Citizens Holding Company (CIZN)

Citizens Holding Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	43.12	32.78	27.2	31.21	30.94	24.65
Interest Income on Investments	20.6	16.51	12.5	7.3	9.62	10.71
Total Interest Income	63.72	49.28	39.7	38.51	40.56	35.36
Interest Paid on Deposits	20.22	12.25	2.54	4.26	6.56	7.72
Interest Paid on Borrowings	10.8	7.15	2.25	0.76	0.87	2
Total Interest Expense	31.02	19.41	4.79	5.02	7.43	9.72
Net Interest Income	32.7	29.88	34.91	33.49	33.13	25.64
Net Interest Income Growth (YoY)	4.36%	-14.41%	4.22%	1.09%	29.23%	-4.68%
Gain (Loss) on Sale of Investments	-4.55	-1.99	-	1.38	0.83	0.19
Other Non-Interest Income	6.52	6.95	6.8	6.95	6.28	4.77
Total Non-Interest Income	10.44	8.75	10.69	11.83	10.46	9.38
Non-Interest Income Growth (YoY)	0.86%	-18.19%	-9.62%	13.11%	11.55%	9.03%
Revenues Before Loan Losses	43.14	38.63	45.6	45.33	43.59	35.02
Provision for Loan Losses	0.6	0.67	0.12	1.41	1.49	0.57
Revenue	42.54	37.96	45.48	43.92	42.11	34.44
Revenue Growth (YoY)	3.53%	-16.54%	3.56%	4.29%	22.26%	-2.05%
Salaries and Employee Benefits	19.25	18.45	17.49	18.3	17.31	14.72
Occupancy Expenses	-	-	-	-	-	2.59
Selling, General & Administrative	9.89	8.54	8.18	7.87	8.17	3.37
Other Non-Interest Expense	9.32	9.19	8.46	8.27	7.72	6.88
Total Non-Interest Expense	38.46	36.18	34.17	35.35	33.43	27.56
EBT Excluding Unusual Items	4.08	1.78	11.31	8.57	8.68	6.89
Pretax Income	4.08	1.78	11.5	8.93	8.68	7.26
Income Tax Expense	0.7	-0.07	1.88	1.43	1.75	1.35
Net Income	3.38	1.85	9.62	7.49	6.93	5.9
Net Income to Common	3.38	1.85	9.62	7.49	6.93	5.9
Net Income Growth	-33.86%	-80.73%	28.37%	8.12%	17.43%	-11.55%
Basic Shares Outstanding	6	6	6	6	6	5
Diluted Shares Outstanding	6	6	6	6	6	5
Shares Change (YoY)	0.16%	0.15%	0.15%	0.08%	10.14%	3.41%
EPS (Basic)	0.60	0.33	1.72	1.34	1.24	1.17
EPS (Diluted)	0.60	0.33	1.72	1.34	1.24	1.17
EPS Growth	-34.01%	-80.81%	28.36%	8.06%	6.39%	-14.30%
Dividend Per Share	0.640	0.720	0.960	0.960	0.960	0.960
Dividend Growth	-20.00%	-25.00%	0%	0%	0%	0%
Effective Tax Rate	17.16%	-	16.36%	16.03%	20.18%	18.66%

Source: S&P Capital IQ. Banks template. Financial Sources.