CITIZENS HOLDING CO /MS/
SC 13G, 2000-02-07
STATE COMMERCIAL BANKS
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<PAGE>

                THIS PAPER DOCUMENT IS BEING SUBMITTED PURSUANT
                        TO RULE 101(d) OF REGULATION S-T

                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                           Citizens Holding Company
                           ------------------------
                                (Name of Issuer)

                                  Common Stock
                                  ------------
                        (Title of Class and Securities)

                                   174715102
                                   ---------
                     (CUSIP Number of Class of Securities)

 David P. Webb, Esq., Phelps Dunbar, L.L.P., 200 South Lamar Street, Suite 500
                     Jackson, MS 39201; Tel. 601-352-2300
- --------------------------------------------------------------------------------
            (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                August 20, 1999
- --------------------------------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Statement because of Rule
13D-1(b)(3) or (4), check the following box:

[ ]

Check the following box if a fee is being paid with this Statement:

[ ]

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

This Schedule 13G is for the calendar year ended December 31, 1999. Check the
appropriate box to designate the rule pursuant to which this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
<PAGE>

- --------------------------------------------------------------------------------
CUSIP No. 174715102                                                          13G

- --------------------------------------------------------------------------------
(1)  NAMES OF REPORTING PERSONS
     S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
     George R. Mars, Social Security Number:  ###-##-####

- --------------------------------------------------------------------------------
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
                                                                         (a) [ ]

                                                                         (b) [ ]
- --------------------------------------------------------------------------------
(3)  SEC USE ONLY

- --------------------------------------------------------------------------------
(4)  CITIZENSHIP OR PLACE OF ORGANIZATION
     United States

- --------------------------------------------------------------------------------
                                    :  (5)  SOLE VOTING POWER
                                    :       105,965
                                    :-------------------------------------------
                                    :  (6)  SHARED VOTING POWER
NUMBER OF SHARES                    :       - 0 -
BENEFICIALLY OWNED BY EACH          :------------------------------------------
REPORTING PERSON WITH               :  (7)  SOLE DISPOSITIVE POWER
                                    :       105,965
                                    :------------------------------------------
                                    :  (8)  SHARED DISPOSITIVE POWER
                                    :       - 0 -
- --------------------------------------------------------------------------------
(9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     171,710

- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
                                                                             [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     5.2%

- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
     IN

- --------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>

Item 1.     Name of Issuer:

            Citizens Holding Company

Item 1 (b). Address of Issuer's Principal Executive Offices:

            521 Main Street; Philadelphia, MS 39350

Item 2 (a). Name of Person Filing:

            George R. Mars

Item 2 (b). Address of Principal Business Office or, if none, residence:

            304 Azalea Drive; Philadelphia, MS 39350

Item 2 (c). Citizenship:

            See Cover Page.

Item 2 (d). Title of Class of Securities:

            See Cover Page.

Item 2 (e). CUSIP Number:

            See Cover Page.

Item 3.     If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b)
            or (d), Check Whether the Person Filing is a:

            (a) [ ] Broker or dealer registered under Section 15 of the Exchange
                    Act.

            (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act.

            (c) [ ] Insurance Company as defined in Section 3(a)(19) of the
                    Exchange Act.

            (d) [ ] Investment Company registered under Section 8 of the
                    Investment Company Act.

            (e) [ ] An investment adviser in accordance with
                    Rule 13d-1(b)(1)(ii)(E).

            (f) [ ] An employee benefit plan or endowment fund in accordance
                    with Rule 13d-1(b)(1)(ii)(F).

            (g) [ ] A parent holding company or control person in accordance
                    with Rule 13d-1(b)(1)(ii)(G).

            (h) [ ] A savings association as defined in Section 3(b) of the
                    Federal Deposit Insurance Act.
<PAGE>

            (i) [ ] A church plan that is excluded from the definition of an
                    investment company under Section 3(c)(14) of the Investment
                    Company Act.

            (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

If this statement is filed pursuant to Rule 13d-1(c), check this box.  [ ]

Item 4.     Ownership.

            (a)  Amount beneficially owned:
                 171,710

            (b)  Percent of Class:
                 5.2%

            (c) Numbers of shares as to which such person has:

                (i)   Sole power to vote or to direct the vote:
                      See Item 5 of Cover Page.

                (ii)  Shared power to vote or to direct the vote:
                      See Item 6 of Cover Page.

                (iii) Sole power to dispose or to direct the disposition of:
                      See Item 7 of Cover Page.

                (iv)  Shared power to dispose or to direct the disposition of:
                      See Item 8 of Cover Page.

Item 5.   Ownership of Five Percent or Less of a Class.

          N/A

Item 6.   Ownership of More than Five Percent on Behalf of Another Person.

          N/A

Item 7.   Identification and Classification of the Subsidiary Which Acquired the
          Security Being Reported on by the Parent Holding Company.

          N/A

Item 8.   Identification and Classification of Members of the Group.

          N/A

Item 9.   Notice of Dissolution of Group.

          N/A
<PAGE>

Item 10.  Certifications.

          N/A

Signature:

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                                    2/4/00
                   ----------------------------------------
                                    (Date)


                        /s/    George R. Mars, Director
                   ----------------------------------------
                               George R. Mars, Director


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