Crescent Financial Corporation Releases Fourth Quarter/2010 Results

CARY, N.C., Feb. 23, 2011 (GLOBE NEWSWIRE) — Crescent Financial Corporation (Nasdaq:CRFN), parent company of Crescent State Bank headquartered in Cary, N.C., announced an unaudited net loss for the three months ended December 31, 2010, before adjusting for the effective dividend on preferred stock, of (,523,000) compared with a net loss of (,047,000) for the [...] http://bit.ly/h3JTN6