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Stock Market & Financial Investment News

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July 18, 2014
13:33 EDTSOCBSouthcoast Financial reports Q2 EPS 10c vs. 99c last year
Reports total assets as of June 30 were $465.0M, compared to $447.4M as of December 31, 2013, an increase of 3.93%. For the first six months of 2014, additions to the allowance for loan losses have not been required. Net income for the quarter ended June 30, 2013, included a one-time tax benefit of $6.42M resulting from the company's recapture of its deferred tax asset valuation allowance, Southcoast noted.
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