The Traderszone Network

Published in TZ Latest News 26 October, 2017 by The TZ Newswire Staff

SouthCrest Financial Group Reports preliminary 3Q17 earnings: Alabama Branch Sale Completed

ATLANTA, Oct. 26, 2017 (GLOBE NEWSWIRE) — Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the Company reported preliminary net income of $1.87MM or $0.22/share for the third quarter ended June 30, 2017.  Excluding the impact of the Alabama branch sale closing and OREO expenses due to a previously closed branch, net income would have been $0.9MM or $0.11/share.