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 - December 9, 1997
CODORUS VALLEY BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-15536 23-2428543
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) Number)
105 Leader Heights Road
P. O. Box 2887
York, Pennsylvania 17405-2887
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(Address of principal executive (Zip Code)
offices)
Registrant's telephone number including area code: (717) 846-1970
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N/A
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(Former name or former address, if changed since last report)
Page 1 of 6 Sequentially Numbered Pages
Index to Exhibits Found on Page 4
<PAGE>
Item 1. Changes in Control of Registrant.
Not Applicable.
Item 2. Acquisition or Disposition of Assets.
Not Applicable.
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable.
Item 5. Other Events.
On December 9, 1997, the Issuer released a Press
Release, attached as Exhibit 99, announcing a
two-for-one stock split, effected in the form of a 100%
stock dividend.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements and Exhibits.
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits:
99 Press Release, of Registrant, dated December 9,
1997, re: Two-for-One Stock Split.
Item 8. Change in Fiscal Year.
Not Applicable.
<PAGE>
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.
CODORUS VALLEY BANCORP, INC.
(Registrant)
Dated: December 11, 1997 /s/ Larry J. Miller
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Larry J. Miller, President and
Chief Executive Officer
(Principal Executive Officer)
:78871
<PAGE>
EXHIBIT INDEX
Page Number
in Manually
Exhibit Signed Original
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99 Press Release, of Registrant, 6
dated December 9, 1997,
re: Two-for-One Stock Split.
EXHIBIT 99
PRESS RELEASE OF REGISTRANT
<PAGE>
[LOGO]
CODORUS VALLEY BANCORP, INC.
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PRESS RELEASE
CODORUS VALLEY BANCORP, INC.
TWO-FOR-ONE STOCK SPLIT EFFECTED
IN THE FORM OF A ONE HUNDRED PERCENT STOCK DIVIDEND ANNOUNCED
York, Pennsylvania
December 9, 1997
Contact Person: Larry J. Miller, President
Telephone: 717-747-1500
The Board of Directors of Codorus Valley Bancorp, Inc. has
declared a two-for-one stock split effected in the form of a one
hundred percent (100%) stock dividend to shareholders of record
as of December 23, 1997. The stock split in the form of a stock
dividend will be paid on January 26, 1998.
Speaking on behalf of the Corporation, Larry J. Miller,
President, stated, "We are pleased with the performance of our
stock during 1997, and look at this stock dividend as a means of
enhancing long-term shareholder value."
The Corporation had total assets of $251 million at September 30,
1997; an increase of $15 million or 6% above September 30, 1996.
The Corporation earned $1,919,000 or $1.75 per share for the
first nine months of 1997.
Codorus Valley Bancorp, Inc. (Nasdaq: CVLY) is the parent bank
holding company of PeoplesBank, A Codorus Valley Company.
PeoplesBank operates eight full service banking offices
throughout Southern York County, and a Trust and Investment
Services Division located at the Codorus Valley Corporate Center.
Codorus Valley Corporate Center, 105 Leader Heights Road,
P. O. Box 2887, York, PA 17405-2887
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717-747-1519 - Fax 717-747-0490
