Stonegate Bank Reports Net Income of $2.2 Million for First Quarter 2012

FORT LAUDERDALE, FL–(Marketwire – Apr 12, 2012) – Stonegate Bank (OTCBB: SGBK) reported a 55% increase in net income in the first quarter of 2012. Net income was $2,242,000 or 27.2 cents per share for the first quarter of 2012, as compared to net income of $1,447,000 or 17.5 cents per share in the first quarter of 2011.

Read the original: Stonegate Bank Reports Net Income of $2.2 Million for First Quarter 2012