czwi-20260126

EXHIBIT 99.1

Citizens Community Bancorp, Inc. Reports Fourth Quarter 2025 Earnings of $0.44 Per Share;

Board Approves Moving to Quarterly Dividend at $0.105 per share

EAU CLAIRE, WI, January 26, 2026 - Citizens Community Bancorp, Inc. (the “Company”) (Nasdaq: CZWI), the parent company of Citizens Community Federal N.A. (the “Bank” or “CCFBank”), today reported earnings of $4.3 million and earnings per diluted share of $0.44 for the fourth quarter ended December 31, 2025, compared to $3.7 million and earnings per diluted share of $0.37 for the third quarter ended September 30, 2025, and $2.7 million and $0.27 earnings per diluted share for the quarter ended December 31, 2024, respectively. For the twelve months ended December 31, 2025, the Company reported earnings of $14.4 million and earnings per diluted share of $1.46 compared to the prior year period of $13.8 million and earnings per diluted share of $1.34.

The Company’s improved fourth quarter 2025 operating results reflected the following changes from the third quarter of 2025: (1) loan growth of $17.3 million, or 1.3% and deposit growth of $43.5 million, or 2.9%; (2) a decrease in net interest income of $0.1 million, largely due to a decrease of $0.4 million in the recognition of interest income in the third quarter from loan payoffs; (3) lower provision for credit losses of $0.2 million compared to a $0.7 million provision in the third quarter; (4) lower non-interest income of $0.3 million; (5) lower non-interest expense of $0.4 million; (6) lower tax expense of $0.2 million due to a lower effective tax rate realized through purchased tax credits; and (7) fewer shares outstanding due to the repurchase of approximately 250,000 shares during the quarter.

Book value per share improved to $19.54 at December 31, 2025, compared to $18.95 at September 30, 2025, and $17.94 at December 31, 2024. Tangible book value per share (non-GAAP)1 was $16.23 at December 31, 2025, compared to $15.71 at September 30, 2025, and increased 10.5% from $14.69 at December 31, 2024, with dividends paid of 2.45% of the December 31, 2024 tangible book value. Since December 31, 2024, the Company has paid dividends to shareholders totaling $0.36 per share. For the fourth quarter of 2025, the increase in tangible book value was primarily due to the increase in net income in the quarter, along with the impact of lower unrealized losses on the available for sale investment portfolio. Stockholders’ equity as a percentage of total assets was 10.55% at December 31, 2025, compared to 10.82% at September 30, 2025, with the decline largely due to modest asset growth. Tangible common equity (“TCE”) as a percent of tangible assets (non-GAAP)1 decreased to 8.92% at December 31, 2025, compared to 9.13% at September 30, 2025.

“We utilized our capital strength to enhance shareholder value early in the quarter by repurchasing approximately 250,000 shares at an average price less than tangible book value, and the Board voted to declare a quarterly dividend replacing the ‘thrift like’ annual dividend in prior years.” stated Stephen Bianchi, Chairman, President and Chief Executive Officer. “Loan growth returned in the quarter and the pipeline looked promising entering 2026. We remained focused on growing our customer base, and specifically deposits, as noted in the YOY growth of $44 million. With the improved quality of our deposit base and as loans originated during the pandemic come due for pricing adjustments, we anticipate continued NIM expansion which should result in stronger earnings.”

December 31, 2025, Highlights:

•Quarterly earnings were $4.3 million, or $0.44 per diluted share for the quarter ended December 31, 2025, an increase compared to earnings of $3.7 million, or $0.37 per diluted share for the quarter ended September 30, 2025, and an increase from $2.7 million, or $0.27 per diluted share for the quarter ended December 31, 2024.

•For the twelve months ended December 31, 2025, earnings were $14.4 million or $1.46 per diluted share compared to $13.8 million or $1.34 per diluted share for the twelve-month period ending December 31, 2024. The increase in earnings for the twelve-month period primarily relates to the increase in net interest income, partially offset by provisions for credit losses for the most recent twelve-month period versus negative provisions for credit losses during the twelve-month period ending December 31, 2024.

•Net interest income decreased $0.1 million to $13.1 million for the current quarter ended December 31, 2025, from $13.2 million for the quarter ended September 30, 2025, and increased from $11.7 million for the quarter ended December 31, 2024. The decrease in net interest income from the third quarter of 2025 was primarily due to a net decrease of $0.4 million, or 8 basis points (“bps”), related to loan payoffs in the third quarter of nonperforming loans and payoffs of loans with purchase accretion.

•The net interest margin decreased 5 bps to 3.15% for the quarter ended December 31, 2025, compared to the quarter ended September 30, 2025, and increased 36 bps from the quarter ended December 31, 2024. The decrease in net interest margin from lower loan payoffs discussed above, was partially offset by lower deposit costs, or an increase in the net interest margin of 6 bps. The growth in lower yielding interest-bearing cash also decreased the net interest margin by 3 bps.

•The provision for credit losses was $0.20 million for the quarter ended December 31, 2025, compared to a provision for credit losses of $0.65 million for the third quarter, and a negative provision for credit losses of $0.45 million during the quarter ended December 31, 2024. Factors affecting the December 31, 2025, provision for credit losses include: (1) the impact of loan growth; and (2) decreases in delinquent loans offset by increases of reserves on impaired loans. The allowance for credit losses on loans was $22.4 million or 141% of total nonperforming loans and 1.67% of total loans.

•Non-interest income decreased by $0.3 million in the fourth quarter of 2025 to $2.7 million from $3.0 million the prior quarter, and increased $0.7 million from $2.0 million in the fourth quarter of 2024. The decrease in the fourth quarter of 2025, from the third quarter of 2025, was primarily due to lower gains on sale of loans, partially offset by net gains on equity securities. The increase of non-interest income in the fourth quarter of 2025, from the fourth quarter of 2024, was primarily due to higher gains on sale of loans and net gains on equity securities.

•Non-interest expense decreased $0.4 million to $10.7 million from $11.1 million for the previous quarter and decreased $0.1 million from $10.8 million for the fourth quarter of 2024. The decrease in non-interest expense compared to the linked quarter was largely due to lower compensation items, primarily due to lower medical costs on the Company’s self-insured medial plan and lower data processing expense from improved negotiations with the service provider. The $0.1 million decrease from the fourth quarter of 2024, was largely due to lower data processing expenses.

•The effective tax rate was 12.6% for the quarter ended December 31, 2025, compared to 18.8% for the quarter ended September 30, 2025, and 19.5% for the quarter ended December 31, 2024. The decrease in the effective tax rate in the fourth quarter of 2025 was largely due to the full year impact of a new tax credit investment which partially funded in the fourth quarter of 2025, with final funding in 2026.

•Loans receivable increased $17.3 million during the fourth quarter ended December 31, 2025, to $1.340 billion compared to the prior quarter end. The increase was largely due to a growth in new multi-family and C&I loan originations from the third quarter.

•Nonperforming assets were flat at $16.7 million at December 31, 2025 and at September 30, 2025, respectively.

•Special mention loans increased $11.6 million to $24.5 million at December 31, 2025, from $12.9 million at September 30, 2025. The increase was largely due to two separate commercial real estate relationships totaling $6 million and $5 million, each.

•Substandard loans increased $0.1 million to $21.4 million at December 31, 2025, from September 30, 2025.

•Total deposits increased $43.5 million during the quarter ended December 31, 2025, to $1.524 billion. This was largely due to growth in retail consumer deposits of $33.9 million and seasonal growth in public deposits of $12.1 million.

•The efficiency ratio was 68% for the quarter ended December 31, 2025, compared to 67% for the quarter ended September 30, 2025.

•On January 22, 2026, the Board of Directors approved a quarterly dividend of $0.105 per share. The quarterly dividend, subject to future Board approvals, is intended to replace the Company’s former annual dividend. The dividend will be payable on February 20, 2026, to shareholders of record on February 6, 2026.

•On July 24, 2025, the Board of Directors authorized a new 5% common stock buyback authorization, or 499 thousand shares. The Company repurchased approximately 250 thousand shares during the quarter ended December 31, 2025, at an average price of $15.99 per share. Approximately 113 thousand shares remained available to purchase under this authorization as of December 31, 2025.

Balance Sheet and Asset Quality

Total assets increased by $54.8 million during the quarter to $1.782 billion at December 31, 2025.

Cash and cash equivalents increased $36.4 million as interest-bearing cash increased due to cash provided by deposit increases, partially offset by loan growth.

The on-balance sheet liquidity ratio, which is defined as the fair market value of available for sale (“AFS”) and held to maturity (“HTM”) securities that are not pledged and cash on deposit with other financial institutions, was 14.8% of total assets at December 31, 2025, compared to 13.4% at September 30, 2025. On-balance sheet liquidity, collateralized new borrowing capacity, and uncommitted federal funds borrowing availability was $792 million, or 243%, of uninsured and uncollateralized deposits at December 31, 2025, and $741 million, or 267% at September 30, 2025.

AFS securities decreased $3.5 million during the quarter ended December 31, 2025, to $134.1 million from $137.6 million at September 30, 2025. The decrease was largely related to corporate debt security redemptions of $5.0 million, and principal repayments of $2.5 million, partially offset by purchases of new corporate debt securities of $3 million and a decrease in the unrealized loss on AFS securities of $1.0 million.

HTM securities decreased $1.3 million to $80.2 million during the quarter ended December 31, 2025, from $81.5 million at September 30, 2025, due to principal repayments.

Loans receivable increased $17.3 million during the fourth quarter ended December 31, 2025, to $1.340 billion compared to the prior quarter end as loan growth was realized in multi-family loans and C&I loans.

The office loan portfolio consisting of seventy-one loans totaled $32 million at December 31, 2025, compared to seventy-one loans totaling $26 million at September 30, 2025. Criticized loans in the office loan portfolio for the quarter ended December 31, 2025, totaled $0.2 million, compared to $0.2 million at September 30, 2025, and there have been no charge-offs in the trailing twelve months.

The allowance for credit losses on loans increased by $0.2 million to $22.4 million at December 31, 2025, representing 1.67% of total loans receivable compared to 1.68% of total loans receivable at September 30, 2025. The provision for

credit losses was $0.20 million for the quarter ended December 31, 2025, compared to a provision for credit losses of $0.65 million for the quarter ended September 30, 2025, and a negative provision for credit losses of $0.45 million for the quarter ended December 31, 2024. Factors affecting the December 31, 2025, provision for credit losses include: (1) the impact of loan growth; and (2) decreases in delinquent loans offset by increases of reserves on impaired loans.

Allowance for Credit Losses (“ACL”) - Loans Percentage

(in thousands, except ratios)


	December 31, 2025			September 30, 2025			June 30, 2025			December 31, 2024



Loans, end of period	$	1,340,325		$	1,323,010		$	1,345,620		$	1,368,981




Allowance for credit losses - Loans	$	22,401		$	22,182		$	21,347		$	20,549


ACL - Loans as a percentage of loans, end of period	1.67		%	1.68		%	1.59		%	1.50		%

In addition to the ACL - Loans, the Company has established an ACL - Unfunded Commitments of $0.490 million at December 31, 2025, $0.493 million at September 30, 2025, and $0.334 million at December 31, 2024, classified in other liabilities on the consolidated balance sheets.

Allowance for Credit Losses - Unfunded Commitments:

(in thousands)


	December 31, 2025 and Three Months Ended		December 31, 2024 and Three Months Ended		December 31, 2025 and Twelve Months Ended		December 31, 2024 and Twelve Months Ended
ACL - Unfunded commitments - beginning of period	$	493	$	460	$	334	$	1,250

Additions (reductions) to ACL - Unfunded commitments via provision for credit losses charged to operations	(3)		(126)		156		(916)
ACL - Unfunded commitments - end of period	$	490	$	334	$	490	$	334

Nonperforming assets were flat at $16.7 million at December 31, 2025 and at September 30, 2025, respectively.

Special mention loans increased $11.6 million to $24.5 million at December 31, 2025, from $12.9 million at September 30, 2025. The increase was largely due to two separate commercial real estate relationships totaling $6 million and $5 million, each.

Substandard loans increased $0.1 million to $21.4 million at December 31, 2025, from September 30, 2025.


	(in thousands)
	December 31, 2025		September 30, 2025		June 30, 2025		March 31, 2025		December 31, 2024
Special mention loan balances	$	24,473	$	12,920	$	23,201	$	14,990	$	8,480
Substandard loan balances	21,388		21,310		17,922		19,591		18,891
Criticized loans, end of period	$	45,861	$	34,230	$	41,123	$	34,581	$	27,371

Deposit Portfolio Composition

(in thousands)


	December 31, 2025		September 30, 2025		June 30, 2025		March 31, 2025		December 31, 2024
Consumer deposits	$	889,109	$	855,226	$	856,467	$	861,746	$	852,083
Commercial deposits	422,605		423,662		406,608		423,654		412,355
Public deposits	187,777		175,689		190,933		211,261		190,460
Wholesale deposits	24,608		25,977		24,408		26,993		33,250
Total deposits	$	1,524,099	$	1,480,554	$	1,478,416	$	1,523,654	$	1,488,148

At December 31, 2025, the deposit portfolio composition was largely unchanged from the prior quarter at 58% consumer, 28% commercial, 12% public, and 2% wholesale deposits.

Deposit Composition By Type

(in thousands)


	December 31, 2025		September 30, 2025		June 30, 2025		March 31, 2025		December 31, 2024
Non-interest-bearing demand deposits	$	264,394	$	262,535	$	260,248	$	253,343	$	252,656
Interest-bearing demand deposits	367,958		360,475		366,481		386,302		355,750
Savings accounts	151,525		157,317		159,340		167,614		159,821
Money market accounts	392,900		354,290		357,518		370,741		369,534
Certificate accounts	347,322		345,937		334,829		345,654		350,387
Total deposits	$	1,524,099	$	1,480,554	$	1,478,416	$	1,523,654	$	1,488,148

Uninsured and uncollateralized deposits were $323.5 million, or 21% of total deposits at December 31, 2025, and $277.7 million, or 19% of total deposits at September 30, 2025. Uninsured deposits alone at December 31, 2025, were $478.4 million, or 31% of total deposits and $421.5 million, or 28% of total deposits at September 30, 2025.

Federal Home Loan Bank advances remained at $0 at December 31, 2025, and at September 30, 2025, and decreased $5.0 million from December 31, 2024.

The Company repurchased approximately 250 thousand shares at an average all in price of $15.99 per share during the quarter ended December 31, 2025. There remained approximately 113 thousand shares available to repurchase under the current buyback authorization plan as of December 31, 2025. This share repurchase authorization does not oblige the Company to repurchase any shares of its common stock.

Review of Operations

Net interest income decreased $0.1 million to $13.1 million for the current quarter ended December 31, 2025, from $13.2 million for the quarter ended September 30, 2025, and increased from $11.7 million for the quarter ended December 31, 2024. The decrease in net interest income from the third quarter of 2025 was primarily due to a net decrease of $0.4 million, or 8 bps, related to loan payoffs in the third quarter of nonperforming loans and payoffs of loans with purchase accretion. Lower liability costs improved net interest income $0.3 million, or an increase in the net interest margin of 6 bps. This benefit was partially offset by the impact of lower net interest margin on the increase in interest-bearing cash, or 3 bps.

