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	1,019,870	All Other Over 1 Billion

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

Total Assets	109,822	Total Operating Income	3,000
Total Liabilities	24,900	Total Operating Expenses	1,142
Total Equity Capital	84,922	Equity in Undistributed Income	8,176
		Net income (loss)	10,255

Miscellaneous
Cash Dividends Declared by Bank Holding Company	1,005
Total Consolidated Assets of Bank Holding Company	1,033,028

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