The bank maintains a conservative capital structure with an equity-to-assets ratio of 0.10, while simultaneously shifting toward a defensive liquidity posture with cash holdings reaching $149.2 million in 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 | Sep'06 | Sep'05 | Sep'04 | Sep'03 |
|---|
| Cash & Short Term Investments | 693.2M | 187.64M | 123.05M | 110.62M | 35.61M | 49.34M | 123.19M | 240.7M | 199.96M | 145.71M | 102.33M | 105.63M | 73.87M | 99.28M | 90.37M | 41.31M | 72.44M | 45.65M | 24.04M | 8.13M | 5.83M | 10.71M | 4.77M | 3.07M |
| Cash & Due from Banks | 149.2M | 118.85M | 50.17M | 37.14M | 35.61M | 49.2M | 123.19M | 60.58M | 53.24M | 49.83M | 21.19M | 18.47M | 11.68M | 19.59M | 23.26M | 41.31M | 72.44M | 45.65M | 24.04M | 8.13M | 5.83M | 10.71M | 4.77M | 3.07M |
| Short Term Investments | 0 | 68.79M | 72.87M | 73.48M | 0 | 140K | 0 | 180.12M | 146.72M | 95.88M | 81.14M | 87.16M | 62.19M | 79.69M | 67.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 1.57B | 1.55B | 1.59B | 1.7B | 1.66B | 1.59B | 1.43B | 1.37B | 1.15B | 838.01M | 635.72M | 546.72M | 540.35M | 517.68M | 489.15M | 471.19M | 493.8M | 496.76M | 430.29M | 380.96M | 267.28M | 220.02M | 152.38M | 123.11M |
| Investments Growth % | -16.03% | -2.5% | -6.54% | 2.18% | 4.33% | 11.57% | 4.04% | 19.26% | 37.2% | 31.82% | 16.28% | 1.18% | 4.38% | 5.83% | 3.81% | -4.58% | -0.6% | 15.45% | 12.95% | 42.53% | 21.48% | 44.39% | 23.77% | - |
| Long-Term Investments | 5.93B | 1.48B | 1.51B | 1.62B | 1.66B | 1.59B | 1.43B | 1.19B | 1B | 742.13M | 554.59M | 459.56M | 478.16M | 437.98M | 422.04M | 471.19M | 493.8M | 496.76M | 430.29M | 380.96M | 267.28M | 220.02M | 152.38M | 123.11M |
| Accounts Receivables | 0 | 6.13M | 5.65M | 5.41M | 5.29M | 3.92M | 5.65M | 4.74M | 4.31M | 3.29M | 2.07M | 1.59M | 1.48M | 1.47M | 1.57M | 1.51M | 1.98M | 2.18M | 1.73M | 1.48M | 945K | 612.64K | 466K | 397.06K |
| Goodwill & Intangibles | 31.78M | 35.39M | 36.14M | 37.06M | 38.21M | 39.56M | 40.24M | 43.37M | 43.46M | 17.78M | 5.49M | 90K | 161K | 218K | 274K | 483K | 816K | 6.74M | 7.07M | 6.92M | 7.22M | 612.64K | 466.4K | 397.06K |
| Goodwill | 31.5M | 31.5M | 31.5M | 31.5M | 31.5M | 31.5M | 31.5M | 31.5M | 31.47M | 10.44M | 4.66M | 0 | 0 | 0 | 0 | 0 | 0 | 5.59M | 5.59M | 5.47M | 7.14M | 0 | 0 | 0 |
| Intangible Assets | 282K | 3.89M | 4.64M | 5.56M | 6.71M | 8.06M | 8.75M | 11.87M | 11.99M | 7.33M | 829K | 90K | 161K | 218K | 274K | 483K | 816K | 1.15M | 1.48M | 1.45M | 75K | 612.64K | 466.4K | 397.06K |
| PP&E (Net) | 17.13M | 16.36M | 17.07M | 18.37M | 20.49M | 21.17M | 21.16M | 21.11M | 13.51M | 9.64M | 5.17M | 2.8M | 3.73M | 4.83M | 5.53M | 6.7M | 7.22M | 8.03M | 5.92M | 3.37M | 3.7M | 2.92M | 2.2M | 2.34M |
| Other Assets | 46.42M | 58.94M | 53.74M | 56.78M | 56.27M | 34.22M | 32.3M | 30.28M | 23.69M | 22.11M | 16.77M | 12.1M | 12.42M | 10.73M | 10.39M | 15.38M | 18.12M | 16.05M | 10.99M | 8.56M | 4.89M | 3.85M | 1.82M | 1.32M |
