secwatch.observer — SEC 8-K summary
======================================

Issuer:     Citizens Community Bancorp Inc. (CZWI)
CIK:        0001367859
Form:       8-K
Filed at:   2022-10-24T23:59:59+00:00
Accession:  0001367859-22-000143
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CZWI Q3 EPS $0.38 vs $0.41 prior qtr; net interest income up, loan growth 2.2%
------------------------------------------------------------------------------

- EPS of $0.38 diluted, net income $4.0M; down from $0.41/$4.4M prior quarter and $0.47/$5.0M year ago.
- Net interest income $14.5M, up $0.2M linked Q; core NIM (ex-PPP/accretion) 3.33% vs 3.29%.
- Loan growth 2.2% from prior quarter; allowance 1.25% of total loans.
- Redeemed $15M sub debt (6.75% coupon) in Aug; announced closure of 3 branches in Q4 2022.
- Book value $15.59, tangible book $12.32; repurchased ~53k shares in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1367859/000136785922000143/0001367859-22-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1367859/000136785922000143/czwi-20221024.htm
  HTML page:      https://secwatch.observer/filing/0001367859-22-000143

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