Citizens Community Bancorp Inc 2025年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the quarterly period endedJune 30, 2025OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission file number001-33003 CITIZENS COMMUNITY BANCORP, INC. (Exact name of registrant as specified in its charter) 20-5120010(IRS EmployerIdentification Number) Maryland(State or other jurisdiction ofincorporation or organization) 2174 EastRidge CenterEau Claire,WI54701(Address and Zip Code of principal executive offices) 715-836-9994(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or anemerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act: If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ APPLICABLE ONLY TO CORPORATE ISSUERS Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:At August7, 2025 there were9,870,287shares of the registrant’s common stock, par value $0.01 per share, outstanding. CITIZENS COMMUNITY BANCORP, INC.FORM 10-QJune30, 2025INDEX Part I – FINANCIAL INFORMATIONItem 1.Financial StatementsConsolidated Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024Consolidated Statements of Operations (Unaudited) for the three and six months ended June 30, 2025 and2024Consolidated Statements of Comprehensive Income (Loss) (Unaudited) for the three and six months endedJune 30, 2025 and 2024Consolidated Statement of Changes in Stockholders’ Equity (Unaudited) for the six months ended June 30,2025 and the year ended December 31, 2024Consolidated Statements of Cash Flows (Unaudited) for the six months ended June 30, 2025 and 2024Condensed Notes to Consolidated Financial Statements (Unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures about Market RiskItem 4.Controls and ProceduresPart II – OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSIGNATURES CITIZENS COMMUNITY BANCORP, INC.Consolidated Balance SheetsJune30, 2025 (unaudited) and December31, 2024(derived from audited financial statements)(in thousands, except share data) CITIZENS COMMUNITY BANCORP, INC.Consolidated Statement of Changes in Stockholders’ Equity (unaudited)Six Months Ended June30, 2025(in thousands, except shares and per share data) CITIZENS COMMUNITY BANCORP, INC.Consolidated Statement of Changes in Stockholders’ Equity (unaudited)Twelve Months Ended December 31, 2024(in thousands, except shares and per share data) CITIZENS COMMUNITY BANCORP, INC.Consolidated Statements of Cash Flows (unaudited)Six Months Ended June30, 2025 and 2024(in thousands) CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Dollars in thousands, except share and per share data) (UNAUDITED) NOTE 1 –NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The consolidated financial statements of Citizens Community Federal N.A. (the “Bank”) included herein have been included by itsparent company, Citizens Community Bancorp, Inc. (the “Company”) pursuant to the rules and regulations of the Securities and ExchangeCommission (“SEC”) for interim financial statements. As used in this quarterly report, the terms “we”, “us”, “our”, and “CitizensCommunity Bancorp, Inc.” mean the Company and its wholly owned subsidiary, the Bank, unless the context indicates other meaning. The Bank is a national