CITIZENS FINANCIAL SERVICES INC (CZFS)
CITIZENS FINANCIAL SERVICES INC (CZFS)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 10,376 | 10,483 | 10,005 | 16,084 |
| Realized gains on sale of braavo | NaN | 0 | 0 | 0 |
| Provision for credit losses | 500 | 500 | 500 | 1,375 |
| Depreciation and amortization | 470 | 690 | 493 | 921 |
| Amortization and accretion of loans, other assets and borrowings | 884 | 1,119 | 1,000 | 1,691 |
| Amortization and accretion of investment securities | -71 | -71 | -117 | -430 |
| Deferred income taxes | -187 | 250 | -76 | 623 |
| Equity securities (gains) losses, net | 19 | 11 | 35 | 21 |
| Available for sale security (gains) losses, net | NaN | 0 | NaN | NaN |
| Earnings on bank owned life insurance | 570 | 369 | 363 | 701 |
| Stock awards | NaN | 625 | NaN | NaN |
| Vesting of restricted stock | -296 | NaN | 53 | 243 |
| Originations of loans held for sale | 25,287 | 36,155 | 44,319 | 73,045 |
| Proceeds from sales of loans held for sale | 29,046 | 40,817 | 47,022 | 68,109 |
| Realized gains on loans sold | 265 | 570 | 709 | 1,011 |
| Increase in accrued interest receivable | 243 | -714 | 809 | 296 |
| Loss on sale of foreclosed assets held for sale | NaN | NaN | 9 | NaN |
| Increase (decrease) in accrued interest payable | 618 | -624 | 1,013 | -1,952 |
| Other, net | 4,392 | 1,715 | -9,008 | 7,861 |
| Net cash provided by operating activities | 18,018 | 16,730 | 2,875 | 16,929 |
| Proceeds from sale of equity securities | NaN | 0 | 0 | 0 |
| Proceeds from sales of available-for-sale securities | NaN | 0 | NaN | NaN |
| Proceeds from sale of braavo assets | NaN | 0 | 0 | 0 |
| Purchase of interest bearing time deposits | NaN | 0 | 0 | 0 |
| Proceeds from maturity and principal repayments | 19,793 | 23,657 | 21,663 | 33,486 |
| Proceeds from matured interest bearing time deposits with other banks | NaN | 0 | 0 | 0 |
| Purchase of securities | 26,236 | 14,002 | 33,122 | 35,282 |
| Proceeds from life insurance | 0 | 0 | 0 | 272 |
| Purchase of bank owned life insurance | 22,000 | NaN | NaN | NaN |
| Proceeds from redemption of regulatory stock | 12,886 | 9,514 | 7,727 | 16,397 |
| Purchase of regulatory stock | 7,424 | 11,569 | 7,144 | 17,146 |
| Net decrease (increase) in loans | -53,047 | 14,095 | 92,523 | -73,137 |
| Purchase of premises and equipment | 125 | 71 | 145 | 1,080 |
| Investments in low income housing partnerships | NaN | 0 | NaN | NaN |
| Proceeds from sale of premises and equipment | 0 | -1 | 1 | 12 |
| Acquisition, net of cash paid | NaN | 0 | NaN | NaN |
| Proceeds from sale of foreclosed assets held for sale | 0 | 68 | 0 | 170 |
| Net cash provided by (used in) investing activities | 29,941 | -6,499 | -103,543 | 69,966 |
| Net increase (decrease) in deposits | 64,206 | -34,224 | 118,541 | -89,366 |
| Proceeds from long-term borrowings | NaN | 0 | NaN | NaN |
| Repayments of long-term borrowings | NaN | 5,000 | 27,000 | 10,000 |
| Net (decrease) increase in short-term borrowed funds | -110,807 | 34,763 | -6,818 | 24,760 |
| Purchase of treasury and restricted stock | 158 | -15 | 77 | 296 |
| Purchase of restricted stock | NaN | 187 | NaN | NaN |
| Sale of treasury stock | NaN | 0 | NaN | NaN |
| Sale of stock for espp | NaN | NaN | 16 | 32 |
| Issuance of common stock for espp | 16 | 68 | NaN | NaN |
| Dividends paid | 2,402 | 2,402 | 2,403 | 4,743 |
| Net cash used in financing activities | -49,145 | -7,015 | 82,259 | -79,613 |
| Net (decrease) in cash and cash equivalents | -1,186 | 3,216 | -18,409 | 7,282 |
| Cash and cash equivalents at beginning of period | 34,291 | 31,075 | 42,202 | NaN |
| Cash and cash equivalents at end of period | 33,105 | 34,291 | 31,075 | NaN |