Citizens Community Bancorp CZWI Provision for valuation allowance on foreclosed properties
Provision for valuation allowance on foreclosed properties at other companies
Other financials
Where this comes from
Reported directly by Citizens Community Bancorp in its filing.
Tagged under the XBRL concept czwi:ProvisionForValuationAllowanceOnForeclosedProperties.
The official record: Citizens Community Bancorp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Citizens Community Bancorp's provision for valuation allowance on foreclosed properties?
- Citizens Community Bancorp (CZWI) reported provision for valuation allowance on foreclosed properties of $0 in Q1 2026.
- How has Citizens Community Bancorp's provision for valuation allowance on foreclosed properties changed year-over-year?
- Citizens Community Bancorp's provision for valuation allowance on foreclosed properties increased by 100.0% year-over-year, from -$15K to $0.
- What does provision for valuation allowance on foreclosed properties mean?
- This represents the non-cash expense recorded to write down the carrying value of foreclosed properties to their estimated fair value, less costs to sell. It reflects the bank's recognition of potential losses on distressed assets that have been repossessed. An increasing provision suggests declining real estate market conditions or deterioration in the value of the bank's repossessed collateral.