Citizens Community Bancorp, Inc. Announces Net-Charge Offs for the Fourth Quarter Ended December 31, 2019
January 27, 2020 at 07:00 pm IST
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Citizens Community Bancorp, Inc. announced net-charge offs for the fourth quarter ended December 31, 2019. Net charge offs were $257,000 for the quarter ended December 31, 2019, compared to $157,000 for the quarter ended September 30, 2019.
Citizens Community Bancorp, Inc. is a bank holding company for Citizens Community Federal N.A. (the Bank). The Bank is a federally chartered national bank serving customers in Wisconsin and Minnesota. Its primary markets include the Chippewa Valley Region in Wisconsin, the Twin Cities and Mankato markets in Minnesota, and various rural communities around these areas. The Bank offers traditional community banking services to businesses, agricultural operators and consumers, including one-to-four family residential mortgages. The Bank offers a variety of loan products including commercial real estate loans, commercial and industrial (C&I) loans, agricultural real estate loans, agricultural operating loans, residential mortgages, home equity lines-of-credit and consumer loans. It maintains a portfolio of investments, consisting primarily of mortgage-backed securities, asset-backed securities, United States Government sponsored agency securities and corporate debt securities.
CITIZENS COMMUNITY BANCORP, INC. 
