10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-12-224481 |
| Period End Date | 20120331 |
| Filing Date | 20120510 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | cizn-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$6.68M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$7.07M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$35.41M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$20.23M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$3.99M | USD | Point-in-time |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$6.00M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
22.50M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
22.50M | shares | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecurities
|
$374.51M | USD | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecurities
|
$383.92M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.85M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.84M | shares | Point-in-time |
| Loans, net of allowance for loan losses of $7,072,345 in 2012 and $6,681,412 in 2011 |
LoansAndLeasesReceivableNetReportedAmount
|
$382.58M | USD | Point-in-time |
| Accumulated other comprehensive income, applicable taxes |
AccumulatedOtherComprehensiveIncomeLossTax
|
$1.60M | USD | Point-in-time |
| Loans, net of allowance for loan losses of $7,072,345 in 2012 and $6,681,412 in 2011 |
LoansAndLeasesReceivableNetReportedAmount
|
$377.35M | USD | Point-in-time |
| Accumulated other comprehensive income, applicable taxes |
AccumulatedOtherComprehensiveIncomeLossTax
|
$2.64M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$20.00M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$20.28M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$4.87M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$4.69M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$4.45M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$4.79M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$20.38M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$20.56M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.23M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.18M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$4.26M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$4.85M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$853.95M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$845.57M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$112.15M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$116.89M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$178.62M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$172.59M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$44.38M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$41.88M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$240.98M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$248.52M | USD | Point-in-time |
| Total deposits |
Deposits
|
$583.67M | USD | Point-in-time |
| Total deposits |
Deposits
|
$572.34M | USD | Point-in-time |
| Federal funds purchased |
FederalFundsPurchased
|
$11.20M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$120.22M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$80.36M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$68.50M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$78.50M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$343.19K | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$372.37K | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$5.09M | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$5.31M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.35M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.11M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$767.87M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$760.49M | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,854,411 shares outstanding at March 31, 2012 and 4,843,911 shares outstanding at December 31, 2011 |
CommonStockValue
|
$970.88K | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,854,411 shares outstanding at March 31, 2012 and 4,843,911 shares outstanding at December 31, 2011 |
CommonStockValue
|
$968.78K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.25M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.40M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$77.42M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$78.02M | USD | Point-in-time |
| Accumulated other comprehensive income, net of applicable taxes of $1,604,668 in 2012 and $2,643,070 in 2011 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.70M | USD | Point-in-time |
| Accumulated other comprehensive income, net of applicable taxes of $1,604,668 in 2012 and $2,643,070 in 2011 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$4.44M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$86.08M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$85.08M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$853.95M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$845.57M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loan income, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$6.55M | USD | 1 Quarter |
| Loan income, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.97M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.92M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.78M | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$11.79K | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$9.36K | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$8.90M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$9.35M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$887.00K | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$724.71K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$879.95K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$785.88K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.51M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.77M | USD | 1 Quarter |
| NET INTEREST INCOME |
InterestIncomeExpenseNet
|
$7.39M | USD | 1 Quarter |
| NET INTEREST INCOME |
InterestIncomeExpenseNet
|
$7.58M | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$535.68K | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$244.06K | USD | 1 Quarter |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$7.33M | USD | 1 Quarter |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$6.85M | USD | 1 Quarter |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$847.65K | USD | 1 Quarter |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$874.40K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$413.96K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$428.60K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$333.35K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$296.04K | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$1.61M | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$1.58M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$3.56M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$3.52M | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$1.09M | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$1.03M | USD | 1 Quarter |
| Other operating expense |
OtherNoninterestExpense
|
$1.79M | USD | 1 Quarter |
| Other operating expense |
OtherNoninterestExpense
|
$1.82M | USD | 1 Quarter |
| Total other expenses |
NoninterestExpense
|
$6.41M | USD | 1 Quarter |
| Total other expenses |
NoninterestExpense
|
$6.40M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.52M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.05M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$563.49K | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$388.89K | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.66M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.95M | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.40 | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.34 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.34 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.40 | USD | 1 Quarter |
| DIVIDENDS PAID PER SHARE |
CommonStockDividendsPerShareCashPaid
|
$0.22 | USD | 1 Quarter |
| DIVIDENDS PAID PER SHARE |
CommonStockDividendsPerShareCashPaid
|
$0.22 | USD | 1 Quarter |
Cash Flow Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.52M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.17M | USD | 1 Quarter |
| Proceeds from maturities of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$77.62M | USD | 1 Quarter |
| Proceeds from maturities of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$20.77M | USD | 1 Quarter |
| Purchases of investment securities available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$89.93M | USD | 1 Quarter |
| Purchases of investment securities available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$35.27M | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.53K | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$726.53K | USD | 1 Quarter |
| (Increase)decrease in interest bearing deposits with other banks |
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
|
$206.04K | USD | 1 Quarter |
| (Increase)decrease in interest bearing deposits with other banks |
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
|
$-2.01M | USD | 1 Quarter |
| Proceeds from sale of other real estate acquired by foreclosure |
ProceedsFromSaleOfForeclosedAssets
|
$567.80K | USD | 1 Quarter |
| Proceeds from sale of other real estate acquired by foreclosure |
ProceedsFromSaleOfForeclosedAssets
|
$78.00K | USD | 1 Quarter |
| Net decrease in loans |
PaymentsForProceedsFromLoansAndLeases
|
$-8.01M | USD | 1 Quarter |
| Net decrease in loans |
PaymentsForProceedsFromLoansAndLeases
|
$-4.30M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-9.46M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-6.94M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$11.34M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$9.30M | USD | 1 Quarter |
| Net change in securities sold under agreement to repurchase |
PaymentsForProceedsFromOtherInvestments
|
$39.86M | USD | 1 Quarter |
| Net change in securities sold under agreement to repurchase |
PaymentsForProceedsFromOtherInvestments
|
$285.55K | USD | 1 Quarter |
| Proceeds from exercising stock options |
ProceedsFromStockOptionsExercised
|
$153.68K | USD | 1 Quarter |
| Proceeds from exercising stock options |
ProceedsFromStockOptionsExercised
|
$14.16K | USD | 1 Quarter |
| Increase in Federal Home Loan Bank advances |
ProceedsFromFederalHomeLoanBankBorrowings
|
$10.00M | USD | 1 Quarter |
| Increase in federal funds purchased |
IncreaseDecreaseInFederalFundsPurchased
|
$-11.20M | USD | 1 Quarter |
| Increase in federal funds purchased |
IncreaseDecreaseInFederalFundsPurchased
|
$-2.50M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.07M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.06M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-8.24M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$10.47M | USD | 1 Quarter |
| Net (decrease)increase in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.69M | USD | 1 Quarter |
| Net (decrease)increase in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-15.18M | USD | 1 Quarter |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.41M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.66M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$16.96M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.23M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.41M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.66M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$16.96M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.23M | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$1.66M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.95M | USD | 1 Quarter |
| Unrealized holding (losses) gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.72M | USD | 1 Quarter |
| Unrealized holding (losses) gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$1.59M | USD | 1 Quarter |
| Reclassification adjustment for (gains) included in net income |
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
$28.69K | USD | 1 Quarter |
| Reclassification adjustment for (gains) included in net income |
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
$432.00 | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$1.59M | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$-1.75M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$3.54M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-82.35K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.