University Bancorp Inc. announced audited earnings results for the year ended Dec. 31, 2014. Net income attributable to company common stockholders in 2014 was $755,181 or $0.16 per share compared to $1,826,008, or $0.391 per share a year ago.

The company had pre-tax income of $986,757, versus pre-tax income of $3,678,893 in 2013. Return on equity attributable to common stock shareholders was 8.0% versus 24.6% in 2013.