10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-15-181785 |
| Period End Date | 20150331 |
| Filing Date | 20150511 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | cizn-20150331.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
|
$6.54M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$8.08M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$6.63M | USD | Point-in-time |
| Loans, allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$8.36M | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$19.96M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$22.41M | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$16.04M | USD | Point-in-time |
| Cash and due from banks |
CashAndCashEquivalentsAtCarryingValue
|
$21.47M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$36.01M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
22.50M | shares | Point-in-time |
| Interest bearing deposits with other banks |
InterestBearingDepositsInBanks
|
$61.48M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
22.50M | shares | Point-in-time |
| Investment securities held to maturity, at amortized cost |
HeldToMaturitySecurities
|
$197.76M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.88M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
4.88M | shares | Point-in-time |
| Investment securities held to maturity, at amortized cost |
HeldToMaturitySecurities
|
$206.82M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax benefits |
AccumulatedOtherComprehensiveIncomeLossTax
|
$4.58M | USD | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$179.75M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax benefits |
AccumulatedOtherComprehensiveIncomeLossTax
|
$5.28M | USD | Point-in-time |
| Investment securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$225.99M | USD | Point-in-time |
| Loans, net of allowance for loan losses of $6,625,822 in 2015 and $6,542,326 in 2014 |
LoansAndLeasesReceivableNetReportedAmount
|
$399.53M | USD | Point-in-time |
| Loans, net of allowance for loan losses of $6,625,822 in 2015 and $6,542,326 in 2014 |
LoansAndLeasesReceivableNetReportedAmount
|
$384.42M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$19.24M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$19.01M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$4.05M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstateAndForeclosedAssets
|
$3.49M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$4.60M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$3.87M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$22.35M | USD | Point-in-time |
| Cash value of life insurance |
CashSurrenderValueOfLifeInsurance
|
$22.50M | 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
|
$12.55M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$13.53M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$921.06M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$946.06M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$145.73M | USD | Point-in-time |
| Noninterest-bearing demand |
NoninterestBearingDepositLiabilities
|
$144.04M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$288.97M | USD | Point-in-time |
| Interest-bearing NOW and money market accounts |
InterestBearingDepositLiabilities
|
$268.57M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$60.25M | USD | Point-in-time |
| Savings deposits |
DepositsSavingsDeposits
|
$64.05M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$221.54M | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$219.72M | USD | Point-in-time |
| Total deposits |
Deposits
|
$716.77M | USD | Point-in-time |
| Total deposits |
Deposits
|
$696.09M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$117.11M | USD | Point-in-time |
| Securities sold under agreement to repurchase |
SecuritiesSoldUnderAgreementsToRepurchase
|
$114.43M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$20.00M | USD | Point-in-time |
| Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$20.00M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$190.72K | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$182.39K | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$7.33M | USD | Point-in-time |
| Deferred compensation payable |
DeferredCompensationLiabilityCurrentAndNoncurrent
|
$7.21M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.28M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.12M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$839.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$862.52M | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,877,614 shares outstanding at March 31, 2015 and December 31, 2014 |
CommonStockValue
|
$975.48K | USD | Point-in-time |
| Common stock; $.20 par value, 22,500,000 shares authorized, 4,877,614 shares outstanding at March 31, 2015 and December 31, 2014 |
CommonStockValue
|
$975.48K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.88M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$3.86M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$86.37M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$85.90M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax benefit of $4,575,070 in 2015 and $5,283,048 in 2014 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-7.69M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of tax benefit of $4,575,070 in 2015 and $5,283,048 in 2014 |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-8.88M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$81.86M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$83.54M | USD | Point-in-time |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$946.06M | USD | Point-in-time |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$921.06M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.01M | USD | 1 Quarter |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.04M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.67M | USD | 1 Quarter |
| Investment securities |
InterestAndDividendIncomeSecurities
|
$2.90M | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$30.04K | USD | 1 Quarter |
| Other interest |
OtherInterestAndDividendIncome
|
$5.05K | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$7.95M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$7.71M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$432.15K | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$418.30K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$319.03K | USD | 1 Quarter |
| Other borrowed funds |
