Community Investors Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2019
July 14, 2019
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Community Investors Bancorp, Inc. announced earnings results for the fourth quarter ended June 30, 2019. For the fourth quarter, the company announced net interest income was USD 1.473 million compared to USD 1.329 million a year ago. Net income was USD 267,000 compared to USD 205,000 a year ago. Basic earnings per share was USD 0.34 compared to USD 0.26 a year ago. For the full year, net interest income was USD 5.656 million compared to USD 5.166 million a year ago. Net income was USD 1.012 million compared to USD 1.164 million a year ago. Basic earnings per share was USD 1.27 compared to USD 1.46 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.