Citizens Community Bancorp, Inc. (CZWI) reported a slight year-over-year decline in nine-month net income to $10.1M (Diluted EPS \(1.02), though Q3 performance was stronger, yielding \)3.68M in net income (\(0.37 EPS). Net Interest Income (NII) improved to \)38.1M due to a significant reduction in funding costs (Interest Expense fell sharply).
Credit Quality Deterioration: The major shift is in provisioning; the company recorded a $1.75M provision for credit losses YTD (compared to a \(2.73M benefit last year). Nonaccrual Loans rose to **\)15.6M**, driven partly by a **$9M multi-family
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