Citizens Holding Co

Type: Public
On the web: http://www.citizensholdingcompany.com
Employees: 292
Employee growth: 4.7%

Citizens Holding Company has taken the proletariat approach to banking. The firm is the holding company for The Citizens Bank of Philadelphia, Mississippi, which operates some 20 locations in the eastern part of the state. Founded in 1908, the bank targets individuals and local businesses, offering products such as checking and savings accounts, money market accounts, CDs, and IRAs, and trust services. Lending activities consist mostly of real estate loans (about 70 % of the loan portfolio) and commercial, industrial, and agricultural loans (more than 10%). Citizens Holding offers discount brokerage services through an agreement with First Tennessee Bank. Subsidiary, Title Services offers title insurance.

Key numbers for fiscal year ending December, 2008:
Sales: $33.6M
One year growth: 15.6%
Net income: $8.3M
Income growth: 19.7%

Officers:
Chairman: Herbert A. King
President, CEO, and Director; President and CEO, The Citizens Bank: Greg L. McKee
CFO and Treasurer; SVP and CFO, The Citizens Bank: Robert T. Smith

Competitors:
Cadence Financial Corporation
First M&F
Trustmark