Georgia Crlna Bancshares Inc (GECR) 23.7500 $GECR
State Bank Financial Corporation Completes Merger With Georgia-Carolina Bancshares, Inc.
GlobeNewswire - Fri Jan 02, 7:30AM CST
State Bank Financial Corporation (Nasdaq:STBZ) announced the completion of its merger with Georgia-Carolina Bancshares, Inc. (OTCQB:GECR). The merger was completed on January 1, 2015, at which time Georgia-Carolina Bancshares was merged into State Bank Financial. First Bank of Georgia, a wholly-owned bank subsidiary of Georgia-Carolina Bancshares, will become a separate bank subsidiary of State Bank Financial.
STBZ: 20.26 (-0.39)
Georgia-Carolina Bancshares Announces Net Income for Third Quarter 2014
GlobeNewswire - Wed Oct 22, 11:04AM CDT
Georgia-Carolina Bancshares, Inc. (GECR.OB) (the "Company"

, parent company of First Bank of Georgia, today announced 2014 third quarter net income of $1,396,000, or $0.38 per diluted common share, for the three months ended September 30, 2014, compared to $843,000, or $0.23 per diluted common share, for the three months ended September 30, 2013. For the year to date period ending September 30, 2014, net income was $3,211,000, or $0.88 per diluted common share, compared to $5,269,000, or $1.47 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. Merger related expenses of $794,000 have been incurred for the nine months ended September 30, 2014. Net income excluding the merger expenses was $3,889,000, or $1.07 per diluted earnings per common share for the first nine months of 2014.
STBZ: 20.26 (-0.39)