UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 12)*
CODORUS VALLEY BANCORP, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $2.50 PER SHARE
(Title of Class of Securities)
192-025-10-4
(Cusip Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting persons
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934
(Act) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
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CUSIP No. 192-025-10-4
13G
1. NAME OF REPORTING PERSON
IRS IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
PEOPLESBANK, A CODORUS VALLEY COMPANY, TRUST AND INVESTMENT
SERVICES DIVISION
2. CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP* (a)________
(b)________
NOT APPLICABLE
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
COMMONWEALTH OF PENNSYLVANIA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER 126,657
6. SHARED VOTING POWER 91,215
7. SOLE DISPOSITIVE POWER 106,484
8. SHARED DISPOSITIVE POWER 111,388
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
217,872
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
NOT APPLICABLE
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.2%
12. TYPE OF REPORTING PERSON*
BK*
*BANK TRUST DEPARTMENT
Reporting Person
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SCHEDULE 13G
Filed by: PeoplesBank, A Codorus Valley Company, Trust and Investment
Services Division
With: Securities and Exchange Commission
Washington, D.C. 20549
Calendar Year: 2006
Covered
Item 1 (a) Name of Issuer:
Codorus Valley Bancorp, Inc.
Item 1 (b) Address of Issuer's Principal Executive Offices:
105 Leader Heights Road
P.O. Box 2887
York, PA 17405-2887
Item 2 (a) Name of Person Filing:
David J. Cover, Senior Vice President
Trust and Investment Services Division
PeoplesBank, A Codorus Valley Company,
Item 2 (b) Address of Principal Business Office or, if none, Residence:
105 Leader Heights Road
P. O. Box 2887
York, PA 17405-2887
Item 2 (c) Citizenship:
Commonwealth of Pennsylvania
Item 2 (d) Title of Class of Securities:
Common Stock, par value $2.50 per share
Item 2 (e) Cusip Number:
192-025-10-4
Item 3: If this statement is filed pursuant to Rule 13d-1 (b), or
13d-2 (b) (c), check whether the person filing is a:
(a) ____ Broker or dealer registered under Section 15 of
the Act.
(b) XX Bank as defined in Section 3 (a) (6) of the Act.
(c) ____ Insurance Company as defined in Section 3 (a) (19) of
the Act.
(d) ____ Investment Company registered under Section 8 of the
Investment Company Act of 1940.
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(e) ____ Investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E).
(f) ____ Employee benefit plan, or endowment fund in accordance
with Section 240.13d-1 (b) (1) (ii) (F).
(g) ____ Parent holding company or central person in accordance
with Section 240.13d-1(b)(1) (ii) (G).
(h) ____ Savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act.
(i) ____ Church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act of 1940.
(j) ____ Group, in accordance with rule 13d-1(b)(1)(ii)(J).
Item 4 Ownership (as of December 31, 2006):
(a) Amount Beneficially owned:
217,872 shares of Common Stock, par value $2.50 per share.
(b) Percent of Class: 6.2%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: 126,657
(ii) Shared power to vote or to direct the vote: 91,215
(iii) Sole power to dispose or to direct the disposition
of: 106,484
(iv) Shared power to dispose or to direct the disposition
of: 111,388
Item 5 Ownership of 5% or less of a Class:
Not Applicable
Item 6 Ownership of More than 5% on Behalf of Another Person:
217,872 shares of the Issuer that are "beneficially owned" by
PeoplesBank, A Codorus Valley Company are held by PeoplesBank, A
Codorus Valley Company, Trust and Investment Services Division in
its fiduciary capacity. The Trust and Investment Services Division
has sole voting and dispositive power over 105,701 of these
shares; sole voting and shared dispositive power over 20,956 of
these shares; shared voting power and shared dispositive power
over 90,432 of these shares; and shared voting power and sole
dispositive power over 783 of these shares.
Item 7 Identification and Classification of the Subsidiary, which
acquired the security being reported on by the parent holding
company:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
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Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the Issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
/s/ David J. Cover
------------------------------------
Date: 2/9/2007 David J. Cover
Senior Vice President
PeoplesBank, A Codorus Valley Company
Trust and Investment Services Division
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