Century Bancorp Inc. (CNBKA) Tuesday reported first-quarter net income of $4.5 million or $0.81 per Class A share, compared with $3.8 million or $0.69 per Class A share in the comparable quarter last year.
Net interest income for the quarter increased 1.0% to $14.5 million from $14.4 million in the prior year, while total other operating income was $4.4 million, up from $3.6 million a year ago.
Further, the company's Board of Directors voted a regular quarterly dividend of $0.12 per share on the company's Class A common stock, $0.06 per share on the company's Class B common stock. The dividends were declared payable May 15, 2013 to stockholders of record on May 1, 2013.
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