YORK, Pa, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (Codorus Valley, or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced net income of $2.7 million or $0.28 per diluted share, for the quarter ended December 31, 2021, as compared to net income of $4.8 million or $0.48 per diluted share, for the quarter ended December 31, 2020 and net income of $4.8 million or $0.49 per diluted share for the quarter ended September 30, 2021, representing a decrease of 43.4 percent and 43.7 percent, respectively. For the twelve months ended December 31, 2021, net income was $14.7 million or $1.50 per diluted share, compared to $8.4 million or $0.86 per diluted share, for the twelve months ended December 31, 2020, an increase of 73.6 percent.
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