10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-14-194003 |
| Period End Date | 20140331 |
| Filing Date | 20140512 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | cizn-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$6.95M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$8.36M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$6.83M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$8.08M | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$16.04M | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$21.56M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$30.33M | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$19.96M | USD | Point-in-time |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$784.65K | 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 |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$684.10K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.88M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.87M | shares | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecurities
|
$398.18M | USD | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecurities
|
$406.63M | USD | Point-in-time |
| Loans, net of allowance for loan losses of $8,361,572 in 2014 and $8,077,499 in 2013 |
LoansAndLeasesReceivableNetReportedAmount
|
$384.10M | USD | Point-in-time |
| Loans, net of allowance for loan losses of $8,361,572 in 2014 and $8,077,499 in 2013 |
LoansAndLeasesReceivableNetReportedAmount
|
$381.47M | USD | Point-in-time |
| Accumulated other comprehensive loss, applicable taxes |
AccumulatedOtherComprehensiveIncomeLossTax
|
$12.64M | USD | Point-in-time |
| Accumulated other comprehensive loss, applicable taxes |
AccumulatedOtherComprehensiveIncomeLossTax
|
$9.09M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$18.62M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$19.03M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$4.05M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$3.75M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$4.13M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$5.07M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$22.21M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$22.36M | 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
|
$22.20M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$19.11M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$873.07M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$881.62M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$120.42M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$139.02M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$262.12M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$248.02M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$53.75M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$56.41M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$229.52M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$232.44M | USD | Point-in-time |
| Total deposits |
Deposits
|
$654.63M | USD | Point-in-time |
| Total deposits |
Deposits
|
$687.06M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$64.47M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$82.42M | USD | Point-in-time |
| Federal funds purchased |
FederalFundsPurchased
|
$27.50M | USD | Point-in-time |
| Federal funds purchased |
FederalFundsPurchased
|
$4.60M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$43.50M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$33.50M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$199.51K | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$185.79K | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$6.89M | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$6.72M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.94M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.83M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$806.80M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$808.65M | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,877,614 shares outstanding at March 31, 2014 and 4,870,114 shares outstanding at December 31, 2013 |
CommonStockValue
|
$974.02K | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,877,614 shares outstanding at March 31, 2014 and 4,870,114 shares outstanding at December 31, 2013 |
CommonStockValue
|
$975.48K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.75M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.76M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$83.52M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$82.79M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax benefit of $9,090,250 in 2014 and $12,640,667 in 2013 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-15.28M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax benefit of $9,090,250 in 2014 and $12,640,667 in 2013 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-21.25M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$72.97M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$66.27M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$873.07M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$881.62M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.20M | USD | 1 Quarter |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.04M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.77M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.90M | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$17.70K | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$5.05K | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$7.95M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$7.99M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$418.30K | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$520.14K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$712.08K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$310.56K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.23M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$728.86K | USD | 1 Quarter |
| NET INTEREST INCOME |
InterestIncomeExpenseNet
|
$7.22M | USD | 1 Quarter |
| NET INTEREST INCOME |
InterestIncomeExpenseNet
|
$6.76M | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$361.37K | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$174.51K | USD | 1 Quarter |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$6.58M | USD | 1 Quarter |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$6.86M | USD | 1 Quarter |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$929.73K | USD | 1 Quarter |
| Service charges on deposit accounts |
FeesAndCommissionsDepositorAccounts
|
$890.86K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$484.44K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$452.93K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$337.21K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$369.31K | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$1.68M | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$1.78M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$3.36M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$3.31M | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$1.11M | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$973.06K | USD | 1 Quarter |
| Other operating expense |
OtherNoninterestExpense
|
$2.04M | USD | 1 Quarter |
| Other operating expense |
OtherNoninterestExpense
|
$2.14M | USD | 1 Quarter |
| Total other expenses |
NoninterestExpense
|
$6.56M | USD | 1 Quarter |
| Total other expenses |
NoninterestExpense
|
$6.37M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.70M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.27M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$290.29K | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$473.17K | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.41M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.80M | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.29 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.29 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.37 | 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
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.32M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.45M | USD | 1 Quarter |
| Proceeds from maturities and calls of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$968.07K | USD | 1 Quarter |
| Proceeds from maturities and calls of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$59.51M | USD | 1 Quarter |
| Purchases of investment securities available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$24.04M | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$46.45K | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$676.99K | 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
|
$-100.55K | USD | 1 Quarter |
| Proceeds from sale of other real estate |
ProceedsFromSaleOfForeclosedAssets
|
$527.78K | USD | 1 Quarter |
| Proceeds from sale of other real estate |
ProceedsFromSaleOfForeclosedAssets
|
$47.43K | USD | 1 Quarter |
| Net decrease (increase) in loans |
PaymentsForProceedsFromLoansAndLeases
|
$-1.85M | USD | 1 Quarter |
| Net decrease (increase) in loans |
PaymentsForProceedsFromLoansAndLeases
|
$2.33M | USD | 1 Quarter |
| Net cash provided by (used by) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-7.43M | USD | 1 Quarter |
| Net cash provided by (used by) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$2.09M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$32.43M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$16.54M | USD | 1 Quarter |
| Net change in securities sold under agreement to repurchase |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-17.95M | USD | 1 Quarter |
| Net change in securities sold under agreement to repurchase |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.82M | 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 |
| Decrease in federal funds purchased |
IncreaseDecreaseInFederalFundsPurchased
|
$22.90M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.07M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.07M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$512.79K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$13.75M | USD | 1 Quarter |
| Net decrease in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$8.77M | USD | 1 Quarter |
| Net decrease in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.92M | USD | 1 Quarter |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$16.04M | USD | Point-in-time |
| 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
|
$19.96M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$16.04M | 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
|
$19.96M | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$1.41M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.80M | USD | 1 Quarter |
| Unrealized holding gains (losses) |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-2.25M | USD | 1 Quarter |
| Unrealized holding gains (losses) |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$9.52M | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-840.47K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$3.55M | USD | 1 Quarter |
| Net unrealized gains (losses) |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$5.97M | USD | 1 Quarter |
| Net unrealized gains (losses) |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.41M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$5.97M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.41M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$7.77M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$1.64K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.