Gregory L. McKee
On April 25, 2023, Gregory L. McKee retired as Chief Executive Officer (“CEO”) and President of Citizens Holding Company (“Citizens”)
Highest-materiality recent filing
Citizens Holding to voluntarily delist from Nasdaq, move to OTCQX
Company will delist from Nasdaq by Dec 15, 2023; expects to begin trading on OTCQX Market on Dec 18, 2023 under symbol CIZN.
Citizens Holding declares $0.16 quarterly dividend; yield ~6%
Dividend of $0.16 per share payable Dec 29, 2023 to holders of record Dec 15, 2023.
Citizens Holding Company announces voluntary delisting from Nasdaq, will trade on OTCQX
Last trading day on Nasdaq expected on or about December 15, 2023.
Citizens Holding Q3 net income $0.22/sh down 53% YoY; NIM 2.40%
Q3 net income $1.2M ($0.22/sh), up 302% linked quarter but down 53.2% YoY from $2.6M ($0.46/sh).
Citizens Holding declares $0.16 quarterly dividend, ~6% yield
Dividend of $0.16 per share payable Sept 29, 2023 to holders of record Sept 22, 2023.
Citizens Holding Q2 net income drops 88% YoY to $300K; dividend cut to $0.16
Net income $300K ($0.05 diluted EPS) vs $2.5M ($0.45) in Q2 2022, decline of 88.19%.
Citizens Holding cuts quarterly dividend to $0.16; cites technology investments
Quarterly cash dividend reduced to $0.16 per share, payable June 30, 2023.
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.
Citizens Holding CEO Gregory McKee retires; Stacy Brantley named CEO/President
Gregory L. McKee retired as CEO and President effective April 25, 2023; remains on board.
Citizens Holding elects four directors; say-on-pay passes with 92% support, auditor ratified
Four Class III directors elected (Crosswhite, Dungan, Mars, Webb) to terms expiring 2026, each with over 94% of votes cast.
Citizens Holding declares $0.24 Q1 cash dividend, payable March 31
Declares $0.24 per share cash dividend for Q1 2023, payable March 31 to holders of record March 17.
Citizens Holding Q4 2022 net income $2.46M ($0.44/sh), up 36% YoY; book value falls 63% on AOCI loss
FY 2022 net income $9.62M ($1.47/sh), up 28.4% from $7.49M ($1.34/sh) in 2021.
Citizens Holding hires Stacy M. Brantley as President and CEO of The Citizens Bank
Stacy M. Brantley appointed President of Citizens Holding and CEO of The Citizens Bank, effective Feb 13, 2023.
Gregory L. McKee retires as President & CEO of The Citizens Bank effective Jan 31, 2023.
Citizens Holding declares $0.24 Q4 dividend, payable Dec 30
Cash dividend of $0.24 per share for Q4 2022 declared by Board.
Citizens Holding Q3 net income $2.58M, EPS $0.46, up 37% YoY
Net income $2,580k ($0.46 diluted EPS) vs $1,880k ($0.34) in Q3 2021, increase of 37.2%.
Citizens Holding declares $0.24 Q3 dividend, payable Sept 30
Cash dividend of $0.24 per share declared for Q3 2022.
Citizens Holding Q2 net income $2.54M ($0.45/sh), up 33% YoY; NIM expands to 2.78%
Net income $2.54M ($0.45 diluted EPS) vs $1.91M ($0.34) in Q2 2021, up 33.25%.
Citizens Holding declares $0.24 Q2 dividend payable June 30, 2022
Cash dividend of $0.24 per share declared for Q2 2022.
Shareholders elect three Class II directors and approve say-on-pay at annual meeting
David A. King, Greg L. McKee, Terrelle E. Winstead elected as Class II directors for three-year terms expiring 2025.
Citizens Holding Q1 net income $2.0M, $0.36 EPS, up 7.3% YoY; revenue down 5.9%
Net income $2,036k ($0.36/share) vs $1,897k ($0.34) in Q1 2021, up 7.3%.
Citizens Holding declares $0.24 Q1 cash dividend, payable March 31
Cash dividend of $0.24 per share declared for Q1 2022.
Citizens Holding Q4 net income $1.81M ($0.32/share), down 18.7% YoY; full-year EPS $1.34, up 8.1%
Full-year net income $7.49M ($1.34/share) vs. $6.93M ($1.24) in 2020, up 8.12%.
Citizens Holding declares $0.24 Q4 cash dividend payable Dec 31, 2021
Dividend of $0.24 per share declared by Board of Directors.
Citizens Holding Q3 2021 net income $0.34/share, down 9.75% YoY; NIM improves to 2.74%
Net income for Q3 2021 was $1.88M ($0.34 per share), down from $2.08M ($0.37) in Q3 2020.
Citizens Holding declares Q3 2021 cash dividend of $0.24 per share
Dividend of $0.24 per share declared, payable September 30, 2021.
Citizens Holding Q2 net income $1.9M ($0.34/sh), up 30.4% YoY; NIM improves to 2.57%
Net income $1,907K ($0.34/sh) vs $1,462K ($0.26/sh) in Q2 2020; 6-month net income $3,804K ($0.68/sh), up 45%.
On April 25, 2023, Gregory L. McKee retired as Chief Executive Officer (“CEO”) and President of Citizens Holding Company (“Citizens”)
the Nominating Committee of the Board of Directors of Citizens appointed Stacy M. Brantley as CEO and President of Citizens, effective April 25, 2023.
As previously announced, effective January 31, 2023, Gregory L. McKee will retire as President and CEO of the Bank but remain as CEO of Citizens.
Stacy M. Brantley will be appointed as the President of Citizens and Chief Executive Officer (“CEO”) of the Bank.
Gregory L. McKee will retire as the President and Chief Executive Officer ("CEO") of the Bank but will remain as President and CEO of Citizens to help in the CEO transition.
Max materiality 0.80 · Median 0.55 · Most common event dividend