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UNITED STATES 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 8, 2007
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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) Number)
incorporation)
105 Leader Heights Road
P.O. Box 2887
York, Pennsylvania 17405-2887
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(Address of principal executive offices) (Zip code)
717-747-1519
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(Registrant's telephone number including area code)
N/A
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(Former name or address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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CODORUS VALLEY BANCORP, INC.
FORM 8-K
ITEM 8.01 OTHER EVENTS
On February 8, 2007, PeoplesBank, A Codorus Valley Company
(PeoplesBank), subsidiary of registrant Codorus Valley Bancorp, Inc.
received a check for approximately $839,000. This check represents
PeoplesBank's portion of a $12 million restitution fund that was
created in settlement of a claim by the United States Department of
Justice against the Bank of New York. The check partially reimburses
PeoplesBank for loan losses that it incurred in 2002 and 2003.
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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.
Codorus Valley Bancorp, Inc.
(Registrant)
Date: February 12, 2007 /s/ Larry J. Miller
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Larry J. Miller
President and Chief
Executive Officer
(Principal Executive Officer)
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