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  March  31,  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                  (IRS Employer Identification No.)
 of incorporation organization)

1223 E. Beltline Rd., Suite 116, Dallas, 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  May 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         7
of Financial Condition

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           8
                      Securities Holders

             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 March 31, 2001; statements of operations; statement of
cash flows for the first quarters ended March 31, 2001 and 2000 respectively and
the period from inception (March 12, 1991) to March 31, 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 March 31, 2001 and results of operations for the
first  quarter  ended March 31, 2001 and 2000.  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 March 31, 2001

                                                ASSETS
                                                ------

<S>                                                                                     <C>
CURRENT ASSETS:
  Cash                                                                                  $        192
  Accounts receivable                                                                          3,179
                                                                                        -------------
          Total current assets                                                                 3,371

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

INTANGIBLE ASSETS, net                                                                           320
                                                                                        -------------

          Total assets                                                                  $     31,138
                                                                                        =============

LIABILITIES AND STOCKHOLDERS DEFICIT

CURRENT LIABILITIES:
  Current portion of loans from stockholders                                            $     16,953
  Accounts payable and accrued liabilities                                                    16,189
  Credit card cash advances                                                                   38,418
  Advances from stockholder                                                                    8,270
                                                                                        -------------
          Total current liabilities                                                           79,830

LOANS FROM STOCKHOLDERS, net of current portion                                               14,361


STOCKHOLDERS' DEFICIT:
  Preferred stock, $1.00 stated value, 5,000,000 shares authorized; 1,000,000 shares
    issued and outstanding                                                                 1,000,000
  Common stock, no par value, 100,000,000 shares authorized; 48,022,500 shares issued
    and outstanding ($.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                                          (230,186)
                                                                                        -------------
          Total stockholders' deficit                                                        (63,053)
                                                                                        -------------

          Total liabilities and stockholders' deficit                                   $     31,138
                                                                                        =============
</TABLE>


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

                        CONSOLIDATED STATEMENTS OF OPERATIONS

                 For the THREE Months Ended march 31, 2001 and 2000
                  AND THE PERIOD FROM INCEPTION(MARCH 12, 1991) TO
                                   march 31, 2001
                                     (Unaudited)


                                            THREE Months Ended
                                        --------------------------
                                                 March 31,
                                                 ---------             Period from
                                            2001          2000      March 12, 1991 to
                                        ------------  ------------   March 31, 2001
<S>                                     <C>           <C>           <C>
SALES                                   $    23,253   $         0   $        85,779

COST OF SALES                                 4,424             0            18,295
                                        ------------  ------------  ----------------
                                             18,829             0            67,484

GENERAL AND ADMINISTRATIVE EXPENSES          51,297         3,333           297,670
                                        ------------  ------------  ----------------

NET LOSS                                $   (32,468)  $    (3,333)  $      (230,186)
                                        ============  ============  ================

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

Weighted Average Shares                  41,347,500    40,500,000
                                        ============  ============
</TABLE>


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

                                 CONSOLIDATED STATEMENTS OF CASH FLOWS

                           For the THREE Months Ended march 31, 2001 and 2000
                            AND THE PERIOD FROM INCEPTION(MARCH 12, 1991) TO
                                             march 31, 2001
                                              (Unaudited)


                                                       THREE MONTHS ENDED MARCH 31,     Period  from
                                                       ----------------------------   March 12, 1991 to
                                                           2001           2000        March  31,  2001
                                                       -------------  -------------  ------------------
<S>                                                    <C>            <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                             $    (32,468)  $     (3,333)  $        (230,186)
                                                                                     ==================
    Adjustments to reconcile net loss to cash used by
    operating activities:
      Expenses paid by stockholder                                -              -              95,083
      Services paid for with stock and options               25,125              -              55,225
      Depreciation and amortization                               -              -               7,197
      Increase in accounts receivable                           308              -              (3,179)
      Increase (Decrease) in Prepaid Expenses                     -              -                   -
      Increase (Decrease) in accounts payable                 2,250              -              16,189
      Increase in credit card advance                             -              -              38,418
          Net cash used by operating activities              (4,785)        (3,333)            (21,253)

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

CASH FLOWS FROM FINANCING ACTIVITIES -
  Sale of stock and contribution by stockholder                   -          1,126              16,825
  Loan from shareholders                                      4,600              -              31,314
  Stockholder advances                                            -              -               8,270
          Net cash used by financing activities               4,600          1,126              56,409

NET INCREASE (DECREASE) IN CASH                                (185)        (2,207)                192

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

CASH, end of period                                    $        192   $         14   $             192
                                                       =============  =============  ==================
</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  March  31,  2001 and the consolidated
statements  of  operations  for the three month periods ended March 31, 2001 and
2000 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 March 31, 2001 and the
results  of  operations  for  the  three  months  ended March 31, 2001 and 2000.

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  is engaged in commercial printing. 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)  media sales and print 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.

During  fiscal  year 2001, it is the Company's objective to pursue opportunities
to  strategically expand its commercial printing operations by adding additional
locations.

The  Company  has  completed development of its SCOR Brand footwear products and
expects  to  introduce said products into the consumer marketplace during fiscal
year  2001.  The  Company  has  placed orders for initial product inventories of
$1,622,135  to  be  delivered  during  fiscal  year  2001.

