secwatch.observer — SEC 8-K summary
======================================

Issuer:     CITIZENS HOLDING CO /MS/ (CIZN)
CIK:        0001075706
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001437749-23-011335
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Holding Q1 net income drops 44% to $1.14M; EPS $0.20 vs $0.36 YoY
--------------------------------------------------------------------------

- Net income $1.14M ($0.20 EPS), down 44% from $2.04M ($0.36 EPS) in Q1 2022.
- Total revenue $13.4M, up 15.6% YoY, driven by 21.9% increase in interest income.
- Net interest margin fell to 2.56% from 2.69% a year ago; interest expense rose.
- Book value per share $7.35, down 34.8% from $11.27 a year ago due to securities losses.
- Non-performing assets decreased to $4.18M from $4.98M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923011335/0001437749-23-011335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923011335/cizn20230427_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-011335

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