Citizens Holding (CIZN) Reports Q3 EPS of $0.36

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Citizens Holding Company Reports Earnings

October 21, 2016 4:15 PM EDT

PHILADELPHIA, Miss.--(BUSINESS WIRE)-- Citizens Holding Company (NASDAQ: CIZN) announced today results of operations for the three and nine months ended September 30, 2016.

Net income for the three months ended September 30, 2016 was $1.752 million, or $0.36 per share-basic and diluted, down from $1.837 million, or $0.38 per share-basic and diluted for the same quarter in 2015. Net interest income for the third quarter of 2016, after the provision for loan losses, was $6.637 million, approximately 3.6% lower than the same period in 2015. The provision for loan losses for the three months ended September 30, 2016 was $183 thousand compared to $142 thousand for... More