-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O66aF2yzau6Ot+1Y4WxB7atEJ/EJYgdzq27J+4FmFV+9n2EKw4ZkKzG6y6LikAxQ 4H8uZ/XvRkDNiyuTpIlVOg== 0000950154-03-000026.txt : 20030206 0000950154-03-000026.hdr.sgml : 20030206 20030206080956 ACCESSION NUMBER: 0000950154-03-000026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030206 ITEM INFORMATION: Other events FILED AS OF DATE: 20030206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JUNIATA VALLEY FINANCIAL CORP CENTRAL INDEX KEY: 0000714712 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 232235254 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13232 FILM NUMBER: 03541579 BUSINESS ADDRESS: STREET 1: 2 SOUTH MAIN ST STREET 2: P O BOX 66 CITY: MIFFLINTOWN STATE: PA ZIP: 17059-0066 BUSINESS PHONE: 7174368211 MAIL ADDRESS: STREET 1: BRIDGE AND MAIN STREETS STREET 2: P O BOX 66 CITY: MIFFLINTOWN STATE: PA ZIP: 17059-0066 8-K 1 jvfc-8k_54591.txt JUNIATA VALLEY 8-K EDGAR FILING --------------------------- 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) February 6, 2003 JUNIATA VALLEY FINANCIAL CORP. ------------------------------ (Exact Name of Registrant as Specified in its Charter) Pennsylvania 00013232 23-2235254 - -------------------------------------------------------------------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) Bridge and Main Streets, P.O. Box 66, Mifflintown, Pennsylvania 17059 --------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) FRANCIS J. EVANITSKY PRESIDENT & C.E.O. JUNIATA VALLEY FINANCIAL CORP. Bridge & Main Streets Mifflintown, PA 17059 --------------------- (Address of executive offices) Copies to: JAMES A. ULSH, ESQUIRE METTE, EVANS & WOODSIDE 3401 N. Front St., P.O. Box 5950 Harrisburg, PA 17110-0950 Telephone No. (717) 232-5000 (717) 436-8211 -------------- (Telephone No., including area code, of agent for service) Item 5. Other Events On February 6, 2003, Juniata Valley Financial Corp. issued a press release reporting year end financial results. The aforementioned is attached as an exhibit to this current report on Form 8-K. SIGNATURES 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. Juniata Valley Financial Corp. ------------------------------ (Registrant) Date: February 6, 2003 ---------------------------------------- Francis J. Evanitsky, President & C.E.O. EXHIBIT INDEX Exhibit No. 99 Description - -------------- ----------- Press Release of Juniata Valley Financial Corp. dated February 6, 2003. EX-99 3 jvfc-ex99_54591.txt EXHIBIT 99 EXHIBIT 99 JUNIATA VALLEY FINANCIAL CORP. ANNOUNCES 2002 RESULTS Mifflintown, PA - Francis J. Evanitsky, President & CEO of The Juniata Valley Bank recently announced the operating results for 2002. Earnings for the year were reported at $5,015,000 compared to $4,642,000 for 2001, this represents an increase of 8.0%. On an earnings per share basis, the year 2002 showed $2.15 per share in earnings versus $1.96 per share for 2001, an increase of 9.7% Total assets increased to $375,735,000 in 2002 from $356,757,000 in 2001, an increase of $18,978,000. Fueled by the uncertain economy and the volatile equity market, deposits increased to $322,619,000 from $305,468,000 an increase of $17,151,000. Total loans outstanding increased by $7,499,000 to $235,497,000 for 2002 from total outstandings of $227,998,000 in 2001. As a result of the aforementioned loan and deposit growth, and the resulting increase in earnings, The Juniata Valley Bank recorded a ROAA (Return on Average Assets) of 1.37% for 2002 versus 1.33% for 2001. Additionally, ROAE (Return on Average Equity) increased to 10.85% for 2002 from 10.47% for 2001. Evanitsky commented "We are pleased with the results for 2002. However, it was an extremely challenging year and all indications are that 2003 will be just as challenging." The Juniata Valley Bank was chartered in 1867 and has twelve banking offices serving Juniata, Mifflin, Perry and Huntingdon Counties. More information regarding The Juniata Valley Bank can be found online at www.jvbonline.com. ----------------- -----END PRIVACY-ENHANCED MESSAGE-----