secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS HOLDING CO /MS/ (CIZN)
CIK:        0001075706
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001437749-23-029569
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Holding Q3 net income $0.22/sh down 53% YoY; NIM 2.40%
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- Q3 net income $1.2M ($0.22/sh), up 302% linked quarter but down 53.2% YoY from $2.6M ($0.46/sh).
- Nine-month net income $2.6M ($0.47/sh), down 63% from $7.2M ($1.28/sh) in 2022.
- Net interest margin compressed to 2.40% from 2.55% in Q2 and 2.90% in Q3 2022.
- Loans grew 2.2% to $587.2M; deposits up 8.3% to $1.195B; NPAs at 0.68%.
- Quarterly dividend $0.16/share; nine-month dividends $0.56 vs $0.72 in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923029569/0001437749-23-029569-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075706/000143774923029569/cizn20231031_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-029569

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