secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS HOLDING CO /MS/ (CIZN)
CIK:        0001075706
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001437749-23-001964
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923001964/0001437749-23-001964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923001964/cizn20230127_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001964

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer