Citizens First Corporation (CZFC) Financial Statements (2024 and earlier)

Company Profile

Business Address 1065 ASHLEY STREET SUITE 150
BOWLING GREEN, KY 42103
State of Incorp. KY
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2019
MRQ
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 8,8756,4448,54215,25511,32237,062
Cash and cash equivalents 8,8756,4448,54215,25511,32237,062
Total current assets: 8,8756,4448,54215,25511,32237,062
Noncurrent Assets
Property, plant and equipment 8,8619,1409,3909,99810,75811,054
Intangible assets, net (including goodwill), including: 4,1504,2214,2914,0974,0974,097
Goodwill 4,1004,1004,1004,0974,0974,097
Other undisclosed intangible assets, net (including goodwill) 50121191  
Total noncurrent assets: 13,01113,36113,68114,09514,85515,151
Other undisclosed assets 454,096445,577433,199402,831386,637357,962
TOTAL ASSETS: 475,982465,382455,422432,181412,814410,175
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 12,00030,00027,00010,00016,000 
Total current liabilities: 12,00030,00027,00010,00016,000 
Noncurrent Liabilities
Other undisclosed liabilities 413,963389,548386,058382,657358,366371,828
Total liabilities: 425,963419,548413,058392,657374,366371,828
Equity
Equity, attributable to parent, including: 50,01945,83442,36439,52438,44838,347
Preferred stock   7,2617,659  
Common stock 33,30933,13825,92025,40627,07227,072
Accumulated other comprehensive income (loss) (655)(446)(523)155344(303)
Retained earnings 17,36513,1429,7066,3043,373653
Other undisclosed equity, attributable to parent     7,65910,925
Total equity: 50,01945,83442,36439,52438,44838,347
TOTAL LIABILITIES AND EQUITY: 475,982465,382455,422432,181412,814410,175

Income Statement (P&L) ($ in thousands)

3/31/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 20,78421,92121,11020,70519,740298
Revenue, net236237207245288298
Net investment income 20,22818,59518,14117,68417,135 
Cost of revenue
(Financial Services Costs)
 (160)  (135)(275) 
Gross profit: 20,62421,92121,11020,57019,465298
Operating expenses (10,753)(10,400)(10,651)(11,118)(10,934)(6,727)
Operating income (loss): 9,87111,52110,4599,4528,531(6,429)
Nonoperating income 177177177181246177
Investment income, nonoperating     111 
Losses on sales of other real estate     (53)(42)
Bank owned life insurance income 177177177181188219
Interest and debt expense (4,483)(3,038)(2,528)(2,607)(2,709)(2,961)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    (2,002)(1,587)11,567
Income from continuing operations before equity method investments, income taxes: 5,5658,6608,1085,0244,4812,354
Other undisclosed income (loss) from continuing operations before income taxes 379(2,224)(2,096)   
Income from continuing operations before income taxes: 5,9446,4366,0125,0244,4812,354
Income tax expense (1,125)(2,347)(1,795)(1,417)(1,240)(516)
Income from continuing operations: 4,8194,0894,2173,6073,2411,838
Income before gain (loss) on sale of properties: 4,8194,0894,2173,6073,2411,838
Net income attributable to parent: 4,8194,0894,2173,6073,2411,838
Other undisclosed net loss available to common stockholders, basic  (238)(495)(520)(521)(755)
Net income available to common stockholders, basic: 4,8193,8513,7223,0872,7201,083
Other undisclosed net income available to common stockholders, diluted  238495520  
Net income available to common stockholders, diluted: 4,8194,0894,2173,6072,7201,083

Comprehensive Income ($ in thousands)

3/31/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income: 4,8194,0894,2173,6073,2411,838
Comprehensive income: 4,8194,0894,2173,6073,2411,838
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (121)77(678)(189)647(1,049)
Comprehensive income, net of tax, attributable to parent: 4,6984,1663,5393,4183,888789

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: