CITIZENS FINANCIAL SERVICES INC
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
CZFS$84.87-1.4%Stored close · as of Nov 6, 2026
Contents
Item 1. Consolidated Balance Sheet as of September 30, 2026 and December 31, 2025
| (in thousands except share data) | September 30, 2026 | December 31, 2025 |
|---|---|---|
| ASSETS: | ||
| Cash and due from banks: | ||
| Noninterest-bearing | $18,187 | $23,933 |
| Interest-bearing | 9,171 | 10,358 |
| Total cash and cash equivalents | 27,358 | 34,291 |
| Interest bearing time deposits with other banks | 3,076 | 3,820 |
| Equity securities | 2,951 | 1,815 |
| Available-for-sale securities | 477,571 | 444,741 |
| Loans held for sale - Residential Mortgages | 12,559 | 9,393 |
| Loans held for sale - Student Loans | 245,283 | 79,351 |
| Loans (net of allowance for credit losses: 2026 $23,786 and 2025, $22,806) | 2,363,910 | 2,248,465 |
| Premises and equipment | 20,569 | 20,998 |
| Accrued interest receivable | 13,183 | 10,698 |
| Goodwill | 85,758 | 85,758 |
| Bank owned life insurance | 75,130 | 51,501 |
| Other intangibles | 1,812 | 2,221 |
| Derivative assets | 8,259 | 6,927 |
| Deferred tax asset | 14,525 | 11,440 |
| Other assets | 61,095 | 53,145 |
| TOTAL ASSETS | $3,413,039 | $3,064,564 |
| LIABILITIES: | ||
| Deposits: | ||
| Noninterest-bearing | $509,898 | $516,657 |
| Interest-bearing | 1,999,480 | 1,860,322 |
| Total deposits | 2,509,378 | 2,376,979 |
| Borrowed funds | 512,489 | 309,448 |
| Accrued interest payable | 3,571 | 3,130 |
| Derivative liabilities | 5,493 | 4,100 |
| Other liabilities | 30,821 | 32,856 |
| TOTAL LIABILITIES | 3,061,752 | 2,726,513 |
| STOCKHOLDERS’ EQUITY: | ||
| Preferred Stock | ||
| $1.00 par value; authorized 3,000,000 shares at September 30, 2026 and December 31, 2025; none issued in 2026 or 2025 | - | - |
| Common stock | ||
| $1.00 par value; authorized 25,000,000 shares at September 30, 2026 and December 31, 2025,issued 5,264,708 at September 30, 2026 and 5,255,807 at December 31, 2025 | 5,265 | 5,256 |
| Additional paid-in capital | 148,511 | 147,965 |
| Retained earnings | 238,801 | 213,623 |
| Accumulated other comprehensive loss | (24,524) | (12,377) |
| Treasury stock, at cost: 454,023 shares at September 30, 2026 and 448,727 shares at December 31, 2025 | (16,766) | (16,416) |
| TOTAL STOCKHOLDERS’ EQUITY | 351,287 | 338,051 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $3,413,039 | $3,064,564 |
Index
CONSOLIDATED STATEMENT OF INCOME
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