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.