Net interest income and net interest margin analysis:

(in thousands, except yields and rates)


	Three months ended
	December 31, 2025				September 30, 2025				June 30, 2025				March 31, 2025				December 31, 2024
	Net Interest Income		Net Interest Margin		Net Interest Income		Net Interest Margin		Net Interest Income		Net Interest Margin		Net Interest Income		Net Interest Margin		Net Interest Income		Net Interest Margin
As reported	$	13,065	3.15	%	$	13,214	3.20	%	$	13,311	3.27	%	$	11,594	2.85	%	$	11,708	2.79	%
Less scheduled accretion for PCD loans	(5)		—	%	(17)		—	%	(23)		(0.01)	%	(36)		(0.01)	%	(42)		(0.01)	%
Less paid loan accretion for PCD loans	—		—	%	(133)		(0.03)	%	(416)		(0.10)	%	—		—	%	—		—	%
Less scheduled accretion interest	—		—	%	(30)		(0.01)	%	(33)		(0.01)	%	(33)		(0.01)	%	(33)		(0.01)	%
Without loan purchase accretion	$	13,060	3.15	%	$	13,034	3.16	%	$	12,839	3.15	%	$	11,525	2.83	%	$	11,633	2.77	%

The table below shows the impact of certificate, loan and securities contractual fixed rate maturing and repricing.

Portfolio Contractual Repricing:

(in millions, except yields)


	Q1 2026			Q2 2026			Q3 2026			Q4 2026			Q1 2027			Q2 2027			Q3 2027			Q4 2027
Maturing Certificate Accounts:
Contractual Balance	$	136		$	101		$	67		$	26		$	14		$	—		$	—		$	—
Contractual Interest Rate	4.02		%	3.83		%	3.86		%	3.70		%	3.62		%	—		%	—		%	—		%
Maturing or Repricing Loans:
Contractual Balance	$	22		$	83		$	110		$	101		$	59		$	62		$	43		$	71
Contractual Interest Rate	5.37		%	6.11		%	3.67		%	4.00		%	4.22		%	4.29		%	4.29		%	5.33		%
Maturing or Repricing Securities:
Contractual Balance	$	2		$	7		$	7		$	3		$	3		$	—		$	4		$	—
Contractual Interest Rate	3.72		%	3.57		%	3.44		%	3.27		%	3.31		%	—		%	5.93		%	—		%

Non-interest income decreased by $0.3 million in the fourth quarter of 2025, to $2.7 million from $3.0 million the prior quarter and increased $0.7 million from $2.0 million in the fourth quarter of 2024. The decrease in the fourth quarter of 2025 from the third quarter of 2025 was primarily due to lower gains on sale of loans, partially offset by net gains on equity securities. The increase of non-interest income in the fourth quarter of 2025 from the fourth quarter of 2024 was primarily due to higher gains on sale of loans and net gains on equity securities.

Non-interest expense decreased $0.4 million to $10.7 million from $11.1 million for the previous quarter and decreased $0.1 million from $10.8 million for the fourth quarter of 2024. The decrease in non-interest expense compared to the linked quarter was largely due to lower compensation items, primarily due to lower medical costs on the Company’s

self-insured medial plan, and lower data processing expenses. The decrease from the fourth quarter of 2024 was largely due to lower data processing expenses.

Provision for income taxes was $0.6 million in the fourth quarter of 2025 compared to $0.9 million in the third quarter of 2025. The effective tax rate was 12.6% for the quarter ended December 31, 2025, 18.8% for the quarter ended September 30, 2025, and 19.5% for the quarter ended December 31, 2024. The decrease in the effective tax rate in the fourth quarter of 2025 was largely due to the full year impact of a newly purchased tax credit investment which partially funded in the fourth quarter of 2025, with final funding in 2026. The expected additional funding of this tax credit is expected to lower the Company’s effective tax rate from statutory levels quarterly in 2026, although at a smaller magnitude from the full year impact in the fourth quarter of 2025.

Certain items previously reported may be reclassified for consistency with the current presentation. These financial results are preliminary until the Form 10-K is filed in March 2026.

About the Company

Citizens Community Bancorp, Inc. (NASDAQ: “CZWI”) is the holding company of the Bank, a national bank based in Altoona, Wisconsin, currently serving customers primarily in Wisconsin and Minnesota through 21 branch locations. Its primary markets include the Chippewa Valley Region in Wisconsin, the Twin Cities and Mankato markets in Minnesota, and various rural communities around these areas. The Bank offers traditional community banking services to businesses, ag operators and consumers, including residential mortgage loans.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this release are considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified using forward-looking words or phrases such as “anticipate,” “believe,” “could,” “expect,” “estimates,” “intend,” “may,” “on pace,” “preliminary,” “planned,” “potential,” “should,” “will,” “would” or the negative of those terms or other words of similar meaning. Such forward-looking statements in this release are inherently subject to many uncertainties arising in the operations and business environment of the Company and the Bank. These uncertainties include: conditions in the financial markets and economic conditions generally; the impact of inflation on our business and our customers; geopolitical tensions, including current or anticipated impact of military conflicts; higher lending risks associated with our commercial and agricultural banking activities; future pandemics (including new variants of COVID-19); cybersecurity risks; adverse impacts on the regional banking industry and the business environment in which the Company and the Bank operate; interest rate risk; lending risk; changes in the fair value or ratings downgrades of our securities; the sufficiency of allowance for credit losses; competitive pressures among depository and other financial institutions; disintermediation risk; our ability to maintain our reputation; our ability to maintain or increase our market share; our ability to realize the benefits of net deferred tax assets; our ability to obtain needed liquidity; our ability to raise capital needed to fund growth or meet regulatory requirements; our ability to attract and retain key personnel; our ability to keep pace with technological change; prevalence of fraud and other financial crimes; the possibility that our internal controls and procedures could fail or be circumvented; our ability to successfully execute our acquisition growth strategy; risks posed by acquisitions and other expansion opportunities, including difficulties and delays in integrating the acquired business operations or fully realizing the cost savings and other benefits; restrictions on our ability to pay dividends; the potential volatility of our stock price; accounting standards for credit losses; legislative or regulatory changes or actions, or significant litigation, adversely affecting the Company or Bank; public company reporting obligations; changes in federal or state tax laws; and changes in accounting principles, policies or guidelines and their impact on financial performance. Stockholders, potential investors, and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Such uncertainties and other risks that may affect the Company’s performance are discussed further in Part I, Item 1A, “Risk Factors,” in the Company’s Form 10-K, for the year ended December 31, 2024, filed with the Securities and Exchange Commission (“SEC”) on March 13, 2025, and the Company’s subsequent filings with the SEC. The Company undertakes no obligation to make any revisions to the forward-looking statements

contained in this news release or to update them to reflect events or circumstances occurring after the date of this release.

1 Non-GAAP Financial Measures

This press release contains non-GAAP financial measures, such as tangible book value, tangible book value per share, tangible common equity as a percent of tangible assets and return on average tangible common equity, which management believes may be helpful in understanding the Company’s results of operations or financial position and comparing results over different periods.

Tangible book value, tangible book value per share, tangible common equity as a percentage of tangible assets and return on average tangible common equity are non-GAAP measures that eliminate the impact of goodwill and intangible assets on our financial position. Management believes these measures are useful in assessing the strength of our financial position.

Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in this press release. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other banks and financial institutions.

Contact: Steve Bianchi, CEO

(715)-836-9994

(CZWI-ER)

CITIZENS COMMUNITY BANCORP, INC.

Consolidated Balance Sheets

(in thousands, except share data)


	December 31, 2025 (unaudited)		September 30, 2025 (unaudited)		June 30, 2025 (unaudited)		December 31, 2024 (audited)
Assets
Cash and cash equivalents	$	118,853	$	82,431	$	67,454	$	50,172

Securities available for sale “AFS”	134,103		137,639		134,773		142,851
Securities held to maturity “HTM”	80,210		81,526		83,029		85,504
Equity investments	5,840		5,675		5,741		4,702
Other investments	12,506		12,370		12,379		12,500
Loans receivable	1,340,325		1,323,010		1,345,620		1,368,981
Allowance for credit losses	(22,401)		(22,182)		(21,347)		(20,549)
Loans receivable, net	1,317,924		1,300,828		1,324,273		1,348,432
Loans held for sale	4,954		5,346		6,063		1,329
Mortgage servicing rights, net	3,494		3,532		3,548		3,663
Office properties and equipment, net	16,357		16,244		16,357		17,075
Accrued interest receivable	6,126		6,159		6,123		5,653
Intangible assets	395		508		621		979
Goodwill	31,498		31,498		31,498		31,498
Foreclosed and repossessed assets, net	857		911		895		915
Bank owned life insurance (“BOLI”)	26,908		26,700		26,494		26,102

Other assets	21,730		15,620		15,916		17,144
TOTAL ASSETS	$	1,781,755	$	1,726,987	$	1,735,164	$	1,748,519
Liabilities and Stockholders’ Equity
Liabilities:
Deposits	$	1,524,099	$	1,480,554	$	1,478,416	$	1,488,148
Federal Home Loan Bank (“FHLB”) advances	—		—		—		5,000
Other borrowings	51,804		46,762		61,722		61,606
Other liabilities	17,913		12,856		11,564		14,681
Total liabilities	1,593,816		1,540,172		1,551,702		1,569,435
Stockholders’ Equity:

Common stock— $0.01 par value, authorized 30,000,000; 9,617,245, 9,856,745, 9,991,997, and 9,981,996 shares issued and outstanding, respectively	96		99		100		100
Additional paid-in capital	110,315		113,030		114,537		114,564
Retained earnings	89,995		86,913		83,709		80,840

Accumulated other comprehensive loss	(12,467)		(13,227)		(14,884)		(16,420)
Total stockholders’ equity	187,939		186,815		183,462		179,084
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	1,781,755	$	1,726,987	$	1,735,164	$	1,748,519

CITIZENS COMMUNITY BANCORP, INC.

Consolidated Statements of Operations

(in thousands, except per share data)


	Three Months Ended				Twelve Months Ended
	December 31, 2025 (unaudited)		September 30, 2025 (unaudited)		December 31, 2024 (unaudited)		December 31, 2025 (unaudited)		December 31, 2024 (audited)
Interest and dividend income:
Interest and fees on loans	$	19,034	$	19,759	$	19,534	$	77,500	$	79,738
Interest on cash and investments	2,737		2,495		2,427		10,130		9,877
Total interest and dividend income	21,771		22,254		21,961		87,630		89,615
Interest expense:
Interest on deposits	7,998		8,220		9,273		33,102		37,985
Interest on FHLB borrowed funds	—		1		65		13		1,281
Interest on other borrowed funds	708		819		915		3,331		3,875
Total interest expense	8,706		9,040		10,253		36,446		43,141
Net interest income before provision for credit losses	13,065		13,214		11,708		51,184		46,474
Provision (provision reversal) for credit losses	200		650		(450)		1,950		(3,175)
Net interest income after provision for credit losses	12,865		12,564		12,158		49,234		49,649
Non-interest income:
Service charges on deposit accounts	459		449		450		1,763		1,924
Interchange income	539		565		550		2,186		2,247
Loan servicing income	593		649		520		2,366		2,271
Gain on sale of loans	514		992		218		2,925		2,216
Loan fees and service charges	146		173		292		676		996


Net gains (losses) on equity securities	191		(66)		(287)		234		(856)


Bank Owned Life Insurance (BOLI) death benefit	—		—		—		—		184
Other	250		260		266		993		1,125
Total non-interest income	2,692		3,022		2,009		11,143		10,107
Non-interest expense:
Compensation and related benefits	5,929		6,341		5,840		23,875		22,741
Occupancy	1,226		1,266		1,217		4,975		5,159

Data processing	1,492		1,811		1,743		6,775		6,530
Amortization of intangible assets	113		113		179		584		715
Mortgage servicing rights expense, net	172		161		107		621		534
Advertising, marketing and public relations	344		201		218		906		793
FDIC premium assessment	189		195		192		773		798
Professional services	478		359		514		1,777		1,763
Losses (gains) on repossessed assets, net	33		(4)		247		33		294

Other	696		608		552		2,617		2,979
Total non-interest expense	10,672		11,051		10,809		42,936		42,306
Income before provision for income taxes	4,885		4,535		3,358		17,441		17,450
Provision for income taxes	614		853		656		3,021		3,699
Net income attributable to common stockholders	$	4,271	$	3,682	$	2,702	$	14,420	$	13,751
Per share information:
Basic earnings	$	0.44	$	0.37	$	0.27	$	1.46	$	1.34
Diluted earnings	$	0.44	$	0.37	$	0.27	$	1.46	$	1.34
Cash dividends paid	$	—	$	—	$	—	$	0.36	$	0.32
Book value per share at end of period	$	19.54	$	18.95	$	17.94	$	19.54	$	17.94
Tangible book value per share at end of period (non-GAAP)	$	16.23	$	15.71	$	14.69	$	16.23	$	14.69

Loan Composition

(in thousands)


	December 31, 2025		September 30, 2025		June 30, 2025		December 31, 2024

































Total Loans:
Commercial/Agricultural real estate:
Commercial real estate	$	683,108	$	683,931	$	693,382	$	709,018
Agricultural real estate	69,136		64,096		69,237		73,130
Multi-family real estate	245,688		237,191		238,953		220,805
Construction and land development	75,767		74,789		70,477		78,489
C&I/Agricultural operating:
Commercial and industrial	105,907		101,700		109,202		115,657
Agricultural operating	33,375		30,085		31,876		31,000
Residential mortgage:
Residential mortgage	122,025		125,198		125,818		132,341
Purchased HELOC loans	1,739		1,979		2,368		2,956
Consumer installment:
Originated indirect paper	2,224		2,567		2,959		3,970

Other consumer	3,997		4,155		4,275		5,012


Gross loans	$	1,342,966	$	1,325,691	$	1,348,547	$	1,372,378
Unearned net deferred fees and costs and loans in process	(2,528)		(2,563)		(2,629)		(2,547)
Unamortized discount on acquired loans	(113)		(118)		(298)		(850)
Total loans receivable	$	1,340,325	$	1,323,010	$	1,345,620	$	1,368,981

Nonperforming Assets

Loan Balances at Amortized Cost

(in thousands, except ratios)


