MOBILE, Ala. -- South Alabama Bancorp. earned $589,000 in the third quarter, down 3% from the prior year.

The third quarter decrease in earnings is the result of a $60,000 tax credit that boosted 1992 earnings.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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