{"schema_version":"secwatch.filing_event.v1","accession":"0000739421-24-000028","form_type":"8-K","ticker":"CZFS","cik":"0000739421","company_name":"CITIZENS FINANCIAL SERVICES INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.878913+00:00","generated_at":"2026-06-03T08:46:49.267834+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CZFS Q1 net income $7.0M (+2.3%), EPS $1.49 vs $1.71; NPA rise $4.8M YoY","bullets":["Net income $7.0M, up 2.3% YoY; basic EPS $1.49 vs $1.71 (impacted by share increase from HVB acquisition).","Net interest income $20.96M, up 15.9% YoY, driven by HVB acquisition; margin compressed to 3.05% from 3.30%.","Non-interest income $4.97M, up $2.8M, including $1.1M pre-tax gain on sale of Braavo assets.","Provision for credit losses $785K (vs $0 in Q1 2023) due to NPA increase; NPA $15.7M (0.70% of loans) vs $10.9M a year ago.","Dividend raised 2.1% to $0.49 per share; paid March 29, 2024 to holders of record March 15."],"urls":{"canonical":"https://secwatch.observer/filing/0000739421-24-000028","json":"https://secwatch.observer/filing/0000739421-24-000028.json","markdown":"https://secwatch.observer/filing/0000739421-24-000028.md","text":"https://secwatch.observer/filing/0000739421-24-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/739421/000073942124000028/0000739421-24-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/739421/000073942124000028/firstqtrearnings2024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:46:49.267834+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"83604b99212e370865264eb311703f4e3e11a902","claim":"CITIZENS FINANCIAL SERVICES INC reported first quarter 2024 results: net income $7,024,000, EPS $1.49.","evidence_excerpt":"Randall E. Black, Chief Executive Officer, recently announced the unaudited consolidated financial results for Citizens Financial Services, Inc. and susbisidaries for the first quarter 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/739421/000073942124000028/0000739421-24-000028-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Net income","value":"$7,024,000"},{"label":"EPS","value":"$1.49"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}