Citizens Financial Corp. announced earnings results for the first nine months of 2009. For the period, the company's earnings were $1,482,000 compared to $1,327,000 in the first nine months of 2008. On a per share basis year-to-date earnings were $0.81per share for 2009 and $0.73 per share for 2008. The primary reason for the increase was a gain on the sale of two of company's branches. This gain was partially offset by increased FDIC insurance costs.

Citizens Financial Corp. declared a dividend of $0.04 for the fourth quarter of 2008. This brings total dividend for the year to $0.40 per share compared to $0.48 in 2007. The company provided earnings guidance for the year of 2008. The company do expect to report lower earnings in 2008 than in previous years due to abnormally high credit losses and a reduction in net interest margin.

Citizens Financial Corp. announced earnings results for the first nine months of 2008. For the period, the company reported earnings of $1,327,000 compared to $1,156,000 in the first nine months of 2007. The increase is primarily attributable to a lower provision for loan loss of $465,000 in 2008 compared to $805,000 in 2008, as well as lower expenses related to foreclosed properties falling by $421,000 to $30,000 in 2008.