ATLANTA, April 25, 2013 (GLOBE NEWSWIRE) -- State Bank Financial Corporation (Nasdaq:STBZ) today announced unaudited financial results for the quarter ended March 31, 2013. Net loss for the first quarter was $1.2 million, compared to net income of $3.2 million for the fourth quarter of 2012 and net income of $5.1 million for the first quarter of 2012. Fully diluted loss per share was $.04 for the first quarter compared to fully diluted earnings per share of $.09 in the fourth quarter of 2012 and fully diluted earnings per share of $.16 in the first quarter of 2012.
State Bank Reports First Quarter Financial Results; Positive Fundamental Trends Obscured By Timing Of Revenue Recognition
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