United States
                       Securities and Exchange Commission
                             Washington, D. C. 20549

                                   FORM 10-QSB

(Mark One)

[x]  Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange
Act of 1934 for the quarterly period ended September 30, 2001.

[ ]  Transition report pursuant to section 13 or 15(d) of the Securities
Exchange Act of 1934 for the transition period from __________ to _________.

Commission file number: 0-29830

                             Citizens Capital Corp.
           (Name of Small Business Issuer as specified in its charter)

             Texas                                             75-2368452
(State or other jurisdiction of                              (IRS Employer
  incorporation organization)                              Identification No.)

1223 E. Beltline Rd., Suite 116, DeSoto, Texas 75115* Mailing Address: P. O. Box
                           670406, Dallas, Texas 75367
                    (Address of principal executive offices)

         Issuer's telephone number, including area code:  (972) 960-2643

Check  whether  the issuer (1) filed all reports required to be filed by Section
13  or  15(d)  of  the  Exchange Act during the preceding 12 months (or for such
shorter  period  that the registrant was required to file such reports), and (2)
has  been  subject  to  such  filing  requirements  for  the  past  90  days.

                          Yes    [x]           No   [ ]

Number  of  shares  outstanding of the issuer's common stock as of  November 11,
2001:  48,022,500  shares  of  common  stock,  no  par  value.

Transitional  Small  Business  Disclosure  Format:

                          Yes    [ ]           No   [x]


<PAGE>
                              INDEX TO FORM 10-QSB

                                                                        Page No.
                                                                        --------
PART  I

          Item  1.  Financial  Statements                                     4


          Item  2.  Management's  Discussion  and  Analysis
                    of Financial Condition                                    7

PART  II

          Item  1.  Legal  Proceedings                                        8

          Item  2.  Changes  in  Securities                                   8

          Item  3.  Defaults  Upon  Senior  Securities                        8

          Item  4.  Submission  of  Matters  to  a  Vote  of
                    Securities Holders                                        8

          Item  5.  Other  Information                                        8

          Item  6.  Exhibits  and  Reports  on  Form  8-K                     9


                                        2
<PAGE>
                          PART I-FINANCIAL INFORMATION

The  balance  sheet  as  of  September  30,  2001;  statements of operations and
statement of cash flows for the third quarters ended September 30, 2001 and 2000
respectively  and  the  period  from inception (March 12, 1991) to September 30,
2001 were taken from the Company's books and records without audit.  However, in
the opinion of management, such information includes all adjustments (consisting
only  of  normal recurring accruals) which are necessary to properly reflect the
financial  position  of  the  Company  as  of  September  30,  2001;  results of
operations  and  cash  flow  for the third quarters ended September 30, 2001 and
2000  respectively.  Certain  information  and  footnote  disclosures  normally
included  in financial statements prepared in accordance with generally accepted
accounting  principles  have  been  condensed  and  omitted, although management
believes  the  disclosures  are  adequate  to make the information presented not
misleading.  These  interim  unaudited  financial  statements  should be read in
conjunction with the Company's audited annual financial statements for the years
ended  December  31,  2000  and 1999 located in the Company's Form 10-KSB annual
report  filed  with  the  Securities  and Exchange Commission on April 15, 2001.

                          INDEX TO FINANCIAL STATEMENTS

                                           Page No.
                                            --------

Consolidated Balance Sheets                    4

Consolidated Statements of Operations          5

Consolidated Statements of Cash Flows          6

Notes to Consolidated Financial Statements     7


                                        3
<PAGE>
<TABLE>
<CAPTION>
Item 1.  Financial Statements

                              CITIZENS CAPITAL CORP.
                          (a development stage company)

                           CONSOLIDATED BALANCE SHEETS

                            AS OF SEPTEMBER  30, 2001

                                      ASSETS
                                      ------

<S>                                                                 <C>
CURRENT ASSETS -
     Cash                                                           $         63
     Accounts Receivable                                                   3,973
                                                                    -------------
           Total current assets                                            4,036

