reports
Select Bancorp Reports Second Quarter 2021 Earnings
Select Bancorp Reports Second Quarter 2021 Earnings DUNN, N.C., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended June 30, 2021 of $5.6 million with basic and diluted earnings per share of $0.33 and $0.32, respectively, compared to net income of $681,000 with basic and diluted earnings per share of $0.04 for the comparative quarter ended June 30, 2020. The increase in net income in the second quarter of 2021 compared to 2020 was primarily attributable t...
Select Bancorp Reports First Quarter 2021 Earnings
Select Bancorp Reports First Quarter 2021 Earnings DUNN, N.C., April 28, 2021 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended March 31, 2021 of $6.3 million with basic and diluted earnings per share of $0.36, compared to net income of $1.1 million with basic and diluted earnings per share of $0.06 for the comparative quarter ended March 31, 2020. The increase in net income in the first quarter of 2021 compared to 2020 was primarily attributable to an increase in ea...
Select Bancorp Reports Fourth Quarter and Year-End 2020 Earnings
Select Bancorp Reports Fourth Quarter and Year-End 2020 Earnings DUNN, N.C., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company (the “Bank”), today reported net income for the year ended December 31, 2020 of $8.2 million, or $0.46 and $0.45 per basic and diluted share, respectively, as compared to net income for the year ended December 31, 2019 of $13.0 million, or $0.69 and $0.68 per basic and diluted share, respectively. This was a decrease of 37.4% in net income compared to the year ended December 3...
Select Bancorp Reports Third Quarter 2020 Earnings
Select Bancorp Reports Third Quarter 2020 Earnings DUNN, N.C., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended September 30, 2020 of $2.5 million with basic and diluted earnings per share of $0.14, compared to net income of $3.2 million with basic and diluted earnings per share of $0.17 for the comparative quarter ended September 30, 2019. The decrease in net income in the third quarter of 2020 compared to the third quarter of 2019 was primarily attri...
Select Bancorp Reports Second Quarter 2020 Earnings
Select Bancorp Reports Second Quarter 2020 Earnings DUNN, N.C., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended June 30, 2020 of $681,000 with basic and diluted earnings per share of $0.04, compared to net income of $3.4 million with basic and diluted earnings per share of $0.18 for the comparative quarter ended June 30, 2019. The decrease in net income in the second quarter of 2020 compared to the second quarter of 2019 was primarily attributable to ...
Select Bancorp Inc: 1 director bought
A director at Select Bancorp Inc bought 3,400 shares at 7.161USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
Select Bancorp Reports First Quarter 2020 Earnings
Select Bancorp Reports First Quarter 2020 Earnings DUNN, N.C., April 29, 2020 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended March 31, 2020 of $1.1 million with basic and diluted earnings per share of $0.06, compared to net income of $3.3 million with basic and diluted earnings per share of $0.17 for the comparative quarter ended March 31, 2019. The decrease in net income in the first quarter of 2020 compared to 2019 was primarily attributable to $389,000 of expen...
Select Bank & Trust Company Completes Acquisition of Three Western No...
Select Bank & Trust Company Completes Acquisition of Three Western North Carolina Branches from Entegra Bank, a Division of First Citizens Bank DUNN, N.C., April 17, 2020 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT), the holding company for Select Bank & Trust Company, announced today that Select Bank & Trust has finalized the purchase of three branches in western North Carolina from Entegra Bank, a Division of First Citizens Bank. Select Bank & Trust has assumed the deposits, and majority of the loans, property, equipment and other selected assets associated with the Entegra B...
Select Bancorp Reports Fourth Quarter and Year-End 2019 Earnings
Select Bancorp Reports Fourth Quarter and Year-End 2019 Earnings DUNN, N.C., Jan. 24, 2020 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company (the “Bank”), today reported net income for the year ended December 31, 2019 of $13.0 million, or $0.69 and $0.68 per basic and diluted share, respectively. This was a decrease of 5.4% in net income compared to the year ended December 31, 2018. Net income per share declined approximately 20.7% for basic and 21.8% for diluted share from the $0.87 per basic and diluted share re...
Select Bank Announces Planned Opening of Cornelius, North Carolina Loc...
