Citizens community bancorp inc. (CZWI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
Interest and dividend income:
Interest and fees on loans

15,459

14,611

14,646

12,976

12,414

11,839

9,414

8,865

8,539

8,721

7,194

6,030

6,072

6,530

6,784

6,072

5,301

5,250

5,366

5,304

5,375

5,596

5,782

5,589

5,519

5,722

5,789

5,710

5,707

5,995

6,422

5,995

6,360

6,802

6,723

6,773

6,996

7,269

7,482

Interest on investments

1,449

1,535

1,577

1,360

1,304

1,208

948

905

813

691

576

591

467

418

410

402

441

424

365

317

317

364

324

381

355

361

345

263

391

375

443

375

347

341

357

431

525

690

781

Total interest and dividend income

16,908

16,146

16,223

14,336

13,718

13,047

10,362

9,770

9,352

9,412

7,770

6,621

6,539

6,948

7,194

6,474

5,742

5,674

5,731

5,621

5,692

5,960

6,106

5,970

5,874

6,083

6,134

5,973

6,098

6,370

6,865

6,370

6,707

7,143

7,080

7,204

7,521

7,959

8,263

Interest expense:
Interest on deposits

3,180

3,284

3,371

2,926

2,593

2,131

1,659

1,432

1,250

1,202

1,095

1,035

1,050

1,119

1,212

1,081

951

956

963

947

946

952

910

878

879

948

1,147

1,187

1,221

1,236

1,285

1,236

1,346

1,495

1,510

1,711

1,845

1,989

1,979

Interest on FHLB borrowed funds

508

508

639

913

661

482

323

412

314

261

217

164

163

173

168

167

164

165

154

148

161

167

174

168

163

155

129

111

108

173

398

173

328

330

364

433

454

607

771

Interest on other borrowed funds

549

579

620

414

402

394

440

446

432

422

286

107

102

99

96

47

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest expense

4,237

4,371

4,630

4,253

3,656

3,007

2,422

2,290

1,996

1,885

1,598

1,306

1,315

1,391

1,476

1,295

1,115

1,121

1,117

1,095

1,107

1,119

1,084

1,046

1,042

1,103

1,276

1,298

1,329

1,409

1,683

1,409

1,674

1,825

1,874

2,144

2,299

2,596

2,750

Net interest income before provision for loan losses

12,671

11,775

11,593

10,083

10,062

10,040

7,940

7,480

7,356

7,527

6,172

5,315

5,224

5,557

5,718

5,179

4,627

4,553

4,614

4,526

4,585

4,841

5,022

4,924

4,832

4,980

4,858

4,675

4,769

4,961

5,182

4,961

5,033

5,318

5,206

5,060

5,222

5,363

5,513

Provision for loan losses

2,000

1,400

575

325

1,225

950

450

650

100

100

319

0

0

0

0

0

0

75

121

150

150

235

375

455

480

600

728

750

765

900

900

900

1,100

1,540

1,250

1,364

1,650

1,600

1,331

Net interest income after provision for loan losses

10,671

10,375

11,018

9,758

8,837

9,090

7,490

6,830

7,256

7,427

5,853

5,315

5,224

5,557

5,718

5,179

4,627

4,478

4,493

4,376

4,435

4,606

4,647

4,469

4,352

4,380

4,130

3,925

4,004

4,061

4,282

4,061

3,933

3,778

3,956

3,696

3,572

3,763

4,182

Non-interest income:
Service charges on deposit accounts

560

612

625

581

550

619

489

413

430

460

-

325

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-566

1,410

722

Net gains on sale of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-19

-7

-142

0

0

-56

398

210

-47

210

-3

83

-

281

234

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

342

398

463

410

331

423

442

423

378

472

467

494

450

553

572

525

333

390

412

390

340

387

417

386

335

374

395

Interchange income

464

468

476

453

338

336

338

338

302

306

-

203

183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan servicing income

685

772

714

634

554

510

368

337

346

328

-

62

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of loans

780

902

679

573

308

388

234

226

189

294

-

206

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan fees and service charges

477

285

471

261

128

273

164

116

87

154

-

96

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance commissions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-25

-24

-

-39

Loan fees and service charges

-

-

-

-

-

-

-

-

-

-

-

-

40

533

410

302

263

321

368

276

292

355

327

223

137

217

152

159

163

294

92

294

115

120

144

70

68

235

60

Insurance commission income

279

161

197

192

184

162

180

187

187

166

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on investment securities

73

-

-

-

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement proceeds

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement proceeds

-

-

-

-

-

-

-

-

-

-

-

0

283

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sale of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

29

-

43

4

0

-

13

45

2

-

-7

-141

-79

-7

-182

27

-83

-413

-83

-3

-590

144

281

234

-570

-125

Total fair value adjustments and other-than-temporary impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

