Welcome to our dedicated page for CITIZENS FINANCIAL SERVICES SEC filings (Ticker: CZFS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Citizens Financial Services, Inc. filings document the public disclosures of a Pennsylvania banking company whose common stock trades on the Nasdaq Capital Market under CZFS. Its Form 8-K reports furnish unaudited results of operations and financial condition, investor presentations, Regulation FD materials, dividend and capital commentary, and other material corporate events tied to First Citizens Community Bank.
The company’s proxy and event filings also cover shareholder meeting matters, executive compensation, equity-based compensation plans, director and officer governance, and capital actions such as share repurchase authorization. These records describe the company’s bank holding-company structure, common stock, consolidated operating disclosures, and formal governance approvals.
CITIZENS FINANCIAL SERVICES INC (CZFS) director Joseph R. Landy reported a bona fide gift of 20 shares of common stock on September 8, 2026. The shares were transferred at no stated value per share, and he now holds 28,021.4652 shares of the company’s common stock directly.
CITIZENS FINANCIAL SERVICES INC (CZFS) had an insider purchase reported by Senior Vice President Stephen J. Guillaume. On 2026-08-31, he purchased 24 shares of common stock in an open market or private transaction at $76.32 per share, bringing his directly held position to 5,093.5722 shares.
Citizens Financial Services, Inc., parent of First Citizens Community Bank, reported higher profitability for the quarter and six months ended June 30, 2026. Net income for the quarter was $10,187,000 versus $8,463,000 a year earlier, and six‑month net income was $20,563,000 versus $16,084,000. Net interest income rose as total interest and dividend income increased while interest expense on deposits and borrowings declined. Non‑interest income also improved, helped by higher earnings on bank owned life insurance and equity securities, while non‑interest expenses grew more modestly, leading to higher pre‑tax earnings.
Total assets reached 3,192,116 (in thousands), with net loans of 2,371,469 (in thousands), deposits of 2,394,537 (in thousands) and stockholders’ equity of 352,833 (in thousands) at June 30, 2026. The total allowance for credit losses increased to $25,000,000, reflecting updated economic forecasts and qualitative adjustments, including impacts from higher fuel and fertilizer prices linked to the Iran conflict. Asset quality weakened, as total non‑performing loans increased to $41,007,000, though many collateral‑dependent loans were supported by underlying collateral values. Operating cash flow remained positive, while significant securities purchases, bank owned life insurance investments and loan growth were largely funded through higher borrowings and modest deposit growth.
Citizens Financial Services Inc. director John P. II Painter purchased 160.0000 shares of COMMON CLASS stock on August 5, 2026 at 80.5200 per share in a Purchase in open market or private transaction, increasing his direct holdings to 3,920.7975 shares. The purchase was not reported as made under a Rule 10b5-1 trading plan.
Citizens Financial Services, Inc. reported stronger results for the three and six months ended June 30, 2026. Net income was $10.2 million for the quarter and $20.6 million for the first six months, up from $8.5 million and $16.1 million a year earlier, with basic EPS rising to $2.12 and $4.29.
Performance ratios improved: annualized return on assets reached 1.32% for the quarter and 1.33% year‑to‑date, return on equity was 11.64% and 11.84%, and the tax‑equivalent net interest margin increased to 3.67% for the quarter and 3.69% for the first half. Net interest income before the provision for credit losses for the six months rose 11.1% to $51.8 million as the yield on interest‑earning assets and the cost of interest‑bearing liabilities produced a wider spread. Non‑interest income grew to $7.7 million, helped by higher earnings on bank owned life insurance following a $22.0 million purchase in early 2026.
Credit quality weakened. Non‑performing assets increased to $43.4 million, or 1.81% of loans, from $29.2 million at year‑end, largely due to several commercial real estate and construction relationships placed on non‑accrual, while the allowance for credit losses on loans rose to $23.6 million, or 0.98% of loans. The loan‑to‑deposit ratio reached 100.02% as loans and securities expanded, partly funded by an $84.6 million increase in borrowed funds. Stockholders’ equity increased to $352.8 million, and the quarterly dividend was raised 4.0% to $0.51 per share.
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of CITIZENS FINANCIAL SERVICES INC. BlackRock reports beneficial ownership of 338,529 shares, representing 7.0% of the outstanding common stock.
BlackRock has sole voting power over 333,434 shares and sole dispositive power over 338,529 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends and sale proceeds, but no single client holds more than five percent of the company’s outstanding common shares.
RICHARDS DAVID Z JR reported acquisition or exercise transactions in this Form 4 filing.
Citizens Financial Services Inc. Executive Vice President and director David Z. Richards Jr. received a grant of 343 shares of common stock on July 22, 2026, as a stock award under the 2026 Equity Incentive Plan. Following this grant, he directly holds 1,851 common shares.
CITIZENS FINANCIAL SERVICES INC director R. Joseph Landy reported a small gift of shares. On this Form 4, he transferred 20.0000 shares of COMMON CLASS stock as a bona fide gift at a stated price of $0.0000 per share, and directly held 28,041.4652 shares afterward.
CITIZENS FINANCIAL SERVICES INC executive vice president LeeAnn Gephart reported an open-market sale of company stock. She sold 15 shares of COMMON CLASS stock at a price of $71.52 per share. After this transaction, she directly holds 946 shares of the company’s common stock.
BLACK RANDALL E reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC reported that CEO and President Randall E. Black received a grant of 563 shares of COMMON CLASS stock at a price of $0.0000 per share. Following this award, his direct holdings total 46,486.6304 shares. The filing also notes 316 shares of COMMON CLASS stock held indirectly through his spouse.