| Total Current Assets | 155.03M | 193.77M | 128.7M | 116.03M | 40.9M | 53.26M | 128.84M | 245.44M | 204.27M | 149M | 104.4M | 107.22M | 75.35M | 100.75M | 91.94M | 42.81M | 74.42M | 47.83M | 25.76M | 9.61M | 6.77M | 11.32M | 5.23M | 3.47M |
| Total Non-Current Assets | 1.67B | 1.59B | 1.62B | 1.74B | 1.78B | 1.69B | 1.52B | 1.29B | 1.08B | 791.66M | 582.02M | 474.55M | 494.47M | 453.77M | 438.24M | 493.74M | 519.95M | 527.58M | 454.27M | 399.82M | 283.09M | 234.38M | 156.75M | 126.93M |
| Total Assets | 1.82B | 1.78B | 1.75B | 1.85B | 1.82B | 1.74B | 1.65B | 1.53B | 1.29B | 940.66M | 686.41M | 581.77M | 569.82M | 554.52M | 530.18M | 536.56M | 594.37M | 575.41M | 480.04M | 409.43M | 289.86M | 245.71M | 161.98M | 130.4M |
| Asset Growth % | -3.42% | 1.9% | -5.56% | 1.93% | 4.41% | 5.49% | 7.7% | 18.87% | 36.95% | 37.04% | 17.99% | 2.1% | 2.76% | 4.59% | -1.19% | -9.73% | 3.29% | 19.87% | 17.25% | 41.25% | 17.97% | 51.69% | 24.22% | - |
| Return on Assets (ROA) | 0.85% | 0.82% | 0.76% | 0.71% | 1% | 1.26% | 0.8% | 0.67% | 0.45% | 0.31% | 0.41% | 0.49% | 0.32% | 0.19% | 0.04% | 0.03% | -1.21% | -0.6% | 0.33% | 0.21% | 0.17% | 0.52% | 0.57% | 0.46% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 52.58M | 51.8M | 66.61M | 147M | 214.94M | 169.95M | 181.83M | 174.53M | 134.46M | 120.32M | 70.29M | 117.78M | 117.78M | 100M | 98.5M | 30.4M | 64.2M | 106.81M | 110.25M | 96.45M | 61.2M | 36.2M | 13.5M | 3.7M |
| Net Debt | -96.63M | -67.05M | 16.43M | 109.86M | 179.33M | 120.75M | 58.63M | 113.95M | 81.22M | 70.49M | 59.5M | 90.92M | 106.1M | 80.41M | 75.24M | -10.91M | -8.24M | 61.16M | 86.21M | 89.72M | 54.07M | 25.49M | 8.73M | 625.98K |
| Long-Term Debt | 51.84M | 51.8M | 61.61M | 67.47M | 72.41M | 58.43M | 58.33M | 43.56M | 24.65M | 30.32M | 11M | 58.89M | 58.89M | 50M | 49.25M | 30.4M | 64.2M | 106.81M | 110.25M | 96.45M | 61.2M | 0 | 0 | 3.7M |
| Short-Term Debt | 341K | 0 | 5M | 79.53M | 142.53M | 111.53M | 123.5M | 130.97M | 109.81M | 90M | 59.29M | 58.89M | 58.89M | 50M | 49.25M | 0 | 0 | 0 | 0 | 0 | 0 | 36.2M | 13.5M | 0 |
| Other Liabilities | 1.58B | 17.91M | 14.68M | 11.97M | 9.64M | 11.27M | 11.45M | 10.46M | 7.76M | 4.36M | 3.35M | -55.38M | -55.03M | -47.06M | -45.48M | 4.3M | 3.99M | 3.92M | 4.07M | 3.78M | 6M | 2.48M | 898K | 746.08K |
| Total Current Liabilities | 341K | 1.52B | 1.49B | 1.6B | 1.57B | 1.5B | 1.42B | 1.33B | 1.12B | 832.5M | 616.97M | 515.19M | 508.66M | 497.4M | 471.31M | 448.97M | 476.3M | 409.31M | 297.24M | 207.73M | 186.71M | 213.67M | 141.48M | 114.96M |
| Total Non-Current Liabilities | 1.63B | 69.72M | 76.29M | 79.44M | 82.05M | 69.7M | 69.78M | 54.02M | 32.41M | 34.68M | 14.35M | 3.51M | 3.86M | 2.94M | 3.77M | 34.7M | 68.19M | 110.73M | 114.32M | 100.23M | 67.2M | 2.48M | 898K | 4.45M |
