Georgia Crlna Bancshares Inc (GECR) 21.8500 $GECR
Georgia-Carolina Bancshares Announces Net Income for Second Quarter 2014
GlobeNewswire - Wed Jul 30, 12:18PM CDT
Georgia-Carolina Bancshares, Inc. (OTCQB:GECR) (the "Company"
, parent company of First Bank of Georgia, today announced 2014 second quarter income of $963,000, or $0.27 per diluted common share, for the three months ended June 30, 2014, compared to $2,119,000 or $0.59 per diluted common share, for the three months ended June 30, 2013. For the year to date period ending June 30, 2014, the Company earned $1,815,000, or $0.50 per diluted common share, compared to $4,426,000 or $1.24 per diluted common share for the same period in 2013. During the second quarter of 2014, the Company announced a pending merger with State Bank Financial Corporation, which is anticipated to close in early 2015, and incurred merger related charges of $641,000 for the six months ended June 30, 2014. The majority of these charges were incurred during the second quarter. The reported net income for Georgia-Carolina Bancshares, Inc. excluding the merger charges were $1,430,000, or $0.39 per diluted common share for the second quarter of 2014, and $2,287,000, or $0.63 diluted earnings per common share for the first six months of 2014.
State Bank Financial Corporation and Georgia-Carolina Bancshares, Inc. Announce Merger
GlobeNewswire - Tue Jun 24, 7:07AM CDT
State Bank Financial Corporation (Nasdaq:STBZ), the holding company for State Bank and Trust Company, and Georgia-Carolina Bancshares, Inc. (OTCQB:GECR) jointly announced today the signing of a definitive agreement for State Bank Financial to acquire Georgia-Carolina Bancshares and its wholly-owned subsidiary, First Bank of Georgia, in a cash and stock transaction with a purchase price of approximately $82 million, or $22.35 per share. The transaction value at the time of the merger may change due to fluctuations in the price of State Bank Financial common stock.
Georgia-Carolina Bancshares Announces Another Strong Earnings Year & Quarterly Cash Dividend
GlobeNewswire - Thu Jan 30, 12:22PM CST
Georgia-Carolina Bancshares, Inc. (GECR) (the "Company" , parent company of First Bank of Georgia, today reported net income of $6,204,000, or $1.73 per diluted common share, for the year ended December 31, 2013. Remer Y. Brinson III, President & CEO of the Company stated, "We are very pleased to report another very strong earnings performance for 2013, similar to our record year in 2012. The 2013 earnings represent a 1.26% return on average assets and a 10.68% return on average equity. While slightly below the $6,621,000, or $1.84 per diluted common share, earned in 2012, we are very pleased with our 2013 results."
Georgia-Carolina Bancshares Announces Increased Net Income in Second Quarter 2013
GlobeNewswire - Wed Jul 24, 2:44PM CDT
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR) (the "Company" , parent company of First Bank of Georgia, today reported net income of $2,119,000, or $0.59 per diluted common share, for the three months ended June 30, 2013, compared to net income of $1,703,000, or $0.47 per diluted common share, for the three months ended June 30, 2012. The Company reported net income of $4,426,000, or $1.24 per diluted common share, for the six months ended June 30, 2013, compared to net income of $2,987,000, or $0.83 per diluted common share for the six months ended June 30, 2012. Book value totaled $16.00 per common share at June 30, 2013.
Georgia-Carolina Bancshares Reports Record First Quarter Earnings and Increase in Quarterly Dividend
GlobeNewswire - Tue Apr 23, 11:15AM CDT
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR), parent company of First Bank of Georgia, today reported 2013 first quarter net income of $2,307,000 ($0.65 per diluted common share), compared to $1,284,000 ($0.36 per diluted common share) for the three months ended March 31, 2012. This net income represents a 16.36% return on average equity and a 1.94% return on average assets (both annualized). Book value totaled $16.40 per common share at March 31, 2013, up from $14.28 at March 31, 2012.
Georgia-Carolina Bancshares Declares Cash Dividend
GlobeNewswire - Fri Feb 01, 12:02PM CST
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR), parent company of First Bank of Georgia, today reported that the Board of Directors has declared a quarterly cash dividend of $0.04 per share of common stock payable on February 19, 2013, to shareholders of record as of February 12, 2013.
Georgia-Carolina Bancshares Announces Record Annual Earnings
GlobeNewswire - Wed Jan 30, 10:08AM CST
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR) (the "Company" , parent company of First Bank of Georgia, today reported net income of $6,621,000, or $1.84 per diluted common share, for the twelve months ended December 31, 2012, compared to net income of $4,099,000, or $1.15 per diluted common share, for the twelve months ended December 31, 2011. The Company reported that net income totaled $1,392,000, or $0.39 per diluted common share, for the three months ended December 31, 2012, compared to net income of $938,000, or $0.26 per diluted common share, for the three months ended December 31, 2011.