InterestExpenseBorrowings
|
$310.56K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$751.18K | 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
|
$6.95M | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$184.18K | USD | 1 Quarter |
| PROVISION FOR LOAN LOSSES |
ProvisionForLoanAndLeaseLosses
|
$361.37K | USD | 1 Quarter |
| NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$6.77M | 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
|
$886.78K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$484.44K | USD | 1 Quarter |
| Other service charges and fees |
FeesAndCommissionsOther
|
$531.85K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$333.11K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$369.31K | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$1.75M | 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
|
$3.36M | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$973.06K | USD | 1 Quarter |
| Occupancy expense |
OccupancyNet
|
$1.30M | USD | 1 Quarter |
| Other operating expense |
OtherNoninterestExpense
|
$2.04M | USD | 1 Quarter |
| Other operating expense |
OtherNoninterestExpense
|
$1.83M | USD | 1 Quarter |
| Total other expenses |
NoninterestExpense
|
$6.37M | USD | 1 Quarter |
| Total other expenses |
NoninterestExpense
|
$6.49M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.27M | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.04M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$441.94K | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$473.17K | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.80M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.59M | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| -Basic |
EarningsPerShareBasic
|
$0.33 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.37 | USD | 1 Quarter |
| -Diluted |
EarningsPerShareDiluted
|
$0.33 | USD | 1 Quarter |
| DIVIDENDS PAID PER SHARE |
CommonStockDividendsPerShareCashPaid
|
$0.23 | USD | 1 Quarter |
| DIVIDENDS PAID PER SHARE |
CommonStockDividendsPerShareCashPaid
|
$0.22 | USD | 1 Quarter |
Cash Flow Statement
37 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$1.45M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$1.32M | 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
|
$11.37M | USD | 1 Quarter |
| Proceeds from maturities and calls of securities held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$10.00M | USD | 1 Quarter |
| Purchases of investment securities available for sale |
PaymentsToAcquireAvailableForSaleSecurities
|
$56.84M | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$676.99K | USD | 1 Quarter |
| Purchases of bank premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$24.15K | USD | 1 Quarter |
| Increase (decrease) in interest bearing deposits with other banks |
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
|
$-100.55K | USD | 1 Quarter |
| Increase (decrease) in interest bearing deposits with other banks |
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
|
$25.48M | USD | 1 Quarter |
| Proceeds from sale of other real estate |
ProceedsFromSaleOfForeclosedAssets
|
$626.44K | USD | 1 Quarter |
| Proceeds from sale of other real estate |
ProceedsFromSaleOfForeclosedAssets
|
$47.43K | USD | 1 Quarter |
| Redemption of Federal Home Loan Bank Stock |
ProceedsFromSaleOfFederalReserveStock
|
$150.70K | USD | 1 Quarter |
| Net (increase) decrease in loans |
PaymentsForProceedsFromLoansAndLeases
|
$15.38M | USD | 1 Quarter |
| Net (increase) decrease in loans |
PaymentsForProceedsFromLoansAndLeases
|
$-1.85M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$2.09M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-24.63M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$20.68M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$32.43M | 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
|
$2.69M | 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
|
$1.12M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.07M | USD | 1 Quarter |
| Net cash (used by) provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$512.79K | USD | 1 Quarter |
| Net cash (used by) provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$22.25M | USD | 1 Quarter |
| Net (decrease) increase in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.92M | USD | 1 Quarter |
| Net (decrease) increase in cash and due from banks |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-931.04K | USD | 1 Quarter |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$19.96M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.41M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$16.04M | USD | Point-in-time |
| Cash and due from banks, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$21.47M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$19.96M | USD | Point-in-time |
| Cash and due from banks, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.41M | 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
|
$21.47M | USD | Point-in-time |
Comprehensive Income
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$1.80M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.59M | USD | 1 Quarter |
| Unrealized holding gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$954.04K | USD | 1 Quarter |
| Unrealized holding gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$9.52M | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$355.86K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$3.55M | USD | 1 Quarter |
| Net unrealized gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$598.18K | USD | 1 Quarter |
| Net unrealized gains |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$5.97M | USD | 1 Quarter |
| Amortization of net unrealized losses during the period |
OtherComprehensiveIncomeLossAmortizationOfNetUnrealizedGainLossOnTransfersToHeldToMaturityFromAvailableForSaleSecuritiesBeforeTax
|
$944.03K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossUnrealizedGainLossOnTransfersToHeldToMaturityFromAvailableForSaleSecuritiesTax
|
$352.12K | USD | 1 Quarter |
| Net unrealized gains, securities held-to-maturity |
OtherComprehensiveIncomeLossUnrealizedGainLossOnTransfersToHeldToMaturityFromAvailableForSaleSecuritiesNetOfTax
|
$591.91K | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$1.19M | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$5.97M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.78M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$7.77M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.