Citizens Community Bancorp, Inc. (CZWI)

CZWI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	79.74	73.58	61.64	58.17	59.76
Interest Income on Investments	9.88	10.67	7.76	5.86	4.76
Total Interest Income	89.62	84.25	69.4	64.04	64.53
Interest Paid on Deposits	37.99	25.75	6.43	5.85	10
Interest Paid on Borrowings	5.16	10.15	6.6	4.52	4.27
Total Interest Expense	43.14	35.9	13.03	10.37	14.27
Net Interest Income	46.47	48.35	56.37	53.67	50.26
Net Interest Income Growth (YoY)	-3.88%	-14.23%	5.03%	6.79%	15.49%
Gain (Loss) on Sale of Assets	-	-	-	-	0.43
Gain (Loss) on Sale of Investments	-0.86	0.46	0.54	1.22	0.11
Other Non-Interest Income	6.64	6.15	6.4	7.48	9.38
Total Non-Interest Income	9.92	10.25	10.43	15.82	18.45
Non-Interest Income Growth (YoY)	-3.19%	-1.73%	-34.09%	-14.22%	23.19%
Revenues Before Loan Losses	56.4	58.6	66.8	69.49	68.7
Provision for Loan Losses	-3.18	-0.48	1.48	-	7.75
Revenue	59.57	59.07	65.32	69.49	60.95
Revenue Growth (YoY)	0.84%	-9.57%	-6.00%	14.01%	10.90%
Salaries and Employee Benefits	22.74	20.38	21.27	21.92	21.71
Occupancy Expenses	-	-	-	4.72	5.52
Federal Deposit Insurance	0.8	0.81	0.47	0.55	0.58
Amortization of Goodwill & Intangibles	1.25	1.37	2.24	3.24	2.92
Selling, General & Administrative	14.25	14.36	14.53	9.5	8.46
Other Non-Interest Expense	2.98	3.15	4.2	2.26	2.82
Total Non-Interest Expense	42.31	40.14	42.31	41.98	41.75
EBT Excluding Unusual Items	17.27	18.93	23.02	27.51	19.2
Asset Writedown	-	-	0.57	1.45	-1.76
Pretax Income	17.45	18.93	23.58	28.96	17.28
Income Tax Expense	3.7	5.87	5.82	7.69	4.56
Net Income	13.75	13.06	17.76	21.27	12.73
Net Income to Common	13.75	13.06	17.76	21.27	12.73
Net Income Growth	5.30%	-26.47%	-16.48%	67.12%	34.47%
Basic Shares Outstanding	10	10	11	11	11
Diluted Shares Outstanding	10	10	11	11	11
Shares Change (YoY)	-1.98%	-0.42%	-1.99%	-3.90%	0.37%
EPS (Basic)	1.34	1.25	1.69	1.98	1.14
EPS (Diluted)	1.34	1.25	1.69	1.98	1.14
EPS Growth	7.42%	-26.19%	-14.65%	73.68%	34.12%
Dividend Per Share	0.320	0.290	0.260	0.230	0.210
Dividend Growth	10.34%	11.54%	13.04%	9.52%	5.00%
Effective Tax Rate	21.20%	31.02%	24.68%	26.57%	26.36%

Source: S&P Capital IQ. Banks template. Financial Sources.