ROCKY MOUNT, N.C. - Centura Banks Inc. tripled its net income in the second quarter, to $6.2 million, and increased earnings per share to 41 cents, from 15 cents a year earlier.
Earnings for the six months through June 30 climbed 48%, to $12.2 million, or 80 cents a share.
The company, which has $2.8 billion in assets, cited "very positive trends" in net interest margin and noninterest revenue. Noninterest expenses rose slightly because of the settlement of a tax court case and the addition of seven offices acquired from First Federal Savings Association of Raleigh.
