MUNSTER – CFS Bancorp Inc., the parent company for Citizens Financial Bank, has announced net second quarter income of $1.2 million, up from $981,000 one year ago. Per share earnings rose from 9 cents last year to 11 cents.
Chairman and CEO Thomas Prisby said the bank is well on its way to diversifying its loan portfolio and reducing loans that don’t meet risk-tolerance levels.
As of June 30, Prisby said the bank had $1.1 billion in assets.
