A Brief History of Civista Bancshares, Inc. (CIVB)

Civista Bancshares, Inc. is a financial holding company based in Sandusky, Ohio. The company operates through its subsidiary, Civista Bank, which provides a range of financial services to individuals and businesses in Ohio and Indiana.

Civista Bancshares was originally founded in 1884 as the Citizens Banking Company. Over the years, the company expanded its presence in Ohio through a series of mergers and acquisitions, eventually rebranding as Civista Bank in 2015.

In 2017, Civista Bancshares completed its initial public offering and began trading on the NASDAQ stock exchange under the ticker symbol CIVB. This move allowed the company to raise capital to support further growth and expansion.

• 2018: Civista Bancshares acquired United Community Bancorp, expanding its footprint into Indiana.
• 2019: The company opened a new branch in Cleveland, Ohio, further solidifying its presence in the state.
• 2020: Despite the challenges posed by the COVID-19 pandemic, Civista Bancshares remained resilient and continued to serve its customers through digital banking and other remote services.

Today, Civista Bancshares, Inc. continues to grow and adapt to the changing financial landscape, offering innovative solutions to meet the needs of its customers while upholding its commitment to community banking.

Who Owns Civista Bancshares, Inc. (CIVB)

Civista Bancshares, Inc. (CIVB) is a publicly traded company, which means that ownership of the company is divided among shareholders who own shares of the company's stock. As of the most recent data available, the top institutional shareholders of Civista Bancshares, Inc. are as follows:

• The Vanguard Group, Inc.: The Vanguard Group is one of the largest investment management companies in the world and holds a significant stake in Civista Bancshares, Inc.
• BlackRock, Inc.: BlackRock is another major institutional investor that owns a considerable portion of Civista Bancshares, Inc.
• Dimensional Fund Advisors LP: Dimensional Fund Advisors is a global investment firm that also holds a significant position in Civista Bancshares, Inc.
• State Street Corporation: State Street Corporation is a leading financial services company that is among the top institutional shareholders of Civista Bancshares, Inc.

Individual investors also own shares of Civista Bancshares, Inc., but the institutional investors listed above represent some of the largest shareholders of the company. It's important to note that ownership of publicly traded companies can change over time as investors buy and sell shares.

At Civista Bancshares, our mission is to build financial relationships one customer at a time by providing unparalleled service and customized banking solutions to meet the unique needs of individuals, businesses, and communities we serve. We are committed to delivering exceptional value through innovative products, responsive support, and a deep understanding of our customers' goals and aspirations.

Our dedicated team is focused on fostering long-term partnerships based on trust, integrity, and reliability. We strive to empower our customers to achieve their financial objectives and secure their futures through sound advice, personalized guidance, and access to cutting-edge banking technologies.

• Customer-Centric Approach: We prioritize the needs and preferences of our customers in everything we do, ensuring that their experience with Civista Bancshares is positive, rewarding, and hassle-free.
• Community Involvement: We are deeply committed to the communities we serve, volunteering our time, resources, and expertise to support local initiatives, charitable organizations, and economic development efforts.
• Financial Excellence: We uphold the highest standards of financial stability, accountability, and transparency, earning the trust and confidence of our customers, shareholders, and regulators.
• Ongoing Innovation: We continuously seek new ways to enhance the banking experience for our customers, embracing digital advancements, operational efficiencies, and industry best practices.
• Growth and Sustainability: We are dedicated to achieving long-term growth and profitability while maintaining a steadfast commitment to sustainability, ethical business practices, and prudent risk management.

How Civista Bancshares, Inc. (CIVB) Works

Civista Bancshares, Inc. is a financial holding company that operates primarily through its subsidiary, Civista Bank. The company provides a range of banking and financial services to individuals, businesses, and municipalities in Ohio. Here is how Civista Bancshares, Inc. works:

• Banking Services: Civista Bank offers a variety of traditional banking services, including checking and savings accounts, loans, mortgages, and credit cards. Customers can access these services through online and mobile banking platforms, as well as through a network of branch locations.
• Commercial Banking: Civista Bancshares, Inc. also caters to the needs of businesses with services such as commercial lending, treasury management, and merchant services. The company works closely with business clients to help them achieve their financial goals.
• Investment Services: In addition to banking services, Civista Bancshares, Inc. offers investment services through its subsidiary, Civista Wealth Management. This includes financial planning, investment management, and retirement planning for individuals and businesses.
• Community Involvement: Civista Bancshares, Inc. is committed to giving back to the communities it serves. The company supports various community organizations and initiatives through donations, sponsorships, and volunteer efforts.

Overall, Civista Bancshares, Inc. works to provide comprehensive banking and financial solutions while serving the needs of its customers and communities.

How Civista Bancshares, Inc. (CIVB) Makes Money

Civista Bancshares, Inc. (CIVB) is a financial holding company that operates primarily through its subsidiary, Civista Bank. The company generates revenue through various channels, primarily through traditional banking activities:

• Interest Income: Civista Bancshares generates a significant portion of its revenue through interest income on loans and securities. The company offers a wide range of lending products, including commercial loans, residential mortgages, and consumer loans, which allows it to earn interest income from borrowers.
• Non-Interest Income: In addition to interest income, Civista also generates revenue through non-interest income sources. This includes fees from services such as deposit account maintenance fees, wealth management services, and insurance products.
• Investment Activities: Civista Bancshares also generates revenue through its investment activities. The company invests in various securities, such as government bonds and corporate bonds, to earn investment income.
• Deposit Accounts: Civista attracts deposits from customers by offering various deposit products, such as savings accounts, checking accounts, and certificates of deposit. By using these deposits for lending and investment activities, the company is able to generate revenue through the interest earned on these deposits.
• Loan Servicing Fees: Another source of revenue for Civista comes from loan servicing fees. These fees are charged to borrowers for services such as processing loan payments, managing escrow accounts, and providing customer support throughout the life of the loan.