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Article Excerpt
M2 PRESSWIRE-30 April 2008-Stockwire.com: CHAT LIVE in the only dedicated CHAT ROOM for (OTCBB:ABTN) Alliance Bank & Trust Co. (NC) shareholders!(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30042008
AUSTIN, TX -- STOCKWIRE.com, one of the largest investment websites on the internet, is proud to announce the official launch of this chat room!
Visit the only LIVE CHAT ROOM on the internet dedicated to (OTCBB:ABTN) Alliance Bank & Trust Co. (NC)
---------------------------------------------------------- http://www.stockwire.com/chat
(OTCBB:ABTN) Alliance Bank & Trust Co. (NC) April 29, 5:57 pm ET GASTONIA, N.C.-Alliance Bank & Trust reported net income of $112,000 or $0.04 per diluted share for the quarter ending March 31, 2008, compared to a first quarter income of $206,000 in 2007.
Net interest income for the 3 month ending March 31, 2008 was $1,208,000, an increase of $126,000 or 12 percent over the 3 months ending March 31, 2007.
Assets at March 31, 2008 were $157,227,000, an increase of $35,751,000 or 29 percent over the $121,476,000 in assets reported at March 31, 2007. Loans totaled $128,787,000 at March 31, 2008, an increase of 40 percent over March 31, 2007.
Alliance Bank & Trust specializes in serving the banking...
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