Citizens Holding (CIZN) Reports Q4 EPS of $0.48

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Citizens Holding Company Reports Earnings

January 25, 2016 5:00 PM EST

PHILADELPHIA, Miss.--(BUSINESS WIRE)-- Citizens Holding Company (NASDAQ: CIZN) announced today results of operations for the three and twelve months ended December 31, 2015.

Net income for the three months ended December 31, 2015 was $2.330 million, or $0.48 per share-basic and diluted, up from $1.662 million, or $0.34 per share-basic and diluted for the same quarter in 2014. Net interest income for the fourth quarter of 2015, after the provision for loan losses, was $6.801 million, approximately 0.9% higher than the same period in 2014. The provision for loan losses for the three months ended December 31, 2015 was $148 thousand compared to $145 thousand for... More