Citizens community bancorp inc. (CZWI)
Income statement / Yearly
Dec'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Interest and dividend income:
Interest and fees on loans

54,647

35,539

25,826

23,407

21,641

22,612

23,201

25,579

27,761

29,610

27,007

Interest on investments

5,776

3,357

2,052

1,677

1,363

1,421

1,374

1,506

2,003

3,149

3,933

Total interest and dividend income

60,423

38,896

27,878

25,084

23,004

24,033

24,575

27,085

29,764

32,759

30,940

Interest expense:
Interest on deposits

12,174

5,543

4,299

4,200

3,808

3,615

4,791

5,362

7,055

8,384

10,158

Interest on FHLB borrowed funds

2,721

1,310

717

664

630

660

521

1,229

1,858

3,195

4,530

Interest on other borrowed funds

2,015

1,740

594

143

0

0

-

-

-

-

-

Total interest expense

16,910

8,593

5,610

5,007

4,438

4,275

5,312

6,591

8,913

11,579

14,688

Net interest income before provision for loan losses

43,513

30,303

22,268

20,077

18,566

19,758

19,263

20,494

20,851

21,180

16,252

Provision for loan losses

3,525

1,300

319

75

656

1,910

3,143

4,440

5,864

6,901

1,369

Net interest income after provision for loan losses

39,988

29,003

21,949

20,002

17,910

17,848

16,120

16,054

14,987

14,279

14,883

Non-interest income:
Service charges on deposit accounts

2,368

1,792

1,433

-

-

-

-

-

-

-

-

Portion of loss (gain) recognized in other comprehensive loss (income) (before tax)

-

-

-

-

-

-

-

-

-

-

5,266

Net gains on sale of available for sale securities

-

-

-

63

60

-168

552

243

659

-

-

Goodwill Impairment

-

-

-

-

-

-

-

-

-

5,593

-

Service charges on deposit accounts

-

-

-

1,627

1,715

1,964

1,820

1,529

1,512

1,514

1,361

Interchange income

1,735

1,284

789

-

-

-

-

-

-

-

-

Loan servicing income

2,674

1,379

380

-

-

-

-

-

-

-

-

Gain on sale of loans

2,462

943

686

-

-

-

-

-

-

-

-

Loan fees and service charges

1,145

521

438

-

-

-

-

-

-

-

-

Insurance commissions

-

-

-

-

-

-

-

-

-

216

-

Insurance commissions

-

-

-

-

-

-

-

-

-

-

-355

Loan fees and service charges

-

-

-

1,296

1,291

904

768

621

517

362

279

Insurance commission income

734

720

122

-

-

-

-

-

-

-

-

Settlement proceeds

-

-

283

-

-

-

-

-

-

-

-

Net gains on sale of available for sale securities

-

-

-

-

-

-

-245

-1,089

89

-2,261

-7,236

Total fair value adjustments and other-than-temporary impairment

-

-

-

-

-

-

1,412

-461

1,177

-

12,502

Total fair value adjustments and other-than-temporary impairment

-

-

-

-

-

-

-

-

-

-5,770

-

Gains (losses) on available for sale securities

271

-17

111

-

-

-

615

-1,793

607

3,509

-

Gain on sale of branch

2,295

0

-

-

-

-

-

-

-

-

-

Other

1,291

748

509

929

847

794

708

611

499

407

11

Total non-interest income

14,975

7,370

4,751

3,915

3,913

3,416

3,051

1,672

2,617

-

-5,230

Non-interest expense:
Total noninterest income

-

-

-

-

-

-

-

-

-

-5,355

-

Compensation and related benefits

20,325

14,979

10,862

9,866

8,667

9,070

9,068

8,502

8,348

7,797

7,263

Occupancy

3,697

2,975

2,780

2,826

2,872

2,631

2,493

2,453

2,546

2,553

2,203

Office

2,188

1,715

1,204

1,225

1,105

1,499

1,223

1,191

1,339

1,413

1,515

Data processing

3,938

2,928

2,052

1,802

1,590

1,531

1,657

1,499

960

704

396

Amortization of intangible assets

1,496

644

219

111

57

57

56

209

332

333

-

Servicing Asset at Amortized Cost, Amortization

1,108

335

39

0

-

-

-

-

-

-

-

Amortization of core deposit

-

-

-

-

-

-

-

-

-

-

333

Advertising, marketing and public relations

1,214

745

545

701

659

43

233

190

122

173

242

FDIC premium assessment

258

472

300

394

390

409

522

693

910

943

962

Professional services

2,457

2,323

2,078

1,368

887

-

707

1,187

1,354

1,160

728

Gain on repossessed assets, net

125

-535

-32

-

-

-

-

-

-

-

-

Other

6,130

2,113

2,767

1,765

1,176

2,003

1,530

1,435

1,363

1,894

1,283

Total non-interest expense

42,686

29,764

22,878

20,058

17,403

17,224

17,489

17,359

17,274

16,970

14,925

Income before provision for income tax

12,277

6,609

3,822

3,859

4,420

4,040

1,682

367

330

-8,046

-5,272

Provision for income taxes

2,814

2,326

1,323

1,286

1,614

1,531

635

161

137

-955

-2,089

Net income attributable to common stockholders

9,463

4,283

2,499

2,573

2,806

2,509

1,047

206

193

-7,091

-3,183

Per share information:
Basic earnings (in dollars per share)

0.85

0.72

0.47

0.49

0.54

0.49

0.20

0.04

0.04

-1.39

-0.59

Diluted earnings (in dollars per share)

0.85

0.58

0.46

0.49

0.54

0.48

0.20

0.04

0.04

-1.39

-0.59

Cash dividends paid (in dollars per share)

0.20

0.20

0.16

0.12

0.08

0.04

0.02

0.00

0.00

0.00

0.20