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 (symbol: CZFS) is the issuer of record for a Form 4 filing submitted to the SEC. Chappell Robert W reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC (CZFS) reported that director Robert W. Chappell received a grant of 70 shares of its common stock on September 15, 2026. The award was made under the Citizens Financial Services, Inc. 2026 Equity Incentive Plan, bringing his directly held shares to 13,106.0437.
CITIZENS FINANCIAL SERVICES INC (symbol: CZFS) is the issuer of record for a Form 4 filing submitted to the SEC. OSBORNE TERRY B reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC (CZFS) reported that director Terry B. Osborne received a grant of 70 shares of Common Class stock on September 15, 2026 as a stock award under the Citizens Financial Services, Inc. 2026 Equity Incentive Plan. The award was granted at $0.00 per share, and Osborne now holds 13,430 shares of the company’s common stock directly. No Rule 10b5-1 trading plan is reported for this award.
CITIZENS FINANCIAL SERVICES INC (symbol: CZFS) is the issuer of record for a Form 4 filing submitted to the SEC. JONES MICKEY L reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC (CZFS) reported that director Mickey L. Jones received a grant of 70 shares of its Common Class stock on September 15, 2026, as a stock award under the Citizens Financial Services, Inc. 2026 Equity Incentive Plan. Following this award, Jones holds 14,175 shares directly and 880 shares indirectly through a spouse.
CITIZENS FINANCIAL SERVICES INC (symbol: CZFS) is the issuer of record for a Form 4 filing submitted to the SEC. GRAHAM ROGER C JR reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC (CZFS) reported that director Roger C. Graham Jr. received a grant of 70 shares of its common stock on September 15, 2026 under the Citizens Financial Services, Inc. 2026 Equity Incentive Plan. After this stock award, he holds 69,964.3919 shares of common stock directly.
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.