SELECT BANCORP, INC. (NASDAQ:SLCT) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
|
Results of Operations and Financial Condition. |
On May 3, 2017, Select Bancorp, Inc. (the Registrant) announced
financial results for the first quarter ended March 31, 2017. A
copy of the press release (the Press Release) announcing the
Registrants results for the first quarter, including a table of
selected financial information, is furnished as Exhibit 99.1
hereto and incorporated by reference herein.
This information contained in Item 2.02 of this Current Report
shall not be deemed filed for purposes of section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits |
| Exhibit No. | Description | |
| 99.1 |
Press release dated May 3, 2017, regarding the Registrants financial results for the first quarter ended March 31, 2017. |
This Current Report on Form 8-K (including information included
or incorporated by reference herein) may contain, among other
things, certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including,
without limitation, (i)statements regarding certain of
Registrants goals and expectations with respect to earnings,
income per share, revenue, expenses and the growth rate in such
items, as well as other measures of economic performance,
including statements relating to estimates of credit quality
trends, and (ii)statements preceded by, followed by or that
include the words may, could, should, would, believe, anticipate,
estimate, expect, intend, plan, projects, outlook or similar
expressions. These statements are based upon the current belief
and expectations of Registrants management and are subject to
significant risks and uncertainties that are subject to change
based on various factors (many of which are beyond Registrants
control).
About SELECT BANCORP, INC. (NASDAQ:SLCT)
Select Bancorp, Inc. is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services. The Bank’s lending activities are oriented to the consumer/retail customer, as well as to the small-to-medium sized businesses located in central and eastern North Carolina. The Bank offers commercial, consumer and mortgage lending products. It originates construction loans for the purpose of acquisition, development and construction of both residential and commercial properties (ADC loans). The Bank’s deposits include savings, negotiable order of withdrawal (NOW) account and money market deposits, time deposits and non-interest-bearing deposits. SELECT BANCORP, INC. (NASDAQ:SLCT) Recent Trading Information
SELECT BANCORP, INC. (NASDAQ:SLCT) closed its last trading session up +0.02 at 12.00 with 22,146 shares trading hands.