	December 31, 2025			September 30, 2025			June 30, 2025			December 31, 2024
Nonperforming assets:
Nonaccrual loans
Commercial real estate	$	4,652		$	4,592		$	5,013		$	4,594
Agricultural real estate	464			220			5,447			6,222
Multi-family real estate	8,970			8,970			—			—
Construction and land development	—			—			—			103
Commercial and industrial (“C&I”)	1,282			1,312			600			597
Agricultural operating	—			—			—			793
Residential mortgage	485			520			549			858
Consumer installment	—			—			—			1
Total nonaccrual loans	$	15,853		$	15,614		$	11,609		$	13,168
Accruing loans past due 90 days or more	1			136			521			186
Total nonperforming loans (“NPLs”) at amortized cost	15,854			15,750			12,130			13,354
Foreclosed and repossessed assets, net	857			911			895			915
Total nonperforming assets (“NPAs”)	$	16,711		$	16,661		$	13,025		$	14,269


Loans, end of period	$	1,340,325		$	1,323,010		$	1,345,620		$	1,368,981
Total assets, end of period	$	1,781,755		$	1,726,987		$	1,735,164		$	1,748,519
Ratios:
NPLs to total loans	1.18		%	1.19		%	0.90		%	0.98		%
NPAs to total assets	0.94		%	0.96		%	0.75		%	0.82		%

Average Balances, Interest Yields and Rates

(in thousands, except yields and rates)


	Three Months Ended December 31, 2025						Three Months Ended September 30, 2025						Three Months Ended December 31, 2024
	Average Balance		Interest Income/ Expense		Average Yield/ Rate		Average Balance		Interest Income/ Expense		Average Yield/ Rate		Average Balance		Interest Income/ Expense		Average Yield/ Rate
Average interest earning assets:
Cash and cash equivalents	$	84,678	$	842	3.94	%	$	62,395	$	693	4.41	%	$	26,197	$	327	4.97	%
Loans receivable	1,329,456		19,034		5.68	%	1,342,635		19,759		5.84	%	1,396,854		19,534		5.56	%

Investment securities	218,205		1,739		3.16	%	220,213		1,738		3.13	%	235,268		1,940		3.28	%
Other investments	12,390		156		5.00	%	12,373		64		2.05	%	12,318		160		5.17	%
Total interest earning assets	$	1,644,729	$	21,771	5.25	%	$	1,637,616	$	22,254	5.39	%	$	1,670,637	$	21,961	5.23	%
Average interest-bearing liabilities:
Savings accounts	$	152,852	$	287	0.74	%	$	158,905	$	306	0.76	%	$	162,501	$	383	0.94	%
Demand deposits	360,867		1,797		1.98	%	376,145		2,061		2.17	%	346,411		1,891		2.17	%
Money market accounts	372,984		2,514		2.67	%	358,956		2,512		2.78	%	351,566		2,720		3.08	%
CD’s	346,975		3,400		3.89	%	339,566		3,341		3.90	%	374,087		4,279		4.55	%

Total deposits	$	1,233,678	$	7,998	2.57	%	$	1,233,572	$	8,220	2.64	%	$	1,234,565	$	9,273	2.99	%
FHLB advances and other borrowings	50,941		708		5.51	%	54,389		820		5.98	%	72,431		980		5.38	%
Total interest-bearing liabilities	$	1,284,619	$	8,706	2.69	%	$	1,287,961	$	9,040	2.78	%	$	1,306,996	$	10,253	3.12	%
Net interest income			$	13,065					$	13,214					$	11,708
Interest rate spread					2.56	%					2.61	%					2.11	%
Net interest margin					3.15	%					3.20	%					2.79	%
Average interest earning assets to average interest-bearing liabilities					1.28						1.27						1.28


	Twelve Months Ended December 31, 2025						Twelve Months Ended December 31, 2024
	Average Balance		Interest Income/ Expense		Average Yield/ Rate		Average Balance		Interest Income/ Expense		Average Yield/ Rate
Average interest earning assets:
Cash and cash equivalents	$	59,930	$	2,553	4.26	%	$	20,864	$	1,150	5.51	%
Loans receivable	1,347,088		77,500		5.75	%	1,430,631		79,738		5.57	%

Investment securities	222,528		7,020		3.15	%	238,851		7,977		3.34	%
Other investments	12,415		557		4.49	%	12,816		750		5.85	%
Total interest earning assets	$	1,641,961	$	87,630	5.34	%	$	1,703,162	$	89,615	5.26	%
Average interest-bearing liabilities:
Savings accounts	$	159,860	$	1,335	0.84	%	$	171,069	$	1,684	0.98	%
Demand deposits	372,972		7,876		2.11	%	353,107		8,083		2.29	%
Money market accounts	364,727		10,071		2.76	%	371,909		11,725		3.15	%
CD’s	343,311		13,820		4.03	%	366,634		16,493		4.50	%

Total deposits	$	1,240,870	$	33,102	2.67	%	$	1,262,719	$	37,985	3.01	%
FHLB advances and other borrowings	57,890		3,344		5.78	%	99,731		5,156		5.17	%
Total interest-bearing liabilities	$	1,298,760	$	36,446	2.81	%	$	1,362,450	$	43,141	3.17	%
Net interest income			$	51,184					$	46,474
Interest rate spread					2.53	%					2.09	%
Net interest margin					3.12	%					2.73	%
Average interest earning assets to average interest bearing liabilities					1.26						1.25

Wholesale Deposits

(in thousands)


	Quarter Ended
	December 31, 2025		September 30, 2025		June 30, 2025		March 31, 2025		December 31, 2024
Brokered certificate accounts	$	—	$	—	$	—	$	5,489	$	14,123
Brokered money market accounts	5,168		5,131		5,092		5,053		5,002

Third party originated reciprocal deposits	19,440		20,846		19,316		16,451		14,125
Total	$	24,608	$	25,977	$	24,408	$	26,993	$	33,250

Key Financial Metric Ratios:


	Three Months Ended						Twelve Months Ended
	December 31, 2025		September 30, 2025		December 31, 2024			December 31, 2025		December 31, 2024
Ratios based on net income:
Return on average assets (annualized)	0.97	%	0.84	%	0.61	%		0.82	%	0.76	%
Return on average equity (annualized)	9.05	%	7.90	%	6.00	%		7.89	%	7.84	%
Return on average tangible common equity1 (annualized)	11.16	%	9.80	%	7.72	%		9.89	%	10.03	%
Efficiency ratio	68	%	67	%	76	%		68	%	72	%
Net interest margin with loan purchase accretion	3.15	%	3.20	%	2.79	%		3.12	%	2.73	%
Net interest margin without loan purchase accretion	3.15	%	3.16	%	2.77	%		3.07	%	2.69	%

Reconciliation of Return on Average Assets

(in thousands, except ratios)


	Three Months Ended									Twelve Months Ended
	December 31, 2025			September 30, 2025			December 31, 2024			December 31, 2025			December 31, 2024

GAAP earnings after income taxes	$	4,271		$	3,682		$	2,702		$	14,420		$	13,751

Average assets	$	1,751,360		$	1,735,752		$	1,771,351		$	1,749,437		$	1,808,256
Return on average assets (annualized)	0.97		%	0.84		%	0.61		%	0.82		%	0.76		%

Reconciliation of Return on Average Equity

(in thousands, except ratios)


	Three Months Ended									Twelve Months Ended
	December 31, 2025			September 30, 2025			December 31, 2024			December 31, 2025			December 31, 2024
GAAP earnings after income taxes	$	4,271		$	3,682		$	2,702		$	14,420		$	13,751

Average equity	$	187,270		$	184,822		$	179,242		$	182,877		$	175,475
Return on average equity (annualized)	9.05		%	7.90		%	6.00		%	7.89		%	7.84		%

Reconciliation of Return on Average Tangible Common Equity (non-GAAP)

(in thousands, except ratios)


	Three Months Ended									Twelve Months Ended
	December 31, 2025			September 30, 2025			December 31, 2024			December 31, 2025			December 31, 2024
Total stockholders’ equity	$	187,939		$	186,815		$	179,084		$	187,939		$	179,084

Less: Goodwill	(31,498)			(31,498)			(31,498)			(31,498)			(31,498)
Less: Intangible assets	(395)			(508)			(979)			(395)			(979)
Tangible common equity (non-GAAP)	$	156,046		$	154,809		$	146,607		$	156,046		$	146,607
Average tangible common equity (non-GAAP)	$	155,320		$	152,759		$	146,676		$	150,722		$	142,641
GAAP earnings after income taxes	4,271			3,682			2,702			14,420			13,751
Amortization of intangible assets, net of tax	99			92			144			483			563

Tangible net income	$	4,370		$	3,774		$	2,846		$	14,903		$	14,314

Return on average tangible common equity (annualized)	11.16		%	9.80		%	7.72		%	9.89		%	10.03		%

Reconciliation of Efficiency Ratio

(in thousands, except ratios)


	Three Months Ended						Twelve Months Ended
	December 31, 2025			September 30, 2025			December 31, 2024			December 31, 2025			December 31, 2024
Non-interest expense (GAAP)	$	10,672		$	11,051		$	10,809		$	42,936		$	42,306
Less amortization of intangibles	(113)			(113)			(179)			(584)			(715)
Efficiency ratio numerator (GAAP)	$	10,559		$	10,938		$	10,630		$	42,352		$	41,591





Non-interest income	$	2,692		$	3,022		$	2,009		$	11,143		$	10,107
Add back net losses on debt and equity securities	—			(66)			(287)			—			(856)
Subtract net gains on debt and equity securities	191			—			—			234			—
Net interest income	13,065			13,214			11,708			51,184			46,474
Efficiency ratio denominator (GAAP)	$	15,566		$	16,302		$	14,004		$	62,093		$	57,437




Efficiency ratio (GAAP)	68		%	67		%	76		%	68		%	72		%

Pre-Provision Net Revenue (PPNR)

(in thousands, except yields and rates)


	December 31, 2025		September 30, 2025		June 30, 2025		March 31, 2025		December 31, 2024
Pre-tax income	$	4,885	$	4,535	$	4,047	$	3,974	$	3,358
Add back provision for credit losses	200		650		1,350		—		—
Subtract provision reversal for credit losses	—		—		—		(250)		(450)
Pre-Provision Net Revenue	$	5,085	$	5,185	$	5,397	$	3,724	$	2,908

Reconciliation of tangible book value per share (non-GAAP)

(in thousands, except per share data)


Tangible book value per share at end of period	December 31, 2025		September 30, 2025		June 30, 2025		March 31, 2025		December 31, 2024
Total stockholders’ equity	$	187,939	$	186,815	$	183,462	$	180,051	$	179,084

Less: Goodwill	(31,498)		(31,498)		(31,498)		(31,498)		(31,498)
Less: Intangible assets	(395)		(508)		(621)		(800)		(979)
Tangible common equity (non-GAAP)	$	156,046	$	154,809	$	151,343	$	147,753	$	146,607
Ending common shares outstanding	9,617,245		9,856,745		9,991,997		9,989,536		9,981,996
Book value per share	$	19.54	$	18.95	$	18.36	$	18.02	$	17.94
Tangible book value per share (non-GAAP)	$	16.23	$	15.71	$	15.15	$	14.79	$	14.69

Reconciliation of tangible common equity as a percent of tangible assets (non-GAAP)

(in thousands, except ratios)


Tangible common equity as a percent of tangible assets at end of period	December 31, 2025			September 30, 2025			June 30, 2025			March 31, 2025			December 31, 2024
Total stockholders’ equity	$	187,939		$	186,815		$	183,462		$	180,051		$	179,084

Less: Goodwill	(31,498)			(31,498)			(31,498)			(31,498)			$	(31,498)
Less: Intangible assets	(395)			(508)			(621)			(800)			$	(979)
Tangible common equity (non-GAAP)	$	156,046		$	154,809		$	151,343		$	147,753		$	146,607
Total Assets	$	1,781,755		$	1,726,987		$	1,735,164		$	1,779,963		$	1,748,519
Less: Goodwill	(31,498)			(31,498)			(31,498)			(31,498)			(31,498)
Less: Intangible assets	(395)			(508)			(621)			(800)			(979)
Tangible Assets (non-GAAP)	$	1,749,862		$	1,694,981		$	1,703,045		$	1,747,665		$	1,716,042


Total stockholders’ equity to total assets ratio	10.55		%	10.82		%	10.57		%	10.12		%	10.24		%
Tangible common equity as a percent of tangible assets (non-GAAP)	8.92		%	9.13		%	8.89		%	8.45		%	8.54		%

1Tangible book value, tangible book value per share, tangible common equity as a percent of tangible assets and return on tangible common equity are non-GAAP measures that management believes enhance investors’ ability to understand the Company’s financial position. For a detailed reconciliation of GAAP to non-GAAP results, see the accompanying financial table “Reconciliation of tangible book value per share (non-GAAP)”, “Reconciliation of tangible common equity as a percent of tangible assets (non-GAAP)”, and “Reconciliation of return on average tangible common equity)”.

EXHIBIT 99.2 Earnings Release Supplement Fourth Quarter 2025

Citizens Community Bancorp, Inc. Table of Contents Cautionary Notes and Additional Disclosures Deposit Composition Commercial Deposit Concentrations Top 100 Depositors Liquidity Non-Owner Occupied CRE Owner Occupied CRE Multi-family Commercial & Industrial Loans Construction & Development Loans Agricultural Real Estate & Operating Loans (The following four slides are loans included in previous commercial loan slides above, excluding Multi-family loans) Hotel Loans Restaurant Loans Campground Loans Office Loans Credit Quality/Risk Rating Descriptions Loans by Risk Rating as of December 31, 2025 Loans by Risk Rating as of September 30, 2025 Loans by Risk Rating as of June 30, 2025 Loans by Risk Rating as of December 31, 2024 Allowance for Credit Losses – Loans Allowance for Credit Losses – Unfunded Commitments Delinquency as of December 31, 2025 and September 30, 2025 Delinquency as of June 30, 2025 and December 31, 2024 Page(s) 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 18 19 19 20 20 21 22 Nonaccrual Loans Roll Forward Other Real Estate Owned Roll Forward Investments – Amortized Cost and Fair Value Investments – Credit Ratings Earnings Per Share Economic Value of Equity Net Interest Income Over One Year Horizon Selected Capital Composition Highlights – Bank and Company Fair Value Accounting and Fair Value Table Page(s) 23 23 24 24 25 26 26 27 28 1

