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Note 13 - Summarized Financial Information of Citizens Holding Company - Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net income $ 9,620 $ 7,494 $ 6,931
Stock compensation expense 157 161 167
Net cash provided by operating activities 13,760 17,491 14,043
Proceeds from sale of other real estate owned 1,331 3,257 1,899
Net cash provided by (used in) investing activities (88,349) 98,616 (288,007)
Dividends paid to shareholders (5,377) (5,370) (5,363)
Proceeds from exercise of stock options 0 0 86
Net cash (used in) provided by financing activities 23,947 (79,179) 241,778
Net increase (decrease) in cash (50,642) 36,928 (32,186)
Cash and cash equivalents, beginning of year 79,236 42,308 74,494
Cash and cash equivalents, end of year 28,594 79,236 42,308
Parent Company [Member]      
Net income 9,620 7,494 6,931
Equity in undistributed earnings of the Bank [1] (4,546) (3,995) (1,260)
Stock compensation expense 157 161 167
Increase in other assets (94) (60) (100)
Increase in other liabilities 318 0 0
Net cash provided by operating activities 5,455 3,600 5,738
Decrease (increase) in ownership in subsidiary 38 (18,000) 0
Increase in other real estate owned (38) 0 0
Proceeds from sale of other real estate owned 21 0 0
Net cash provided by (used in) investing activities 21 (18,000) 0
Dividends paid to shareholders (5,377) (5,370) (5,363)
Proceeds from borrowings on secured line of credit 0 18,000 0
Proceeds from exercise of stock options 0 0 86
Net cash (used in) provided by financing activities (5,377) 12,630 (5,277)
Net increase (decrease) in cash 99 (1,770) 461
Cash and cash equivalents, beginning of year 427 2,197 1,736
Cash and cash equivalents, end of year $ 526 $ 427 $ 2,197
[1] Eliminates in consolidation.