---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-001964"
form_type: "8-K"
ticker: "CIZN"
cik: "0001075706"
company_name: "CITIZENS HOLDING CO /MS/"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:02:53.221638+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Citizens Holding Q4 2022 net income $2.46M ($0.44/sh), up 36% YoY; book value falls 63% on AOCI loss

## Summary
- FY 2022 net income $9.62M ($1.47/sh), up 28.4% from $7.49M ($1.34/sh) in 2021.
- Q4 2022 net interest margin 2.87%, down from 2.90% linked Qtr; cost of funds up 101% QoQ.
- Book value per share $6.97, down 63% YoY from $18.95 due to $71.3M unrealized securities loss.
- Non-performing assets to loans improved to 74 bps from 77 bps linked Qtr and 113 bps YoY.
- Dividend unchanged at $0.96/sh for FY 2022; payout ratio fell to 55.8% from 71.6%.

## SEC filing metadata
- accession: 0001437749-23-001964
- form_type: 8-K
- ticker: CIZN
- cik: 0001075706
- company_name: CITIZENS HOLDING CO /MS/
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075706/000143774923001964/0001437749-23-001964-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075706/000143774923001964/cizn20230127_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-001964
- JSON: https://secwatch.observer/filing/0001437749-23-001964.json
- Plain text: https://secwatch.observer/filing/0001437749-23-001964.txt

## Key facts
- Earnings Releases
  CITIZENS HOLDING CO /MS/ reported three and twelve months ended December 31, 2022 results: net income $9,620, or $1.47 per share-basic and diluted, EPS $1.47 per share-basic and diluted.
  - Period: three and twelve months ended December 31, 2022
  - Net income: $9,620, or $1.47 per share-basic and diluted
  - EPS: $1.47 per share-basic and diluted
  - Result: reported results
  source text: Net income for the twelve months ended December 31, 2022 was $9,620, or $1.47 per share-basic and diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1075706/000143774923001964/0001437749-23-001964-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.