secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS HOLDING CO /MS/ (CIZN)
CIK:        0001075706
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001193125-22-268362
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Holding Q3 net income $2.58M, EPS $0.46, up 37% YoY
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- Net income $2,580k ($0.46 diluted EPS) vs $1,880k ($0.34) in Q3 2021, increase of 37.2%.
- Total revenues $12,999k, up 5.5% from Q2 2022; net interest margin expanded to 2.90% from 2.74% a year ago.
- Non-performing assets fell to $4,429k (77 bps of loans) from $7,071k in Q3 2021, down 37.4%.
- Dividends held at $0.72 per share for the nine months; net recoveries of $459k year-to-date.
- Provision release of $53k driven by lower loan balances; allowance for loan losses 0.88% of loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075706/000119312522268362/0001193125-22-268362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075706/000119312522268362/d252676d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-268362

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