EQUIPMENT, net of accumulated depreciation of $7,059                      27,447

OTHER ASSETS
     Intangible Assets, net                                                  320

         Total Assets                                               $     31,803
                                                                    -------------

                        LIABILITIES AND STOCKHOLDER'S EQUITY
                        ------------------------------------

CURRENT LIABILITIES -
     Current portion of loans from stockholders                     $     16,953
     Accounts payable and accrued liabilities                             35,115
     Credit Card Cash Advances                                            38,418
     Advances from stockholder                                             8,270

                 Total current liabilities                                98,756

LONG TERM LIABILITIES
    Loans from stockholders, net of current portion                       14,361

            Total Liabilities                                            113,117
                                                                    -------------

STOCKHOLDERS' EQUITY:
  Preferred stock, $1.00 stated value, 5,000,000 shares authorized;
    1,000,000 shares issued and outstanding                            1,000,000
  Common stock, no par value, 100,000,000 shares authorized;
    40,500,000 shares issued and outstanding ($.01 stated value)         480,225
  Additional paid-in capital                                          48,836,908
  Stock held by subsidiary (5,000,000 common shares)                     (50,000)
  Note receivable from ESOP                                          (50,100,000)
  Deficit accumulated during the development stage                      (248,447)
                                                                    -------------
       Total stockholders' equity                                        (81,314)

       Total liabilities and stockholders' equity                         31,803
</TABLE>


                                        4
<PAGE>
<TABLE>
<CAPTION>
                                               CITIZENS CAPITAL CORP.
                                            (a development stage company)

                                        CONSOLIDATED STATEMENTS OF OPERATIONS

                               For the  NINE Months Ended SEPTEMBER  30, 2001 and 2000
                                 AND THE  PERIOD FROM INCEPTION (MARCH 12, 1991) TO
                                                SEPTEMBER  30,  2001
                                                     (Unaudited)

                                             THREE  MONTHS ENDED       NINE  MONTHS ENDED
                                                SEPTEMBER  30             SEPTEMBER  30             Period from
                                        --------------------------  --------------------------    March 12, 1991 to
                                            2001          2000          2001          2000       SEPTEMBER 30, 2001
                                        ------------  ------------  ------------  ------------  --------------------
<S>                                     <C>           <C>           <C>           <C>           <C>
 SALES                                  $    17,461   $    28,639   $    58,278   $    38,013   $           120,804

COST OF SALES                                 4,296         7,476        12,747         9,053                26,618
                                        ------------  ------------  ------------  ------------  --------------------
                                             13,165        21,163        45,531        28,960                94,186


GENERAL AND ADMINISTRATIVE EXPENSES          18,890        30,905        96,260        67,051               342,633
                                        ------------  ------------  ------------  ------------  --------------------

NET LOSS                                $    (5,725)  $    (9,742)  $   (50,729)  $   (38,091)  $          (248,447)
                                        ============  ============  ============  ============  ====================

NET LOSS PER SHARE (BASIC AND DILUTED)  $        --   $        --   $        --   $        --

Weighted Average Shares                  43,022,500    40,500,000    42,464,167    40,500,000
                                        ============  ============  ============  ============
</TABLE>


                                        5
<PAGE>
<TABLE>
<CAPTION>
                                       CITIZENS CAPITAL CORP.
                                    (a development stage company)

                                CONSOLIDATED STATEMENTS OF CASH FLOWS

                        For the NINE Months Ended SEPTEMBER 30, 2001 and 2000
                          AND THE PERIOD FROM INCEPTION (MARCH 12, 1991) TO
                                         SEPTEMBER 30, 2001
                                             (Unaudited)


