Citizens Community Bancorp Q2 FY26 net income drops 66.67% to $1.1 million
CZWI•Asset quality weakened
Nonperforming assets climbed to $32.43 million at June 30, 2026 from $16.71 million at Dec. 31, 2025, led by new nonaccrual loan additions.
Credit costs increased
Provision for credit losses more than doubled to $4.33 million from $1.35 million, driven by higher specific reserves on nonaccrual loans and $1.4 million of charge-offs.
Quarterly earnings decline
Citizens Community Bancorp posted Q2 net income of $1.1 million, down from $3.3 million a year earlier; diluted EPS fell to $0.11 from $0.33.
Revenue and expense trends
Net interest income rose to $13.5 million from $13.3 million, as lower deposit costs offset weaker loan interest income tied to prior-year payoffs.
Non-interest income slipped to from on lower loan-sale gains; non-interest expense edged down to from .
