What are Citizens Financial Services Inc's Business Segments?
An operating segment is defined as a component of an enterprise that engages in
business activities that generates revenue and incurs expense, and the operating
results of which are reviewed by the chief operating decision maker in the determination
of resource allocation and performance. While the Company’s chief decision
makers monitor the revenue streams of the various Company’s products and
services, operations are managed and financial performance is evaluated on a Company-wide
basis. Consistent with our internal reporting, the Company’s business activities
are reported as one segment, which is community banking.
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