                                                         NINE  MONTHS ENDED       Period  from
                                                          SEPTEMBER  30,        March 12, 1991 to
                                                       ---------------------  ----------------------
                                                         2001        2000      SEPTEMBER  30,  2001
                                                       ---------  ----------  ----------------------
<S>                                                    <C>        <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                             $(50,729)  $ (38,091)  $            (248,447)
    Adjustments to reconcile net loss to cash used by
      operating activities:
      Expenses paid by stockholder                          ---         ---                  95,083
      Depreciation and amortization                         ---                               7,197
      Change in Credit Cards advances                       ---      33,142                  38,418
      Services paid for with stock and options           25,125         ---                  55,225
      Change in Prepaid Expenses                            ---       1,000                     ---
      Change in accounts receivable                        (486)     (1,887)                 (3,973)
      Change in accounts payable and accrued
      liabilities                                        21,176       8,477                  35,115
                                                       ---------  ----------  ----------------------
            Net cash used by operating activities         4,914       2,641                 (21,382)

CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchase of equipment and other assets                    ---     (31,004)                (34,564)
  Payment for intangible assets                             ---                                (400)
                                                       ---------  ----------  ----------------------
            Net cash used by investing activities           ---     (31,004)                (34,964)

CASH FLOWS FROM FINANCING ACTIVITIES -
  Notes payable                                             ---      28,653                     ---
  Sale of stock and contribution by stockholder             ---       1,624                  16,825
  Loan from shareholder                                   4,600         ---                  31,314
  Stockholders advances                                     ---         ---                   8,270
                                                       ---------  ----------  ----------------------
            Net cash provided by financing activities       ---      30,277                  56,409

NET INCREASE (DECREASE) IN CASH                            (314)      1,914                      63

CASH, beginning of period                                   377       2,221                     ---
                                                       ---------  ----------  ----------------------

CASH, end of period                                    $     63   $   4.135   $                  63
                                                       =========  ==========  ======================
</TABLE>


                                        6
<PAGE>
                             CITIZENS CAPITAL CORP.
                          (a development stage company)

                   Notes to Consolidated Financial Statements
                                   (Unaudited)

1. Unaudited Information
------------------------

The consolidated balance sheet as of September 30, 2001; consolidated statements
of  operations  and  consolidated  statements  of  cash flows for the nine month
periods  ended  September  30,  2001  and  2000 respectively were taken from the
Company's  books  and  records  without  audit.  However,  in  the  opinion  of
management, such information includes all adjustments (consisting only of normal
recurring  accruals)  which  are  necessary to properly reflect the consolidated
financial  position  of  the  Company  as  of  September  30,  2001;  results of
operations and cash flow for the nine month periods ended September 30, 2001 and
2000  respectively.

On  June  1,  2000,  the Company acquired the operating assets of  DeSoto, Texas
based  Taylor  Printing  &  Graphics  which was integrated into the newly formed
Media  Force  Signs  Graphics  &  Media  division  of  its  Media Force Sports &
Entertainment, Inc. subsidiary.  The financial consideration for the purchase of
Taylor Printing & Graphics was $31,004 cash. The Company funded the $31,004 cash
purchase  price  from  $1,004  cash  on  hand;  the proceeds of a 3 year, 11.5%,
$25,000  loan  borrowed  by  its  Landrush Realty Corporation subsidiary and a 2
year,  8.5%,  $5,000  loan  borrowed  from  its  President,  Billy  D.  Hawkins.

Item  2.  Management's  Discussion  and  Analysis  of  Financial  Conditions and
Results  of  Operations

Citizens  Capital  Corp.  (the  "Company")  is  a development stage, acquisition
oriented,  holding  company  whose  objectives  are  to  acquire  and/or develop
operating  entities,  assets  and/or  marketing rights which provide the Company
with  an  initial  entry into new markets or serve as complementary additions to
existing  operations,  assets  and/or  products.

Currently,  the  Company's  plans  contemplate  operating and taking acquisition
initiatives  in  the  following  three  market  segments:  1)  commercial  and
residential  real  estate investment and development; 2) commercial printing and
publishing;  3) the design, marketing and distribution of branded athletic shoes
and  apparel,  through  its  three  97%  owned  subsidiaries:  Landrush  Realty
Corporation  ("Landrush");  Media  Force  Sports  &  Entertainment, Inc. ("Media
Force");  and  SCOR  Brands,  Inc.  ("SCOR").  Operations  since  inception have
primarily  included expenditures related to development of the Company's planned
business  ventures.

