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Citizens Community Bancorp Inc.
CZWICIK 0001367859NasdaqAcceleratedSmaller ReportingSavings Institution, Federally CharteredMarylandFY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$14.42M
Total Assets
$1.78B
Equity
$187.94M
Shares Out
9.64M
Op. Cash Flow
$11.69M
Business
Citizens Community Bancorp Inc. is a bank holding company that owns and operates Citizens Community Federal N.A., a federally chartered national bank providing commercial, agricultural and consumer banking services. The Bank offers one-to-four family residential mortgages, commercial real estate loans, C&I loans, agricultural loans, home equity lines-of-credit and consumer loans through 21 branches. It operates in Wisconsin and Minnesota, including the Chippewa Valley Region, Twin Cities and Mankato markets, and serves small commercial borrowers and individual consumers with deposit products, investment securities and credit facilities.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Interest and fees on loans | 78 | 80 | 74 | 62 | 58 | |
| Interest on cash and investments | 10 | 10 | 11 | 8 | 6 | |
| Total interest and dividend income | 88 | 90 | 84 | 69 | 64 | |
| Interest on deposits | 33 | 38 | 26 | 6 | 6 | |
| Interest on FHLB borrowed funds | 13,000 | 1 | 6 | 2 | 2 | |
| Interest on other borrowed funds | 3 | 4 | 4 | 4 | 3 | |
| Total interest expense | 36 | 43 | 36 | — | — | |
| Net interest income before provision for credit losses | 51 | 46 | 48 | 56 | 54 | |
| Provision (provision reversal) for credit losses | 2 | −3 | −475,000 | 1 | 0 | |
| Net interest income after provision for credit losses | 49 | 50 | 49 | 55 | 54 | |
| Service charges on deposit accounts | 2 | 2 | 2 | 2 | 2 | |
| Interchange income | 2 | 2 | 2 | 2 | 2 | |
| Loan servicing income | 2 | 2 | 2 | 2 | 3 | |
| Gain on sale of loans | 3 | 2 | 2 | 1 | 5 | |
| Loan fees and service charges | 676,000 | 996,000 | 432,000 | 679,000 | 705,000 | |
| Net gains (losses) on equity securities | 234,000 | −856,000 | 447,000 | 541,000 | 1 | |
| Bank Owned Life Insurance (BOLI) death benefit | 0 | 184,000 | 0 | — | — | |
| Other | 993,000 | 1 | 1 | 936,000 | 1 | |
| Total non-interest income | 11 | 10 | 10 | 10 | 16 | |
| Compensation and related benefits | 24 | 23 | 21 | 22 | 23 | |
| Occupancy | 5 | 5 | 5 | 5 | 5 | |
| Data processing | 7 | 7 | 6 | 5 | 6 | |
| Amortization of intangible assets | 584,000 | 715,000 | 755,000 | 1 | 2 | |
| Mortgage servicing rights expense, net | 621,000 | 534,000 | 615,000 | 222,000 | 191,000 | |
| Advertising, marketing and public relations | 906,000 | 793,000 | 734,000 | 1 | 986,000 | |
| FDIC premium assessment | 773,000 | 798,000 | 812,000 | 470,000 | 551,000 | |
| Professional services | 2 | 2 | 2 | 2 | 2 | |
| Losses on repossessed assets, net | 33,000 | 294,000 | 62,000 | −395,000 | −199,000 | |
| Other | 3 | 3 | 3 | 4 | 2 | |
| Total non-interest expense | 43 | 42 | 40 | 42 | 41 | |
| Income before provision for income taxes | 17 | 17 | 19 | 24 | — | |
| Provision for income taxes | 3 | 4 | 6 | 6 | 8 | |
| Net income attributable to common stockholders | 14 | 14 | 13 | 18 | 21 | |
| Basic earnings (USD per share) | 1.46 | 1.34 | 1.25 | 1.69 | 1.98 | |
| Diluted earnings (USD per share) | 1.46 | 1.34 | 1.25 | 1.69 | 1.98 | |
| Cash dividends paid (USD per share) | 0.36 | 0.32 | 0.29 | 0.26 | 0.23 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 119 | 50 | 37 | 35 | 48 | |
| "Available-for-sale (""AFS"") securities, at fair value (amortized cost of $151,618, net of allowance for credit losses of $0 at December 31, 2025 and amortized cost of $165,604, net of allowance for credit losses of $0 at December 31, 2024)" | 134 | 143 | 156 | 166 | — | |
