The Southern Banc Company, Inc. Reports Audited Consolidated Earnings Results for Year Ended June 30, 2018
The Southern Banc Company Inc. reported audited consolidated earnings results for the year ended June 30, 2018. For the year, the company’s total interest income was $5,377,948 against $4,216,526 a year ago. Net interest income was $4,571,196 against $3,476,373 a year ago. Net loss was $564,716 or $0.74 per basic and diluted share against $792,391 or $1.03 per basic and diluted share a year ago.