Citizens Financial Services Inc
firstcitizensbank.comWhat Do They Do?
Provides deposit accounts, loans, and trust services to individuals, businesses, and public or institutional customers.
10-K for FY2025, filed Mar 12, 2026The Bank is a full-service bank engaged in a broad range of banking activities and services for individual, business, governmental and…View ↗
How Do They Make Money?
Earns interest and dividends on loans and investments, plus fees from deposit accounts, transactions, and trust services. Deposit fees and trust fees are billed monthly; transaction fees apply when a requested service or transaction is completed.
10-K for FY2025, filed Mar 12, 2026Under ASC Topic 606, management determined that the primary sources of revenue emanating from interest and dividend income on loans and…View ↗
Service charges on deposit accounts – The Company has contracts with its deposit customers where fees are charged if certain parameters are…View ↗
Trust fees – Typical contracts for trust services are based on a fixed percentage of the assets earned ratably over a defined period and…View ↗
$9.9M
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10-K for FY2025, filed Mar 12, 2026
$9.9M ↗
Who Are Their Customers?
Its customers include individuals, businesses, governmental bodies, and institutions.
10-K for FY2025, filed Mar 12, 2026The Bank is a full-service bank engaged in a broad range of banking activities and services for individual, business, governmental and…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue and turned 357 cents into free cash flow.
How Are They Changing?
Growing. Revenue grew 28% in 4 years, from $7.7M in FY2021 to $9.9M in FY2025, about 6% a year.
Expanded service area
The latest report describes the bank serving southeastern Pennsylvania and Burlington County, New Jersey through Huntingdon Valley Bank; the older report described the merger as pending.
10-K for FY2022, filed Mar 9, 2023 10-K for FY2025, filed Mar 12, 2026On October 18, 2022, the Company and HV Bancorp, Inc. (“HVBC”), the holding company for Huntingdon Valley Bank (“HVB”),) entered into an…View ↗
Who Do They Compete With?
Competes with Freddie Mac, Fannie Mae, and Farm Credit
10-K for FY2025, filed Mar 12, 2026The banking industry in the Bank’s service areas is intensely competitive, with competitors including local community banks, larger…View ↗
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