| "Held-to-maturity (""HTM"") securities, at amortized cost (fair value of net of $64,117, net of allowance for credit losses of $0 at December 31, 2025 and fair value of $65,622, net of allowance for credit losses of $0 at December 31, 2024)" | 80 | 86 | 91 | 96 | — | |
| Equity investments | 6 | 5 | 3 | 2 | 1 | |
| Other investments | 13 | 13 | 16 | 16 | 15 | |
| Loans receivable | 1,340 | 1,369 | 1,461 | 1,412 | — | |
| Allowance for credit losses | −22 | −21 | −23 | −18 | — | |
| Loans receivable, net | 1,318 | 1,348 | 1,438 | 1,394 | — | |
| Loans held for sale | 5 | 1 | 6 | 0 | 7 | |
| Mortgage servicing rights, net | 3 | 4 | 4 | 4 | 4 | |
| Office properties and equipment, net | 16 | 17 | 18 | 20 | 21 | |
| Accrued interest receivable | 6 | 6 | 5 | 5 | 4 | |
| Intangible assets | 395,000 | 979,000 | 2 | 2 | 4 | |
| Goodwill | 31 | 31 | 31 | 31 | 31 | |
| Foreclosed and repossessed assets, net | 857,000 | 915,000 | 2 | 1 | 1 | |
| "Bank owned life insurance (""BOLI"")" | 27 | 26 | 26 | 25 | 24 | |
| Other assets | 22 | 17 | 16 | 17 | 9 | |
| TOTAL ASSETS | 1,782 | 1,749 | 1,851 | 1,816 | 1,740 | |
| Deposits | 1,524 | 1,488 | 1,519 | 1,425 | 1,388 | |
| "Federal Home Loan Bank (""FHLB"") advances" | 0 | 5 | 80 | 143 | 112 | |
| Other borrowings | 52 | 62 | 67 | 72 | 58 | |
| Other liabilities | 18 | 15 | 12 | 10 | 11 | |
| Total liabilities | 1,594 | 1,569 | 1,678 | 1,649 | 1,569 | |
| Commitments and contingent liabilities | — | — | — | — | — | |
| Common stock $0.01 par value, authorized 30,000,000; 9,617,245 and 9,981,996 shares issued and outstanding, respectively | 96,000 | 100,000 | 104,000 | 104,000 | 105,000 | |
| Additional paid-in capital | 110 | 115 | 119 | 119 | 120 | |
| Retained earnings | 90 | 81 | 71 | 65 | 51 | |
| Accumulated other comprehensive loss | −12 | −16 | −17 | −18 | 161,000 | |
| Total stockholders equity | 188 | 179 | 173 | 167 | 171 | |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | 1,782 | 1,749 | 1,851 | 1,816 | 1,740 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net accretion on debt securities | −64,000 | −78,000 | −64,000 | 41,000 | 103,000 | |
| Depreciation expense | 2 | 2 | 2 | 2 | 2 | |
| Provision (provision reversal) for credit losses | 2 | −3 | — | — | — | |
| Net (gains) losses on equity securities | −234,000 | 856,000 | −447,000 | −541,000 | −651,000 | |
| Increase in mortgage servicing rights resulting from transfers of financial assets | −452,000 | −332,000 | −218,000 | −323,000 | −1 | |
| Mortgage servicing rights amortization | 621,000 | 534,000 | 615,000 | 222,000 | 191,000 | |
| Stock based compensation expense | 146,000 | 631,000 | — | — | — | |
| (Increase) decrease in deferred income taxes | −1 | 380,000 | 202,000 | 506,000 | — | |
| Increase in cash surrender value of life insurance | −806,000 | −954,000 | −693,000 | −642,000 | −628,000 | |
| Net gains from disposals of foreclosed and repossessed assets | −15,000 | −19,000 | 62,000 | −395,000 | −199,000 | |
| Provision for valuation allowance on foreclosed properties | 48,000 | 313,000 | 0 | — | — | |
| Gain on sale of loans held for sale, net | −3 | −2 | −2 | −1 | −5 | |
| Proceeds from sale of loans held for sale | 84 | 60 | 47 | 47 | — | |
| Originations of loans held for sale | −85 | −54 | −51 | −39 | — | |
| Amortization of debt issuance costs | 203,000 | 224,000 | — | — | — | |
| Accrued interest receivable and other assets | −5 | −2 | 54,000 | 79,000 | 1 | |
