---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-264518"
form_type: "8-K"
ticker: "CIVB"
cik: "0000944745"
company_name: "CIVISTA BANCSHARES, INC."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:34:18.923659+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Civista Q3 net income $10.4M ($0.66 EPS); exits tax refund business

## Summary
- Net income $10.4M ($0.66 diluted EPS) vs $11.1M ($0.72) a year ago; YTD net income up 22% to $33.3M ($2.12).
- Loans grew $118.6M (18% annualized); net interest margin fell to 3.69% from 4.03% YoY on higher funding costs.
- Stepping away from income tax refund processing program for 2024; program generated $2.4M annual income with minimal direct costs.
- Cost of deposits 129 bps; total funding cost 172 bps; net interest income up 3.5% to $31.5M.
- Repurchased 84,230 shares for $1.5M YTD; $12.0M remaining under $13.5M authorization.

## SEC filing metadata
- accession: 0001193125-23-264518
- form_type: 8-K
- ticker: CIVB
- cik: 0000944745
- company_name: CIVISTA BANCSHARES, INC.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944745/000119312523264518/0001193125-23-264518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944745/000119312523264518/d576026d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-264518
- JSON: https://secwatch.observer/filing/0001193125-23-264518.json
- Plain text: https://secwatch.observer/filing/0001193125-23-264518.txt

## Key facts
- Earnings Releases
  CIVISTA BANCSHARES, INC. reported preliminary financial results for three and nine-month periods ended September 30, 2023.
  - Period: three and nine-month periods ended September 30, 2023
  - Result: preliminary results
  source text: On October 27, 2023, Civista Bancshares, Inc. announced preliminary unaudited earnings for the three and nine-month periods ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/944745/000119312523264518/0001193125-23-264518-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.