Citizens Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	25.34	25.97	22.24	16.24	14.64
Interest Income on Investments	14.19	14.1	13.96	8.12	1.9
Total Interest Income	39.53	40.07	36.2	24.36	16.54
Interest Paid on Deposits	6.92	5.11	1.97	0.63	0.51
Interest Paid on Borrowings	0	-	0	0	0.02
Total Interest Expense	6.92	5.11	1.97	0.63	0.53
Net Interest Income	32.61	34.97	34.22	23.72	16.01
Net Interest Income Growth (YoY)	-6.73%	2.17%	44.26%	48.20%	11.20%
Gain (Loss) on Sale of Assets	0.45	0	-	-	-
Other Non-Interest Income	3.2	3.12	4.02	4.88	2.99
Total Non-Interest Income	5.06	4.6	5.5	6.55	4.64
Non-Interest Income Growth (YoY)	9.97%	-16.32%	-15.98%	41.09%	-53.05%
Revenues Before Loan Losses	37.68	39.57	39.72	30.27	20.65
Provision for Loan Losses	3.52	3.48	3.68	0.1	0.05
Revenue	34.16	36.09	36.05	30.17	20.6
Revenue Growth (YoY)	-5.37%	0.14%	19.47%	46.47%	-8.74%
Salaries and Employee Benefits	9.49	9.42	9.39	8.82	7.74
Occupancy Expenses	1.48	1.51	1.45	1.44	1.37
Selling, General & Administrative	2.94	2.73	3.31	2.53	1.84
Other Non-Interest Expense	6.41	5.72	5.92	4.97	4.44
Total Non-Interest Expense	20.39	19.37	20.08	17.75	15.38
EBT Excluding Unusual Items	13.77	16.72	15.97	12.42	5.22
Pretax Income	13.77	16.72	15.97	12.42	5.22
Income Tax Expense	3.18	3.85	3.67	2.98	1.16
Net Income	10.59	12.88	12.29	9.44	4.06
Preferred Dividends & Other Adjustments	2.2	1.27	0.27	0.23	0.14
Net Income to Common	8.38	11.61	12.02	9.21	3.92
Net Income Growth	-17.80%	4.74%	30.28%	132.41%	-22.19%
Basic Shares Outstanding	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2
Shares Change (YoY)	-1.16%	-5.66%	-3.34%	0.88%	-1.38%
EPS (Basic)	4.72	6.47	6.27	4.64	1.97
EPS (Diluted)	4.56	6.24	6.10	4.51	1.94
EPS Growth	-26.92%	2.30%	35.25%	132.47%	-23.92%
Dividend Per Share	1.100	1.000	0.750	0.500	0.400
Dividend Growth	10.00%	33.33%	50.00%	25.00%	14.29%
Effective Tax Rate	23.12%	23.00%	23.01%	24.00%	22.15%

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