secwatch.observer — SEC 8-K summary
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Issuer:     Citizens Community Bancorp Inc. (CZWI)
CIK:        0001367859
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001367859-24-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Community Bancorp Q1 EPS $0.39 vs $0.35 YoY; NPAs down 31%
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- Net income $4.1M ($0.39 diluted) up from $3.7M ($0.35) a year ago.
- Nonperforming assets fell 31% to $10.6M; criticized loans down 25% to $28.5M.
- Negative provision for credit losses of $800K due to improved credit quality.
- Deposits grew $8.4M to $1.53B; FHLB advances reduced $40M.
- Repurchased 50K shares at $11.95/share; TCE ratio 7.83%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1367859/000136785924000058/0001367859-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1367859/000136785924000058/czwi-20240429.htm
  HTML page:      https://secwatch.observer/filing/0001367859-24-000058

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