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Eureka Financial Corp. Announces Earnings for the Three Months Ended December 31, 2013

January 21, 2014

PITTSBURGH --(BUSINESS WIRE)-- Eureka Financial Corp., (the “Company”), the parent holding company for Eureka Bank (the “Bank”), Pittsburgh, Pennsylvania , today announced net income for the three months ended December 31, 2013 of $366,000 , or $0.31 diluted earnings per share, as compared to net income of $333,000 , or $0.25 diluted earnings per share, for the three months ended December 31, 2012 . The increase in net income was primarily attributable to a decrease in interest expense and, to a lesser extent, a decrease in the provision for loan losses offset by an increase in income tax expense. The Bank, founded in 1886, is a federally chartered stock savings bank and operates two offices in the Pittsburgh metropolitan area. The Company’s common stock trades in the over-the-counter market under the symbol “EKFC.” The foregoing material may contain forward-looking statements concerning the financial condition, results of operations and business of the Company. We caution that such statements are subject to a number of uncertainties and actual results could differ materially and, therefore, readers should not place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims, any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. EUREKA FINANCIAL CORP. Selected Financial Data ( Dollars in thousands except per share data ) December 31 , September 30 , 2013 2013 (Unaudited) Total assets $ 142,823 $ 140,950 Cash and investments 16,767 16,495 Loans receivable, net 122,485 121,446 Allowance for loan losses (1,309) (1,299) Deposits 112,904 117,457 Total liabilities 120,642 118,964 Stockholders' equity $ 22,181 $ 21,986 Nonaccrual loans $ 899 $ 866 Repossessed assets -- -- Total nonperforming assets $ 899 $ 866 Allowance for loan losses to total loans 1.07% 1.07% Nonperforming loans to net loans 0.73% 0.71% Nonperforming assets to total assets 0.63% 0.61% Book value per share $ 17.68 $ 17.51 Number of common shares outstanding 1,254,497 1,255,819 Three Months Ended December 31 , (Unaudited) 2013 2012 Interest income $ 1,677 $ 1,683 Interest expense 242 312 Net interest income 1,435 1,371 Provision for loan losses 10 40 Net interest income after provision for loan losses 1,425 1,331 Noninterest income 25 36 Noninterest expense 879 861 Income before income taxes 571 506 Income tax expense 205 173 Net income $ 366 $ 333 Eureka Financial Corp. Edward F. Seserko President and CEO 412-681-8400 Source: Eureka Financial Corp.


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