Citizens Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Interest Income on Loans	38.38	34.82	30.62
Interest Income on Investments	14.98	14.75	15.08
Total Interest Income	53.36	49.57	45.71
Interest Paid on Deposits	12.08	12.82	8.11
Interest Paid on Borrowings	1.18	1.19	1.37
Total Interest Expense	13.26	14.01	9.48
Net Interest Income	40.11	35.56	36.23
Net Interest Income Growth (YoY)	12.79%	-1.84%	-
Gain (Loss) on Sale of Assets	0.09	-	-
Gain (Loss) on Sale of Investments	-0.09	-	-0.02
Other Non-Interest Income	1.94	1.56	1.57
Total Non-Interest Income	8.23	7.51	7.28
Non-Interest Income Growth (YoY)	9.70%	3.05%	-
Revenues Before Loan Losses	48.34	43.07	43.51
Provision for Loan Losses	1.51	0.19	0.35
Revenue	46.83	42.88	43.16
Revenue Growth (YoY)	9.22%	-0.64%	-
Salaries and Employee Benefits	17.77	15.53	14.84
Occupancy Expenses	2.68	2.42	2.66
Federal Deposit Insurance	0.5	0.49	0.53
Selling, General & Administrative	2.89	2.77	1.65
Other Non-Interest Expense	8.97	8.68	9.25
Total Non-Interest Expense	32.83	29.92	29.04
EBT Excluding Unusual Items	14	12.96	14.12
Pretax Income	13.57	12.96	14.07
Income Tax Expense	2.55	2.7	2.91
Net Income	11.02	10.26	11.17
Net Income to Common	11.02	10.26	11.17
Net Income Growth	7.48%	-8.16%	-
Basic Shares Outstanding	2	2	2
Diluted Shares Outstanding	2	2	2
Shares Change (YoY)	-0.75%	-0.14%	-
EPS (Basic)	5.65	5.21	5.67
EPS (Diluted)	5.45	5.03	5.47
EPS Growth	8.35%	-8.04%	-
Dividend Per Share	0.440	0.420	0.400
Dividend Growth	4.76%	5.00%	-
Effective Tax Rate	18.78%	20.85%	20.65%

Source: S&P Capital IQ. Banks template. Financial Sources.