Century Bancorp, Inc. (CNBKA) Tuesday reported first-quarter profit of $4.48 million or $0.81 per share, down from $3.81 million or $0.69 per share in the same period last year.
Net-interest income increased to $14.55 million from $14.40 million last year. Other income amounted to $4.43 million, up from $3.62 million last year.
Provision for loan losses were $750 thousand, compared to $1.1 million last year.
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