| Total Liabilities | 1.63B | 1.59B | 1.57B | 1.68B | 1.65B | 1.57B | 1.49B | 1.38B | 1.15B | 867.18M | 622.59M | 520.53M | 512.52M | 500.34M | 475.08M | 483.67M | 544.49M | 520.04M | 411.56M | 333.66M | 212.27M | 216.15M | 142.37M | 119.41M |
| Total Equity | 190.87M | 187.94M | 179.08M | 173.33M | 167.09M | 170.87M | 160.56M | 150.55M | 138.19M | 73.48M | 63.83M | 61.24M | 57.29M | 54.19M | 55.1M | 52.89M | 49.88M | 55.37M | 68.48M | 75.77M | 77.59M | 29.55M | 19.61M | 10.99M |
| Equity Growth % | 18.87% | 4.94% | 3.32% | 3.74% | -2.21% | 6.42% | 6.65% | 8.95% | 88.05% | 15.13% | 4.23% | 6.88% | 5.74% | -1.67% | 4.19% | 6.04% | -9.91% | -19.15% | -9.63% | -2.35% | 162.55% | 50.74% | 78.38% | - |
| Equity / Assets (Capital Ratio) | 10.47% | 10.55% | 10.24% | 9.36% | 9.2% | 9.82% | 9.74% | 9.83% | 10.73% | 7.81% | 9.3% | 10.53% | 10.05% | 9.77% | 10.39% | 9.86% | 8.39% | 9.62% | 14.26% | 18.51% | 26.77% | 12.03% | 12.1% | 8.43% |
| Return on Equity (ROE) | 8% | 7.86% | 7.8% | 7.67% | 10.51% | 12.83% | 8.18% | 6.55% | 4.77% | 3.64% | 4.11% | 4.73% | 3.2% | 1.92% | 0.38% | 0.38% | -13.48% | -5.14% | 2.04% | 0.97% | 0.83% | 4.28% | 5.47% | 5.44% |
| Book Value per Share | 19.82 | 19.36 | 17.55 | 16.56 | 15.89 | 15.93 | 14.38 | 13.54 | 12.41 | 13.66 | 12.09 | 11.71 | 10.93 | 10.35 | 10.73 | 10.34 | 9.74 | 10.32 | 11.00 | 11.22 | 17.65 | 6.72 | 4.46 | 3.61 |
| Tangible BV per Share | 16.52 | 15.72 | 14.01 | 13.02 | 12.26 | 12.24 | 10.78 | 9.64 | 8.51 | 10.36 | 11.05 | 11.70 | 10.89 | 10.31 | 10.68 | 10.24 | 9.58 | 9.06 | 9.86 | 10.19 | 16.01 | 6.58 | 4.35 | 3.48 |
| Common Stock | 96K | 96K | 100K | 104K | 104K | 105K | 111K | 113K | 109K | 59K | 53K | 52K | 52K | 51K | 51K | 51K | 51K | 55K | 62K | 68K | 71K | 37K | 30K | 0 |
| Additional Paid-in Capital | 110.28M | 110.31M | 114.56M | 119.44M | 119.24M | 119.92M | 126.15M | 128.86M | 125.51M | 63.38M | 54.98M | 54.74M | 54.26M | 54.12M | 53.97M | 53.93M | 53.82M | 56.88M | 62.19M | 67.16M | 69.83M | 18.78M | 9.03M | 0 |
| Retained Earnings | 92.74M | 90M | 80.84M | 71.12M | 65.4M | 50.67M | 32.81M | 22.52M | 15.26M | 10.76M | 10.05M | 7.11M | 4.05M | 2.47M | 1.53M | 1.32M | 1.13M | 8.22M | 12.55M | 12.52M | 12.63M | 12.54M | 11.68M | 10.99M |
| Accumulated OCI | -12.24M | -12.47M | -16.42M | -17.33M | -17.66M | 161K | 1.49M | -471K | -1.84M | -267K | -1.05M | -404K | -842K | -2.29M | -352K | -2.42M | -5.13M | -6.72M | -2.91M | -3.98M | -4.94M | -1.41M | -1.13M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -394K | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Agricultural credit cycle exposure
As reported in recent financial statements, CZWI's total assets have remained largely flat at $1.8 billion since 2026Q1, suggesting that the bank is prioritizing balance sheet preservation over aggressive loan book expansion in the current regional economic environment of the Upper Midwest.
