RALEIGH, N.C., May 29, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Middle Market Banking business provided $31.5 million in financing to national fashion retailer Jaclyn LLC for the purchase of a newly constructed industrial warehouse and distribution center in Southern California. The warehouse comprises more than 233,000 square feet and will serve as the new West Coast shipping and distribution center for Jaclyn and its affiliated companies of the Golden Touch Group, providers of mer ...

NEW YORK, May 28, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Commercial Real Estate business served as sole lender on a $74 million senior secured loan to Lonicera Partners on a 23-story, class A multifamily building in Downtown Brooklyn, New York. Located at 310 Livingston Street, the building features 160 luxury apartment units and over 8,600 square feet of ground floor retail and premier amenity space. "We're pleased to partner with First Citizens Commercial Real Estate on this fin ...

u or Life of HARLA HISTOR HBARL ungla Holly TCHEVAL The No. "D. BOL PROPER NBART "24","2" SCHOOL THE CASE f 1 NGCOL Hide # and and on and and and and sitox Citizens Community Bancorp, Inc. (NASDAQ:CZWI), incorporated in 2004 and headquartered in Eau Claire, Wisconsin, provides banking services to businesses, consumers, and agricultural operators in Wisconsin and Minnesota. While the current dividend yield may seem unattractive for many investors these days, a closer look reveals that this is a dividend grow ...

Capital Standards Under those guidelines, assets and off-balance sheet items are assigned to broad risk categories, each with appropriate weights. The resulting capital ratios represent capital as a percentage of total risk-weighted assets and off-balance sheet items. Under the current risk-based capital adequacy guidelines, we are required to maintain (1) a ratio of common equity Tier 1 capital ("CET1") to total risk-weighted assets of not less than 4.5%; (2) a minimum leverage capital ratio of 4%; (3) a m ...

PHILADELPHIA, Miss.--(BUSINESS WIRE)--Citizens Holding Company (the “Company”) (OTCQX:CIZN) announced today results of operations for the three and twelve months ended December 31, 2023. (in thousands, except share and per share data) Net loss for the three months ended December 31, 2023 was ($794), or ($0.14) per share-basic and diluted, a linked-quarter decrease of ($2,001), or (165.78%) from net income of $1,207, or $0.22 per share-basic and diluted, for the three months ended September 30, 2023. Net ...

PHILADELPHIA, Miss.--(BUSINESS WIRE)--Citizens Holding Company (the “Company”) (OTCQX:CIZN), the holding company for The Citizens Bank of Philadelphia (the “Bank”), today announced it has executed an agreement for sale-leaseback of 3 of its currently owned properties. The properties will be sold for an aggregate cash purchase price of approximately $11 million. The Company expects to realize a pre-tax gain of approximately $4.5 million (after transaction-related expenses). The transaction closed on January ...

