Community Financial Services, Inc. Increases Dividend to $1.25 Per Share

The Board of Directors of Community Financial Services, Inc., the holding company for Community Financial Services Bank (CFSB), has declared a cash dividend of $1.25 per share, payable on November 3, 2025, to shareholders of record as of October 1, 2025. This represents a 25% increase from the $1.00 per share dividend declared in 2024.

As of September 30, 2025 (preliminary), CFSB reported total assets of approximately $1.4 billion and maintained a Tier-1 leverage ratio above 9.5%. Year-to-date net income totaled approximately $11.7 million, producing a return on assets of 1.13% and a return on equity of 15.6%. Loan growth remains strong, and delinquency levels continue to run below state peer averages, reflecting disciplined credit management and strong asset quality. CFSB was also named as one of Kentucky’s Best Places to Work for the sixth year in a row.

In August, Community Financial Services, Inc. further strengthened its balance sheet by refinancing senior notes, paying down $5 million and refinancing $15 million, while also retiring a $1.4 million holding company note. These actions resulted in a total debt reduction of $6.4 million, improving capital flexibility and lowering future interest expense.

“Our team continues to deliver strong results while remaining focused on serving our customers and communities,” said J. Michael Radcliffe, Chairman and CEO of Community Financial Services, Inc. “This dividend increase reflects the solid performance of our bank, our disciplined financial management, and the confidence we have in the future of our organization and the communities we serve.”