SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 11, 2004
NEW CENTURY BANCORP, INC.
(Exact name of Registrant as specified in its charter)
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North Carolina | | 000-50400 | | 20-0218264 |
(State or other jurisdiction of incorporation) | | (Commission File No.) | | (IRS Employer Identification No.) |
700 W. Cumberland Street, Dunn, North Carolina 28335
(Address of principal executive offices)
Registrant’s telephone number, including area code (910) 892-7080
Not Applicable
(Former address of principal executive offices)
ITEM 5. OTHER EVENTS AND REQUIRED FD DISCLOSURE.
On May 11, 2004, New Century Bancorp, Inc. (the “Registrant”) announced financial results for the first quarter ended March 31, 2004, reporting net income of $84,000 and earnings per common share of $0.03 (basic and diluted). A copy of the earnings press release (the “Press Release”) announcing the Registrant’s financial results for the first quarter ended March 31, 2004 is attached hereto as Exhibit 99.1 and incorporated by reference into this Item 5.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following exhibits are filed herewith:
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EXHIBIT NO.
| | DESCRIPTION OF EXHIBIT
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99.1 | | Press Release dated May 11, 2004 with respect to the Registrant’s financial results for the first quarter ended March 31, 2004 |
ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On May 11, 2004, the Registrant announced financial results for the first quarter ended March 31, 2004, reporting net income of $84,000 and earnings per common share of $0.03 (basic and diluted). A copy of the Press Release announcing the Registrant’s results for the first quarter ended March 31, 2004 is attached hereto as Exhibit 99.1 and incorporated by reference into this Item 12.
This Current Report on Form 8-K (including information included or incorporated by reference herein) may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements regarding certain of our goals and expectations with respect to earnings, earnings per share, revenue, expenses and the growth rate in such items, as well as other measures of economic performance, including statements relating to estimates of credit quality trends, and (ii) statements preceded by, followed by or that include the words “may”, “could”, “should”, “would”, “believe”, “anticipate”, “estimate”, “expect”, “intend”, “plan”, “projects”, “outlook” or similar expressions. The actual results might differ materially from those projected in the forward-looking statements for various reasons, including, but not limited to, our ability to manage growth, our limited operating history, substantial changes in financial markets, regulatory changes, changes in interest rates, loss of deposits and loan demand to other savings and financial institutions, and changes in real estate values and the real estate market. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Registrant’s SEC filings, including its periodic reports under the Securities Exchange Act of 1934, as amended, copies of which are available upon request from the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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NEW CENTURY BANCORP, INC. |
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By: | | /s/ John Q. Shaw, Jr.
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| | John Q. Shaw, Jr. |
| | President and CEO |
Dated: May 11, 2004
EXHIBIT INDEX
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Exhibit Number
| | Description of Exhibit
|
99.1 | | Earnings Press Release dated May 11, 2004 |