By Mecklenburg Times staff reports
Published: May 3,2011
First Trust Bank said its net income rose 17 percent in the first quarter from the same quarter last year. The Charlotte-based company reported first-quarter net income of $620,000, or 13 cents per diluted share, up from net income of $528,000, or 11 cents per diluted share, for the first quarter of 2010. First Trust Bank’s assets [...]
By Sam Boykin, staff writer
Published: February 8,2011
First Trust Bank in Charlotte put in a high bid of $2.4 million for Midtown Sundries bar and restaurant in Cornelius during a foreclosure sale Friday at the Mecklenburg County Courthouse. The purchase is not yet final, as there’s a 10-day period following a foreclosure sale during which an upset bid can be filed. The North Carolina [...]
By Mecklenburg Times staff reports
Published: January 28,2011
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 [...]
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