Select Bank Announces Planned Opening of Cornelius, North Carolina Location CORNELIUS, N.C., Nov. 12, 2019 (GLOBE NEWSWIRE) -- Select Bank & Trust is pleased to announce the expansion of its branch network into Cornelius, N.C. The new office, located at 18825 West Catawba Avenue, Suite 100, at the corner of West Catawba Avenue and Nantz Road, is expected to open in early 1st Quarter 2020. The full-service branch will offer exceptional customer service with our full commercial and consumer banking services and solutions and will feature drive-thru lanes as well as a full-service ATM machin...
Select Bancorp Reports Third Quarter 2019 Earnings
Select Bancorp Reports Third Quarter 2019 Earnings DUNN, N.C., Oct. 31, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended September 30, 2019 of $3.2 million with basic and diluted earnings per share of $0.17, compared to net income of $4.3 million and basic and diluted earnings per share of $0.27 for the comparative quarter ended September 30, 2018. Total assets, deposits, and gross loans for the Company as of September 30, 2019 were $1.3 billio...
Select Bancorp Announces New Stock Repurchase Plan
Select Bancorp Announces New Stock Repurchase Plan DUNN, N.C., Sept. 17, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, announced today that its Board of Directors has approved a new stock repurchase plan. Under the new plan, the Company is authorized to repurchase up to 937,248 outstanding shares of its common stock. The Company may repurchase shares on the open market or through privately negotiated transactions. The new plan replaces a stock repurchase plan previously announced in August 2016 that authori...
Select Bancorp Reports Second Quarter 2019 Earnings
Select Bancorp Reports Second Quarter 2019 Earnings DUNN, N.C., Aug. 02, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended June 30, 2019 of $3.4 million with basic and diluted earnings per share of $0.18, compared to net income of $3.1 million and basic and diluted earnings per share of $0.22 for the comparative quarter ended June 30, 2018. Total assets, deposits, and gross loans for the Company as of June 30, 2019 were $1.3 billion, $1.0 billion, and $997.1 mill...
Select Bancorp Announces Plans to Close Washington, NC Location
Select Bancorp Announces Plans to Close Washington, NC Location DUNN, N.C., July 19, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company (the “Bank”), announced today that the Bank has decided to close its branch located at 155 N. Market Street in Washington, N.C. “Decisions like these are never easy or taken lightly,” said William L. Hedgepeth II, President and Chief Executive Officer of the Company and the Bank. “We have enjoyed serving the folks in the Beaufort County market for many years and are grateful ...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach Branch of City National Bank DUNN, N.C., June 13, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, today announced it has received the necessary regulatory approvals for the acquisition of the City National Bank of West Virginia branch in Virginia Beach, Virginia. Terms of the previously announced Purchase and Assumption Agreement provide for Select Bank to acquire the equipment, and other selected assets associated with City National...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach Branch of City National Bank DUNN, N.C., June 13, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, today announced it has received the necessary regulatory approvals for the acquisition of the City National Bank of West Virginia branch in Virginia Beach, Virginia. Terms of the previously announced Purchase and Assumption Agreement provide for Select Bank to acquire the equipment, and other selected assets associated with City National...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach Branch of City National Bank DUNN, N.C., June 13, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, today announced it has received the necessary regulatory approvals for the acquisition of the City National Bank of West Virginia branch in Virginia Beach, Virginia. Terms of the previously announced Purchase and Assumption Agreement provide for Select Bank to acquire the equipment, and other selected assets associated with City National...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach Branch of City National Bank DUNN, N.C., June 13, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, today announced it has received the necessary regulatory approvals for the acquisition of the City National Bank of West Virginia branch in Virginia Beach, Virginia. Terms of the previously announced Purchase and Assumption Agreement provide for Select Bank to acquire the equipment, and other selected assets associated with City National...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach...
Select Bank Receives Regulatory Approval to Acquire the Virginia Beach Branch of City National Bank DUNN, N.C., June 13, 2019 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, today announced it has received the necessary regulatory approvals for the acquisition of the City National Bank of West Virginia branch in Virginia Beach, Virginia. Terms of the previously announced Purchase and Assumption Agreement provide for Select Bank to acquire the equipment, and other selected assets associated with City National...
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