Cautionary Notes and Additional Disclosures SOURCE, DATES AND PERIODS PRESENTED In this earnings release financial supplement, unless otherwise noted, data from internal documents was used as the source for this document. Unless otherwise noted, “20YY” refers to either the corresponding fiscal year-end date or the corresponding 12-months (i.e. fiscal year) then ended. “MMM-YY” refers to either the corresponding quarter-end date, or the corresponding three-month period then ended. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This earnings release financial supplement may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, descriptions of the financial condition, results of operations, asset and credit quality trends, profitability, projected earnings, future plans, strategies and expectations of Citizens Community Bancorp, Inc. (“CZWI” or the “Company”) and its subsidiary, Citizens Community Federal, National Association (“CCFBank”). The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and is including this statement for purposes of complying with those safe harbor provisions. Forward-looking statements, which are based on certain assumptions of the Company, are generally identifiable by use of the words “believe,” “expect,” “estimates,” “intend,” “anticipate,” “estimate,” “project,” “on pace,” “seek,” “target,” “potential,” “focus,” “may,” “preliminary,” “could,” “should” or similar expressions. These forward-looking statements express management’s current expectations or forecasts of future events, and by their nature, are subject to risks and uncertainties. Therefore, there are a number of factors that might cause actual results to differ materially from those in such statements. These uncertainties include: conditions in the financial markets and economic conditions generally; the impact of inflation on our business and our customers; geopolitical tensions, including current or anticipated impact of military conflicts; higher lending risks associated with our commercial and agricultural banking activities; future pandemics (including new variants of COVID-19); cybersecurity risks; adverse impacts on the regional banking industry and the business environment in which the Company and the Bank operate; interest rate risk; lending risk; changes in the fair value or ratings downgrades of our securities; the sufficiency of allowance for credit losses; competitive pressures among depository and other financial institutions; disintermediation risk; our ability to maintain our reputation; our ability to maintain or increase our market share; our ability to realize the benefits of net deferred tax assets; our ability to obtain needed liquidity; our ability to raise capital needed to fund growth or meet regulatory requirements; our ability to attract and retain key personnel; our ability to keep pace with technological change; prevalence of fraud and other financial crimes; the possibility that our internal controls and procedures could fail or be circumvented; our ability to successfully execute our acquisition growth strategy; risks posed by acquisitions and other expansion opportunities, including difficulties and delays in integrating the acquired business operations or fully realizing the cost savings and other benefits; restrictions on our ability to pay dividends; the potential volatility of our stock price; accounting standards for credit losses; legislative or regulatory changes or actions, or significant litigation, adversely affecting the Company or Bank; public company reporting obligations; changes in federal or state tax laws; and changes in accounting principles, policies or guidelines and their impact on financial performance. Stockholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward- looking statements. Such uncertainties and other risks that may affect the Company's performance are discussed further in Part I, Item 1A, “Risk Factors,” in the Company’s Form 10-K, for the year ended December 31, 2024, filed with the Securities and Exchange Commission (“SEC”) on March 13, 2025, and the Company's subsequent filings with the SEC. The Company undertakes no obligation to make any revisions to the forward-looking statements contained herein or to update them to reflect events or circumstances occurring after the date hereof. NON-GAAP FINANCIAL MEASURES This earnings release financial supplement contains non-GAAP financial measures. For purposes of Regulation G, a non-GAAP financial measure is a numerical measure of the registrant's historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of income, balance sheet or statement of cash flows (or equivalent statements) of the issuer; or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. In this regard, GAAP refers to generally accepted accounting principles in the United States. Non-GAAP financial measures referred to herein include net income as adjusted, return on average equity as adjusted, and return on average assets as adjusted. Reconciliations of all non-GAAP financial measures used herein to the comparable GAAP financial measures appear in the appendix at the end of this presentation. 2

Deposit Composition December 31, 2025 Average Account Size (In Thousands) AmountType $16Retail $69Commercial $432Public $1.52 Billion 79% of deposits insured or collateralized Top 10 Depositors Coverage Beyond FDIC(1)Industry% of DepositsRank ICSPublic Administration2.1%1 ICSEducational Services1.8%2 ICSHealth Care1.8%3 CollateralizedPublic Administration1.2%4 CollateralizedPublic Administration1.0%5 CollateralizedPublic Administration0.9%6 CollateralizedPublic Administration0.7%7 ICSManufacturing0.7%8 NoneProfessional, Scientific, & Technical Services0.6%9 ICSPublic Administration0.6%10 (1) Coverage by ICS and private insurance may not cover entire balance 3

Commercial Deposit Concentrations December 31, 2025 Diverse commercial deposit base with no industry concentration over 9% 4

Top 100 Depositors December 31, 2025 $1.52 Billion 5

Liquidity December 31, 2025 $792 Million 6

Portfolio Fundamentals 48% 22% 30% Wisconsin Minnesota Other By Geography As of 12/31/25 • Typically, well seasoned investors with multiple projects, track record of success and personal financial strength (Net Worth/Liquidity) • Maximum LTV =<80% with recourse to owners with >20% interest • Term of 5-10 years with 20 to 25-year amortizations depending on property type, markets and strength and liquidity of sponsors • Minimum DSC and/or Global DSC covenant required to monitor performance ranging from 1.15x-1.25x • Conservative underwriting approach emphasizing actual results or market data • Appropriate use of SBA 504/7a for lower cash injection or special use projects Non – Owner Occupied CRE 12/31/2025 9/30/2025 $443 $447 719 723 $616 $618 Approximate Weighted Average LTV 51% 52% 48 48 Trailing 12 Month Net Charge-Offs 0.00% 0.00% $6.3 $5.8 1.1% 2.2% Weighted Average Seasoning In Months Loan Balance Outstanding In Millions Number of Loans Average Loan Size In Thousands Portfolio Characteristics - Non-Owner Occupied CRE As of Criticized Loans Millions Criticized Loans as a Percent of Total 29% 22%19% 9% 5% 4% 4% 2% 1% 1% 4% CRE - Campground Investor Residential Hotel CRE - Retail CRE - Senior Living CRE - Warehouse/Mini Storage CRE - Office CRE - Mixed Use CRE - Industrial/Manufacturing Bar Restaurant Non – Owner Occupied CRE As of 12/31/25 7

21% 20% 15% 11% 9% 5% 19% CRE Restaurant CRE Warehouse/Mini Storage CRE Industrial/Manufacturing CRE Retail CRE Mixed Use CRE Office Other Owner Occupied CRE As of 12/31/25 Portfolio Fundamentals 79% 15% 6% Wisconsin Minnesota Other By Geography As of 12/31/25 • Underwritten to <80% LTV based on appraised value • Term of 5-10 years with 20-year amortization • Recourse to owners with greater than 20% interest • DSC covenant of 1.25x on project and/or Global DSC of 1.15x • Appropriate use of SBA 504/7a for lower cash injection or special use projects • By Geography “Other” segment includes borrowers with warm climates, no income tax states Owner Occupied CRE 12/31/2025 9/30/2025 $240 $237 377 375 $637 $633 Approximate Weighted Average LTV 49% 50% 48 47 Trailing 12 Month Net Charge-Offs (Recoveries) 0.00% 0.02% $19.0 $8.7 7.9% 3.7%Criticized Loans as a Precent of Total Weighted Average Seasoning In Months Criticized Loans In Millions Portfolio Characteristics - Owner Occupied CRE Loan Balance Outstanding In Millions Number of Loans Average Loan Size In Thousands As of 8

Portfolio Fundamentals 64% 26% 10% Wisconsin Minnesota Other By Geography As of 12/31/25 39% 23% 11% 9% 8% 3%1% 6% 2021 2022 2025 2020 2023 2024 2019 Prior to 2019 By Vintage As of 12/31/25 • Housing markets in Eau Claire, La Crosse and Mankato markets supported by student populations at state universities, technical colleges, and growing population and job markets • Multi-family sponsors experienced owners with multi-project portfolios • Typically underwritten to 75% LTV based on appraised value with recourse; metro markets and/or strong sponsors may warrant up to 80% LTV • Generally, term of 5-10 years with 20 to 25-year amortization (varies by new versus existing, size of market and sponsor strength) • Covenant for minimum DSC/Global DSC Multi-family 12/31/2025 9/30/2025 $246 $237 125 129 $1.97 $1.84 61% 61% Weighted Average Seasoning In Months 46 45 0% 0% $9.0 $9.0 3.7% 3.8%Criticized Loans as a Percent of Total Approximate Weighted Average LTV Trailing 12 Month Net Charge-Offs Criticized Loans in Millions Portfolio Characteristics - Multi-family Loan Balance Outstanding In Millions Number of Loans Average Loan Size In Millions As of 9

84% 15% 1% Wisconsin Minnesota Other By Geography As of 12/31/25 14% 13% 12% 10%8% 8% 6% 5% 5% 3% 3% 3% 3% 7% Manufacturing Transportation and Warehousing Finance and Insurance Real Estate, Rental and Leasing Construction Retail Trade Administrative Support Arts, Entertainment, & Recreation Public Admin Health Care & Social Services Professional, Scientific, & Technical Services Wholesale Trade Education Services Other Commercial & Industrial As of 12/31/25 • Highly diversified, secured loan portfolio underwritten with recourse • Lines of credit reviewed annually and may have borrowing base certificates governing line usage • Fixed asset LTV’s based on age and type of equipment; <5-year amortization • Use of SBA Guaranty Program (Preferred Lender or General Processing) as appropriate • “Retail Trade” segment consists of Farm Supply, Franchised Hardware, Franchised Auto Parts, Franchised and Non-franchised Auto Dealers and Repair Shops, Convenience Stores/Gas Stations Commercial & Industrial Loans 12/31/2025 9/30/2025 $106 $102 616 625 $172 $163 40 33 0.04% 0.04% $54 $48 $8.0 $7.3 Criticized Loans as a Precent of Total 6.6% 7.2% Criticized Loans In Millions Weighted Average Seasoning In Months Trailing 12 Month Net Charge-Offs Committed Line, if collateral In Millions Portfolio Characteristics - Commercial & Industrial Loan Balance In Millions Number of Loans Average Loan Size In Thousands As of Portfolio Fundamentals 10

Portfolio Fundamentals 26% 17% 12% 9% 9% 3% 24% Campgrounds Hospitality Land 1-4 Family CRE Industrial/Manufacturing Multi-Family Other Construction & Development As of 12/31/25 59% 15% 10% 10% 3% 2% 1% Wisconsin Colorado Tennessee Texas Minnesota Missouri Massachusets By Geography As of 12/31/25 • Underwritten to 75-80% LTV based on lesser of cost or appraised value with full recourse • Interest only typically up to 18 months (depending on project complexity and seasonal timing) followed by amortization of 15-25 years (terms vary by property type) • Borrower equity contribution of cash/land value =>15% injected at the beginning of project (cash/land contribution) • Construction loans require 3rd party inspections and title company draws after balancing to sworn construction statement Construction & Development Loans 12/31/2025 9/30/2025 Loan Balance Outstanding In Millions $76 $75 Number of Loans 84 87 Average Loan Size In Millions $0.9 $0.9 Approximate Weighted Average LTV 72% 73% Trailing 12 Month Net Charge-Offs 0.00% 0.00% Percent Utilized of Commitments 63% 62% $0.06 $0.00 Criticized Loans as a Percent of Total 0.1% 0.0% Portfolio Characteristics - Construction & Development As of Criticized Loans in Millions 11

46% 25% 18% 11% Crop Other Farming Dairy Other Agricultural As of 12/31/25 Portfolio Fundamentals 77% 22% 1% Wisconsin Minnesota Other By Geography As of 12/31/25 • Producers required to have marketing plans to mitigate volatility of commodities • Appropriate crop/revenue insurance and/or dairy margin protection required • Maximum ag RE LTV of less than 65%; equipment LTV of less than 75% • Appropriate structuring to separate crop production cycles and to match length of loan with asset financed • Use of Farmer Mac, FSA, SBA or USDA programs to address DSC, collateral margins or working capital • Operating and ag loan relationships are typically cross collateralized Agricultural Real Estate & Operating Loans 12/31/2025 9/30/2025 $103 $94 455 454 $225 $207 39 39 (0.02%) (0.03%) Criticized Loans in Millions $1.3 $0.8 1.5% 0.9%Criticized Loans as a Percent of Total Weighted Average Seasoning In Months Trailing 12 Month Net Charge-Offs (Recoveries) Portfolio Characteristics - Agricultural Loan Balance Outstanding In Millions Number of Loans Average Loan Size In Thousands As of 12

48% 30% 22% Limited Service Full Service Other Hotels As of 12/31/25 Portfolio Fundamentals 40% 36% 15% 9% Minnesota Wisconsin Illinois Colorado By Geography As of 12/31/25 • Mainly experienced multi project hoteliers and guarantors with strong personal financial statements (net worth and liquidity) • Mainly flagged/franchised limited stay properties • Underwriting consistent with management's conservative approach to Investor CRE, emphasizing actual results stressed scenarios in underwriting Hotel Loans 12/31/2025 9/30/2025 $95 $98 20 21 $4.7 $4.7 56% 54% 0.00% 0.00% Criticized Loans in Millions $3.3 $3.5 3.5% 3.5%Criticized Loans as a Precent of Total As of Number of Loans Trailing 12 Month Net Charge Offs (Recoveries) Portfolio Characteristics - Hotels Loan Balance Outstanding In Millions Average Loan Size In Millions Approximate Weighted Average LTV 13

59% 20% 13% 4% 3% 1% Culver's - Limited Service Restaurants Bowling Centers Drinking Establishments Other National Limited Services Other Restaurants As of 12/31/25 Portfolio Fundamentals 60% 26% 14% Wisconsin Minnesota Other By Geography As of 12/31/25 • Experienced developers/operators of national Limited /Quick Service brands (Culver’s, Subway, Dairy Queen, McDonalds, Jimmy John’s, A&W) • Underwritten to =<80% LTV with full recourse (depending on sponsor history); 20-year amortization with 5 to 10-year terms • Use of SBA Guaranty Program (Preferred Lender or General Processing) as appropriate • Drinking establishments may have other collateral pledged and tend to be in smaller communities in our footprint Restaurant Loans 12/31/2025 9/30/2025 $62 $59 84 82 $733 $724 48% 49% 0.00% 0.00% Criticized Loans In Millions $3.26 $3.29 5.3% 5.5%Criticized Loans as a Percent of Total Portfolio Characteristics - Restaurants As of Trailing 12 Month Net Charge-Offs Loan Balance Outstanding In Millions Number of Loans Average Loan Size In Thousands Approximate Weighted Average LTV 14

21% 20% 18% 17% 13% 5% 2% 4% 2021 2023 2020 2022 2025 2024 2017 Prior By Vintage As of 12/31/25 Portfolio Fundamentals 16% 10% 8% 8% 7%7%6% 6% 5% 5% 3% 3% 3% 2% 2% 9% Wisconsin Alabama Ohio Tennessee Illinois Pennsylvania New Jersey Maryland Texas Utah Kentucky New York North Carolina South Carolina Iowa Other By Geography As of 12/31/25 • Experienced multi-unit operators and owner-occupied franchised campgrounds (typically Jellystone Park) • Grounds offer a mix of camping, RV and cabin options with recreational amenities • Park locations within reasonable proximity of metropolitan areas and/or near national and state parks • Underwritten with recourse generally with 5-10 year terms and 20 year amortization • Use of SBA 7a and 504, or other government guaranteed loan programs as appropriate • 20+ years of history through CCF acquisition with no charge-off history Campground Loans 12/31/2025 9/30/2025 $149 $151 69 74 $2.2 $2.0 48% 48% 43 41 0.00% 0.00% $0.0 $0.0 Criticized Loans as a Percent of Total 0.0% 0.0% Portfolio Characteristics - Campgrounds As of Weighted Average Seasoning in Months Criticized Loans in Millions Loan Balance Outstanding In Millions Number of Loans Average Loan Size In Millions Approximate Weighted Average LTV Trailing 12 Month Net Charge-Offs 15

