secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS HOLDING CO /MS/ (CIZN)
CIK:        0001075706
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001193125-21-309360
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Holding Q3 2021 net income $0.34/share, down 9.75% YoY; NIM improves to 2.74%
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- Net income for Q3 2021 was $1.88M ($0.34 per share), down from $2.08M ($0.37) in Q3 2020.
- Nine-month net income increased 20.8% to $5.68M ($1.02 per share) vs $4.70M ($0.84) prior year.
- Net interest margin improved to 2.74% for Q3, up 17 bps from linked quarter; provision for loan losses was $968K mainly due to one relationship.
- Non-performing assets decreased 20.1% sequentially to $7.07M, down 49.75% year-over-year.
- Noninterest income rose 24.9% in Q3 2021 vs Q3 2020, driven by mortgage origination and investment security gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075706/000119312521309360/0001193125-21-309360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075706/000119312521309360/d244718d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-309360

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