Citizens Bancshares Corporation (CZBS)
OTCMKTS
· Delayed Price · Currency is USD
50.71
+0.71 (1.42%)
Dec 24, 2024, 4:00 PM EST
Citizens Bancshares Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | 2017 - 2013 |
|---|---|---|---|---|---|---|---|
Period Ending | Dec '22 Dec 31, 2022 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | 2017 - 2013 |
| Interest Income on Loans | 16.24 | 16.24 | 14.64 | 13.81 | 14.2 | 12.9 | Upgrade
|
| Interest Income on Investments | 8.12 | 8.12 | 1.9 | 1.95 | 2.87 | 3.02 | Upgrade
|
| Total Interest Income | 24.36 | 24.36 | 16.54 | 15.76 | 17.07 | 15.92 | Upgrade
|
| Interest Paid on Deposits | 0.63 | 0.63 | 0.51 | 1.29 | 1.6 | 0.97 | Upgrade
|
| Interest Paid on Borrowings | 0 | 0 | 0.02 | 0.08 | 0.09 | 0.12 | Upgrade
|
| Total Interest Expense | 0.63 | 0.63 | 0.53 | 1.37 | 1.69 | 1.1 | Upgrade
|
| Net Interest Income | 23.72 | 23.72 | 16.01 | 14.39 | 15.38 | 14.82 | Upgrade
|
| Net Interest Income Growth (YoY) | 60.04% | 48.20% | 11.20% | -6.40% | 3.76% | 7.03% | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | 0.18 | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | - | - | 0.16 | - | Upgrade
|
| Other Non-Interest Income | 4.88 | 4.88 | 2.99 | 8.14 | 1.33 | 1.68 | Upgrade
|
| Total Non-Interest Income | 6.55 | 6.55 | 4.64 | 9.89 | 4.96 | 5.36 | Upgrade
|
| Non-Interest Income Growth (YoY) | 22.21% | 41.09% | -53.05% | 99.27% | -7.41% | 10.79% | Upgrade
|
| Revenues Before Loan Losses | 30.27 | 30.27 | 20.65 | 24.28 | 20.34 | 20.18 | Upgrade
|
| Provision for Loan Losses | 0.1 | 0.1 | 0.05 | 1.71 | 0.17 | - | Upgrade
|
| Revenue | 30.17 | 30.17 | 20.6 | 22.57 | 20.17 | 20.18 | Upgrade
|
| Revenue Growth (YoY) | 49.50% | 46.47% | -8.74% | 11.89% | -0.05% | 8.01% | Upgrade
|
| Salaries and Employee Benefits | 8.82 | 8.82 | 7.74 | 7.43 | 7.14 | 6.84 | Upgrade
|
| Occupancy Expenses | 1.44 | 1.44 | 1.37 | 1.38 | 1.53 | 1.76 | Upgrade
|
| Selling, General & Administrative | 2.53 | 2.53 | 1.84 | 1.6 | 0.93 | 1 | Upgrade
|
| Other Non-Interest Expense | 4.97 | 4.97 | 4.44 | 5.35 | 5.8 | 5.48 | Upgrade
|
| Total Non-Interest Expense | 17.75 | 17.75 | 15.38 | 15.78 | 15.42 | 15.11 | Upgrade
|
| EBT Excluding Unusual Items | 12.42 | 12.42 | 5.22 | 6.79 | 4.75 | 5.07 | Upgrade
|
| Pretax Income | 12.42 | 12.42 | 5.22 | 6.79 | 4.75 | 5.07 | Upgrade
|
| Income Tax Expense | 2.98 | 2.98 | 1.16 | 1.57 | 1 | 1.12 | Upgrade
|
| Net Income | 9.44 | 9.44 | 4.06 | 5.22 | 3.75 | 3.95 | Upgrade
|
| Preferred Dividends & Other Adjustments | 0.23 | 0.23 | 0.14 | - | - | - | Upgrade
|
| Net Income to Common | 9.21 | 9.21 | 3.92 | 5.22 | 3.75 | 3.95 | Upgrade
|
| Net Income Growth | 138.90% | 132.41% | -22.19% | 39.22% | -5.11% | 145.10% | Upgrade
|
| Basic Shares Outstanding | 2 | 2 | 2 | 2 | 2 | 2 | Upgrade
|
| Diluted Shares Outstanding | 2 | 2 | 2 | 2 | 2 | 2 | Upgrade
|
| Shares Change (YoY) | -2.96% | 0.88% | -1.38% | -8.66% | 6.79% | -2.15% | Upgrade
|
| EPS (Basic) | 4.64 | 4.64 | 1.97 | 2.61 | 1.79 | 1.88 | Upgrade
|
| EPS (Diluted) | 4.51 | 4.51 | 1.94 | 2.55 | 1.67 | 1.88 | Upgrade
|
| EPS Growth | 139.90% | 132.47% | -23.92% | 52.69% | -11.17% | 176.47% | Upgrade
|
| Dividend Per Share | 0.500 | 0.500 | 0.400 | 0.350 | 0.300 | 0.250 | Upgrade
|
| Dividend Growth | 100.00% | 25.00% | 14.29% | 16.67% | 20.00% | 212.50% | Upgrade
|
| Effective Tax Rate | 24.00% | 24.00% | 22.15% | 23.17% | 21.10% | 22.15% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.