 DUNN, N.C., April 28, 2021 GLOBE NEWSWIRE -- Select Bancorp, Inc. NASDAQ: SLCT the Company, the holding company for Select Bank Trust Company, today reported net income for the quarter ended March 31, 2021 of 6.3 million with basic and diluted earnings per share of 0.36, compared to net income of 1.1 million with basic and diluted earnings per share of 0.06 for the comparative quarter ended March 31, 2020. The increase in net income in the first quarter of 2021 compared to 2020 was primarily attributable to an increase in earnings from the three additional western North Carolina branches that were acquired in April of 2020, an increase in non-interest income and a reduction in the provision for loan losses. 