Community Investors Bancorp, Inc. reported total assets at
Community Investors Bancorp, Inc. CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (In thousands) September 30, June 30, ASSETS 2008 2008 Cash and cash equivalents $11,948 $13,890 FHLB overnight and term deposits 4,600 4,600 Investment securities 6,230 5,394 Mortgage-backed securities 4,339 4,509 Loans receivable 107,764 107,246 Interest receivable 831 840 Prepaid federal income tax 86 130 FHLB stock 2,237 2,207 Prepaid expenses 406 441 Fixed assets 4,328 4,343 Other assets 365 293 Total assets $143,134 $143,893 LIABILITIES AND SHAREHOLDERS' EQUITY Deposits $93,325 $93,142 Advances from the Federal Home Loan Bank 38,500 38,500 Interest payable 278 275 Other liabilities 350 1,095 Deferred federal income tax 32 96 Total liabilities 132,485 133,108 Shareholders' equity 10,649 10,785 Total liabilities and shareholders' equity $143,134 $143,893 Community Investors Bancorp, Inc. CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (In thousands, except share data) Three months ended September 30, 2008 2007 Total interest income $2,077 $2,240 Total interest expense 1,165 1,217 Net interest income 912 1,023 Provision for losses on loans 59 25 Net interest income after provision for losses on loans 853 998 Other income 132 127 General, administrative and other expense 856 879 Earnings before income taxes 129 246 Federal income taxes 44 84 NET EARNINGS $ 85 $ 162 EARNINGS PER SHARE Basic $ .10 $ .18 Diluted $ .10 $ .18
SOURCE Community Investors Bancorp, Inc.