Company profile

Ticker
CZFS
Exchange
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
232265045

Calendar

7 May 20
8 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 1.73M 1.73M 1.74M 1.72M
Net income 4.53M 5.04M 5.2M 4.85M
Diluted EPS 1.29 1.43 1.48 1.38
Net profit margin 263% 292% 298% 282%
Net change in cash 3M -1.57M 3.62M -1.37M
Cash on hand 21.52M 18.52M 20.09M 16.47M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 6.93M 6.51M 48.09M 43.01M
Net income 19.49M 18.03M 13.03M 12.64M
Diluted EPS 5.53 5.09 3.67 3.57
Net profit margin 281% 277% 27.08% 29.39%
Net change in cash 1.72M -1.72M 763K -6.63M
Cash on hand 18.52M 16.8M 18.52M 17.75M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
30 Jun 20 Landy R Joseph COMMON CLASS Gift Dispose G No 0 20 0 21,105.703
26 Jun 20 Chappell Robert W COMMON CLASS Other Aquire J No 50 83.996 4.2K 8,483.615
26 Jun 20 Kosa E Gene COMMON CLASS Other Aquire J No 50 51.35 2.57K 5,257.383
26 Jun 20 Landy R Joseph COMMON CLASS Other Aquire J No 50 209.146 10.46K 21,125.703
26 Jun 20 Graham Roger C JR COMMON CLASS Other Aquire J No 50 497.122 24.86K 50,209.286
0.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 2 3 -33.3%
Opened positions 0 0
Closed positions 1 0 NEW
Increased positions 0 1 EXIT
Reduced positions 0 2 EXIT
13F shares
Current Prev Q Change
Total value 828K 2.89M -71.3%
Total shares 13.46K 49.41K -72.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
First National Trust 9.85K $606K 0.0%
Emerald Advisers 3.61K $222K 0.0%
Largest transactions
Shares Bought/sold Change
Banc Funds 0 -35.95K EXIT
Emerald Advisers 3.61K 0 0.0%
First National Trust 9.85K 0 0.0%

Financial report summary

?
Management Discussion
  • Non-interest income increased $651,000 in 2019 from 2018, or 8.4%.  We experienced a $24,000 net gain on available for sale securities in 2019 compared to a net loss totaling $19,000 in 2018. During 2019, we sold 3 agency securities for a net gain of $1,000 and 4 US Treasury securities for a gain of $23,000 to fund loan growth and to restructure the investment portfolio to improve performance in the current rate environment. During 2018, we sold 7 agency securities for a net loss of $179,000 and 14 municipal securities for a gain of $160,000 to fund loan growth. As a result of market conditions, the equity portfolio increased $120,000 during 2019, while remaining flat in 2018.
  • Gains on loans sold increased $91,000 compared to last year. During 2019, the Bank generated $21.8 million of residential mortgage loan sale proceeds, which was $2.1 million, or 10.6% more than the proceeds received in 2018.
  • The increase in brokerage and insurance commissions was primarily attributable to growth in our south central market. The increase in Trust revenues is due to estate settlement fees being higher in 2019 than 2018.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: Adminstration, aid, analytical, arate, Basel, book, Bulletin, calendar, CBLR, CECL, chain, challenging, citing, closure, covid, criteria, curtailing, cutting, cybersecurity, deferral, Delaware, deliver, divided, Dover, ease, easier, effort, elevated, emergency, energy, evolving, exacerbated, expedient, extent, forgiven, franchise, global, governmental, grace, graduating, Guillaume, heightened, hospitality, Hotel, household, hurt, instability, insufficient, intensity, interbank, intraperiod, Joint, labor, lead, led, leisure, LIBOR, light, malware, mandatory, modification, monetary, narrow, nongovernmental, November, occupancy, opted, pandemic, paragraph, paused, Paycheck, people, phishing, plant, plowing, PPP, prevent, pursue, qualify, qualifying, recession, reform, reliable, relief, remeasure, rental, responding, restaurant, restore, resuming, revert, road, robust, round, SBA, small, snow, stemming, Stephen, strained, strength, submitting, supply, technology, temporarily, threshold, travel, turn, uncertain, unfavorable, unfunded, uninterrupted, unprecedented, unstable, usage, vacancy, waive, widespread, Wilmington, workforce, world
Removed: addressed, addressing, advance, attractive, begun, callable, captive, carryover, certainty, classify, computed, conclusion, coupon, decision, depository, determinable, encounter, exercising, expired, Fed, frozen, funded, leased, lessee, lessor, Mickey, notification, pattern, prescribed, profit, reconciliation, referred, renew, renewal, renewed, retroactive, separately, settled, settling, sharing, slowdown, Specifically, Targeted, undiscounted