Community Investors Bancorp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 03, 2024
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Community Investors Bancorp, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported net interest income was USD 2.04 million compared to USD 1.8 million a year ago. Net income was USD 0.144 million compared to USD 0.189 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.24 a year ago.
For the nine months, net interest income was USD 6 million compared to USD 5.93 million a year ago. Net income was USD 0.744 million compared to USD 0.751 million a year ago. Basic earnings per share from continuing operations was USD 0.94 compared to USD 0.94 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.