70% 30% Maturity or Next Repricing Date As of 12/31/25 2026 2027 & Beyond Portfolio Fundamentals 83% 9% 8% Wisconsin Minnesota Other By Geography As of 12/31/25 • Properties financed are generally in Wisconsin and Minnesota and 98% of properties are located outside of large cities • Projects underwritten with 5-10 year term, up to 20 year amortization, and less than 80% LTV • Loans are with recourse to the sponsor/owner(s) • Buildings are mostly single level buildings and no more than three floors high • Tenants centered in medical, insurance, professional services and government Office Loans 12/31/2025 9/30/2025 $32 $26 71 71 $454 $360 47% 63% 39.9 50.5 0.00% 0.00% $0.2 $0.2 0.5% 0.7%Criticized Loans as a Percent of Total Portfolio Characteristics - Office As of Weighted Average Seasoning in Months Criticized Loans in Millions Loan Balance Outstanding In Millions Number of Loans Average Loan Size In Thousands Approximate Weighted Average LTV Trailing 12 Month Net Charge-Offs 16

Credit Quality/Risk Ratings: Management utilizes a numeric risk rating system to identify and quantify the Bank’s risk of loss within its loan portfolio. Ratings are initially assigned prior to funding the loan, and may be changed at any time as circumstances warrant. Ratings range from the highest to lowest quality based on factors that include measurements of ability to pay, collateral type and value, borrower stability and management experience. The Bank’s loan portfolio is presented below in accordance with the risk rating framework that has been commonly adopted by the federal banking agencies. The definitions of the various risk rating categories are as follows: 1 through 4 - Pass. A “Pass” loan means that the condition of the borrower and the performance of the loan is satisfactory or better. 5 - Watch. A “Watch” loan has clearly identifiable developing weaknesses that deserve additional attention from management. Weaknesses that are not corrected or mitigated, may jeopardize the ability of the borrower to repay the loan in the future. 6 - Special Mention. A “Special Mention” loan has one or more potential weakness that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the institution’s credit position in the future. 7 - Substandard. A “Substandard” loan is inadequately protected by the current net worth and paying capacity of the obligor or the collateral pledged, if any. Assets classified as substandard must have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. 8 - Doubtful. A “Doubtful” loan has all the weaknesses inherent in a Substandard loan with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. 9 - Loss. Loans classified as “Loss” are considered uncollectible, and their continuance as bankable assets is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value, and a partial recovery may occur in the future. As of December 31, 2025, September 30, 2025, June 30, 2025, and December 31, 2024, there were no loans classified as doubtful with a risk rating of 8 and no loans classified as loss with a risk rating of 9. Residential and consumer loans are typically not rated until they are past due 90 days at month-end which is why they are classified as pass graded 1-5 and once past due or have a history of delinquencies, get assigned a grade 7. 17

Below is a breakdown of loans by risk rating as of December 31, 2025: (in thousands) 1 to 5 6 7 TOTAL Total Loans: Commercial/Agricultural real estate: Commercial real estate $ 657,822 $ 17,233 $ 8,053 $ 683,108 Agricultural real estate 68,003 923 210 69,136 Multi-family real estate 236,697 — 8,991 245,688 Construction and land development 75,710 57 — 75,767 C&I/Agricultural operating: Commercial and industrial 97,906 6,121 1,880 105,907 Agricultural operating 33,236 139 — 33,375 Residential mortgage: Residential mortgage 119,918 — 2,107 122,025 Purchased HELOC loans 1,622 — 117 1,739 Consumer installment: Originated indirect paper 2,196 — 28 2,224 Other consumer 3,995 — 2 3,997 Gross loans $ 1,297,105 $ 24,473 $ 21,388 $ 1,342,966 Less: Unearned net deferred fees and costs and loans in process (2,528) Unamortized discount on acquired loans (113) Allowance for credit losses (22,401) Loans receivable, net $ 1,317,924 Below is a breakdown of loans by risk rating as of September 30, 2025: (in thousands) 1 to 5 6 7 TOTAL Total Loans: Commercial/Agricultural real estate: Commercial real estate $ 668,722 $ 6,925 $ 8,284 $ 683,931 Agricultural real estate 63,736 143 217 64,096 Multi-family real estate 228,200 — 8,991 237,191 Construction and land development 74,789 — — 74,789 C&I/Agricultural operating: Commercial and industrial 95,032 5,374 1,294 101,700 Agricultural operating 29,607 478 — 30,085 Residential mortgage: Residential mortgage 122,824 — 2,374 125,198 Purchased HELOC loans 1,862 — 117 1,979 Consumer installment: Originated indirect paper 2,537 — 30 2,567 Other consumer 4,152 — 3 4,155 Gross loans $ 1,291,461 $ 12,920 $ 21,310 $ 1,325,691 Less: Unearned net deferred fees and costs and loans in process (2,563) Unamortized discount on acquired loans (118) Allowance for credit losses (22,182) Loans receivable, net $ 1,300,828 18

Below is a breakdown of loans by risk rating as of June 30, 2025: (in thousands) 1 to 5 6 7 TOTAL Total Loans: Commercial/Agricultural real estate: Commercial real estate $ 677,938 $ 7,094 $ 8,350 $ 693,382 Agricultural real estate 63,621 143 5,473 69,237 Multi-family real estate 229,955 8,998 — 238,953 Construction and land development 70,477 — — 70,477 C&I/Agricultural operating: Commercial and industrial 101,377 6,514 1,311 109,202 Agricultural operating 31,424 452 — 31,876 Residential mortgage: Residential mortgage 123,181 — 2,637 125,818 Purchased HELOC loans 2,251 — 117 2,368 Consumer installment: Originated indirect paper 2,927 — 32 2,959 Other consumer 4,273 — 2 4,275 Gross loans $ 1,307,424 $ 23,201 $ 17,922 $ 1,348,547 Less: Unearned net deferred fees and costs and loans in process (2,629) Unamortized discount on acquired loans (298) Allowance for loan losses (21,347) Loans receivable, net $ 1,324,273 Below is a breakdown of loans by risk rating as of December 31, 2024: (in thousands) Below is a breakdown of loans by risk rating as of December 31, 2023: 1 to 5 6 7 TOTAL Total Loans: Commercial/Agricultural real estate: Commercial real estate $ 697,273 $ 3,953 $ 7,792 $ 709,018 Agricultural real estate 66,737 145 6,248 73,130 Multi-family real estate 220,805 — — 220,805 Construction and land development 78,386 — 103 78,489 C&I/Agricultural operating: Commercial and industrial 110,529 3,992 1,136 115,657 Agricultural operating 29,819 390 791 31,000 Residential mortgage: Residential mortgage 129,664 — 2,677 132,341 Purchased HELOC loans 2,839 — 117 2,956 Consumer installment: Originated indirect paper 3,945 — 25 3,970 Other consumer 5,010 — 2 5,012 Gross loans $ 1,345,007 $ 8,480 $ 18,891 $ 1,372,378 Less: Unearned net deferred fees and costs and loans in process (2,547) Unamortized discount on acquired loans (850) Allowance for loan losses (20,549) Loans receivable, net $ 1,348,432 19

Allowance for Credit Losses - Loans (in thousand, except ratios) December 31, 2025 and Three Months Ended September 30, 2025 and Three Months Ended June 30, 2025 and Three Months Ended December 31, 2024 and Three Months Ended Allowance for Credit Losses (“ACL”) ACL - Loans, at beginning of period $ 22,182 $ 21,347 $ 20,205 $ 21,000 Loans charged off: Commercial/Agricultural real estate — — — — C&I/Agricultural operating — (7) (67) (143) Residential mortgage — — — — Consumer installment (4) — (7) (7) Total loans charged off (4) (7) (74) (150) Recoveries of loans previously charged off: Commercial/Agricultural real estate — — 52 10 C&I/Agricultural operating 2 3 1 1 Residential mortgage — 52 — — Consumer installment 18 3 5 12 Total recoveries of loans previously charged off: 20 58 58 23 Net loan recoveries/(charge-offs) (“NCOs”) 16 51 (16) (127) (Reductions) additions to ACL - Loans via provision for credit losses charged to operations 203 784 1,158 (324) ACL - Loans, at end of period $ 22,401 $ 22,182 $ 21,347 $ 20,549 Average outstanding loan balance $ 1,329,456 $ 1,342,635 $ 1,353,332 $ 1,396,854 Ratios: NCOs (annualized) to average loans 0.00 % (0.02) % 0.00 % 0.04 % Allowance for Credit Losses - Unfunded Commitments: (in thousands) In addition to the ACL - Loans, the Company has established an ACL - Unfunded Commitments of $0.490 million at December 31, 2025, $0.493 million at September 30, 2025, and $0.334 million at December 31, 2024, classified in other liabilities on the consolidated balance sheets. December 31, 2025 and Three Months Ended September 30, 2025 and Three Months Ended June 30, 2025 and Three Months Ended December 31, 2024 and Three Months Ended ACL - Unfunded commitments - beginning of period $ 493 $ 627 $ 435 $ 460 Additions (reductions) to ACL - Unfunded commitments via provision for credit losses charged to operations (3) (134) 192 (126) ACL - Unfunded commitments - End of period $ 490 $ 493 $ 627 $ 334 20

Delinquency Detail Loan balances at amortized cost (in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Past Due Current Total Loans December 31, 2025 Commercial/Agricultural real estate: Commercial real estate $ 471 $ 572 $ 467 $ 1,510 $ 680,136 $ 681,646 Agricultural real estate 192 — — 192 68,850 69,042 Multi-family real estate — — 8,970 8,970 236,521 245,491 Construction and land development 57 — — 57 75,342 75,399 C&I/Agricultural operating: Commercial and industrial 665 — 1,143 1,808 103,948 105,756 Agricultural operating — — — — 33,364 33,364 Residential mortgage: Residential mortgage 1,419 132 44 1,595 120,071 121,666 Purchased HELOC loans 117 — — 117 1,622 1,739 Consumer installment: Originated indirect paper — — — — 2,225 2,225 Other consumer 29 2 1 32 3,965 3,997 Total $ 2,950 $ 706 $ 10,625 $ 14,281 $ 1,326,044 $ 1,340,325 September 30, 2025 Commercial/Agricultural real estate: Commercial real estate $ 3,401 $ 1,063 $ 216 $ 4,680 $ 677,760 $ 682,440 Agricultural real estate 197 — — 197 63,804 64,001 Multi-family real estate — 8,970 — 8,970 228,098 237,068 Construction and land development — — — — 74,354 74,354 C&I/Agricultural operating: Commercial and industrial 277 — 436 713 100,822 101,535 Agricultural operating — — — — 30,078 30,078 Residential mortgage: Residential mortgage 1,114 208 181 1,503 123,331 124,834 Purchased HELOC loans — — — — 1,979 1,979 Consumer installment: Originated indirect paper 18 — — 18 2,548 2,566 Other consumer 6 9 2 17 4,138 4,155 Total $ 5,013 $ 10,250 $ 835 $ 16,098 $ 1,306,912 $ 1,323,010 21

Delinquency Detail (Continued) Loan balances at amortized cost (in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Past Due Current Total Loans June 30, 2025 Commercial/Agricultural real estate: Commercial real estate $ 7,962 $ 170 $ 45 $ 8,177 $ 683,666 $ 691,843 Agricultural real estate — — — — 68,965 68,965 Multi-family real estate — — — — 238,823 238,823 Construction and land development — — — — 70,008 70,008 C&I/Agricultural operating: Commercial and industrial — 1,324 405 1,729 107,319 109,048 Agricultural operating — — — — 31,895 31,895 Residential mortgage: Residential mortgage 2,858 414 566 3,838 121,598 125,436 Purchased HELOC loans — — — — 2,368 2,368 Consumer installment: Originated indirect paper 1 — — 1 2,958 2,959 Other consumer 12 1 — 13 4,262 4,275 Total $ 10,833 $ 1,909 $ 1,016 $ 13,758 $ 1,331,862 $ 1,345,620 December 31, 2024 Commercial/Agricultural real estate: Commercial real estate $ 857 $ 322 $ 367 $ 1,546 $ 705,463 $ 707,009 Agricultural real estate 26 — 556 582 72,156 72,738 Multi-family real estate — — — — 220,706 220,706 Construction and land development — — — — 78,146 78,146 C&I/Agricultural operating: Commercial and industrial 566 50 564 1,180 114,355 115,535 Agricultural operating — — 793 793 30,224 31,017 Residential mortgage: Residential mortgage 1,873 796 500 3,169 128,723 131,892 Purchased HELOC loans — — 117 117 2,839 2,956 Consumer installment: Originated indirect paper 25 — — 25 3,945 3,970 Other consumer 27 — — 27 4,985 5,012 Total $ 3,374 $ 1,168 $ 2,897 $ 7,439 $ 1,361,542 $ 1,368,981 22

Nonaccrual Loans Roll Forward Loan balances at amortized cost (in thousands) Quarter Ended December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Balance, beginning of period $ 15,614 $ 11,609 $ 13,091 $ 13,168 $ 15,042 Additions 483 9,958 600 694 1,054 Charge offs — (7) (72) (21) (138) Transfers to OREO — — — — (201) Payments received (244) (5,934) (1,992) (752) (2,515) Other, net — (12) (18) 2 (74) Balance, end of period $ 15,853 $ 15,614 $ 11,609 $ 13,091 $ 13,168 Other Real Estate Owned Roll Forward (in thousands) Quarter Ended December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Balance, beginning of period $ 876 $ 876 $ 876 $ 891 $ 1,567 Loans transferred in — — — — 201 Real estate transferred in from fixed assets value reduction — — — — (245) Branch properties sales — — — — (637) Sales — — — — — Write-downs (26) — — (15) — Other, net — — — — 5 Balance, end of period $ 850 $ 876 $ 876 $ 876 $ 891 23

The amortized cost, estimated fair value and related unrealized gains and losses on securities available for sale and held to maturity as of December 31, 2025 and December 31, 2024, respectively, were as follows: (in thousands) Available-for-sale securities Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value December 31, 2025 U.S. government agency obligations $ 10,811 $ 15 $ 53 $ 10,773 Mortgage-backed securities 82,264 — 15,579 66,685 Corporate debt securities 42,394 151 1,864 40,681 Asset-backed securities 16,149 10 195 15,964 Total available-for-sale securities $ 151,618 $ 176 $ 17,691 $ 134,103 December 31, 2024 U.S. government agency obligations $ 13,853 $ 28 $ 128 $ 13,753 Mortgage-backed securities 87,762 — 19,376 68,386 Corporate debt securities 44,931 111 3,326 41,716 Asset-backed securities 19,058 43 105 18,996 Total available-for-sale securities $ 165,604 $ 182 $ 22,935 $ 142,851 (in thousands) Held-to-maturity securities Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Estimated Fair Value December 31, 2025 Obligations of states and political subdivisions $ 400 $ — $ 12 $ 388 Mortgage-backed securities 79,810 6 16,087 63,729 Total held-to-maturity securities $ 80,210 $ 6 $ 16,099 $ 64,117 December 31, 2024 Obligations of states and political subdivisions $ 500 $ — $ 22 $ 478 Mortgage-backed securities 85,004 4 19,864 65,144 Total held-to-maturity securities $ 85,504 $ 4 $ 19,886 $ 65,622 The composition of our available for sale portfolios by credit rating as of the dates indicated below was as follows: (in thousands) December 31, 2025 December 31, 2024 Available-for-sale securities Amortized Cost Fair Value Amortized Cost Fair Value U.S. government agency $ 93,075 $ 77,458 $ 94,327 $ 74,910 AAA 4,613 4,595 7,210 7,148 AA 11,536 11,369 19,136 19,077 A 2,250 2,097 5,950 5,620 BBB 40,144 38,584 38,981 36,096 Total available for sale securities $ 151,618 $ 134,103 $ 165,604 $ 142,851 24

