secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS FINANCIAL SERVICES INC (CZFS)
CIK:        0000739421
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0000739421-26-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CZFS Q1 net income $10.4M (+36% YoY); EPS $2.16; NPAs surge to $40M (1.74% of loans)
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- Net income $10.4M vs $7.6M YoY; diluted EPS $2.16 vs $1.59.
- Net interest income before provision $26.1M, up 13.5% YoY; net interest margin 3.72%.
- Non-performing assets jumped to $40.1M (1.74% of loans) from $29.2M at Dec 31, driven by four commercial real estate loans.
- Deposits grew $64.2M to $2.44B, mostly from brokered deposits ($52.8M); loan-to-deposit ratio 94.14%.
- Quarterly dividend increased 2% to $0.50 per share, paid March 27, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/739421/000073942126000027/0000739421-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/739421/000073942126000027/firstqtrearnings2026.htm
  HTML page:      https://secwatch.observer/filing/0000739421-26-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer