Citizens Holding Company reported earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company's net income was $1.786 million, or $0.37 per basic and diluted share, up from $1.710 million or $0.35 per basic and diluted share for the same quarter in 2010. Net interest after the provision for loan losses for the quarter, was $6.751 million, approximately 2.0% higher than the same period in 2010, due mainly to a decrease in the provision for loan losses. Net income before taxes was $1.75 million compared to $2.4 million a year ago. Net interest income was $7.16 million compared to $7.36 million for the same period a year ago. Interest income and fees was $8.76 million compared to $9.35 million for the same period a year ago. For the year, the company's net income increased 0.8% to $7.218 million, or $1.49 per basic and diluted share, from $7.163 million, or $1.48 per basic and diluted share for the twelve months ended December 31, 2010. Net interest income after the provision for loan losses were increased 1.4% to $27.337 million from $26.956 million for the same period in 2010. Net income before taxes was $8.54 million compared to $9.25 million a year ago. Net interest income was $30.33 million compared to $29.41 million for the same period a year ago. Interest income and fees was $36.97 million compared to $38.14 million for the same period a year ago. Book value per share was $17.77 compared to $15.77 a year ago. Return on average assets was 0.87% compared to 0.85% a year ago. Return on average equity was 8.78% compared to 9.09% a year ago.