---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021142"
form_type: "8-K"
ticker: "CIZN"
cik: "0001075706"
company_name: "CITIZENS HOLDING CO /MS/"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:44:44.181707+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Citizens Holding Q2 net income drops 88% YoY to $300K; dividend cut to $0.16

## Summary
- Net income $300K ($0.05 diluted EPS) vs $2.5M ($0.45) in Q2 2022, decline of 88.19%.
- Net interest margin compressed to 2.55% from 2.78% YoY; funding costs surged to 147 bps from 33 bps.
- Dividend reduced to $0.16/share for Q2 2023 from $0.24; yield approx 5%.
- Non-performing assets improved to 0.72% of loans vs 0.84% YoY; ACL increased to 1.11% from 0.86%.
- Total deposits $1.103B, down slightly; loan growth modest at 1.32% linked-quarter.

## SEC filing metadata
- accession: 0001437749-23-021142
- form_type: 8-K
- ticker: CIZN
- cik: 0001075706
- company_name: CITIZENS HOLDING CO /MS/
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075706/000143774923021142/0001437749-23-021142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075706/000143774923021142/cizn20230731_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021142
- JSON: https://secwatch.observer/filing/0001437749-23-021142.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021142.txt

## Key facts
- Earnings Releases
  CITIZENS HOLDING CO /MS/ reported three and six months ended June 30, 2023 results: revenue Total revenues, or interest and non-interest income, for the three months ended June 30, 2023 totaled $13,422, net income Net income for the six months ended June 30, 2023 was $1,440, EPS $0.26 per share-basic and diluted.
  - Period: three and six months ended June 30, 2023
  - Revenue: Total revenues, or interest and non-interest income, for the three months ended June 30, 2023 totaled $13,422
  - Net income: Net income for the six months ended June 30, 2023 was $1,440
  - EPS: $0.26 per share-basic and diluted
  - Result: reported results
  source text: Citizens Holding Company (the “Company”) (NASDAQ:CIZN) announced today results of operations for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1075706/000143774923021142/0001437749-23-021142-index.htm

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