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Company Description (as filed with the SEC)
Select Bancorp, Inc. (the "Registrant") (formerly New Century Bancorp, Inc.) was incorporated under the laws of the State of North Carolina on May 14, 2003, at the direction of the Board of Directors of Select Bank & Trust Company, for the purpose of serving as the bank holding company for Select Bank & Trust Company and became the holding company for Select Bank & Trust Company on September 19, 2003. To become Select Bank & Trust Company's holding company, the Registrant received the approval of the Federal Reserve Board as well as Select Bank & Trust Company's shareholders. Upon receiving such approval, each outstanding share of common stock of Select Bank & Trust Company was exchanged on a one-for-one basis for one share of common stock of the Registrant. On July 25, 2014, New Century Bancorp, Inc. and New Century Bank adopted and changed their names to Select Bancorp, Inc. and Select Bank & Trust Company, respectively. ... More ...
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|Annual EPS Est:||$0.27|
|Quarterly EPS Est:||0.15|