UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------------------------------|--------------------------------------------------------|---------------- ...

Financial Data and Key Metrics Changes - The company reported net income of $9.6 million or $0.64 per diluted share for Q3 2021, and $29.6 million or $1.90 per diluted share for the nine months ending September 30, 2021 [7] - Earnings per share for the quarter increased by 33.3% compared to Q3 2020 and 39.7% compared to the first nine months of 2020 [8] - Net interest income increased by $592,000 or 2.5% over the linked quarter and by $2.4 million or 11% year over year [16] - The net interest margin was 3.62% for the quarter, slightly lower than the previous year but higher than the linked quarter [17] Business Line Data and Key Metrics Changes - Excluding PPP loans, loans grew by 3% or 12% on an annualized basis, with the largest increase in commercial real estate [12] - Non-interest income declined by $814,000 or 11.2% compared to the linked quarter but increased by $2.3 million or 11.4% year over year [21] - Mortgage banking remains the largest driver of non-interest income, with third-quarter gains on the sale of mortgage loans at $1.6 million, down from $2.2 million in the linked quarter [23] Market Data and Key Metrics Changes - Total deposits increased by $245.4 million or 11.2% since the beginning of the year, with significant growth in non-interest bearing demand accounts [33] - The criticized loan portfolio declined from $148.1 million at the end of 2020 to $106.1 million at September 30, 2021, indicating improved asset quality [35] Company Strategy and Development Direction - The company is focused on growing and diversifying revenue streams while managing expenses effectively [8][29] - There is an ongoing strategy to leverage a new digital banking platform, with plans to roll out online account openings [44] - The company is actively engaging in discussions for potential mergers and acquisitions, indicating a strategic interest in growth through consolidation [54] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism despite challenges such as labor shortages and supply chain issues affecting customers [43] - The company anticipates that most remaining PPP phase two loans will be forgiven by the end of 2021 [44] - There is a focus on maintaining a solid loan pipeline and expectations for continued loan growth in the mid-single digits for 2021 [32][66] Other Important Information - The company announced a quarterly dividend of $0.14, representing an annualized yield of 2.41% [9] - Share repurchases totaled 404,620 shares during the quarter, with a year-to-date total of 909,859 shares [41] Q&A Session Summary Question: Inquiry about software maintenance expenses and digital banking platform - Management indicated that the run rate for software maintenance expenses is expected to be around $200,000 per quarter going forward, with no additional expenses anticipated for the online account opening feature [46][48] Question: Discussion on new loan yields and margin competition - Management noted that competition remains strong in the commercial real estate loan market, with no significant ability to pass on treasury rate increases to customers [49] Question: Breakdown of mortgage activity - The breakdown for September showed 64% of mortgage activity was for purchases and 36% for refinancing, a trend that has been consistent [51] Question: Capital allocation strategy and M&A appetite - Management confirmed ongoing discussions with smaller banks for potential M&A opportunities, indicating a more active landscape than usual [54] Question: Outlook for balance sheet and expenses - Management expects core expenses to grow in the range of 2% to 4% year-over-year, with wage inflation being a significant factor [58][59]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------------------------------|--------------------------------------------------------|--------------------- ...

Civista Bancshares, Inc. (NASDAQ:CIVB) Q2 2021 Earnings Conference Call July 23, 2021 1:00 PM ET Company Participants Dennis Shaffer – President and Chief Executive Officer Rich Dutton – Senior Vice President and Chief Operating Officer Chuck Parcher – Senior Vice President and Chief Lending Officer Paul Stark – Senior Vice President Conference Call Participants Terry McEvoy – Stephens Nick Cucharale – Piper Sandler Tim Switzer – KBW Russell Gunther – D.A. Davidson Operator Good afternoon and welcome to Civ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------------------------------|--------------------------------------------------------|-------------------- ...

Civista Bancshares, Inc. (NASDAQ:CIVB) Q1 2021 Earnings Conference Call April 23, 2021 1:00 PM ET Company Participants Dennis Shaffer - President and CEO Rich Dutton - SVP and COO Chuck Parcher - SVP and CLO Paul Stark - CCO Conference Call Participants Terry McEvoy - Stephens Nick Cucharale - Piper Sandler Michael Perito - KBW Russell Gunther - D.A. Davidson Bryce Rowe - Hovde Operator Good afternoon everyone and welcome to the Civista Bancshares Incorporated Q1 2021 Earnings Conference Call. All participa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-36192 Civista Bancshares, Inc. (Exact name of registrant as specified in its charter) Ohio 34-1558688 State or other jurisdiction of (IRS Employ ...

Civista Bancshares, Inc. (NASDAQ:CIVB) Q4 2020 Earnings Conference Call February 5, 2021 1:00 PM ET Company Representatives Dennis Shaffer - President, Chief Executive Officer Rich Dutton - Senior Vice President, Chief Operating Officer Chuck Parcher - Senior Vice President, Chief Lending Officer Paul Stark - Chief Credit Officer Conference Call Participants Michael Schiavone - KBW Terry McEvoy - Stephens Nick Cucharale - Piper Sandler Russell Gunther - D.A. Davidson Joe Plevelich - Boenning & Scattergood B ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------------------------------|--------------------------------------------------------|---------------- ...

Civista Bancshares, Inc. (NASDAQ:CIVB) Q3 2020 Earnings Conference Call October 23, 2020 1:00 PM ET Company Participants Dennis Shaffer - President and CEO Paul Stark - SVP Rich Dutton - Senior Vice President and Chief Operating Officer Chuck Parcher - Senior Vice President and Chief Lending Officer Conference Call Participants Terry McEvoy - Stephens Michael Schiavone - KBW Nick Cucharale - Piper Sandler Russell Gunther - D.A. Davidson Joe Plevelich - Boenning & Scattergood Kevin Swanson - Hovde Group Oper ...