净利润及利息收入 - 截至2023年9月30日，公民控股公司的净利润为1,207,000美元，较去年同期的2,580,000美元有所下降[10] - 公民控股公司的总利息收入为12,819,000美元，较去年同期的10,122,000美元增长了26.6%[10] 综合损益和现金流 - 公民控股公司的综合损益为4,932,000美元，较去年同期的8,017,000美元下降了38.6%[11] - 公民控股公司的经营活动产生的净现金流为4,386,000美元，较去年同期的10,864,000美元减少了59.7%[12] 财务报表和会计准则 - 公民控股公司的中期财务报表是根据美国通用会计准则编制的，未包含所有GAAP所需的信息和注释[16] - 公民控股公司的财务报表包括其全资子公司的账户，所有重要的公司间交易已在合并中予以消除[17] - 公民控股公司采用了FASB发布的会计准则，对信用损失进行了估计和计量[22] - 公民控股公司在2023年1月1日采用了FASB ASU 2016-13，并进行了相关调整，对资产负债表和股东权益产生了影响[23] 证券投资和信用风险 - 公司持有的可供出售证券和持有至到期日证券的总额分别为233,179千美元和392,133千美元[34][35] - 公司在2023年第三季度没有识别任何可供出售证券存在信用损失触发，因此没有进行贴现现金流分析，也没有识别任何信用损失[46] - 公司认为对于某些类别的证券，预期信用损失为零是合适的，这些类别包括美国国债和美国政府机构的债券[40][48] - 公司在2023年第三季度持有至到期日证券的潜在信用损失暴露为92,907千美元，主要包括市政债券[49] - 公司持有至到期日证券的信用质量每季度通过信用评级进行监控，根据Moody's Investor Services的评级，公司的市政债券主要分为Aaa、Aa1至Aa3和未评级三类[51] - 公司在2023年第三季度没有任何逾期30天或更长时间的持有至到期日证券，也没有任何被分类为不应计利息的持有至到期日证券[50] - 2023年9月30日，公司持有的可供出售和持有至到期投资中，未记录ACL的总未实现损失为49,644美元[52] - 2023年9月30日，到期合同期限内的证券的摊销成本和估计公允价值分别为233,179美元和183,535美元[53] 贷款情况 - 公司的贷款组合中，房地产贷款占比最大，总额为472,857美元，商业贷款为97,004美元，消费者贷款为15,730美元[doc id='81'] - 公司在2023年9月30日，公司的净贷款持有量为580,848千美元[54] - 公司持有的经修改的贷款总额为2,641千美元，主要包括利率让步[62] - 公司内部对贷款进行风险评级，分为1到9级，其中1级为最低风险，9级为损失级别[doc id='67'] 利率风险管理 - 公司采用衍生工具和套期交易活动来管理利率风险暴露[14] - 公司采用公允价值套期保值来减轻未来利率风险[15] - 公司使用利率互换协议来管理固定利率投资组合的利率风险[96] - 利率互换协议的名义金额为66,600美元，公允价值为641美元[97] 信用损失准备金 - 公司在2023年第三季度录得了针对信用损失的105美元准备金，相比之下，2022年第三季度录得了53美元的信用损失准备金[92] - 公司的信用损失准备金模型主要考虑国家失业率、经济衰退风险、国内生产总值（GDP）和商业地产（CRE）价格波动[92] - 公司在2023年第三季度录得了针对离账表信贷风险的230美元准备金，为2023年前九个月录得了234美元的准备金[94] - 公司的信用损失准备金模型主要考虑国家失业率、经济衰退风险、GDP和CRE价格波动[94] 股东权益和金融工具 - 公司股东权益在2023年9月30日为34,345千美元，较2022年12月31日的32,637千美元有所增长[98] - 公司持有的金融工具在2023年9月30日的公允价值为184,176千美元，其中包括衍生工具和可供出售证券[101] - 公司在2023年9月30日持有的贷款个别评估的减值准备为2,483千美元，属于非经常性公允价值测量[106]

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☑ Emerging growth company ☐ Smaller Reporting Company ☑ The interim consolidated financial statements of the Company include the accounts of its wholly owned subsidiary, The Citizens Bank of Philadelphia. All significant intercompany transactions have been eliminated in consolidation. The Company is a party to lawsuits and other claims that arise in the ordinary course of business, all of which are being vigorously contested. In the regular ...

FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Mississippi 64-0666512 (State or other jurisdiction of Company or organization) (IRS Employer Identification No.) | --- | --- | --- | |---------------------------------------|---------------------|-----------------------------------------------------| | Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | | Common Stock, $0.20 par value | CIZN | NASDAQ Global Market | Large a ...

竞争对手和市场竞争 - 公司面临着来自各种不同竞争对手的激烈竞争，其中许多对手规模更大，可能拥有更多的财务资源[40] - 公司的竞争成功取决于多个因素，包括：建立、维护和发展基于高质量服务、高道德标准和安全、健全资产的长期客户关系的能力[42] 运营风险 - 公司面临着各种运营风险，包括员工欺诈或盗窃的风险，这可能会对我们的业务和运营结果产生不利影响[43] - 公司可能需要支付更高的FDIC保险费用，对未来收益可能产生重大不利影响[46] - 公司的信息系统可能会遭遇中断或安全漏洞，可能导致声誉受损、客户流失、额外监管审查或财务责任[52] 股价波动和投资风险 - 公司的普通股交易量较其他较大银行控股公司较低，大额股票销售或预期可能导致股价波动[57] - 公司的股价可能会出现波动，这可能会导致股东在想要出售股票时遇到困难[62] - 股价波动可能受多种因素影响，包括季度业绩的实际或预期变化、证券分析师的推荐、其他公司的运营和股价表现、市场对公司或竞争对手的看法、竞争对手使用的新技术或提供的新服务、公司或竞争对手进行的重大收购或业务组合、未能整合收购或实现预期收益、政府法规变化以及影响金融市场整体的波动[62] 气候变化风险 - 气候变化和社会对气候变化的反应可能会对公司的业务和运营结果产生不利影响，间接影响到其客户[64]