First Bancorp of Indiana Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015
July 25, 2015 at 03:12 am IST
First Bancorp of Indiana Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2015. For the quarter, the company reported interest income of $3,406,000 against $3,355,000 a year ago. Net interest income was $2,631,000 against $2,517,000 a year ago. Net interest income after provision was $2,631,000 against $2,472,000 a year ago. Income before income taxes and cumulative effect of a change in accounting principle was $512,000 against $438,000 a year ago. Net income was $436,000 against $387,000 a year ago.
For the year, the company reported interest income of $13,646,000 against $13,245,000 a year ago. Net interest income was $10,426,000 against $9,894,000 a year ago. Net interest income after provision was $10,351,000 against $9,654,000 a year ago. Income before income taxes and cumulative effect of a change in accounting principle was $1,699,000 against $1,548,000 a year ago. Net income was $1,517,000 against $1,419,000 a year ago.