Citizens Holding Q2 net income $1.9M ($0.34/sh), up 30.4% YoY; NIM improves to 2.57%

CITIZENS HOLDING CO /MS/

2021-Q2 EPS reported $0.68

Net income $1,907K ($0.34/sh) vs $1,462K ($0.26/sh) in Q2 2020; 6-month net income $3,804K ($0.68/sh), up 45%.
Obtained $20M line of credit, injected $18M into bank; Tier 1 Leverage Ratio rose from 6.76% to 8.25%.
NIM expanded 25 bps to 2.57% from 2.32% prior quarter; cost of funds fell 24 bps YoY to 50 bps.
Provision for loan losses dropped to $319K YTD from $936K YoY; non-performing assets down 40.6% YoY.
Dividends unchanged at $0.48 per share for six-month period; noninterest expense up 6.33% YTD.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.