Stonegate Bank Q2 Profit Down

7/18/2012 11:49 AM ET

Stonegate Bank (SGBK.OB) Wednesday reported a second-quarter profit of $2.3 million or $0.27 per share, compared to $5.7 million or $0.69 per share in the same period last year.

Net-interest income increased to $10.1 million from $9.3 million last year. Non-interest income totaled $1.07 million, down from $15.33 million last year.

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