In Brief: Citizens Bancshares in Ohio Posts a Gain

SALINEVILLE Ohio - Citizens Bancshare' earning increase 18.1% for the year to $9.1 million.

The $728 million-asset bank holding company had nonrecurring after-tax expenses of $486,000, 15 cents per share, relating to two acquisitions in 1994.

For the year, Citizens had a return on average equity of 16.90% and return on average assets of 1.25%.

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