Fourth-quarter interest income and margins rose at Park Sterling (PSTB) in Charlotte, N.C., after an acquisition that doubled its assets.

The holding company for Park Sterling Bank swung to a quarterly profit of $1.3 million from a loss of nearly $1 million a year earlier. The bank's per-share earnings of 8 cents were in line with the expectations of analysts polled by Bloomberg.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.