Citizens Financial Services, Inc. (CZFS)

CZFS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	36.79	42.2	52.82	26.21	172.83	68.71
Investment Securities	277.45	292.81	332.8	348.5	325.23	234.85
Trading Asset Securities	9.12	10.37	13.69	16.6	4.01	1.11
Mortgage-Backed Securities	158.81	146.58	99.35	100.58	100.76	76.25
Total Investments	445.38	449.76	445.84	465.67	430	312.21
Gross Loans	2,316	2,313	2,249	1,725	1,442	1,405
Allowance for Loan Losses	-22.08	-21.7	-21.15	-18.55	-17.3	-15.82
Net Loans	2,294	2,292	2,228	1,706	1,424	1,389
Property, Plant & Equipment	21.63	31.36	32.5	22.61	20.28	19.23
Goodwill	85.76	85.76	85.76	31.38	31.38	31.38
Other Intangible Assets	2	2.13	2.7	0.3	0.45	0.65
Loans Held for Sale	6.05	9.61	9.38	0.73	4.55	14.64
Accrued Interest Receivable	10.92	10.31	11.04	7.33	5.24	6
Long-Term Deferred Tax Assets	14.44	15.2	17.34	12.89	4.08	-
Other Real Estate Owned & Foreclosed	2.54	2.64	0.47	0.54	1.18	1.84
Other Long-Term Assets	97.25	70.69	74.8	48.67	46.35	42.97
Total Assets	3,016	3,026	2,975	2,333	2,144	1,892
Accrued Expenses	-	0.53	0.58	0.62	0.65	0.67
Interest Bearing Deposits	729.03	1,658	1,703	1,392	1,398	1,209
Institutional Deposits	1,130	191.02	94.81	56.29	79.61	75.87
Non-Interest Bearing Deposits	505.83	532.78	523.78	396.26	358.07	303.76
Total Deposits	2,365	2,382	2,321	1,844	1,836	1,589
Short-Term Borrowings	5.2	218.07	187.2	178.84	2.1	1.11
Current Portion of Long-Term Debt	-	58.69	76.04	60.78	54.1	69.11
Current Portion of Leases	-	1.78	-	-	-	-
Accrued Interest Payable	3.14	4.69	4.3	1.23	0.71	1.02
Long-Term Debt	302.03	26.78	26.43	17.39	9.88	0.01
Federal Home Loan Bank Debt, Long-Term	-	-	40.29	10	10	19.73
Long-Term Leases	-	8.32	11.19	5.02	3.27	2.3
Pension & Post-Retirement Benefits	0.52	2.65	3.51	3.37	3.21	2.76
Other Long-Term Liabilities	32.3	22.47	24.65	11.8	11.31	11.85
Total Liabilities	2,708	2,726	2,696	2,133	1,931	1,697
Common Stock	5.21	5.21	5.16	4.43	4.39	4.35
Additional Paid-In Capital	145.01	144.98	143.23	80.91	78.4	75.91
Retained Earnings	194.71	189.44	172.98	164.92	146.01	126.63
Treasury Stock	-16.39	-16.38	-16.79	-16.97	-16.15	-15.21
Comprehensive Income & Other	-20.24	-23.52	-24.91	-33.14	-0.16	2.59
Shareholders' Equity	308.3	299.73	279.67	200.15	212.49	194.26
Total Liabilities & Equity	3,016	3,026	2,975	2,333	2,144	1,892
Total Debt	307.22	313.63	341.15	272.02	79.34	92.26
Net Cash (Debt)	-257.5	-257.24	-270.57	-223.16	108.53	-8.68
Net Cash Per Share	-53.61	-53.56	-60.48	-54.48	26.44	-2.17
Filing Date Shares Outstanding	4.81	4.81	4.8	4.09	4.1	4.11
Total Common Shares Outstanding	4.81	4.81	4.8	4.09	4.1	4.12
Book Value Per Share	64.13	62.35	58.24	48.92	51.77	47.13
Tangible Book Value	220.53	211.85	191.21	168.47	180.66	162.24
Tangible Book Value Per Share	45.88	44.07	39.82	41.18	44.01	39.36

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q