secwatch.observer — SEC 8-K summary
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Issuer:     CIVISTA BANCSHARES, INC. (CIVB)
CIK:        0000944745
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001193125-23-196916
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Civista Q2 net income $10M ($0.64 EPS), up 30% YoY; NIM 3.86%
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- Net income $10.0M ($0.64 diluted EPS) vs $7.7M ($0.53) in Q2 2022.
- Net interest income rose 29.1% to $31.3M; net interest margin 3.86% up 43 bps.
- Loans grew $89.6M (+3.5%) since Dec 2022; deposits up $322.8M (+12.3%).
- Noninterest income $9.1M (+62.4%) largely from lease revenue after VFG acquisition.
- Dividend $0.15 per share; no share repurchases in 2023; $13.5M authorization remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944745/000119312523196916/0001193125-23-196916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944745/000119312523196916/d474590d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-196916

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