Consumers Bancorp Inc. announced earnings results for the first quarter ended September 30, 2009. For the quarter, the company reported net interest income of $2,427,000 compared to $2,473,000 for the same period a year ago. Net income was $565,000 or $0.28 per share compared to $570,000 or $0.28 per share for the same period a year ago. Return on average assets was 0.89% compared to 0.95% for the same period a year ago. Return on average equity was 10.22% compared to 11.48% for the same period a year ago. As on September 30, 2009, Book value per share was $11.31 and as on September 30, 2008, book value per share was $9.42.

Consumers Bancorp Inc. reported earnings results for the year ended June 30, 2009. For the year, the company's net income was $2.02 million, up from $1.80 million for the previous fiscal year. Earnings per share for fiscal 2009 were $1.00, up from $0.88 for the previous fiscal year.

Consumers Bancorp Inc. proposed to adopt amendments to company’s Amended and Restated Articles of Incorporation to increase the number of authorized shares of common stock from 2.5 million to 3.5 million and to authorize 350,000 shares of preferred stock, the proposal is to be consider at the AGM which to be held on October 28, 2009.