secwatch.observer — SEC 8-K summary
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Issuer:     Citizens Community Bancorp Inc. (CZWI)
CIK:        0001367859
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001367859-24-000104
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Community Bancorp Q3 EPS $0.32, down from Q2 $0.35; NPAs rise to $17.1M
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- Q3 2024 net income $3.3M ($0.32 diluted), down from $3.7M ($0.35) in Q2 2024; up from $2.5M ($0.24) a year ago.
- Net interest margin 2.63% (down 9 bps QoQ); net interest income $11.3M, down $0.3M due to lower non-recurring interest income.
- Nonperforming assets increased to $17.1M from $10.3M, largely from one agricultural/forestry loan relationship.
- Repurchased 223k shares at $12.91 avg in Q3; 333k shares remain under buyback authorization.
- Tangible book value per share $14.64, up 16.1% from $12.61 a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1367859/000136785924000104/0001367859-24-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1367859/000136785924000104/czwi-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001367859-24-000104

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