CITIZENS FINANCIAL C

CIWV
Delayed OTC Markets - 11:50 2022-11-23 am EST
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Citizens Financial Corp. Reports Consolidated Earnings Results for the Year Ended December 31, 2011

03/01/2012 | 12:00am
Citizens Financial Corp. reported consolidated earnings results for the year ended December 31, 2011. For the year, net loss was $3,787,552 or $2.07 basic and fully diluted loss per common share against net income of $501,771 or $0.44 basic and fully diluted earnings per common share of prior year. Basic and fully diluted loss per class A common share was $2.17 against basic and fully diluted earnings per class A common share of $0.34 of prior year. Net interest income was $7,690,622 against $8,109,718 of previous year. Net cash provided by operating activities was $2,524,855 against $2,641,134 of prior year. Purchases of bank premises and equipment were $183,603 against $59,439 of prior year. Purchases of securities available for sale were $9,235,120 against $15,074,345 of prior year.
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