| Other liabilities | 3 | 3 | 794,000 | −2 | −73,000 | |
| Total adjustments | −3 | 7 | 65,000 | 12 | 333,000 | |
| Net cash from operating activities | 12 | 20 | 13 | 29 | 22 | |
| Proceeds from Bank Owned Life Insurance (BOLI) death benefit | 0 | 499,000 | 0 | — | — | |
| Purchase of available-for-sale securities | −10 | 0 | −11 | −13 | −131 | |
| Proceeds from principal payments and maturities of available-for-sale securities | 15 | 15 | 17 | 26 | 32 | |
| Proceeds from calls of available-for-sale securities | 9 | 0 | — | — | — | |
| Proceeds from principal payments and maturities of held-to-maturity securities | 5 | 6 | 5 | 10 | 9 | |
| Equity investment capital distribution | 197,000 | 276,000 | 132,000 | 136,000 | 0 | |
| Purchase of equity investments | −1 | −450,000 | −1 | −300,000 | −960,000 | |
| Net sales of other investments | 93,000 | 520,000 | 284,000 | −290,000 | — | |
| Proceeds from sales of foreclosed and repossessed assets | 70,000 | 877,000 | 307,000 | 2 | 557,000 | |
| Proceeds from insurance claim on foreclosed and repossessed assets | 0 | 27,000 | — | — | — | |
| Net decrease in loans | 29 | 92 | −48 | −101 | −74 | |
| Net capital expenditures | −1 | −889,000 | −1 | −4 | −4 | |
| Proceeds from disposal of office properties and equipment | 0 | 13,000 | 12,000 | 14,000 | 38,000 | |
| Net cash from investing activities | 46 | 114 | −34 | −119 | −163 | |
| Change in short term in Federal Home Loan Bank advances, net | 0 | −44 | −68 | 0 | 0 | |
| Federal Home Loan Bank advance call payments | 0 | −10 | −15 | −55 | 0 | |
| Federal Home Loan Bank advance long-term maturities | −5 | −21 | — | — | — | |
| Proceeds from other borrowings, net of origination costs | 5 | 0 | 0 | 34 | 0 | |
| Other borrowings principal reductions | −15 | −6 | −5 | −6 | 0 | |
| Net increase (decrease) in deposits | 36 | −31 | 94 | 37 | 92 | |
| Repurchase shares of common stock | −6 | −6 | −421,000 | −2 | −8 | |
| Surrender of restricted shares of common stock | −190,000 | −119,000 | −129,000 | −150,000 | −30,000 | |
| Common stock options exercised | 179,000 | 22,000 | 28,000 | 71,000 | 52,000 | |
| Cash dividends paid | −4 | −3 | — | — | — | |
| Net cash from financing activities | 11 | −121 | 23 | 78 | 70 | |
| Net increase (decrease) in cash and cash equivalents | 69 | 13 | 2 | −12 | −72 | |
| Interest on deposits | 35 | 34 | 23 | 6 | 6 | |
| Interest on borrowings | 4 | 5 | 10 | 6 | 5 | |
| Income taxes | 2 | 2 | 4 | 5 | 7 | |
| Transfers from loans receivable to other real estate owned (OREO) | 0 | 274,000 | 158,000 | 92,000 | 84,000 |
Filings
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Frequently asked questions
What is Citizens Community Bancorp Inc.'s CIK number?
Citizens Community Bancorp Inc.'s SEC CIK number is 0001367859 (1367859). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Citizens Community Bancorp Inc.'s SEC filings?
All of Citizens Community Bancorp Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Citizens Community Bancorp Inc. last report earnings?
Citizens Community Bancorp Inc. (CZWI) most recently filed an earnings 8-K with the SEC on Apr 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001367859-26-000024). This is Citizens Community Bancorp Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Citizens Community Bancorp Inc.'s most recent earnings 8-K?
Citizens Community Bancorp Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 27, 2026 under accession 0001367859-26-000024. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Citizens Community Bancorp Inc.'s latest earnings 8-K →
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