---
schema_version: "secwatch.filing_event.v1"
accession: "0001367859-23-000082"
form_type: "8-K"
ticker: "CZWI"
cik: "0001367859"
company_name: "Citizens Community Bancorp Inc."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T15:55:11.186039+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CZWI Q1 EPS $0.35 vs $0.45 prior quarter; net interest margin falls to 3.02%

## Summary
- Net income $3.7M ($0.35 diluted) vs $4.7M ($0.45) in Q4 2022 and Q1 2022.
- Net interest income $12.8M, down $1.7M from Q4 2022; net interest margin 3.02% vs 3.40%.
- Provision for credit losses $0.05M vs $0.70M in Q4 2022; CECL adoption added $4.7M to ACL.
- Nonperforming assets 0.63% of total assets ($11.7M), down from 0.70% ($12.7M) at Dec 31.
- Uninsured/uncollateralized deposits 18% of total; on-balance liquidity covers 205% of those.

## SEC filing metadata
- accession: 0001367859-23-000082
- form_type: 8-K
- ticker: CZWI
- cik: 0001367859
- company_name: Citizens Community Bancorp Inc.
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000082/0001367859-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000082/czwi-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001367859-23-000082
- JSON: https://secwatch.observer/filing/0001367859-23-000082.json
- Plain text: https://secwatch.observer/filing/0001367859-23-000082.txt

## Key facts
- Earnings Releases
  Citizens Community Bancorp Inc. reported the quarter ended March 31, 2023 results: net income $3.7 million, EPS $0.35 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $3.7 million
  - EPS: $0.35 per diluted share
  - Result: reported results
  source text: today reported earnings of $3.7 million and earnings per diluted share of $0.35 for the quarter ended March 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000082/0001367859-23-000082-index.htm

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