secwatch.observer — SEC 8-K summary
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Issuer:     Citizens Community Bancorp Inc. (CZWI)
CIK:        0001367859
Form:       8-K
Filed at:   2022-01-31T23:59:59+00:00
Accession:  0001367859-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CZWI Q4 EPS $0.58 (+81% YoY), record annual earnings $21.3M; dividend raised 13% to $0.26
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- Q4 2021 net income $6.1M ($0.58 diluted EPS) vs $3.6M ($0.32) YoY; FY21 net income $21.3M ($1.98) vs $12.7M ($1.14) – record annual earnings.
- Total loans excl. PPP grew $83.4M (6.8%) in Q4; net interest margin improved to 3.50% from 3.34% in Q3 2021.
- Board declared annual dividend of $0.26/share (13% increase), payable Feb 28, 2022 to holders of record Feb 14, 2022.
- No loan loss provision recorded for Q4 2021; ALL to total loans 1.29% vs 1.35% at Sep 30, 2021.
- Nonperforming assets $13.2M (0.76% of assets) vs $12.1M (0.69%) prior quarter; increase due to branch OREO transfer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1367859/000136785922000017/0001367859-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1367859/000136785922000017/czwi-20220131.htm
  HTML page:      https://secwatch.observer/filing/0001367859-22-000017

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