Community Investors Bancorp, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
January 14, 2019
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Community Investors Bancorp, Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced net interest income was USD 1.424 million compared to USD 1.273 million a year ago. Net income was USD 275,000 compared to USD 462,000 a year ago. Basic earnings per share was USD 0.34 compared to USD 0.58 a year ago. For the half year, net interest income was USD 2.824 million compared to USD 2.576 million a year ago. Net income was USD 599,000 compared to USD 811,000 a year ago. Basic earnings per share was USD 0.75 compared to USD 1.02 a year ago.
Community Investors Bancorp, Inc. is a holding company whose principal activity is the ownership and management of its wholly owned subsidiary, First Federal Community Bank of Bucyrus (Bank). The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in northern Ohio. It provides personal banking and business banking services. Its deposit accounts include checking, savings, money market, Christmas club, health savings, certificates of deposit and individual retirement accounts. Its online services include online banking, bill pay, eStatements, mobile banking, remote deposit capture and cash management. It provides consumer loans, home equity loans, home equity line of credit, auto & RV loans, mortgage loans, construction loans and others. It also offers secured loans, credit cards, commercial investment real estate, construction loans, equipment financing, business loan applications and others.