Citizens Bancshares Corporation (CITZ)

Citizens Bancshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	153.06	139.54
Investment Securities	237.91	214.32
Total Investments	237.91	214.32
Gross Loans	575.85	544.06
Allowance for Loan Losses	-6.31	-5.9
Net Loans	569.54	538.16
Property, Plant & Equipment	29.14	28.44
Goodwill	18.48	18.48
Other Intangible Assets	4.59	5.3
Accrued Interest Receivable	3.7	3.28
Long-Term Deferred Tax Assets	3.1	3.16
Other Real Estate Owned & Foreclosed	0.97	1.09
Other Long-Term Assets	12.52	11.75
Total Assets	1,033	963.52
Interest Bearing Deposits	667.58	605.08
Institutional Deposits	16.92	16.42
Non-Interest Bearing Deposits	232.19	231.63
Total Deposits	916.69	853.13
Short-Term Borrowings	2.43	3.34
Current Portion of Leases	0.12	-
Accrued Interest Payable	0.87	0.68
Long-Term Debt	24.57	24.51
Long-Term Leases	0.38	0.32
Other Long-Term Liabilities	3.06	4.32
Total Liabilities	948.11	886.3
Common Stock	2.39	2.39
Additional Paid-In Capital	8	8
Retained Earnings	95.54	86.1
Treasury Stock	-8.75	-8.1
Comprehensive Income & Other	-12.26	-11.17
Shareholders' Equity	84.92	77.23
Total Liabilities & Equity	1,033	963.52
Total Debt	27.5	28.17
Net Cash (Debt)	362.15	324.34
Net Cash Growth	11.66%	-
Net Cash Per Share	177.74	158.95
Filing Date Shares Outstanding	1.95	1.97
Total Common Shares Outstanding	1.95	1.97
Book Value Per Share	43.52	39.19
Tangible Book Value	61.85	53.44
Tangible Book Value Per Share	31.69	27.12

Source: S&P Global Market Intelligence. Banks template. Financial Sources.