                              Results of Operations

Three  Months  Ended  March  31,  2001

REVENUES.  Revenue  of  $23,253 for the first quarter of 2001 compares to $0 for
the  first  quarter  of  2000.  For  the  first  quarter end 2000, the Company's
products and services had not been introduced into their respective markets.  As
such,  the  Company  generated  no  revenue  for  this  period.  The  Company's
commercial printing operations, acquired June 1, 2000, was primarily responsible
for  revenues  generated  for  the quarter ended March 31, 2001. The Company has
completed  primary  development  of  its  initial  products  and services and is
currently  preparing  said products and services for entry into their respective
markets.  The  Company  believes  that  the markets for each of its products and
services  remain  strong.  In  order  to  facilitate  the  entry  of its initial
products and services into their respective markets, the Company has implemented
a  strategy  of  purchasing  revenue  streams  through  the acquisition of those
certain operating entities, assets and/or marketing rights which may provide the
Company  with  complementary  additions  to  its  existing  operations,  assets,
products  and/or  services.

In  addition  to introducing its own products and services into their respective
markets,  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.


                                        7
<PAGE>
GROSS  PROFIT.  Gross profit of $18,829 the first quarter of 2001 compares to $0
for  the  first  quarter  of 2000. The Company's commercial printing operations,
acquired  June 1, 2000, was primarily responsible for gross profit generated for
the  quarter  ended March 31, 2001. The lack of gross profit for the comparative
period ended March 31, 2000 is attributable to a the lack of revenue and cost of
revenue  generated  for  the  period.  For  the  first  quarter  ended 2000, the
Company's  products  and  services  were  not  introduced  into their respective
markets,  as  such,  the Company did not report any gross profit for the period.

SELLING,  GENERAL  AND  ADMINISTRATIVE  EXPENSE.  Selling,  general  and
administrative  expenses  of  $51,297  for the first quarter of 2001 compares to
$3,333  for  the  first  quarter  of  2000. The increase in selling, general and
administrative  expenses  for the period ended March 31, 2001 primarily reflects
the  general expenses associated with the Company's acquisition, integration and
operation  of its commercial printing operations, acquired June 1, 2000.  As the
Company  introduces  its  products and services into the market place during the
remainder  of its 2001 fiscal year, the Company expects its selling, general and
administrative  cost shall increase.  In addition, for the remainder of its 2001
fiscal  year, the Company expects selling, general and administrative cost shall
increase  as  it continues its ongoing identification, evaluation and pursuit of
suitable  merger,  acquisition  and/or  joint  venture  candidates.

OTHER INCOME (EXPENSES).  The Company did not generate any other items of income
or  expense  for  the  first  quarter  of  2001  nor  the first quarter of 2000.

NET  INCOME (LOSS).  A net loss of ($32,468) on revenue of $23,253 for the first
quarter  of  2001  compares  to  a net loss of ($3,333) on revenue of $0 for the
first  quarter  ended  March  31,  2000.  The  net  loss generated for the first
quarter ended March 31, 2001 is due to an increase in general and administrative
expenses associated with the Company's acquisition, integration and operation of
its  commercial  printing  operations,  acquired  June  1,  2000.  The  net loss
reported  by the Company for the period ended March 31, 2000 is due to a lack of
revenue  generated  while  general  administrative  expenses  associated  with
operations  remained  constant.

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  its  Landrush Realty
Corporation  (Landrush);  Media  Force Sports & Entertainment Inc. (Media Force)
and  SCOR  Brands  Inc.  (SCOR)  subsidiaries.

The  Company  expects to consummate trade finance obligations during fiscal year
2001  of  approximately $1,600,000 related to the production of initial footwear
inventories  associated  with  its  SCOR  unit.  The  Company  expects  to incur
additional  capital  obligations  of  $100,000  and $100,000 to hire management,
general  administration,  marketing  and sales personnel for its Media Force and
SCOR units respectively.  In order to fund the continuance of its operations and
further  the  development of its respective units, the Company expects to pursue
working  capital  lines  of  credit  of $50,000 for itself and $100,000 each for
Landrush;  Media  Force  and  SCOR  respectively.

The  Company  expects  to  initiate  and/or expand the products and services now
offered or proposed to be offered by Landrush; 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 now offered or proposed
to be offered.  To facilitate its growth and expansion plans for Landrush; Media
Force  and  SCOR,  the  Company  intends  to pursue loans from affiliates of the
Company  and/or  third  party  lenders  in the amounts of $415,000; $100,000 and
$1,622,000  respectively for each of its three subsidiaries.  The Company itself
or its subsidiary units separately may seek to raise capital through the sale of
equity  in  a  private  placement  or  public  offering.


                                        8
<PAGE>
Plan  of  Operation

The Company's plan of operation for the remainder of its 2001 fiscal year is to:
(1)  introduce  its  branded  footwear  products  into  the consumer marketplace
through its SCOR unit and to expand the commercial printing and media operations
of  its  Media Force unit (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

None

                                  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:  May 17, 2001


                                             By:
                                                  -----------------------
                                                  Chief  Executive  Officer

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



                [THE REMAINDER OF PAGE LEFT BLANK INTENTIONALLY]


                                        9
<PAGE>
                                  EXHIBIT INDEX


Exhibit No.                   Description              Page No.
-----------                   -----------              -------
No  Exhibits  Filed


                                       10
<PAGE>