                              Results of Operations

Three  Months  Ended  September  30,  2001

REVENUES.  Revenue  of $17,461 for the third quarter of 2001 compares to $28,639
for  the  third  quarter of 2000.  Effective June 1, 2000,  the Company acquired
and  integrated  Taylor  Printing and Graphics into the newly formed Media Force
Signs  Graphics & Media division of its Media Force Sports & Entertainment, Inc.
subsidiary.  The decrease in revenue for the third quarter end 2001 was due to a
general  decline  in spending in the overall economy.  Said decrease in spending
has  had  a  direct impact on business related commercial printing expenditures.

During  the remainder of fiscal year 2001, the Company intends to add additional
media  products  and services to its commercial printing operations.   Also, the
Company  shall  continue the evaluation, for acquisition, of other media product
and  service  companies  to  add  to  its  Media  Force Signs Graphics and Media
division.  Moreover,  the Company intends to open and/or acquire other locations
to  be  designated  as  Media  Force  Signs  Graphics  &  Media  retail outlets.

The  Company,  through its SCOR Brands, Inc. subsidiary has completed production
of  its  initial lines of SCOR Brand  athletic footwear.  It is the objective of
the  Company  to  cause  SCOR  Brands to move its initial product lines into the
market  and begin to generate revenues from the SCOR Brands unit.  To facilitate
movement of said products into the market, it is the objective of the Company to
add  additional  SCOR  Store  retail  outlets beginning in the Dallas,/Ft. Worth


                                        7
<PAGE>
market.  It  is  the  objective of the Company to add both company and franchise
owned  SCOR  Store  retail  outlets to facilitate distribution of its SCOR Brand
products.  The  Company  believes  that  the  market for its SCOR Brand products
remain  strong  and especially believes that there are great opportunities for a
new  brand  entrant  in  the  $13  billion  athletic  footwear  market.

The  Company believes that the further penetration of its now developed products
and  services  into  the  market  place  will  further  its ability  to increase
revenues.  In  addition,  the Company believes that its strategy of pursuing the
continued purchase of revenue streams through the merger and acquisition process
and/or  the  creation  of  various  joint  ventures  will  allow  the Company to
accelerate  the  rate  in  which  it  generates  revenue.

The Company intends to utilize the remainder of its 2001 fiscal year focusing on
identifying,  evaluating  and pursuing suitable merger and/or the acquisition of
those operating, revenue producing entities which offer products and/or services
similar to, or the same as, those proposed by the Company. The Company continues
in  direct  contact  with  various  companies  who  may  be suitable acquisition
candidates for the Company. Moreover, the Company maintains ongoing relationship
with  investment  banks  and  business  intermediaries  who  represent companies
operating  in  various  industries  who  are  seeking  to  be  acquired.

GROSS PROFIT.  Gross profit of $13,165 for the third quarter of 2001 compares to
$21,163  for  the  third quarter of 2000.  The decrease in revenue for the third
quarter  end  2001  was  due  to  a  general  decline in spending in the overall
economy.   Said  decrease  in  spending  has  had  a  direct  impact on business
related  commercial printing expenditures and thereby revenues and  gross profit
for  the  third  quarter  of  2001.

SELLING,  GENERAL  AND  ADMINISTRATIVE  EXPENSE.  Selling,  general  and
administrative  expenses  of  $18,890  for the third quarter of 2001 compares to
$30,905  for  the  third  quarter of 2000.  The decrease in selling, general and
administrative  expenses are due to a general decline in spending in the overall
economy.   Said  decrease  in  spending  has  had  a  direct  impact on business
related  commercial  printing  expenditures and thereby the Company has adjusted
its general and administrative expenses to reflect the corresponding decrease in
revenues  and  the  cost  thereof.

