---
schema_version: "secwatch.filing_event.v1"
accession: "0001367859-23-000135"
form_type: "8-K"
ticker: "CZWI"
cik: "0001367859"
company_name: "Citizens Community Bancorp Inc."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:45:47.841132+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CZWI Q3 EPS $0.24, vs $0.31 Q2 and $0.38 year ago; NIM expands, NPAs fall

## Summary
- Net income $2.5M, diluted EPS $0.24; adjusted EPS (ex tax change) $0.36.
- Net interest margin expanded to 2.76% (ex-purchase accretion) from 2.69% Q2.
- Nonperforming assets fell to $15.5M from $17.4M Q2; negative provision of $0.3M.
- Wisconsin tax law change caused $1.8M one-time charge; future effective tax rate ~21%.
- Gross loans up $22.6M to $1.45B; deposits grew $8.6M to $1.47B.

## SEC filing metadata
- accession: 0001367859-23-000135
- form_type: 8-K
- ticker: CZWI
- cik: 0001367859
- company_name: Citizens Community Bancorp Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1367859/000136785923000135/0001367859-23-000135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000135/czwi-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001367859-23-000135
- JSON: https://secwatch.observer/filing/0001367859-23-000135.json
- Plain text: https://secwatch.observer/filing/0001367859-23-000135.txt

## Key facts
- Earnings Releases
  Citizens Community Bancorp Inc. reported the quarter ended September 30, 2023 results: net income $2.5 million, EPS $0.24 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Net income: $2.5 million
  - EPS: $0.24 per diluted share
  - Result: reported results
  source text: On October 24, 2023, Citizens Community Bancorp, Inc. (the “Company”) issued a press release announcing our financial results for the three and nine months ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000135/0001367859-23-000135-index.htm
- Earnings Releases
  Citizens Community Bancorp Inc. reported the nine months ended September 30, 2023 results: net income $9.4 million, EPS $0.89 per diluted share.
  - Period: the nine months ended September 30, 2023
  - Net income: $9.4 million
  - EPS: $0.89 per diluted share
  - Result: reported results
  source text: On October 24, 2023, Citizens Community Bancorp, Inc. (the “Company”) issued a press release announcing our financial results for the three and nine months ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1367859/000136785923000135/0001367859-23-000135-index.htm

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