Citizens Bancshares Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
August 14, 2013 at 02:58 am IST
Citizens Bancshares Corporation reported earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported net income available to common shareholders of $212,000, or $0.10 per diluted common share compared to a net loss available to common shareholders of $306,000, or $0.14 per diluted common share, reported for the second quarter of 2012. Total revenues were $4,628,000 against $5,701,000 a year ago.
For the six months, the company reported net income available to common shareholders of $425,000, or $0.20 per diluted common share compared to a net loss available to common shareholders of $232,000, or $0.11 per diluted common share, reported for the same period in 2012.