In Briefs: N.C. Thrift a Big Hit In Debut on the Amex

Stone Bancorp, the holding company of Mocksville Savings Bank, converted from a mutual to a stock company and began trading on the American Stock Exchange April 1. The stock of the $85 million-asset company closed that first day at $17.50, up from the offering price of $15 a share, according to SNL Securities. Gross proceeds from the offering were $27.4 million, SNL reported.

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