Citizens Bancshares Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
November 16, 2015 at 05:38 pm EST
Citizens Bancshares Corporation reported earnings results for the third quarter and nine months ended September 30, 2015. Net income available to common shareholders for the third quarter of 2015 was $361,000, or $0.16 per diluted common share, compared to $317,000, or $0.14 per diluted common share, reported for the third quarter of 2014. Total revenues were $4,436,000 against $4,323,000 a year ago.
Net income available to common shareholders for the nine month period was $1,018,000, or $0.46 per diluted common share compared to $1,087,000, or $0.50 per diluted common share, reported for the same period in 2014.