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Citizens Financial Services, Inc. CZFS Off Balance Sheet Credit Loss Liability Provision For Credit Losses

Off Balance Sheet Credit Loss Liability Provision For Credit Losses at other companies

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Other financials

Income statement

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Revenue$29.8M+12.8%
Net income$10.4M+36.2%
EPS (diluted)$2.16+35.8%

Balance sheet

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Cash & equivalents$33.1M-10.0%
Total debt$198.7M-34.2%
Total equity$343.6M+11.4%
Total assets$3.0B+0.3%

Cash flow

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Operating cash flow$18.0M+64.6%
CapEx$125.0K-78.6%
Free cash flow$17.9M+72.7%

Valuation

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Market cap$341.1M+26.0%
Enterprise value$506.74M-5.4%
P/E8.7×-0.9×
P/S+0.3×

Profitability

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Net margin34%+6.2pp
FCF margin37%+8.8pp

Returns & leverage

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Return on equity12.1%+2.4pp
Debt / equity0.6×-0.4×

Where this comes from

Reported directly by Citizens Financial Services, Inc. in its filing.

Tagged under the XBRL concept czfs:OffBalanceSheetCreditLossLiabilityProvisionForCreditLosses.

The official record: Citizens Financial Services, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citizens Financial Services, Inc.'s off balance sheet credit loss liability provision for credit losses?
Citizens Financial Services, Inc. (CZFS) reported off balance sheet credit loss liability provision for credit losses of -$356K in Q1 2026.
How has Citizens Financial Services, Inc.'s off balance sheet credit loss liability provision for credit losses changed year-over-year?
Citizens Financial Services, Inc.'s off balance sheet credit loss liability provision for credit losses decreased by 309.2% year-over-year, from -$87K to -$356K.
What does off balance sheet credit loss liability provision for credit losses mean?
Reflects the expense recognized in the income statement to maintain an adequate reserve for potential losses on off-balance sheet credit exposures, such as unfunded loan commitments. This metric indicates the bank's forward-looking assessment of risk associated with its undrawn lending capacity. Changes in this provision reflect management's outlook on future credit conditions.