Citizens Holding Company (CIZN)

Citizens Holding Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	46.46	32.78	27.2	31.21	30.94
Interest Income on Investments	19.99	16.51	12.5	7.3	9.62
Total Interest Income	66.45	49.28	39.7	38.51	40.56
Interest Paid on Deposits	20.14	12.25	2.54	4.26	6.56
Interest Paid on Borrowings	11.69	7.15	2.25	0.76	0.87
Total Interest Expense	31.83	19.41	4.79	5.02	7.43
Net Interest Income	34.62	29.88	34.91	33.49	33.13
Net Interest Income Growth (YoY)	15.88%	-14.41%	4.23%	1.09%	29.23%
Gain (Loss) on Sale of Assets	4.54	-	-	-	-
Gain (Loss) on Sale of Investments	-2.56	-1.99	-	1.38	0.83
Other Non-Interest Income	6.1	6.95	6.8	6.95	6.28
Total Non-Interest Income	12.03	8.75	10.69	11.83	10.46
Non-Interest Income Growth (YoY)	37.56%	-18.19%	-9.62%	13.11%	11.55%
Revenues Before Loan Losses	46.66	38.63	45.6	45.33	43.59
Provision for Loan Losses	0.83	0.67	0.12	1.41	1.49
Revenue	45.82	37.96	45.48	43.92	42.11
Revenue Growth (YoY)	20.73%	-16.54%	3.56%	4.29%	22.26%
Salaries and Employee Benefits	19.99	18.45	17.49	18.3	17.31
Selling, General & Administrative	8.69	8.54	8.18	7.87	8.17
Other Non-Interest Expense	10.24	9.19	8.46	8.27	7.72
Total Non-Interest Expense	38.91	36.18	34.17	35.35	33.43
EBT Excluding Unusual Items	6.91	1.78	11.31	8.57	8.68
Pretax Income	6.91	1.78	11.5	8.93	8.68
Income Tax Expense	1.42	-0.07	1.88	1.43	1.75
Net Income	5.49	1.85	9.62	7.49	6.93
Net Income to Common	5.49	1.85	9.62	7.49	6.93
Net Income Growth	196.17%	-80.73%	28.37%	8.12%	17.44%
Basic Shares Outstanding	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6
Shares Change (YoY)	0.17%	0.15%	0.15%	0.08%	10.14%
EPS (Basic)	0.98	0.33	1.72	1.34	1.24
EPS (Diluted)	0.98	0.33	1.72	1.34	1.24
EPS Growth	196.62%	-80.81%	28.36%	8.06%	6.39%
Dividend Per Share	0.640	0.720	0.960	0.960	0.960
Dividend Growth	-11.11%	-25.00%	-	-	-
Effective Tax Rate	20.55%	-	16.36%	16.03%	20.18%

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