DUNN, N.C. (AP) _ Select Bancorp Inc. (SLCT) on Friday reported fourth-quarter earnings of $3 million.
On a per-share basis, the Dunn, North Carolina-based company said it had net income of 16 cents.
The bank holding company posted revenue of $16.3 million in the period. Its adjusted revenue was $13.3 million.
For the year, the company reported profit of $13 million, or 68 cents per share. Revenue was reported as $52.3 million.
Select Bancorp shares have decreased nearly 4% since the beginning of the year. In the final minutes of trading on Friday, shares hit $11.82, a decrease of roughly 1% in the last 12 months.