Bank of the Carolinas Corp. (BCAR) reported a fourth-quarter net loss available to common shareholders of $8.8 million compared to a net loss of $2.5 million for the fourth quarter of 2010. The net loss per common share was $2.26 for the fourth quarter of 2011 compared with a net loss per share of $0.65 for the fourth quarter of 2010.
Net interest income for the quarter declined to $3.19 million from $3.81 million in the prior year quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.