Friday, January 27, 2012

Southeastern Bank Financial Corp. Reports Positive Earnings for the Fourth Quarter and Year-End 2011

AUGUSTA, Ga., Jan. 27, 2012 (GLOBE NEWSWIRE) -- Southeastern Bank Financial Corp. (OTCBB:SBFC), the holding company for Georgia Bank & Trust Company of Augusta (GB&T), today reported quarterly net income of $3.0 million, or $0.45 in diluted earnings per share, for the three months ended Dec. 31, 2011, compared to quarterly net income of $2.1 million, or $0.32 in diluted earnings per share, in the fourth quarter of 2010. For the full year, the company reported net income of $11.0 million, or $1...continued
     

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