Business NewsPR NewsWire • New Century Bancorp Reports Year-End 2009 Results

New Century Bancorp Reports Year-End 2009 Results

New Century Bancorp Reports Year-End 2009 Results

DUNN, N.C., Jan. 29 /PRNewswire-FirstCall/ -- Prior to write-off of goodwill, Company's net income for 2009 was $232,000, or $.03 per share.$8.6 million write- off of goodwill from 2006 purchase of Progressive State Bank negatively impacts results.Deposit growth for 2009 was 7.0%. Loan growth for th

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