The composition of our held to maturity portfolio by credit rating as of the dates indicated was as follows: (in thousands) December 31, 2025 December 31, 2024 Held-to-maturity securities Amortized Cost Fair Value Amortized Cost Fair Value U.S. government agency $ 79,810 $ 63,729 $ 85,004 $ 65,144 A 400 388 500 478 Total $ 80,210 $ 64,117 $ 85,504 $ 65,622 On July 24, 2025, the Board of Directors authorized a stock repurchase program of 5% of the outstanding shares on that date or 499,000 shares, in open market or private transactions. The timing and amount of any share repurchases under this authorization will be determined by management based on market conditions and other considerations. This share repurchase authorization does not obligate the Company to repurchase any shares of its common stock. During the quarter ended December 31, 2025, approximately 250 thousand shares were repurchased under this program. As of December 31, 2025, approximately 113 thousand shares remained available for repurchase. Earnings Per Share (Amounts in thousands, except per share data) Three Months Ended Twelve Months Ended December 31, 2025 September 30, 2025 December 31, 2024 December 31, 2025 December 31, 2024 Basic Net income attributable to common shareholders $ 4,271 $ 3,682 $ 2,702 $ 14,420 $ 13,751 Weighted average common shares outstanding 9,709 9,911 10,023 9,899 10,257 Basic earnings per share $ 0.44 $ 0.37 $ 0.27 $ 1.46 $ 1.34 Diluted Net income attributable to common shareholders $ 4,271 $ 3,682 $ 2,702 $ 14,420 $ 13,751 Weighted average common shares outstanding 9,709 9,911 10,023 9,899 10,257 Add: Dilutive stock options outstanding 10 10 11 8 6 Average shares and dilutive potential common shares 9,719 9,921 10,034 9,907 10,263 Diluted earnings per share $ 0.44 $ 0.37 $ 0.27 $ 1.46 $ 1.34 Common stock issued and outstanding 9,617 9,857 9,982 9,617 9,982 25

Economic Value of Equity Percent Change in Economic Value of Equity (EVE) Change in Interest Rates in Basis Points (“bp”) Rate Shock in Rates (1) At December 31, 2025 At December 31, 2024 +300 bp 6 % 2 % +200 bp 4 % 2 % +100 bp 2 % 1 % -100 bp (4) % (1) % -200 bp (8) % (4) % Net Interest Income Over One Year Horizon Percent Change in Net Interest Income Over One Year Horizon Change in Interest Rates in Basis Points (“bp”) Rate Shock in Rates (1) At December 31, 2025 At December 31, 2024 +300 bp (4) % (8) % +200 bp (2) % (5) % +100 bp (1) % (3) % -100 bp (1) % 2 % -200 bp (1) % 3 % 26

CITIZENS COMMUNITY FEDERAL N.A. Selected Capital Composition Highlights December 31, 2025 (unaudited) September 30, 2025 (unaudited) June 30, 2025 (unaudited) December 31, 2024 (audited) To Be Well Capitalized Under Prompt Corrective Action Provisions Tier 1 leverage ratio (to adjusted total assets) 11.3% 12.2% 12.2% 11.9% 5.0% Tier 1 capital (to risk weighted assets) 13.3% 14.6% 14.4% 14.4% 8.0% Common equity tier 1 capital (to risk weighted assets) 13.3% 14.6% 14.4% 14.4% 6.5% Total capital (to risk weighted assets) 14.5% 15.9% 15.7% 15.6% 10.0% CITIZENS COMMUNITY BANCORP, INC. Selected Capital Composition Highlights December 31, 2025 (unaudited) September 30, 2025 (unaudited) June 30, 2025 (unaudited) December 31, 2024 (audited) For Capital Adequacy Purposes Tier 1 leverage ratio (to adjusted total assets) 9.9% 9.9% 9.8% 9.5% 4.0% Tier 1 capital (to risk weighted assets) 11.6% 11.8% 11.6% 11.4% 6.0% Common equity tier 1 capital (to risk weighted assets) 11.6% 11.8% 11.6% 11.4% 4.5% Total capital (to risk weighted assets) 15.2% 15.5% 16.3% 16.1% 8.0% 27

Fair Value Accounting ASC Topic 820-10, “Fair Value Measurements and Disclosures” establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The topic describes three levels of inputs that may be used to measure fair value: Level 1- Quoted prices (unadjusted) for identical assets or liabilities in active markets that the Company has the ability to access as of the measurement date. Level 2- Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3- Significant unobservable inputs that reflect the Company’s assumptions about the factors that market participants would use in pricing an asset or liability. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input within the valuation hierarchy that is significant to the fair value measurement. The fair value of securities available for sale is determined by obtaining market price quotes from independent third parties wherever such quotes are available (Level 1 inputs); or matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). Where such quotes are not available, we utilize independent third party valuation analysis to support our own estimates and judgments in determining fair value (Level 3 inputs). Fair Value Table The table below represents what we would receive to sell an asset or what we would have to pay to transfer a liability in an orderly transaction between market participants at the measurement date. The carrying amount and estimated fair value of the Company’s financial instruments as of the dates indicated below were as follows: December 31, 2025 Valuation Method Used Carrying Amount Estimated Fair Value Financial assets: Cash and cash equivalents (Level I) $ 118,853 $ 118,853 Securities available for sale “AFS” (Level II) 134,103 134,103 Securities held to maturity “HTM” (Level II) 80,210 64,117 Farmer Mac equity securities (Level I) 505 505 Preferred equity (Level III) 1,125 1,125 Equity investments valued at NAV (1) N/A 4,210 N/A Other investments (Level II) 12,506 12,506 Loans receivable, net (Level III) 1,317,924 1,297,841 Loans held for sale - Residential mortgage (Level I) 2,338 2,338 Loans held for sale - SBA /FSA (Level II) 2,616 2,616 Mortgage servicing rights (Level III) 3,494 4,652 Accrued interest receivable (Level I) 6,126 6,126 Financial liabilities: Deposits (Level III) $ 1,524,099 $ 1,524,015 Other borrowings (Level II) 51,804 49,988 Accrued interest payable (Level I) 3,680 3,680 (1) Investments valued at NAV are excluded from being reported under the fair value hierarchy but are presented to permit reconciliation with the balance sheet in accordance with ASC 820-10-35-54B. 28

2025 Fourth Quarter Results Earnings Release Presentation Exhibit 99.3

Cautionary Notes and Additional Disclosures 2 DATES AND PERIODS PRESENTED Unless otherwise noted, “20YY” refers to either the corresponding fiscal year-end date or the corresponding 12-months (i.e., fiscal year) then ended. “MMM-YY” refers to either the corresponding quarter-end date, or the corresponding three-month period then ended. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This presentation may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, descriptions of the financial condition, results of operations, asset and credit quality trends, profitability, projected earnings, future plans, strategies and expectations of Citizens Community Bancorp, Inc. (“CZWI” or the “Company”) and its subsidiary, Citizens Community Federal, National Association (“CCFBank”) . The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and is including this statement for purposes of complying with those safe harbor provisions. Forward- looking statements, which are based on certain assumptions of the Company, are generally identifiable by use of the words “believe,” “expect,” “estimates,” “intend,” “anticipate,” “estimate,” “project,” “on pace,” “seek,” “target,” “potential,” “focus,” “may,” “preliminary,” “could,” “should” or similar expressions. These forward-looking statements express management’s current expectations or forecasts of future events, and by their nature, are subject to risks and uncertainties. Therefore, there are a number of factors that might cause actual results to differ materially from those in such statements. These uncertainties include: conditions in the financial markets and economic conditions generally; the impact of inflation on our business and our customers; geopolitical tensions, including current or anticipated impact of military conflicts; higher lending risks associated with our commercial and agricultural banking activities; future pandemics (including new variants of COVID-19); cybersecurity risks; adverse impacts on the regional banking industry and the business environment in which the Company and the Bank operate; interest rate risk; lending risk; changes in the fair value or ratings downgrades of our securities; the sufficiency of allowance for credit losses; competitive pressures among depository and other financial institutions; disintermediation risk; our ability to maintain our reputation; our ability to maintain or increase our market share; our ability to realize the benefits of net deferred tax assets; our ability to obtain needed liquidity; our ability to raise capital needed to fund growth or meet regulatory requirements; our ability to attract and retain key personnel; our ability to keep pace with technological change; prevalence of fraud and other financial crimes; the possibility that our internal controls and procedures could fail or be circumvented; our ability to successfully execute our acquisition growth strategy; risks posed by acquisitions and other expansion opportunities, including difficulties and delays in integrating the acquired business operations or fully realizing the cost savings and other benefits; restrictions on our ability to pay dividends; the potential volatility of our stock price; accounting standards for credit losses; legislative or regulatory changes or actions, or significant litigation, adversely affecting the Company or Bank; public company reporting obligations; changes in federal or state tax laws; and changes in accounting principles, policies or guidelines and their impact on financial performance. Stockholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Such uncertainties and other risks that may affect the Company's performance are discussed further in Part I, Item 1A, "Risk Factors," in the Company's Form 10-K, for the year ended December 31, 2024, filed with the Securities and Exchange Commission ("SEC") on March 13, 2025, and the Company's subsequent filings with the SEC. The Company undertakes no obligation to make any revisions to the forward- looking statements contained herein or to update them to reflect events or circumstances occurring after the date hereof. NON-GAAP FINANCIAL MEASURES These slides contain non-GAAP financial measures. For purposes of Regulation G, a non-GAAP financial measure is a numerical measure of the registrant's historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of income, balance sheet or statement of cash flows (or equivalent statements) of the issuer; or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. In this regard, GAAP refers to generally accepted accounting principles in the United States. Non·GAAP financial measures referred to herein include net income as adjusted, EPS as adjusted, ROAA as adjusted, return on average tangible common equity (ROATCE), ROATCE as adjusted, tangible book value, tangible book value per share, efficiency ratio as adjusted and tangible common equity / tangible assets. Reconciliations of all Non·GAAP financial measures used herein to the comparable GAAP financial measures appear in the appendix at the end of this presentation. SOURCE Unless otherwise noted, internal Company documents

Investment Summary Markets EPS expansion, quarterly dividend, and share buyback authorization in place 3 Returns Asset Quality Modest growth markets with diverse industries support steady balance sheet growth Historical charge offs less than 5 bps during the last five years, while maintaining strong ACL reserves Insider Ownership Board and Executive Management, including former chairperson, beneficially own 6% of outstanding shares Balance Sheet Strong capital ratios, solid liquidity and funding to support organic loan growth M & A Fiduciary duty to enhance shareholder value

Performance Objectives Capital Management Credit Financial Performance Culture Exceed 1% ROA and 12% ROATCE through modest organic loan and deposit growth and efficiency ratio in the low to mid 60% range Consumer deposit to business deposit at approximately 50%-50%, broad industry loan exposure, and granularity of individual loan and deposit accounts Minimize net charge offs to less than 5 bps Leadership that engages and empowers colleagues to execute our business strategy with accountability for results 4 Diversification Maintain TCE>8% to support organic loan growth, quarterly dividend and share buybacks, and for M&A activity

Operating Market Overview CZWI Operates in diverse markets within the northwestern region of Wisconsin, metro Twin Cities and the Mankato, Minnesota MSA Source: S&P Global Market Intelligence 0 0 0 0 0 5

$574 $733 $759 $1,177 $1,238 $1,311 $1,412 $1,461 $1,369 $1,353 $1,346 $1,323 $1,340 $558 $743 $747 $1,196 $1,295 $1,388 $1,425 $1,519 $1,488 $1,524 $1,478 $1,481 $1,524 $696 $941 $975 $1,531 $1,649 $1,740 $1,816 $1,851 $1,749 $1,780 $1,735 $1,727 $1,782 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY Mar-25 Jun-25 Sep-25 Dec-25 Franchise Expansion CZWI has transformed the Company from a consumer bank to a commercial bank to strengthen the earnings profile and franchise.  Total Assets Loans Receivable  Total Deposits Source: S&P Global Market Intelligence, company filings 6 July 2019 Assets: $192mm Tomah, WI May 2016 Assets: $154mm Rice Lake, WI 2 Central Bank branches February 2016 Deposits: $27mm Northwestern WI August 2017 Assets: $269mm Wells, MN October 2018 Assets: $269mm Osseo, WI

Values Our six main values are: integrity, commitment, innovation, collaboration, focus, and sustainability. Vision Make more possible for our customers, colleagues, communities, and shareholders! Mission Provide the best products, service, and ideas to our customers every interaction every day. Culture & Engagement 7 2025 2024 20232022 Participation Rate: 95.0%95.1%84.8%91.4% 87.1% 84.0% 80.8% 89.6% 74.1% 87.4% 87.4% 84.2% 76.8% 84.9% 70.2% 90.9% 86.0% 82.9% 82.6% 87.0% 69.4% 87.8% 86.0% 81.4% 82.1% 84.8% 66.5% 89.2% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0% Overall Role Team Supervisor Compensation Organization Colleague Satisfaction Score 2022 2023 2024 2025 Excellent Target

Pre-Provision Net Revenue (PPNR) 8 Pre-Provision Net Revenue (“PPNR”) is defined as net interest income plus total non-interest income minus total non-interest expense. This measure is a non-GAAP financial measure since it excludes the provision for (recovery of) credit losses included in net income. This measure should not be viewed as a substitute for operating results determined in accordance with GAAP. Pre-provision net revenue includes net interest income recognized on the payoff of nonaccrual loans and loans with purchase credit discounts of $0.3 million and $1.1 million for the three-month periods ended September 30, 2025, and June 30, 2025, respectively. Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Pre-tax income 4,885$ 4,535$ 4,047$ 3,974$ 3,358$ Add back provision for credit losses 200 650 1,350 - - Subtract negative provision for credit losses - - - (250) (450) Pre-Provision Net Revenue 5,085$ 5,185$ 5,397$ 3,724$ 2,908$ (000s) Pre-Provision Net Revenue (PPNR) Quarter Ended

