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Select Bancorp: 3Q Earnings Snapshot

DUNN, N.C. (AP) _ Select Bancorp Inc. (SLCT) on Thursday reported third-quarter net income of $3.2 million.

On a per-share basis, the Dunn, North Carolina-based company said it had profit of 17 cents. Earnings, adjusted for non-recurring costs, came to 18 cents per share.

The bank holding company posted revenue of $16.5 million in the period. Its adjusted revenue was $13.3 million.

Select Bancorp shares have fallen almost 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.30, a decline of slightly more than 8% in the last 12 months.


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