secwatch.observer — SEC 8-K summary
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Issuer:     Citizens Community Bancorp Inc. (CZWI)
CIK:        0001367859
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001367859-23-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CZWI Q4 EPS $0.45, annual dividend raised 12% to $0.29/share
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- Q4 net income $4.7M ($0.45 diluted EPS); FY22 net income $17.8M ($1.69 EPS) vs $21.3M ($1.98 EPS) prior year.
- Net interest margin (excl. purchase accretion) flat at 3.33% vs Q3; net interest income $14.5M.
- Originated loans grew $46.3M in Q4; net loan growth 2.6% linked-quarter to $1.412B.
- Board declared $0.29 annual dividend, a 12% increase; record Feb 3, payable Feb 17, 2023.
- Efficiency ratio improved to 61% from 64% QoQ; substandard loans dropped $2.9M to $17.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1367859/000136785923000034/0001367859-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1367859/000136785923000034/czwi-20230123.htm
  HTML page:      https://secwatch.observer/filing/0001367859-23-000034

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