First Bancorp of Indiana Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2011. For the quarter, interest income was $3.45 million against $3.61 million a year ago. Net interest income was $2.27 million against $2.03 million a year ago. Income before income taxes was $0.41 million against $0.48 million a year ago. Net income was $0.36 million against $0.38 million a year ago. The quarter-over-quarter change was attributed in part to personnel expenses associated with an expansion of the business lending department. For the six months, interest income was $6.98 million against $7.50 million a year ago. Net interest income was $4.56 million against $4.25 million a year ago. Income before income taxes was $0.75 million against $0.45 million a year ago. Net income was $0.67 million against $0.46 million a year ago. The improved comparative year-to-date earnings were due largely to impairment charges on certain investment securities that reduced net income $330,000 in the first half of fiscal 2011 compared to just $21,000 so far this fiscal year.