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First Trust Bank reports $2.3M 4Q net loss

Charlotte-based First Trust Bank today said it had a net loss of $2.3 million, or 48 cents a share, for the fourth quarter of 2010.

Also today, the bank reported a loss of $3.9 million, or 81 cents a share, for 2010.

For the fourth quarter of 2009, the bank had net income of $316,000, or 7 cents a share.

In 2009, it had net income of $2.8 million, or 58 cents a share.

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