Citizens Community Bancorp Non-GAAP EPS of $0.35, revenue of $15.08M
- Citizens Community Bancorp press release (NASDAQ:CZWI): Q1 Non-GAAP EPS of $0.35.
- Revenue of $15.08M (-5.0% Y/Y).
- Nonperforming assets were $11.7 million at March 31, 2023, compared to $12.7 million at December 31, 2022.
- Substandard loans decreased by $1.9 million to $15.4 million at March 31, 2022, compared to $17.3 million at December 31, 2022.
- Uninsured and uncollateralized deposits were $252.7 million, or 18% of total deposits, at March 31, 2023 and $298.8 million, or 21% of total deposits, at December 31, 2022.
Total assets increased modestly by $44.3 million during the quarter to $1.86 billion at March 31, 2023, compared to $1.82 billion at December 31, 2022.
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Cash and cash equivalents increased $29.7 million during the quarter to $65.1 million at March 31, 2023, largely due to an increase in interest-bearing deposits of $20 million.