| Seacoast Commerce Bank (OTC: SCCB) today announced its unaudited results of operations for the fourth quarter and full-year ending December 31, 2011. The Bank reported net income of $2.3 million for the year, compared to net income of $326 thousand for 2010, a 598% increase, with net income of $711 thousand in the fourth quarter compared to net income of $585 thousand in the third quarter, a 21.5% increase on linked quarters. This marks the bank's sixth consecutive quarterly profit. Selecte...continued SCCB Financial contract bank |
Tuesday, January 24, 2012
Seacoast Commerce Bank Announces Fourth Quarter and Full-Year Profit, Record Growth and Credit Improvement
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