10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-13-212631 |
| Period End Date | 20130331 |
| Filing Date | 20130510 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | cizn-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$7.07M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$6.95M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$6.83M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$6.68M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$30.33M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$21.56M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
22.50M | shares | Point-in-time |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$57.28M | USD | Point-in-time |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$16.23M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
22.50M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.86M | shares | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecurities
|
$420.91M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.87M | shares | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecurities
|
$382.87M | USD | Point-in-time |
| Accumulated other comprehensive income, applicable taxes |
AccumulatedOtherComprehensiveIncomeLossTax
|
$1.68M | USD | Point-in-time |
| Loans, net of allowance for loan losses of $6,834,575 in 2013 and $6,954,269 in 2012 |
LoansAndLeasesReceivableNetReportedAmount
|
$361.94M | USD | Point-in-time |
| Loans, net of allowance for loan losses of $6,834,575 in 2013 and $6,954,269 in 2012 |
LoansAndLeasesReceivableNetReportedAmount
|
$363.56M | USD | Point-in-time |
| Accumulated other comprehensive income, applicable taxes |
AccumulatedOtherComprehensiveIncomeLossTax
|
$2.59M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$19.43M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$19.19M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$4.69M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$4.68M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$4.67M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$4.45M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$21.19M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$21.36M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.15M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.15M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$7.09M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$7.75M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$880.84M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$894.64M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$119.95M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$120.19M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$247.22M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$228.11M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$49.38M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$46.24M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$242.31M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$248.25M | USD | Point-in-time |
| Total deposits |
Deposits
|
$642.55M | USD | Point-in-time |
| Total deposits |
Deposits
|
$659.09M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$71.48M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$73.31M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$68.50M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$68.50M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$261.49K | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$321.47K | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$5.92M | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$6.12M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.38M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.28M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$806.73M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$791.97M | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,868,411 shares outstanding at March 31, 2013 and 4,861,411 shares outstanding at December 31, 2012 |
CommonStockValue
|
$973.68K | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,868,411 shares outstanding at March 31, 2013 and 4,861,411 shares outstanding at December 31, 2012 |
CommonStockValue
|
$972.28K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.62M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.72M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$80.27M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$79.93M | USD | Point-in-time |
| Accumulated other comprehensive income, net of applicable taxes of $1,680,555 in 2013 and $2,5863,40 in 2012 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.93M | USD | Point-in-time |
| Accumulated other comprehensive income, net of applicable taxes of $1,680,555 in 2013 and $2,5863,40 in 2012 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$4.35M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$88.87M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$87.90M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$894.64M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$880.84M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loan income, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.20M | USD | 1 Quarter |
| Loan income, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.97M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.92M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.77M | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$17.70K | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$9.36K | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$8.90M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$7.99M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$724.71K | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$520.14K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$785.88K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$712.08K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.23M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.51M | USD | 1 Quarter |
| NET INTEREST INCOME |
InterestIncomeExpenseNet
|
$6.76M | USD | 1 Quarter |
| NET INTEREST INCOME |
InterestIncomeExpenseNet
|
$7.39M | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$535.68K | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$174.51K | USD | 1 Quarter |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$6.85M | USD | 1 Quarter |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$6.58M | USD | 1 Quarter |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$890.86K | USD | 1 Quarter |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$847.65K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$428.60K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$452.93K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$333.35K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$337.21K | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$1.68M | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$1.61M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$3.31M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$3.56M | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$1.03M | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$1.11M | USD | 1 Quarter |
| Other operating expense |
OtherNoninterestExpense
|
$2.14M | 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
|
$6.56M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.70M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.05M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$388.89K | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$290.29K | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.41M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.66M | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.34 | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.29 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.29 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.34 | 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
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.45M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.52M | 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
|
$59.51M | USD | 1 Quarter |
| Purchases of investment securities available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$89.93M | USD | 1 Quarter |
| Purchases of investment securities available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$24.04M | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.53K | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$46.45K | USD | 1 Quarter |
| Increase in interest bearing deposits with other banks |
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
|
$-41.05M | USD | 1 Quarter |
| Increase in interest bearing deposits with other banks |
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
|
$-2.01M | USD | 1 Quarter |
| Proceeds from sale of other real estate acquired by foreclosure |
ProceedsFromSaleOfForeclosedAssets
|
$527.78K | USD | 1 Quarter |
| Proceeds from sale of other real estate acquired by foreclosure |
ProceedsFromSaleOfForeclosedAssets
|
$567.80K | USD | 1 Quarter |
| Net (increase) decrease in loans |
PaymentsForProceedsFromLoansAndLeases
|
$2.33M | USD | 1 Quarter |
| Net (increase) decrease in loans |
PaymentsForProceedsFromLoansAndLeases
|
$-4.30M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-7.43M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-9.46M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$16.54M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$11.34M | USD | 1 Quarter |
| Net change in securities sold under agreement to repurchase |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-39.86M | USD | 1 Quarter |
| Net change in securities sold under agreement to repurchase |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.82M | USD | 1 Quarter |
| Proceeds from exercising stock options |
ProceedsFromStockOptionsExercised
|
$153.68K | USD | 1 Quarter |
| Proceeds from exercising stock options |
ProceedsFromStockOptionsExercised
|
$104.35K | USD | 1 Quarter |
| Increase in Federal Home Loan Bank advances |
ProceedsFromRepaymentOfShortTermFederalHomeLoanBankBorrowings
|
$10.00M | USD | 1 Quarter |
| Increase in federal funds purchased |
IncreaseDecreaseInFederalFundsPurchased
|
$-11.20M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.07M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.07M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-8.24M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$13.75M | USD | 1 Quarter |
| Net increase (decrease) in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-15.18M | USD | 1 Quarter |
| Net increase (decrease) in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$8.77M | USD | 1 Quarter |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$21.56M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$30.33M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.41M | 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
|
$21.56M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$30.33M | 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
|
$20.23M | USD | Point-in-time |
Comprehensive Income
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$1.41M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.66M | USD | 1 Quarter |
| Unrealized holding losses |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-2.74M | USD | 1 Quarter |
| Unrealized holding losses |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-2.25M | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-840.47K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-1.03M | USD | 1 Quarter |
| Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax, Total |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.41M | USD | 1 Quarter |
| Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax, Total |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.72M | USD | 1 Quarter |
| Reclassification adjustment for gains included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax
|
$-39.39K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax
|
$-10.70K | USD | 1 Quarter |
| Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax, Total |
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
$-28.69K | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.41M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.75M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-82.35K | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$1.64K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.