UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 17)*

 

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:

 

    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, WEALTH MANAGEMENT    
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 112,703
  6. SHARED VOTING POWER 95,661
  7. SOLE DISPOSITIVE POWER 0
  8. SHARED DISPOSITIVE POWER 208,364

 

9.     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  208,364
   
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
  4.96%
12. TYPE OF REPORTING PERSON*
  BK*

 

*BANK TRUST DEPARTMENT

 

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Reporting Person

SCHEDULE 13G

 

Filed by: PeoplesBank, A Codorus Valley Company, Wealth Management
   
With: Securities and Exchange Commission
Washington, D.C. 20549
   
Calendar Year:      2011
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:
Stephen M. Altland, Senior Vice President
Wealth Management
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.
  (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).

 

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Item 4   Ownership (as of December 31, 2011):
     
  (a) Amount Beneficially owned:
208,364 shares of Common Stock, par value $2.50 per share.
     
  (b) Percent of Class:    4.96%
     
  (c) Number of Shares as to which such person has:
    (i)    Sole power to vote or to direct the vote: 112,703
    (ii)   Shared power to vote or to direct the vote: 95,661
    (iii)  Sole power to dispose or to direct the disposition of: 0
    (iv)  Shared power to dispose or to direct the disposition of: 208,364
     
Item 5  

Ownership of 5% or less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following

     
Item 6   Ownership of More than 5% on Behalf of Another Person:
    Not Applicable
     
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
     
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/ Stephen M. Altland  
Date:     2/9/12

Stephen M. Altland

Senior Vice President

PeoplesBank, A Codorus Valley Company

Wealth Management

105 Leader Heights Road

York, PA 17403

 

 

 

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