Citizens Financial Services, Inc. · NASDAQ:CZFS
Citizens Financial Services — Shareholder Meeting (April 2023)
24 slides from Citizens Financial Services's shareholder meeting presentation, Apr 21, 2023
Slide 1: Citizens Financial Services, Inc.
Citizens Financial Services, Inc.
Slide 2: First Citizens Community Bank
FIRST CITIZENS COMMUNITY BANK
Slide 3: CZFS Historical Total Return
CZFS Historical Total Return 232% 198% 41% 31% 6% [| mid ea _ mn 1% 10% 170% | -18% ~ -17% 2022 Return 3-Year Return 5-Year Return 10-Year Return = CZFS mM S&P 500 = S&P US $1.0B - $5.0B Banks @ S&P US BMI Banks Note: S&P US $1.08 - $5.08 Banks indexis made up of 97 NYSE & NASDAQ traded banks that h
Slide 4: S&P i
Z 500 S&P i "Dex 60.60 809 25.95 NASDAQIOO DJI 5 35.95 1,544.91 Ss naa iroes 9140.20 $P500 "rasa | soft 2 % . OM, COMCAST Srersico | @ amazon — BP PayPal Ca = ican PEP AAPL sBux * AMZN pve. *0.40% | AVEO wail a CITIZENS FINANCIAL SERVICES INCORPORATED CITIZENS
Slide 5: 2022 Financial Performance
.< 2022 Financial Performance
Slide 6: Efficiency Ratio History
Efficiency Ratio History Finished in the 100th percentile compared to the CZFS peer group for 2022
Slide 7: Return on Equity History
Return on Equity History Finished in the 69th percentile compared to the CZFS peer group for 2022
Slide 8: Return on Assets History
Return on Assets History Finished in the 94th percentile compared to the CZFS peer group for 2022
Slide 9: Cash Dividends Paid History
Cash Dividends Paid History 1% stock dividend paid in 2018, 2019, 2020, 2021, and 2022
Slide 10: 2022 Major Initiatives
.< 2022 Major Initiatives
Slide 11: Major Initiatives
Major Initiatives Opened branches in Ephrata, PA and Greenville, DE
Slide 12: Major Initiatives
Major Initiatives Opened branches in Ephrata, PA and Greenville, DE Received approval to open a branch in Williamsport, PA
Slide 13: Major Initiatives
Major Initiatives Opened branches in Ephrata, PA and Greenville, DE Received approval to open a branch in Williamsport, PA Created a FCCB digital strategy
Slide 14: Major Initiatives
Major Initiatives Opened branches in Ephrata, PA and Greenville, DE Received approval to open a branch in Williamsport, PA Created a FCCB digital strategy Invested in technology and third-party partnerships
Slide 15: Major Initiatives
Major Initiatives Opened branches in Ephrata, PA and Greenville, DE Received approval to open a branch in Williamsport, PA Created a FCCB digital strategy Invested in technology and third-party partnerships Announced the acquisition of HVB
Slide 16: 2022 Community Support
.< 2022 Community Support
Slide 17: Community Support
Community Support Donated $350,000 to 47 educational enrichment programs
Slide 18: Community Support
Community Support Donated $350,000 to 47 educational enrichment programs Provided $100,000 to support affordable housing
Slide 19: Community Support
Community Support Donated $350,000 to 47 educational enrichment programs Provided $100,000 to support affordable housing Contributed $50,000 to support workforce development
Slide 20: Community Support
Community Support Donated $350,000 to 47 educational enrichment programs Provided $100,000 to support affordable housing Contributed $50,000 to support workforce development Partnered with Central PA Foodbank and Delaware Foodbank
Slide 21: Community Support
Community Support Donated $350,000 to 47 educational enrichment programs Provided $100,000 to support affordable housing Contributed $50,000 to support workforce development Partnered with Central PA Foodbank and Delaware Foodbank Supported Raise the Region
Slide 22: Community Support
Community Support Donated $350,000 to 47 educational enrichment programs Provided $100,000 to support affordable housing Contributed $50,000 to support workforce development Partnered with Central PA Foodbank and Delaware Foodbank Supported Raise the Region Received the Bank On Certification
Slide 23: What's in store for 2023?
What’s in store for 2023? Economic Interest Rate Cycle / Economic Concerns HVB Close and Integration
Slide 24: Thank you
Thank you To the entire FCCB TEAM!
Citizens Financial Services — Shareholder Meeting (April 2023) on 6ix