CZWI Q1 EPS $0.45, net income $4.7M down QoQ and YoY; issues $35M sub debt

Citizens Community Bancorp Inc.

2022-Q1 EPS reported $0.45

Diluted EPS $0.45 vs $0.58 Q4'21 and $0.50 Q1'21; net income $4.7M vs $6.1M and $5.5M.
Net interest margin 3.25% vs 3.50% Q4'21; NIM ex-PPP and purchase accretion 3.11%.
Issued $35M sub debt (non-callable 5yr, SOFR+3.29%); injected $15M into bank; refinanced $28.9M senior debt.
Loans decreased $20.8M to $1.29B due to payoffs; pipeline accelerating for growth.
No loan loss provision; allowance 1.30% of loans; nonperforming assets $13.6M (0.77% of assets).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.