Community Investors Bancorp, Inc. reported earnings results for the six months ended December 31, 2014. For the period, the company reported net earnings available to common shareholders of $347,000, or $0.44 per common share, representing an increase of $117,000 or 50.9%, compared to the net earnings of $230,000, or $0.29 per common share reported for the six months ended December 31, 2013. The increase in 2014 earnings reflects an increase in net interest income of $357,000 or 16.9% and an increase in other income of $167,000 or 27.5%.

This was partially offset by an increase in general, administrative and other expenses of $281,000 or 12.9%, and an increase in provision for losses on loans of $62,000 or 29.6%.