Georgia-Carolina Bancshares Announces Net Income for Second Quarter 2014
GlobeNewswire - Wed Jul 30, 12:18PM CDT
Georgia-Carolina Bancshares, Inc. (OTCQB:GECR) (the "Company"
, parent company of First Bank of Georgia, today announced 2014 second quarter income of $963,000, or $0.27 per diluted common share, for the three months ended June 30, 2014, compared to $2,119,000 or $0.59 per diluted common share, for the three months ended June 30, 2013. For the year to date period ending June 30, 2014, the Company earned $1,815,000, or $0.50 per diluted common share, compared to $4,426,000 or $1.24 per diluted common share for the same period in 2013. During the second quarter of 2014, the Company announced a pending merger with State Bank Financial Corporation, which is anticipated to close in early 2015, and incurred merger related charges of $641,000 for the six months ended June 30, 2014. The majority of these charges were incurred during the second quarter. The reported net income for Georgia-Carolina Bancshares, Inc. excluding the merger charges were $1,430,000, or $0.39 per diluted common share for the second quarter of 2014, and $2,287,000, or $0.63 diluted earnings per common share for the first six months of 2014. State Bank Financial Corporation and Georgia-Carolina Bancshares, Inc. Announce Merger
GlobeNewswire - Tue Jun 24, 7:07AM CDT
State Bank Financial Corporation (Nasdaq:STBZ), the holding company for State Bank and Trust Company, and Georgia-Carolina Bancshares, Inc. (OTCQB:GECR) jointly announced today the signing of a definitive agreement for State Bank Financial to acquire Georgia-Carolina Bancshares and its wholly-owned subsidiary, First Bank of Georgia, in a cash and stock transaction with a purchase price of approximately $82 million, or $22.35 per share. The transaction value at the time of the merger may change due to fluctuations in the price of State Bank Financial common stock.
Georgia-Carolina Bancshares Announces Another Strong Earnings Year & Quarterly Cash Dividend
GlobeNewswire - Thu Jan 30, 12:22PM CST
Georgia-Carolina Bancshares, Inc. (GECR) (the "Company"
, parent company of First Bank of Georgia, today reported net income of $6,204,000, or $1.73 per diluted common share, for the year ended December 31, 2013. Remer Y. Brinson III, President & CEO of the Company stated, "We are very pleased to report another very strong earnings performance for 2013, similar to our record year in 2012. The 2013 earnings represent a 1.26% return on average assets and a 10.68% return on average equity. While slightly below the $6,621,000, or $1.84 per diluted common share, earned in 2012, we are very pleased with our 2013 results." Georgia-Carolina Bancshares Announces Increased Net Income in Second Quarter 2013
GlobeNewswire - Wed Jul 24, 2:44PM CDT
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR) (the "Company"
, parent company of First Bank of Georgia, today reported net income of $2,119,000, or $0.59 per diluted common share, for the three months ended June 30, 2013, compared to net income of $1,703,000, or $0.47 per diluted common share, for the three months ended June 30, 2012. The Company reported net income of $4,426,000, or $1.24 per diluted common share, for the six months ended June 30, 2013, compared to net income of $2,987,000, or $0.83 per diluted common share for the six months ended June 30, 2012. Book value totaled $16.00 per common share at June 30, 2013. Georgia-Carolina Bancshares Reports Record First Quarter Earnings and Increase in Quarterly Dividend
GlobeNewswire - Tue Apr 23, 11:15AM CDT
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR), parent company of First Bank of Georgia, today reported 2013 first quarter net income of $2,307,000 ($0.65 per diluted common share), compared to $1,284,000 ($0.36 per diluted common share) for the three months ended March 31, 2012. This net income represents a 16.36% return on average equity and a 1.94% return on average assets (both annualized). Book value totaled $16.40 per common share at March 31, 2013, up from $14.28 at March 31, 2012.
Georgia-Carolina Bancshares Declares Cash Dividend
GlobeNewswire - Fri Feb 01, 12:02PM CST
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR), parent company of First Bank of Georgia, today reported that the Board of Directors has declared a quarterly cash dividend of $0.04 per share of common stock payable on February 19, 2013, to shareholders of record as of February 12, 2013.
Georgia-Carolina Bancshares Announces Record Annual Earnings
GlobeNewswire - Wed Jan 30, 10:08AM CST
Georgia-Carolina Bancshares, Inc. (OTCBB:GECR) (the "Company"
, parent company of First Bank of Georgia, today reported net income of $6,621,000, or $1.84 per diluted common share, for the twelve months ended December 31, 2012, compared to net income of $4,099,000, or $1.15 per diluted common share, for the twelve months ended December 31, 2011. The Company reported that net income totaled $1,392,000, or $0.39 per diluted common share, for the three months ended December 31, 2012, compared to net income of $938,000, or $0.26 per diluted common share, for the three months ended December 31, 2011. 
