Select Bancorp (SLCT) Reports Q2 EPS of $0.16

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Select Bancorp Reports Second Quarter 2015 Earnings

July 30, 2015 5:26 PM EDT

DUNN, N.C., July 30, 2015 /PRNewswire/ -- Select Bancorp, Inc. (the "Company" NASDAQ: SLCT), the holding company for Select Bank & Trust, today reported net income of $1.8 million for the quarter ended June 30, 2015, and basic and diluted earnings per share of $0.16, compared to net income of $613,000 and basic and diluted earnings per share of $0.09 for the second quarter of 2014.  The third quarter 2014 merger of New Century Bancorp, Inc., and legacy Select Bancorp, Inc., impacts comparisons of the second quarter of 2014 to the second quarter of 2015.

Total assets, deposits, and total loans for the Company as of... More