Citizens Holding (CIZN) Reports Q2 EPS of $0.37

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Citizens Holding Company Reports Earnings

July 21, 2015 4:00 PM EDT

PHILADELPHIA, Miss.--(BUSINESS WIRE)-- Citizens Holding Company (NASDAQ: CIZN) announced today results of operations for the three and six months ended June 30, 2015.

Net income for the three months ended June 30, 2015 was $1.828 million, or $0.37 per share-basic and diluted, down from $2.093 million, or $0.43 per share-basic and diluted for the same quarter in 2014. Net interest income for the second quarter of 2015, after the provision for loan losses, was $6.878 million, approximately 1.5% lower than the same period in 2014, due to a decrease in interest income and an increase in interest expense offset by a decrease in... More