411

-333

413

-67

237

829

-4,041

829

-251

3,002

-111

-126

-566

1,980

847

Gains (losses) on available for sale securities

-

-

96

21

-

0

0

4

-21

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

412

-412

406

-193

-134

536

-4,407

536

-251

2,329

-

-126

-

-

-

Gain on sale of branch

-

-

0

2,295

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

285

464

363

228

236

238

216

146

155

231

25

99

102

283

253

258

212

206

214

219

209

205

212

211

186

185

189

187

173

159

169

159

150

133

134

138

119

108

4

Total non-interest income

3,603

3,784

3,621

5,238

2,332

2,526

1,989

1,767

1,675

1,939

1,391

991

1,126

1,243

1,142

1,013

810

950

1,024

931

924

1,034

987

921

632

876

906

689

696

760

260

760

602

50

790

900

780

147

373

Non-interest expense:
Compensation and related benefits

5,435

5,720

5,295

4,604

4,706

4,946

3,778

3,840

3,806

3,555

3,233

2,395

2,630

2,604

3,082

2,378

2,188

2,218

2,119

2,195

2,178

2,175

1,991

2,435

2,375

2,269

2,379

2,259

2,235

2,195

1,944

2,195

2,212

2,151

2,110

2,128

2,093

2,017

1,984

Occupancy

1,006

972

905

866

954

808

776

733

761

705

584

565

563

1,068

991

554

712

569

799

589

664

820

750

611

635

635

629

626

628

610

621

610

616

606

631

606

666

643

638

Office

543

539

599

528

522

464

468

417

426

438

307

304

312

281

361

350

262

252

280

317

252

256

397

442

279

381

144

350

432

297

317

297

303

274

320

311

334

374

363

Data processing

996

991

1,092

868

987

993

771

720

733

704

650

476

454

472

528

445

420

409

413

393

395

389

406

380

381

364

421

443

409

384

384

384

380

351

354

250

191

165

59

Amortization of intangible assets

412

411

412

346

327

325

161

161

161

162

100

38

38

43

45

31

21

14

14

15

14

14

15

14

14

14

13

15

14

14

29

14

83

83

-

84

-

-

-

Mortgage servicing rights expense

736

-

325

306

191

-

85

84

76

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Servicing Asset at Amortized Cost, Amortization

-

-

-

-

-

175

-

-

-

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of core deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

83

84

Advertising, marketing and public relations

239

240

315

456

203

226

265

185

146

149

302

75

105

63

245

174

145

137

249

126

186

98

-197

95

69

76

102

44

46

41

49

41

47

53

28

26

20

48

53

FDIC premium assessment

68

-60

78

146

94

144

121

94

115

142

69

79

69

83

139

86

84

85

84

98

104

104

96

104

104

105

104

66

177

175

175

175

163

180

88

279

273

270

225

Professional services

604

496

561

575

825

1,118

577

735

323

688

860

382

435

401

579

333

284

172

47

251

270

319

-

-155

213

218

247

233

-139

366

225

366

284

312

489

299

279

287

329

Gain on repossessed assets, net

68

-18

16

90

37

30

-71

-450

0

-13

-

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

760

815

3,409

784

1,122

625

571

455

556

497

1,722

316

351

378

759

453

294

259

127

374

358

317

303

572

409

719

542

323

355

310

294

310

333

498

373

310

270

410

539

Total non-interest expense

10,731

10,428

12,975

9,389

9,894

9,794

7,644

7,874

7,103

7,143

7,909

4,619

4,957

5,393

6,729

4,804

4,410

4,115

4,132

4,358

4,421

4,492

3,466

4,498

4,479

4,781

4,581

4,359

4,157

4,392

4,038

4,392

4,421

4,508

4,475

4,293

4,209

4,297

4,274

Income before provision for income tax

3,543

3,731

1,664

5,607

1,275

1,822

1,835

723

1,828

2,223

-665

1,687

1,393

1,407

131

1,388

1,027

1,313

1,385

949

938

1,148

2,168

892

505

475

455

255

543

429

504

429

114

-680

271

303

143

-387

281

Provision for income taxes

937

562

430

1,500

322

561

736

220

487

883

-207

604

459

467

-45

513

352

466

502

337

342

433

841

334

184

172

167

89

210

169

210

169

48

-266

95

127

63

-148

119

Net income attributable to common stockholders

2,606

3,169

1,234

4,107

953

1,261

1,099

503

1,341

1,340

-458

1,083

934

940

176

875

675

847

883

612

596

715

1,327

558

321

303

288

166

333

260

294

260

66

-414

176

176

80

-239

162

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

0.23

0.28

0.11

0.37

0.09

0.12

0.18

0.09

0.23

0.23

-0.10

0.21

0.18

0.18

0.04

0.16

0.13

0.16

0.17

0.12

0.11

0.14

0.26

0.11

0.06

0.06

0.06

0.03

0.06

0.05

0.06

0.05

0.01

-0.08

0.04

0.03

0.02

-0.05

0.03

Diluted earnings (in dollars per share)

0.23

0.28

0.11

0.37

0.09

0.12

0.10

0.08

0.23

0.23

-0.09

0.20

0.17

0.18

0.04

0.16

0.13

0.16

0.17

0.12

0.11

0.14

0.25

0.11

0.06

0.06

0.06

0.03

0.06

0.05

0.06

0.05

0.01

-0.08

0.04

0.03

0.02

-0.05

0.03

Cash dividends paid (in dollars per share)

0.21

0.00

0.00

0.00

0.20

0.00

0.00

0.00

0.20

0.00

0.00

0.00

0.16

0.00

0.00

0.00

0.12

0.00

0.00

0.00

0.08

0.00

0.00

0.00

0.04

0.00

0.00

0.00

0.02

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00