New Century Bancorp Inc. (NCBC: Quote) reported fourth-quarter net income of $599,000 or $0.09 per share, compared to net income of $125,000 or $0.02 per share in the year ago quarter.
Net interest income for the quarter declined to $5.18 million from $5.97 million in the prior year quarter. Non-interest income was $0.6 million, down from $0.7 million in year ago quarter.
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by RTT Staff Writer
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