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Last Updated: Tuesday, October 8, 2013 5:29:38 PM
Citizens Bancshares Corp. CZBS Current Price and Quotes
Last Price 5.98
Previous Close 5.98 Open N/A
Daily Range N/A - N/A 52wk Range 6.60 - 3.81
Volume 0 Dividend 0.08
Average Vol (3m) 782 Yield 1.3378
Citizens Bancshares Corp. CZBS
Company Information
75 Piedmont Avenue, N.E.
Atlanta, GA 30303
Website: http://www.ctbconnect.com
Phone: (404) 659 - 5959
Citizens Bancshares Corp. CZBS
Citizens Bancshares Corp. CZBS
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Audited
Latest Report Jun 30, 2013 10-Q
CIK 0000813640
Fiscal Year End 12/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 6022 - State commercial banks
Incorporated In: GA, USA
Year of Inc. Not Available
Employees Not Available
Company Officers/Contacts
James E. Young President, CEO
Samuel J. Cox CFO
Company Directors
Not Available
Service Providers
Auditor/Accountant
Elliott Davis, LLC
3900 Westerre Parkway
Suite 102
Richmond, VA, 23233
United States
Legal Counsel
Not Available
Investor Relations Firm
Not Available
Citizens Bancshares Corp. CZBS
CZBS Security Details
Share Structure
Market Value1 $12,299,604 a/o Oct 07, 2013
Shares Outstanding 2,056,790 a/o Aug 14, 2013
Float Not Available
Authorized Shares Not Available
Par Value 1
Shareholders
Shareholders of Record 1,710 a/o Apr 01, 2013
Corporate Actions
Ex. Date Record Date Pay Date
Dividend (0.08) May 07, 2013 May 09, 2013 May 16, 2013
Dividend (0.08) May 10, 2012 Apr 13, 2012 May 10, 2012
Dividend (0.08) Apr 27, 2011 Apr 14, 2011 May 05, 2011
Short Selling Data
Short Interest 0 (-100%)
May 15, 2013
Significant Failures to Deliver No
Transfer Agent(s)
SunTrust Bank, Atlanta
Citizens Bancshares Corp. CZBS Financials
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
Total Revenue 21,479 21,554 23,769 24,983
Cost of Revenue 1,050 1,527 2,459 3,715
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 18,159 16,959 19,103 17,349
Non-Recurring Items - - - -
Other 2,400 3,882 2,465 2,960
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax (131) (814) (257) 958
Interest Expense 1 - 16 107
Earnings Before Tax (132) (814) (274) 851
Income Tax (901) (1,083) (903) (175)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 769 269 629 1,027
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 769 269 629 1,027
Preferred Stock and Other Adjustments (237) (237) (314) (312)
Net Income Applicable to Common Shareholders 532 32 316 715
Citizens Bancshares Corp. CZBS Recent News
Aug 14, 2013 Citizens Bancshares Corporation Announces Second Quarter 2013 Results
CZBS Citizens Bancshares Corp. Research DD Guide
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