 DUNN, N.C., Aug. 02, 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 June 30, 2021 of 5.6 million with basic and diluted earnings per share of 0.33 and 0.32, respectively, compared to net income of 681,000 with basic and diluted earnings per share of 0.04 for the comparative quarter ended June 30, 2020. The increase in net income in the second quarter of 2021 compared to 2020 was primarily attributable to loan growth and an increase in earnings from the three additional western North Carolina branches that were acquired in April of 2020, plus an increase in non-interest income and a recovery of provision for loan losses. 