Friday, October 28, 2011

State Bank Corp Reports Third Quarter Results

LAKE HAVASU CITY, Ariz., Oct. 28, 2011 (GLOBE NEWSWIRE) -- State Bank Corp. (OTCBB:SBAZ)("Company"), the holding company for Mohave State Bank ("Bank"), today announced net income of $123,000, or $0.02 per diluted share, for the quarter ended September 30, 2011, as compared to net income of $235,000, or $0.06 per diluted share, for the same period of 2010. For the nine months ended September 30, 2011, the Company reported net income of $405,000, or $0.08 per diluted share, as compared to a net operating l...continued
     

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