Citizens Holding Company Announces Earnings Results for Fourth Quarter and Full Year Ended December 31, 2015
For the year, the company reported interest income of $30,965,000, net interest income of $27,888,000, net income before taxes of $10,068,000, net income of $7,589,000 or $1.56 per diluted share compared to the interest income of $31,381,000, net interest income of $28,363,000, net income before taxes of $9,278,000, net income of $7,450,000 or $1.53 per diluted share for the previous year. Return on average assets was 0.80% compared to 0.84% a year ago. Return on average equity was 9.01% compared to 10.17% a year ago. Book value per share as of December 31, 2015 was $17.73 against $16.78 as of December 31, 2014.