MEDFORD, Mass. (AP) _ Century Bancorp Inc. (CNBKA) on Tuesday reported second-quarter earnings of $10.8 million.

The Medford, Massachusetts-based bank said it had earnings of $1.94 per share.

The bank posted revenue of $39.8 million in the period. Its revenue net of interest expense was $34.1 million, which beat Street forecasts.

Century Bancorp shares have risen 48% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $114.15, a rise of 58% in the last 12 months.

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