The Citizens Holding Company Announces Third Quarter Results

Stacy Brantley, President and Chief Executive Officer of Citizens Holding Company and The Citizens Bank of Philadelphia

“Our banking teams drove net interest income expansion of $233 over the prior quarter and by $918 over the same period prior year representing increases of 2.00%, and 8.4%, respectively. These results have been achieved primarily through loan growth, disciplined pricing, and focus on generating new low-cost deposits. Lending teams have built strong loan pipelines entering the fourth quarter and we expect solid loan growth over the remainder of the year even in the face of several expected commercial loan prepayments.”

Stacy Brantley, President and Chief Executive Officer of Citizens Holding Company and The Citizens Bank of Philadelphia

“Credit quality metrics remain sound. As referenced below, charges-offs related to two asset-based lines in our C&I portfolio have facilitated higher provision charges throughout the year. We consider asset quality issues to be contained to these two lines and not indicative of larger issues. Estimated losses have been realized and charged to our reserves appropriately.”

Stacy Brantley, President and Chief Executive Officer of Citizens Holding Company and The Citizens Bank of Philadelphia

“As we enter the fourth quarter and begin to look forward into 2027, the Company will expand efforts and dedicate resources to grow our treasury and mortgage lending teams. We have been fortunate to add seasoned leadership tasked with building out these two key business lines since we last reported earnings. Our focus entering the fourth quarter is squarely placed on finishing strong, laying groundwork for a record 2027, and growing your investment.”