Citizens Financial Services, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company's net income totaled $3.2 million which compares to net income of $2.5 million for the fourth quarter of 2015, an increase of $711,000. Basic and diluted earnings per share of $0.95 for the fourth quarter of 2016 compares to $0.79 per share for the fourth quarter last year. Annualized return on equity for the three months ended December 31, 2016 and 2015 was 10.12% and 9.12%, while annualized return on assets was 1.05% and 0.99%, respectively. Net interest income was $9,876,000 compared to $8,040,000 a year ago. Income before provision for income taxes was $3,960,000 compared to $2,981,000 a year ago. Total interest income was $11.169 million against $9.25 million a year ago. Net interest income after provision for loan losses was $9.13 million against $7.92 million a year ago. For the full year, the company's net income totaled $12.64 million which compares to net income of $11.63 million last year. Basic and diluted earnings per share of $3.78 for the year ended December 31, 2016 compares to $3.79 per share for last year. Annualized return on equity for the year ended December 31, 2016 and 2015 was 10.24% and 11.20%, while return on assets was 1.06% and 1.22%, respectively. Net interest income was $37,964,000 compared to $30,833,000 a year ago. Income before provision for income taxes was $15,672,000 compared to $14,347,000 a year ago. Book value per share was $37.55 compared to $35.62 a year ago. Total interest income was $43.005 million against $35.653 million a year ago. Net interest income after provision for loan losses was $36.444 million against $30.353 million a year ago.