Citizens Bancshares Corporation reported earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported net income before preferred dividends of $334,000 compared to $524,000 for the same period last year. Net income available to common shareholders was $274,000, or $0.12 per diluted common share compared to a net income available to common shareholders of $464,000, or $0.22 per diluted common share, reported for the fourth quarter of 2010. Total revenues were $5,545,000 compared to $5,950,000 a year ago. For the year, the company earned net income before preferred dividends of $269,000 compared to $629,000 reported for 2010. Net income available to common shareholders was $32,000, or $0.02 per diluted common share, versus net income available to common shareholders of $316,000, or $0.15 per diluted common share, reported for 2010. Total revenues were $21,554,000 compared to $23,769,000 a year ago.