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Article Excerpt
MACON, Ga., April 17 /PRNewswire-FirstCall/ -- Atlantic Southern Financial Group, Inc. today announced record financial results for the first quarter of 2007. Compared with the first quarter of 2006, the Company achieved a 78% increase in net earnings and a 22% increase in diluted earnings per share.
For the first quarter of 2007, net earnings increased to $1,883,000 compared to $1,060,000 a year earlier. Diluted earnings per share increased to $0.44 from $0.36 a year ago.
Mark Stevens, President & CEO, stated, "The first quarter produced record earnings and...
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