CZBS Financials 07/15/2014 22:36:12 Citizens Banc
Post# of 5
Citizens Bancshares Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 18,247 21,479 21,554 23,769
Cost of Revenue 903 1,050 1,527 2,459
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 15,721 18,159 16,959 19,103
Non-Recurring Items - - - -
Other 425 2,400 3,882 2,465
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 1,199 (131) (814) (257)
Interest Expense 1 1 - 16
Earnings Before Tax 1,198 (132) (814) (274)
Income Tax (151) (901) (1,083) (903)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,349 769 269 629
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,349 769 269 629
Preferred Stock and Other Adjustments (237) (237) (237) (314)
Net Income Applicable to Common Shareholders 1,112 532 32 316