DUNN, N.C. (AP) _ Select Bancorp Inc. (SLCT) on Tuesday reported fourth-quarter net income of $3.9 million.

On a per-share basis, the Dunn, North Carolina-based company said it had profit of 22 cents.

The bank holding company posted revenue of $20.2 million in the period. Its adjusted revenue was $17.6 million.

For the year, the company reported profit of $8.2 million, or 45 cents per share. Revenue was reported as $58.6 million.

Select Bancorp shares have decreased almost 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.41, a decrease of 18% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLCT at https://www.zacks.com/ap/SLCT

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News