Citizens Holding Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
For the year, the company's net income decreased 7.1% to $6.784 million, or $1.39 per diluted share from $7.218 million, or $1.49 per basic and diluted share for the year ended December 31, 2011. Net interest income was $28.68 million compared to $30.33 million last year. Net income before taxes was $8.44 million compared to $8.54 million last year. Return on average assets was 0.81% compared to 0.87% last year. Return on average equity was 7.71% compared to 8.78% last year. Book value per share was $18.28 compared to $17.77 per share last year.