Georgia-Carolina Bancshares Reports Strong First Quarter Earnings, Announces Cash Dividend and Plans for New Branch Office in Evans, GA

AUGUSTA, Ga., April 25, 2012 (GLOBE NEWSWIRE) -- Georgia-Carolina Bancshares, Inc. (OTCBB:GECR), parent company of First Bank of Georgia, today reported quarterly net income of $1,284,000 ($0.36 per diluted common share) for the three months ended March 31, 2012, compared to $1,391,000 ($0.39 per diluted common share) for the three months ended March 31, 2011. This represents a 9.96% return on average equity and a 1.05% return on average assets (both annualized). Book value totaled $14.28 per common s...continued GECR  Banking Financial

URL: http://www.investorpoint.com/news/EARNINGS/50664668/