Schedule 13G/A: MIM (US) Reports 4.96% Stake in Citizens Community Bancorp

Rhea-AI Filing Summary

Manulife Investment Management (US) LLC reports beneficial ownership of 495,338 shares of Citizens Community Bancorp Inc. common stock, representing 4.96% of 9,988,997 shares outstanding per the issuer's public filing. Through its parent-subsidiary relationship, Manulife Financial Corporation may be deemed to beneficially own the same position, while the parent itself reports 0 shares held directly.

The Schedule 13G amendment discloses that MIM (US) holds sole voting and dispositive power over the 495,338 shares and the filers certify the holdings were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Positive

• Manulife Investment Management (US) LLC discloses a clear beneficial position of 495,338 shares representing 4.96% of the class.
• The filing includes an explicit certification that the shares are held in the ordinary course of business and not to influence control of the issuer.

Negative

• None.

Insights

Securities Analyst

TL;DR: MIM (US) holds a passive, sub-5% stake (4.96%), a disclosure-level position without stated control intent.

The filing shows 495,338 shares and a reported ownership percentage of 4.96% of 9,988,997 outstanding shares, placing the holding below the 5% threshold that typically triggers more intensive reporting or activist scrutiny. MIM (US) reports sole voting and dispositive power over the shares, while Manulife Financial Corporation is noted only as a parent that may be deemed to own the same shares through its subsidiary. The certification that the position is held in the ordinary course of business signals no declared intent to change issuer control, so the disclosure is informational rather than governance-changing.

Corporate Governance Expert

TL;DR: Ownership is material to disclose but does not indicate governance action; the filing reads as routine passive ownership.

The Schedule 13G amendment documents a sub-5% passive stake by an investment adviser entity, which is consistent with regulatory expectations for passive investors. The statement explicitly certifies the shares were not acquired to influence control, and no shared voting or dispositive powers are reported aside from MIM (US)'s sole powers. For governance implications, a 4.96% position typically affords visibility but does not, on its own, change control dynamics or require enhanced governance disclosures.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Citizens Community Bancorp Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

174903104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 174903104

1

Names of Reporting Persons

Manulife Financial Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 174903104

1

Names of Reporting Persons

Manulife Investment Management (US) LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 495,338.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 495,338.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

495,338.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.96 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Citizens Community Bancorp Inc.
(b)	Address of issuer's principal executive offices: 2174 Eastridge Center, Eau Claire, WI 54701
Item 2.
(a)	Name of person filing: This filing is made on behalf of Manulife Financial Corporation ("MFC") and MFC's indirect, wholly-owned subsidiary, Manulife Investment Management (US) LLC ("MIM (US)").
(b)	Address or principal business office or, if none, residence: The principal business office of MFC is located at 200 Bloor Street East, Toronto, Ontario, Canada, M4W 1E5. The principal business office of MIM (US) is located at 197 Clarendon Street, Boston, Massachusetts 02116.
(c)	Citizenship: MFC is organized and exist under the laws of Canada. MIM (US) is organized and exists under the laws of the State of Delaware.
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 174903104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: MIM (US) has beneficial ownership of 495,338 shares of Common Stock. Through its parent-subsidiary relationship to MIM (US), MFC may be deemed to have beneficial ownership of these same shares.
(b)	Percent of class: Of the 9,988,997 shares of Common Stock outstanding as of May 8, 2025, according to the Form 10-Q filed by the issuer with the Securities and Exchange Commission on May 8, 2025 MIM (US) held 4.96%.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Incorporated by reference to Item 5 of the cover page pertaining to each reporting person.
	(ii) Shared power to vote or to direct the vote: Incorporated by reference to Item 6 of the cover page pertaining to each reporting person.
	(iii) Sole power to dispose or to direct the disposition of: Incorporated by reference to Item 7 of the cover page pertaining to each reporting person.
	(iv) Shared power to dispose or to direct the disposition of: Incorporated by reference to Item 8 of the cover page pertaining to each reporting person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Items 3 and 4 above
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Manulife Financial Corporation

Signature:	/s/ Graham Miller
Name/Title:	Graham Miller / Agent*
Date:	08/06/2025

Manulife Investment Management (US) LLC

Signature:	/s/ Paul M. Donahue
Name/Title:	Paul Donahue / Chief Compliance Officer
Date:	08/08/2025

Comments accompanying signature: *Signed pursuant to a Power of Attorney dated January 17, 2018 included as Exhibit A to Schedule 13F- NT filed with the Securities andExchange Commission by Manulife Financial Corporation on January 29, 2018. The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties for whom copies are to be sent. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

Exhibit Information

EXHIBIT A - JOINT FILING AGREEMENT

FAQ

How many Citizens Community Bancorp (CZWI) shares does Manulife Investment Management (US) LLC beneficially own?

The filing reports 495,338 shares beneficially owned by Manulife Investment Management (US) LLC.

What percentage of CZWI does the 495,338 shares represent?

The shares represent 4.96% of the 9,988,997 shares outstanding reported in the filing.

Does Manulife Financial Corporation directly report ownership of CZWI shares?

Manulife Financial Corporation reports 0 shares directly but may be deemed to beneficially own the shares through its subsidiary relationship with MIM (US).

Does the filing indicate an intent to influence control of Citizens Community Bancorp (CZWI)?

No. The filing includes a certification stating the securities were acquired and are held in the ordinary course of business and not to influence control of the issuer.

What voting and dispositive powers are reported for the position?

Manulife Investment Management (US) LLC reports sole voting power and sole dispositive power for the 495,338 shares.