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Select Bancorp: 2Q Earnings Snapshot

DUNN, N.C. (AP) _ Select Bancorp Inc. (SLCT) on Friday reported second-quarter earnings of $3.4 million.

The Dunn, North Carolina-based company said it had net income of 18 cents per share.

The bank holding company posted revenue of $15.9 million in the period. Its adjusted revenue was $13 million.

Select Bancorp shares have dropped 11% since the beginning of the year. In the final minutes of trading on Friday, shares hit $11.02, a decrease of 14% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLCT at https://www.zacks.com/ap/SLCT