SH DEFINED 1 27316.000 Microchip Technology Inc COM 595017104 $ 1,268 38324.000 SH DEFINED 1 38324.000 Microsoft Corp COM 594918104 $ 1,645 53762.000 SH DEFINED 1 53762.000 National Fuel Gas Co N J COM 636180101 $ 272 5784.000 SH DEFINED 1 5784.000 Nike, Inc. Class B CL B 654106103 $ 1,131 12883.000 SH DEFINED 1 12883.000 NORWOOD FINANCIAL CORP COM 669549107 $ 367 12881.000 SH SOLE 12881.000 Oracle Corp COM 68389X105 $ 1,483 49949.000 SH DEFINED 1 49949.000 PENNS WOODS BANCORP INC COM 708430103 $ 283 7104.000 SH DEFINED 1 7104.000 Pepsico Inc COM 713448108 $ 1,404 19872.000 SH DEFINED 1 19872.000 Pfizer Inc COM 717081103 $ 303 13166.000 SH DEFINED 1 13166.000 Praxair Inc COM 74005P104 $ 1,192 10961.000 SH DEFINED 1 10961.000 Procter & Gamble Co COM 742718109 $ 1,523 24873.000 SH DEFINED 1 24873.000 Qualcomm Inc COM 747525103 $ 1,339 24053.000 SH DEFINED 1 24053.000 Schlumberger Ltd COM 806857108 $ 1,339 20631.000 SH DEFINED 1 20631.000 SEI Investment Company COM 784117103 $ 1,238 62258.000 SH DEFINED 1 62258.000 SPDR Gold Trust GOLD SHS 78463V107 $ 230 1480.000 SH DEFINED 1 1480.000 Staples Inc COM 855030102 $ 1,041 79735.000 SH DEFINED 1 79735.000 Suncor Energy Inc New Common COM 867224107 $ 1,120 38701.000 SH DEFINED 1 38701.000 SUSQUEHANNA BANCSHARES INC COM 869099101 $ 103 10000.000 SH SOLE 10000.000 SYSCO Corp COM 871829107 $ 1,193 40016.000 SH DEFINED 1 40016.000 T. Rowe Price Group, Inc. COM 74144T108 $ 1,302 20679.000 SH DEFINED 1 20679.000 Talisman Energy Inc COM 87425E103 $ 1,223 106761.000 SH DEFINED 1 106761.000 Target Corp COM 87612E106 $ 1,423 24458.000 SH DEFINED 1 24458.000 Teva Pharmaceutical Inds Ltd Adr ADR 881624209 $ 961 24354.000 SH DEFINED 1 24354.000 Tjx Companies (New) COM 872540109 $ 1,654 38518.000 SH DEFINED 1 38518.000 United Parcel Service Inc. Class B CL B 911312106 $ 1,304 16551.000 SH DEFINED 1 16551.000 Utilities Select Sector SPDR SBI INT-UTILS 81369Y886 $ 1,725 46647.000 SH DEFINED 1 46647.000 Vanguard Emerging Markets ETF MSCI EMR MKT ETF 922042858 $ 785 19657.000 SH DEFINED 1 19657.000 Verizon Communications COM 92343V104 $ 1,466 32980.000 SH DEFINED 1 32980.000 W W Grainger Inc COM 384802104 $ 1,202 6286.000 SH DEFINED 1 6286.000 Walgreen Co COM 931422109 $ 1,085 36680.000 SH DEFINED 1 36680.000 Wal-Mart Stores Inc COM 931142103 $ 1,439 20645.000 SH DEFINED 1 20645.000 Wells Fargo & Co New COM 949746101 $ 1,367 40865.000 SH DEFINED 1 40865.000 WVS FINANCIAL CORP COM 929358109 $ 80 10859.000 SH DEFINED 1 10859.000