CITIZENS BANCSHARES CORPORATION Financial Reports

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CITIZENS BANCSHARES CORPORATION

Institution Profile

Year Opened :

1988

Institution Type :

Holding Company

Reserve District :

Richmond

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

12/31

Structure :

Corporation (stock)

S-Corp :

External Auditor :

Elliott Davis, LLC

Related Bank / Thrift	Assets	Asset Concentration
The Citizens Bank	1,041,135	All Other Over 1 Billion

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	126,088	Total Operating Income	2,000
Total Liabilities	24,960	Total Operating Expenses	1,142
Total Equity Capital	101,128	Equity in Undistributed Income	9,924
		Net income (loss)	11,022

Miscellaneous
Cash Dividends Declared by Bank Holding Company	1,052
Total Consolidated Assets of Bank Holding Company	1,109,489

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury