Community Investors Bancorp, Inc. reported total assets at
Community Investors Bancorp, Inc. CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (In thousands) UNAUDITED June 30, June 30, ASSETS 2008 2007 Cash and cash equivalents $13,872 $4,611 FHLB overnight deposits 4,600 2,500 Investment securities 5,394 10,846 Mortgage-backed securities 4,509 2,589 Loans receivable 107,346 110,627 Interest receivable 840 957 Prepaid federal income tax 130 285 FHLB stock 2,207 2,133 Prepaid expenses 441 574 Fixed assets 4,343 3,361 Other assets 293 490 Total assets $143,975 $138,973 LIABILITIES AND SHAREHOLDERS' EQUITY Deposits $ 93,124 $ 86,197 Advances from the Federal Home Loan Bank 38,500 40,506 Interest payable 275 352 Other liabilities 1,095 1,085 Deferred federal income tax 130 196 Total liabilities 133,124 128,336 Shareholders' equity 10,851 10,637 Total liabilities and shareholders' equity $143,975 $138,973 Community Investors Bancorp, Inc. CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (In thousands, except share data) UNAUDITED Year ended Three months ended June 30, June 30, 2008 2007 2008 2007 Total interest income $8,972 $8,511 $2,127 $2,252 Total interest expense 4,954 4,388 1,183 1,158 Net interest income 4,018 4,123 944 1,094 Provision for losses on loans 233 205 103 45 Net interest income after provision for losses on loans 3,785 3,918 841 1,049 Other income 541 717 167 181 General, administrative and other expense 3,297 4,527 765 1,924 Earnings before income taxes 1,029 108 243 (694) Federal income taxes 354 41 84 (237) NET EARNINGS $675 $67 $159 $(457) EARNINGS PER SHARE Basic $0.77 $0.08 $0.18 $(0.52) Diluted $0.77 $0.08 $0.18 $(0.52)
SOURCE Community Investors Bancorp, Inc.