Net Income and Diluted EPS Source: S&P Global Market Intelligence, company filings Net Income as Adjusted and Diluted EPS Income as Adjusted are non-GAAP financial measures, which management believes may be helpful in understanding the Company's results of operations or financial position and comparing results over different periods. Reconciliation of Net Income and Diluted EPS Income as Adjusted to the comparable GAAP financial measure can be found in the appendix of this presentation. These measures should not be viewed as a substitute for operating results determined in accordance with GAAP. 9 $12,725 $21,266 $17,761 $13,059 $13,751 $14,420 $3,197 $3,270 $3,682 $4,271 $12,425 $21,339 $18,500 $13,321 $13,883 $14,420 $3,197 $3,270 $3,682 $4,271 $0 $5,000 $10,000 $15,000 $20,000 $25,000 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 Net Income Net Income Net Income as Adjusted Annual vs. Quarterly $1.14 $1.98 $1.69 $1.25 $1.34 $1.46 $0.32 $0.33 $0.37 $0.44 $1.11 $1.99 $1.76 $1.28 $1.35 $1.46 $0.32 $0.33 $0.37 $0.44 $0.00 $0.50 $1.00 $1.50 $2.00 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 Diluted EPS Diluted EPS Diluted EPS Income as Adjusted Annual vs. Quarterly

Book Value, Tangible Book Value and Core Net Revenue Detail Source: S&P Global Market Intelligence, company filings Tangible book value per share is a non-GAAP measure which management believes may be helpful in assessing capital adequacy. The reconciliation of Tangible book value per share can be found in the appendix of this presentation. These measures should not be viewed as substitutes for operating results determined in accordance with GAAP. 10 $11.18 $12.90 $12.77 $13.42 $14.69 $14.79 $15.15 $15.71 $16.23 $14.52 $16.27 $16.03 $16.60 $17.94 $18.02 $18.36 $18.95 $19.54 $0.00 $5.00 $10.00 $15.00 $20.00 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY Mar-25 Jun-25 Sep-25 Dec-25 BOOK VALUE AND TANGIBLE BOOK VALUE PER SHARE TANGIBLE BOOK VALUE PER SHARE BOOK VALUE PER SHARE $43,673 $40,532 $41,743 $40,142 $42,306 $42,936 $- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 2020 2021 2022 2023 2024 2025 CORE NET REVENUE DETAIL ($000) NET INTEREST INCOME NON-INTEREST INCOME NON-INTEREST EXPENSE $68,703 $69,491 $56,581$58,599 $62,327 $66,799

Quarterly data is annualized for the quarterly 2025 information. Return on average assets as adjusted, return on average tangible common equity (ROATCE) and ROATCE as adjusted are non-GAAP measures, which management believes may be helpful in understanding the underlying business performance trends related to average assets and average tangible equity. Reconciliations of ROAA as adjusted, ROTCE, and ROTCE as adjusted can be found in the appendix of this presentation. These measures should not be viewed as substitutes for operating results determined in accordance with GAAP. Return on Average Assets and Return on Average Tangible Common Equity Source: SEC filings and Company documents 11 0.80% 1.23% 1.00% 0.71% 0.76% 0.82% 0.74% 0.75% 0.84% 0.97% 0.78% 1.24% 1.04% 0.73% 0.77% 0.82% 0.74% 0.75% 0.84% 0.97% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 ROAA ROAA ROAA INCOME AS ADJUSTED 12.1% 17.6% 14.4% 10.3% 10.0% 9.9% 9.3% 9.2% 9.8% 11.2% 11.8% 17.6% 14.9% 10.5% 10.1% 9.9% 9.3% 9.2% 9.8% 11.2% 0.0% 5.0% 10.0% 15.0% 20.0% 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 ROATCE ROATCE ROATCE INCOME AS ADJUSTED

Efficiency Ratio, Net Interest Income (NII) and Net Interest Margin (NIM) The efficiency ratio as adjusted is a non-GAAP measure, which management believes may be helpful in understanding the underlying business performance trends related to non-interest expense. A reconciliation of the efficiency ratio as adjusted to its comparable GAAP financial measure can be found in the appendix of this presentation. This measure should not be viewed as a substitute for operating results determined in accordance with GAAP. 12 61% 57% 61% 68% 72% 68% 73% 66% 67% 68% 62% 57% 59% 67% 72% 68% 73% 66% 67% 68% 40% 45% 50% 55% 60% 65% 70% 75% 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 EFFICIENCY RATIO EFFICIENCY RATIO EFFICIENCY RATIO AS ADJUSTED $50,255 $53,667 $56,369 $48,349 $46,474 $51,184 3.40% 3.34% 3.39% 2.81% 2.73% 3.12% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 5.50% 6.00% $- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY NII AND NIM ($000) NET INTEREST INCOME NET INTEREST MARGIN

Citizens Community Bancorp, Inc. Capital Ratios 13 7.7% 7.9% 8.5% 8.9% 9.5% 9.5% 9.8% 9.9% 9.9% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 LEVERAGE RATIO 10.5% 9.7% 9.7% 10.3% 11.4% 11.3% 11.6% 11.8% 11.6% 0.0% 4.0% 8.0% 12.0% Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 COMMON EQUITY TIER 1 RATIO 14.3% 13.1% 14.0% 14.7% 16.1% 16.0% 16.3% 15.5% 15.3% 0.0% 3.0% 6.0% 9.0% 12.0% 15.0% 18.0% Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 TOTAL CAPITAL RATIO Tangible common equity/tangible assets is a non-GAAP measure, which management believes may be helpful in understanding the underlying business performance trends related to tangible assets and tangible common equity. A reconciliation of tangible common equity and tangible assets to its comparable financial measure can be found in the appendix of the presentation. This measure should not be viewed as a substitute for operating results determined in accordance with GAAP. 7.7% 7.9% 7.5% 7.7% 8.5% 8.5% 8.9% 9.1% 8.9% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 TANGIBLE COMMON EQUITY / TANGIBLE ASSETS

CZWI Shares Repurchased and Tangible Common Equity (TCE) as a Percent of Tangible Assets (non-GAAP) Tangible common equity/tangible assets is a non-GAAP measure, which management believes may be helpful in understanding the underlying business performance trends related to tangible assets and tangible common equity. A reconciliation of tangible common equity and tangible assets to its comparable financial measure can be found in the appendix of the presentation. This measure should not be viewed as a substitute for operating results determined in accordance with GAAP. 14 7.7% 7.9% 7.5% 7.7% 8.5% 8.9% 253,431 620,197 128,923 41,646 476,099 385,252 - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY SHARES REPURCHASED AND TCE/TANGIBLE ASSETS TCE RATIO SHARES REPURCHASED

Asset Quality 1.38% 1.29% 1.27% 1.57% 1.50% 1.49% 1.59% 1.68% 1.67% 0.00% 0.50% 1.00% 1.50% 2.00% ALLOWANCE FOR CREDIT LOSSES (ACL) - LOANS 0.70% 0.76% 0.70% 0.83% 0.82% 0.82% 0.75% 0.96% 0.94% 0.00% 0.50% 1.00% 1.50% NON-PERFORMING ASSETS (NPA) / ASSETS 15 150% 143% 157% 169% 154% 148% 176% 141% 141% 0% 50% 100% 150% 200% 250% 300% ACL-LOANS / NON-PERFORMING LOANS (NPL) 0.08% 0.01% 0.03% -0.03% 0.01% 0.00% 0.00% -0.02% 0.00% -0.04% -0.02% 0.00% 0.02% 0.04% 0.06% 0.08% 0.10% NET (RECOVERIES) CHARGE-OFFS/AVERAGE LOANS Quarterly data is annualized for the quarterly 2025 information.

CRE, C&I, Ag. Related, C&D 90% Residential & HELOC 9% Consumer 1% Loan Portfolio 9/30/2016 12/31/2025 CRE, C&I, Ag. Related, C&D 34% Residential & HELOC 33% Consumer 33% 16 (1) Company has no credit card loans. (2) Company has one $5.5 million NDFI loan, which is the senior loan for the Bank Holding Company of an FDIC insured Bank. (3) Average loan yield for Q4 2025 was 5.68% ($000) Sep-16 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Commercial Real Estate $54,600 $425,283 $610,214 $630,857 $653,437 $621,251 $596,063 Housing related CRE $53,475 $204,544 $266,600 $304,022 $325,189 $308,572 $332,733 Commercial & Industrial $31,001 $116,553 $122,167 $136,013 $121,666 $115,657 $105,907 Ag. Real Estate / Ag. Operating $42,845 $101,580 $110,083 $116,714 $109,041 $104,130 $102,511 Construction & Development $16,580 $98,517 $79,520 $102,492 $110,941 $78,489 $75,767 Residential mortgage and Purchased HELOC loans $187,738 $137,646 $94,861 $108,651 $131,901 $135,297 $123,764 Indirect Consumer Installment $168,294 $25,851 $15,971 $10,236 $6,535 $3,970 $2,224 Consumer Installment $19,715 $13,213 $8,874 $7,150 $6,187 $5,012 $3,997 Gross Loans Ex SBA PPP Loans $574,248 $1,123,187 $1,308,290 $1,416,135 $1,464,897 $1,372,378 $1,342,966 SBA PPP Loans $0 $123,702 $8,755 $0 $0 $0 $0 Total Gross Loans $574,248 $1,246,889 $1,317,045 $1,416,135 $1,464,897 $1,372,378 $1,342,966

Deposit Composition Source: S&P Global Market Intelligence, company filings Non Interest Bearing Demand 8% Interest Bearing Demand 9% MMDA & Savings 34% CDs 49% 17 Non Interest Bearing Demand 17% Interest Bearing Demand 24% MMDA & Savings 36% CDs 23% 9/30/2016 12/31/2025 ($000) Sep-16 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Non-interest-bearing demand deposits $45,408 $238,348 $276,631 $284,726 $265,704 $252,656 $264,394 Interest-bearing demand deposits $48,934 $301,764 $396,231 $371,210 $343,276 $355,750 $367,958 Q4 2025 Savings accounts $52,153 $196,348 $222,674 $220,019 $176,548 $159,821 $151,525 Cost of Deposits Money market accounts $137,234 $245,549 $288,985 $323,435 $374,055 $369,534 $392,900 2.12% Certificate accounts $273,948 $313,247 $203,014 $225,334 $359,509 $350,387 $347,322 Total Deposits $557,677 $1,295,256 $1,387,535 $1,424,724 $1,519,092 $1,488,148 $1,524,099 Deposit Composition - Quarter Lookback

$27,565 $30,653 $35,266 $40,904 $51,710 $55,501 $60,212 $61,425 $66,132 $71,270 $69,238 $69,266 $71,404 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Mar-25 Jun-25 Sep-25 Dec-25 TOTAL DEPOSITS, WHOLESALE, AND BRANCH DEPOSITS ($000) Wholesale Deposits Branch Deposits Average Branch Deposits 23 27 28 25 2323 22 $557,677 $742,504 $1,007,512 $1,195,702 $1,295,256 $1,519,092 21 $1,523,654 21 $1,478,416$1,488,148 $1,480,554 21 $1,524,099 212520 Branch Deposit Growth & Efficiency Includes branch acquisitions and consolidations 18 20 White Numbers Indicate Branch Count $1,387,535 $1,424,724 Source: S&P Global Market Intelligence, company filings  The number of branches has increased by one since 2016  17 branches purchased  2 branches opened  18 branches closed, consolidated, or sold

Appendix 19

Net Interest Margin Analysis Source: S&P Global Market Intelligence, company filings 20 Quarter ended December 31, 2025 Quarter ended September 30, 2025 Quarter ended June 30, 2025 Quarter ended March 31, 2025 Interest Average Interest Average Interest Average Interest Average Average Income/ Yield/ Average Income/ Yield/ Average Income/ Yield/ Average Income/ Yield/ ($ Dollars in Thousands) Balance Expense Rate Balance Expense Rate Balance Expense Rate Balance Expense Rate Average interest earning assets: Cash and cash equivalents 84,678$ 842$ 3.94% 62,395$ 693$ 4.41% 44,377$ 493$ 4.46% 47,835$ 524$ 4.44% Loans receivable 1,329,456 19,034 5.68% 1,342,635 19,759 5.84% 1,353,332 20,105 5.96% 1,363,352 18,602 5.53% Investment securities 218,205 1,739 3.16% 220,213 1,738 3.13% 223,318 1,735 3.12% 228,514 1,808 3.21% Non-marketable equity securities, at cost 12,390 156 5.00% 12,373 64 2.05% 12,400 169 5.47% 12,498 169 5.48% Total interest earning assets 1,644,729$ 21,771$ 5.25% 1,637,616$ 22,254$ 5.39% 1,633,427$ 22,502$ 5.53% 1,652,199$ 21,103$ 5.18% Average interest-bearing liabilities: Total deposits 1,233,678$ 7,998$ 2.57% 1,233,572$ 8,220$ 2.64% 1,237,951$ 8,287$ 2.69% 1,258,635$ 8,597$ 2.77% FHLB Advances & Other Borrowings 50,941 708 5.51% 54,389 820 5.98% 61,781 904 5.87% 64,635 912 5.72% Total interest bearing liabilities 1,284,619$ 8,706$ 2.69% 1,287,961$ 9,040$ 2.78% 1,299,732$ 9,191$ 2.84% 1,323,270$ 9,509$ 2.91% Net interest income 13,065$ 13,214$ 13,311$ 11,594$ Interest Rate Spread 2.56% 2.61% 2.69% 2.27% Net interest margin 3.15% 3.20% 3.27% 2.85%

Interest Rate Risk 21 (1) Assumes an immediate and parallel shift in the yield curve at all maturities. Note: The tables above may not be indicative of future results. Change in Interest Rates In Basis Points ("bp") Rate Shock in Rates (1) Percent Change Change in Interest Rates In Basis Points ("bp") Rate Shock in Rates (1) Percent Change +300 bp 6% +300 bp 2% +200 bp 4% +200 bp 2% +100 bp 2% +100 bp 1% -100 bp -4% -100 bp -1% -200 bp -8% -200 bp -4% Change in Interest Rates In Basis Points ("bp") Rate Shock in Rates (1) Percent Change Change in Interest Rates In Basis Points ("bp") Rate Shock in Rates (1) Percent Change +300 bp -4% +300 bp -8% +200 bp -2% +200 bp -5% +100 bp -1% +100 bp -3% -100 bp -1% -100 bp 2% -200 bp -1% -200 bp 3% December 31, 2024December 31, 2025 December 31, 2024December 31, 2025 Economic Value of Equity (EVE) Net Interest Income Over One Year Horizon

