Bank Holding Company Posts 5-Cents-a-Share Earnings?

Summary


By Register Staff NEW HAVEN -- Southern Connecticut Bancorp Inc. announced Friday it earned net income of $133,749, or 5 cents a share, in 2008, compared with a loss of $573,681, or 19 cents a share, the previous year.

The business, which is the holding company for The Bank of Southern Connecticut, reported its year-end earnings after the stock market closed. The company's shared closed Friday at $7.10, down 8 cents.

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Bank Holding Company Posts 5-Cents-a-Share Earnings?

For the fourth quarter alone, the company reported a lo...

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