The lack of meaningful asset growth indicates a cautious management posture, likely reflecting a strategic choice to avoid riskier lending in a period of margin compression. Investors should monitor whether this stagnation is a temporary defensive measure or a sign of limited organic growth opportunities within the bank's core Wisconsin markets.
Based on the latest quarterly data, cash and equivalents have surged to $149.2 million in 2026Q1, representing a significant increase from the $36.6 million reported in 2024Q3, which suggests a deliberate shift toward a highly liquid, risk-averse balance sheet configuration.
This accumulation of cash provides a substantial buffer against potential deposit volatility but acts as a drag on overall return on equity. The bank appears to be positioning itself for potential credit stress, sacrificing immediate yield for the flexibility to navigate future economic downturns in the agricultural sector.
According to recent SEC filings, the equity-to-assets ratio has remained stable at approximately 0.10, indicating that CZWI maintains a conservative capital base that provides a solid foundation for absorbing potential losses within its specialized agricultural and commercial loan portfolios.
While this capital level is adequate for regulatory purposes, the low leverage ratio may limit the bank's ability to drive significant ROE expansion without a corresponding improvement in asset yields. The current capital structure appears designed to withstand cyclical volatility rather than to maximize short-term shareholder returns.
As evidenced by the $1.6 billion investment securities portfolio, which constitutes the vast majority of total assets, CZWI faces significant interest rate sensitivity that may not be fully captured by the bank's reported net interest margin of 0.7%.
The heavy reliance on investment securities rather than a traditional loan-heavy balance sheet suggests a potential duration mismatch that could impair book value if interest rates remain elevated for an extended period. Investors should investigate the composition of this portfolio to determine the extent of unrealized losses that may be lurking off the income statement.
Quick answers to the most common questions about buying CZWI stock.
As of 2025, Citizens Community Bancorp, Inc. (CZWI) had total assets of $1.78B including $193.8M in current assets.
Citizens Community Bancorp, Inc. (CZWI) carries total debt of $51.8M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Citizens Community Bancorp, Inc. (CZWI) has total shareholders' equity (book value) of $187.9M ($19.36 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Citizens Community Bancorp, Inc. (CZWI) reported a current ratio of 0.13x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.