As the Company introduces its SCOR Brand products into the market place; expands
its  media  products  and  services  and  hires  additional personnel during the
remainder  of its 2001 fiscal year, the Company expects its selling, general and
administrative  expenses  to  increase.

NET  INCOME (LOSS).  A  net  loss of $5,725 on  revenue of $17,461 for the third
quarter  of  2001  compares to a net loss of  $9,742 on  revenue of  $28,639 for
the  third  quarter of 2000.  The net loss reported by the Company for the third
quarter  of 2001 is attributable to a higher level of general and administrative
expenses  as  related  to  revenues  and  gross  profits  for  the  period.

Liquidity  And  Capital  Resources

To continue its plan of operation for the remainder of its 2001 fiscal year, the
Company  expects to undertake capital obligations in order to market, distribute
and  expand  the  products  and/or  services  proposed  by  Media Force Sports &
Entertainment  Inc.  (Media  Force)  and  SCOR  Brands Inc. (SCOR) subsidiaries.

The  Company  expects to undertake initial capital obligations of up to $220,000
to  hire  executive  management and general administration personnel for itself.
Subsequently,  the Company expects to incur additional capital obligations of up
to   $100,000  to  hire  management, general administration, marketing and sales
personnel for Media Force and SCOR respectively and $800,000 in order to procure
initial  product  inventories  for  its  SCOR  Brand unit.  In order to fund the
continuance  of  its  operations,  the Company expects to pursue working capital
lines  of  credit  of  $100,000 for itself and $100,000 each for Media Force and
SCOR  respectively.

The  Company  expects to expand the products and services proposed to be offered
by Media Force and SCOR primarily by acquiring  those existing, income producing
operating  entities that offer products and services similar to, or the same as,
those  offered  by Media Force and SCOR.  To facilitate its growth and expansion
plans  for  Media  Force  and  SCOR,  the  Company  intends to pursue loans from
affiliates  of  the  Company  and/or  sell  a portion of its SCOR Brands unit to
procure   up  to  $1,000,000.


                                        8
<PAGE>
Plan  of  Operation

The Company's plan of operation for the remainder of its 2001 fiscal year is to:
(1) promote, market and/or introduce into the consumer  marketplace the products
and  services  proposed  by  its  Media Force and SCOR units and (2) continue to
identify,  evaluate  and  pursue  suitable  merger  and/or  acquisition of those
operating,  income  producing  entities  which  offer  products  and/or services
similar  to,  or  the  same  as,  those  proposed  by  the  Company.

                            PART II-OTHER INFORMATION

Item  1.  Legal  Proceedings

None

Item  2.  Changes  in  Securities

None

Item  3.  Defaults  upon  Senior  Securities

None

Item  4.  Submission  of  Matters  to  a  Vote  of  Securities  Holders.

None

Item  5.  Other  Information

None

Item  6.  Exhibits  and  Reports  on  Form  8-K

On  October  3,  2001,  a  report  of Form 8-K was filed with the Securities and
Exchange Commission regarding Citizens Capital Corp. Class A Subscription Rights
Agreement  dated  August  30,  2001.

                                  EXHIBIT INDEX

                         SEE "EXHIBIT INDEX" ON  PAGE 11

Pursuant  to  the  requirements  of Section 12 of the Securities Exchange Act of
1934, the registrant has duly caused this registration statement to be signed on
its  behalf  by  the  undersigned,  thereunto  duly  authorized.

Date:  November  15,  2001                      By:  ______________________
                                                     Chief  Executive  Officer

Citizens  Capital  Corp.                        By:  /s/  Billy  D.  Hawkins
------------------------                             -----------------------
     (Registrant)                                    Chief  Executive  Officer



                                       9
<PAGE>
                                  EXHIBIT INDEX


Exhibit No                          Description                        Page No.
----------                          -----------                        -------
          None


                                       10
<PAGE>