22 Reconciliation of Non-GAAP Financial Measures Reconciliation of GAAP Earnings and Core Earnings (non-GAAP): GAAP pre-tax earnings 17,280$ 28,959$ 23,581$ 18,932$ 17,450$ 17,441$ 3,974$ 4,047$ 4,535$ 4,885$ Merger related costs (1) -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Branch closure costs (2) 165$ -$ 981$ 380$ 168$ -$ -$ -$ -$ -$ Settlement proceeds (3) (131)$ -$ -$ -$ -$ -$ -$ -$ -$ -$ FHLB borrowings prepayment fee (4) -$ 102$ -$ -$ -$ -$ -$ -$ -$ -$ Net gain on sale of acquired business lines (5) (432)$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Income before provision for income taxes as adjusted (6) 16,882$ 29,061$ 24,562$ 19,312$ 17,618$ 17,441$ 3,974$ 4,047$ 4,535$ 4,885$ Provision for income tax on pre-tax earnings as adjusted (7) 4,457$ 7,722$ 6,062$ 5,991$ 3,735$ 3,021$ 777$ 777$ 853$ 614$ Total provision for income tax as adjusted 4,457$ 7,722$ 6,062$ 5,991$ 3,735$ 3,021$ 777$ 777$ 853$ 614$ Net income as adjusted (non-GAAP) (6) 12,425$ 21,339$ 18,500$ 13,321$ 13,883$ 14,420$ 3,197$ 3,270$ 3,682$ 4,271$ GAAP diluted earnings per share, net of tax 1.14$ 1.98$ 1.69$ 1.25$ 1.34$ 1.46$ 0.32$ 0.33$ 0.37$ 0.44$ Merger related costs, net of tax -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Branch related costs, net of tax 0.01$ -$ 0.07$ 0.03$ 0.01$ -$ -$ -$ -$ -$ Settlement proceeds (0.01)$ -$ -$ -$ -$ -$ -$ -$ -$ -$ FHLB borrowings prepayment fee -$ 0.01$ -$ -$ -$ -$ -$ -$ -$ -$ Net gain on sale of acquired business lines (0.03)$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Diluted earnings per share, as adjusted, net of tax (non-GAAP) 1.11$ 1.99$ 1.76$ 1.28$ 1.35$ 1.46$ 0.32$ 0.33$ 0.37$ 0.44$ Average diluted shares outstanding 11,161,811 10,726,539 10,513,773 10,470,298 10,262,710 9,906,893 10,000,818 9,997,229 9,920,907 9,719,052 FY 2023FY 2022 Dec-25FY 2020 FY 2021 FY 2025 Mar-25 Jun-25 Sep-25FY 2024

(1) All costs incurred are presented as professional fees and other non-interest expense in the consolidated statement of operations and include costs $0, $0, $0, $0, $0, $0, $0, $0, and $0, for the three months ended December 31, 2025, September 30, 2025, June 30, 2025, March 31, 2025, and years ended December 31, 2024, December 31, 2023, December 31, 2022, December 31, 2021, and December 31, 2020, respectively, which are nondeductible expenses for federal income tax purposes. (2) Branch closure costs include severance pay recorded in compensation and benefits, accelerated depreciation expense and lease termination fees included in occupancy and other costs included in other non-interest expense in the consolidated statement of operations. In addition, other non-interest expense includes costs related to the reduction in valuation of a closed branch office in the fourth quarter of fiscal 2017 and costs associated with three branch closures during the quarter ended December 31, 2020, one branch closure in the quarter ended September 30, 2022, two branch closures in the quarter ended December 31, 2022, and one branch office closure in the quarter ended December 31, 2023. Professional services includes legal costs related to the sale of the Michigan branch included in these Branch closure costs during the quarter ended March 31, 2019. (3) Settlement proceeds includes litigation income from a JP Morgan Residential Mortgage-Backed Security (RMBS) claim. This JP Morgan RMBS was previously owned by the Bank and sold in 2011. (4) The prepayment fee to restructure our FHLB borrowings is included in other non-interest expense in the consolidated statement of operations. (5) Net gain on sale of acquired business lines resulted from (1) the sale of Wells Insurance Agency and (2) the termination and sale of the wealth management business line sales contract acquired in a former acquisition. (6) Pretax net income as adjusted and net income as adjusted are non-GAAP measures that management believes enhances the market’s ability to assess the underlying business performance and trends related to core business activities. (7) Provision for income tax on pre-tax income as adjusted is calculated at our effective tax rate for each respective period presented. 23 Reconciliation of Non-GAAP Financial Measures

Note: All quarterly period ratios are annualized for net income / net income as adjusted. 24 Reconciliation of Non-GAAP Financial Measures 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 Net Income 12,725$ 21,266$ 17,761$ 13,059$ 13,751$ 14,420$ 3,197$ 3,270$ 3,682$ 4,271$ Net Income as adjusted 12,425$ 21,339$ 18,500$ 13,321$ 13,883$ 14,420$ 3,197$ 3,270$ 3,682$ 4,271$ Average assets 1,594,053$ 1,722,483$ 1,775,049$ 1,836,337$ 1,808,256$ 1,749,437$ 1,763,191$ 1,745,897$ 1,735,752$ 1,751,360$ Return on average assets 0.80% 1.23% 1.00% 0.71% 0.76% 0.82% 0.74% 0.75% 0.84% 0.97% Return on average assets as adjusted 0.78% 1.24% 1.04% 0.73% 0.77% 0.82% 0.74% 0.75% 0.84% 0.97% 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 Common Equity 160,564$ 170,866$ 167,088$ 173,334$ 179,084$ 187,939$ 180,051$ 183,462$ 186,815$ 187,939$ Less: Goodwill (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) Less: Core Deposit and other intangibles (5,494) (3,898) (2,449) (1,694) (979) (395) (800) (621) (508) (395) Tangible Common Equity (TCE) 123,572$ 135,470$ 133,141$ 140,142$ 146,607$ 156,046$ 147,753$ 151,343$ 154,809$ 156,046$ Average Tangible Common Equity 115,313$ 127,793$ 131,305$ 132,409$ 142,641$ 150,722$ 146,083$ 149,161$ 152,759$ 155,320$ Net Income 12,725$ 21,266$ 17,761$ 13,059$ 13,751$ 14,420$ 3,197$ 3,270$ 3,682$ 4,271$ Intangible amortization, net of tax 1,194 1,171 1,095 521 563 483 144 145 92 99 Tangible Net Income 13,919$ 22,437$ 18,856$ 13,580$ 14,314$ 14,903$ 3,341$ 3,415$ 3,774$ 4,370$ Net Income as adjusted 12,425$ 21,339$ 18,500$ 13,321$ 13,883$ 14,420$ 3,197$ 3,270$ 3,682$ 4,271$ Intangible amortization, net of tax 1,194 1,171 1,095 521 563 483 144 145 92 99 Tangible Net Income as adjusted 13,619$ 22,510$ 19,595$ 13,842$ 14,446$ 14,903$ 3,341$ 3,415$ 3,774$ 4,370$ ROATCE 12.1% 17.6% 14.4% 10.3% 10.0% 9.9% 9.3% 9.2% 9.8% 11.2% ROATCE as adjusted 11.8% 17.6% 14.9% 10.5% 10.1% 9.9% 9.3% 9.2% 9.8% 11.2% Return on Average Assets (ROAA) as Adjusted Return on Average Tangible Common Equity (ROATCE) as Adjusted (In thousands except ROAA and ROAA as adjusted) (In thousands except ROATCE and ROATCE as adjusted)

Reconciliation of Non-GAAP Financial Measures Note: All quarterly period ratios are annualized for net income / net income as adjusted 25 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 Non-interest Expense (GAAP) 43,673$ 40,532$ 41,743$ 40,142$ 42,306$ 42,936$ 10,463$ 10,750$ 11,051$ 10,672$ Less amortization of intangibles (1,622) (1,596) (1,449) (755) (715) (584) (179) (179) (113) (113) Efficiency ratio numerator 42,051 38,936 40,294 39,387 41,591 42,352 10,284 10,571 10,938 10,559 Merger related costs - - - - - - - - - - Branch Closure costs (165) - (981) (380) (168) - - - - - Audit and financial reporting - - - - - - - - - - Prepayment fee - (102) - - - - - - - - Efficiency ratio numerator as adjusted 41,886$ 38,834$ 39,313$ 39,007$ 41,423$ 42,352$ 10,284$ 10,571$ 10,938$ 10,559$ Non-interest income 18,448$ 15,824$ 10,430$ 10,250$ 10,107$ 11,143$ 2,593$ 2,836$ 3,022$ 2,692$ Net interest income 50,255 53,667 56,369 48,349 46,474 51,184 11,594 13,311 13,214 13,065 Add back net losses on debt and equity securities - - - - (856) - - - (66) - Subtract net gains on debt and equity securities 110 1,224 541 459 - 234 10 99 - 191 Efficiency ratio denominator (GAAP) 68,593 68,267 66,258 58,140 57,437 62,093 14,177 16,048 16,302 15,566 Net gain on sale of branch - - - - - - - - - - Net gain on sale of acquired business l ines (432) - - - - - - - - - Settlement proceeds (131) - - - - - - - - - Efficiency ratio denominator as adjusted 68,030$ 68,267$ 66,258$ 58,140$ 57,437$ 62,093$ 14,177$ 16,048$ 16,302$ 15,566$ Efficiency ratio 61% 57% 61% 68% 72% 68% 73% 66% 67% 68% Efficiency ratio as adjusted 62% 57% 59% 67% 72% 68% 73% 66% 67% 68% 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 Total Stockholders' equity 160,564$ 170,866$ 167,088$ 173,334$ 179,084$ 187,939$ 180,051$ 183,462$ 186,815$ 187,939$ Less: Goodwill (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) Less: Core deposit and intangibles (5,494) (3,898) (2,449) (1,694) (979) (395) (800) (621) (508) (395) Tangible book value (non-GAAP) 123,572$ 135,470$ 133,141$ 140,142$ 146,607$ 156,046$ 147,753$ 151,343$ 154,809$ 156,046$ Shares outstanding 11,056,349 10,502,442 10,425,119 10,440,591 9,981,996 9,617,245 9,989,536 9,991,997 9,856,745 9,617,245 Book Value 14.52$ 16.27$ 16.03$ 16.60$ 17.94$ 19.54$ 18.02$ 18.36$ 18.95$ 19.54$ TBVPS 11.18$ 12.90$ 12.77$ 13.42$ 14.69$ 16.23$ 14.79$ 15.15$ 15.71$ 16.23$ 2020 2021 2022 2023 2024 2025 Mar-25 Jun-25 Sep-25 Dec-25 Total Assets 1,649,095$ 1,739,628$ 1,816,367$ 1,851,391$ 1,748,519$ 1,781,755$ 1,779,963$ 1,735,164$ 1,726,987$ 1,781,755$ Less: Goodwill (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) (31,498) Less: Core deposit and intangibles (5,494) (3,898) (2,449) (1,694) (979) (395) (800) (621) (508) (395) Tangible Assets (non-GAAP) 1,612,103$ 1,704,232$ 1,782,420$ 1,818,199$ 1,716,042$ 1,749,862$ 1,747,665$ 1,703,045$ 1,694,981$ 1,749,862$ Total Stockhoders' Equity/Total Assets 9.7% 9.8% 9.2% 9.4% 10.2% 10.5% 10.1% 10.6% 10.8% 10.6% Tangible Common Equity / Tangible Assets 7.7% 7.9% 7.5% 7.7% 8.5% 8.9% 8.5% 8.9% 9.1% 8.9% (In thousands except Tangible Common Equity / Tangible Asets) Efficiency Ratio as Adjusted Tangible Book Value Per Share (TBVPS) as Adjusted Tangible Common Equity / Tangible Assets (In thousands except Efficiency Ratio and Efficiency Ratio as adjusted) (In thousands except Shares Outstanding, Book Value and TBVPS)

Source: S&P Global Market Intelligence, eauclairedevelopment.com, greatermankato.com, Google Images, US Bureau of Labor Statistics Eau Claire MSA:  Features a broad-based, diverse economy, which is driven by commercial, housing, retail and medical industries. Mankato MSA:  The Mankato market also possesses a broad-based, diverse economy, which is driven by manufacturing, agribusiness, health care and education. Mankato Area EmployersEau Claire Area Employers Market Demographics 26 4.0% 2.1% 2.1% 2.2% 2.5% 2.5% 3.6% 2.0% 1.8% 1.6% 1.9% 2.9% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% Nov-20 Nov-21 Nov-22 Nov-23 Nov-24 Nov-25 MSA Unemployment Rates Eau Claire MSA Mankato MSA

Leadership Team Mr. Stephen M. Bianchi, also known as Steve, has been the Chief Executive Officer and President of Citizens Community Bancorp, Inc. and Citizens Community Federal since June 24, 2016. He has been Chairman of Citizens Community Bancorp, Inc. since October 2018 and Citizens Community Federal National Association. As a banking veteran with 40 years of experience, Mr. Bianchi served in several senior management positions at Wells Fargo Bank and with Associated Bank. He served as the Chief Executive Officer at HF Financial Corp. from October 2011 and its President from April 2010 to May 2015. Mr. Bianchi served as the Chief Executive Officer and President of Home Federal Bank, a subsidiary of HF Financial Corp. from August 2012 to May 2015. He served as the Interim Chief Executive Officer and Interim President of HF Financial Corp. from October 2011 until July 2012. Mr. Bianchi served as Senior Vice President at Associated Bank, where he served as Minnesota Regional President and Minnesota Regional Commercial Banking Manager from July 2006 to April 2010. Before that, he served as Twin Cities Business Banking Manager for Wells Fargo Bank, where he held several other management positions over 14 years. He has been a Director of Citizens Community Bancorp, Inc. since May 25, 2017. He has been a Director of Citizens Community Federal since June 24, 2016. Mr. Bianchi received his B.S. degree in Finance and M.B.A. from Providence College. Stephen M. Bianchi Chairman of the Board President & CEO Mr. James S. Broucek, also known as Jim, has been Chief Financial Officer and Principal Accounting Officer at Citizens Community Bancorp, Inc and Citizens Community Federal since October 31, 2017. He serves as Executive Vice President, CFO, Treasurer, and Secretary of Citizens Community Bancorp, Inc. and of Citizens Community Federal National Association. He served as a Senior Manager of Wipfli LLP (“Wipfli”) from December 2013 to October 2017. Before joining Wipfli, Mr. Broucek held several positions with TCF Financial Corporation (“TCF Financial”) and its subsidiaries from 1995 to 2013, with his last position being Treasurer of TCF Financial. Prior to joining TCF Financial, Mr. Broucek served as the Controller of Great Lakes Bancorp. Mr. Broucek is a banking veteran with 40 years of experience. Mr. Broucek holds a B.A. in mathematics and business administration with a concentration in accounting from Hope College. James S. Broucek Executive VP, CFO Principal Accounting Officer, Treasurer & Secretary 27


001-33003						20-5120010
(Commission File Number)						(I.R.S. Employer Identification No.)


☐						Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐						Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐						Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $.01 par value per share	CZWI	NASDAQ Global Market


99.1			Press Release dated January 26, 2026
99.2			Earnings Release Supplement dated January 26, 2026

99.3			Earnings Release Presentation dated January 26, 2026
104			The cover page from this Current Report on Form 8-K in Inline XBRL (Extensible Business Reporting Language)