C1 Financial (BNK) Tops Q2 EPS by 6c
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C1 Financial Reports 2015 Second Quarter Results
July 16, 2015 4:30 PM EDTST. PETERSBURG, Fla., July 16, 2015 /PRNewswire/ --Â C1 Financial, Inc. (NYSE: BNK) today reported net income of $4.7 million, or $0.29 per diluted common share for the second quarter of 2015 ("2Q15"), compared to net income of $3.2 million, or $0.20 per diluted common share for the first quarter of 2015 ("1Q15"). The net income for 2Q15 included a $2.6 million pre-tax gain on sale of land, a $1.2 million pre-tax provision for loan loss expense related to the general reserve and in addition to the allowance for net loan growth, a $393 thousand recovery related to a single loan, and a... More
