ECB Bancorp Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter ended September 30, 2009, net income was $346,000, which compares to net income for the three months ended September 30, 2008 of $1,009,000. After adjusting for $263,000 in preferred stock dividends and accretion of warrant discount, net income available to common shareholders for the three months ended September 30, 2009 was $83,000 or $0.03 per diluted share compared to $0.35 per diluted share for the three months ended September 30, 2008. The company reported income before income taxes of $192,000 and total interest income of $10.3 million compared to income before income taxes of $1.25 million and total interest income of $9.87 million for the same period a year ago. For the nine months ended September 30, 2009, net income was $2,399,000, which compares to net income for the nine months ended September 30, 2008 of $3,157,000. After adjusting for $738,000 in preferred stock dividends and accretion of warrant discount, net income available to common shareholders for the nine months ended September 30, 2009 was $1,661,000 or $0.58 per diluted share compared to $1.09 per diluted share for the same period in 2008. The company reported income before income taxes of $2.9 million and total interest income of $30.85 million compared to income before income taxes of $4.03 million and total interest income of $29.39 million for the same period a year ago. For the quarter the company declared a common stock dividend of $0.1825 per share, or $0.73 per share on an annualized basis, representing an identical dividend for 2009 as declared in 2008.

ECB Bancorp Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).

ECB Bancorp Inc., Board Meeting, Sep 15, 2009 Agenda: To declare a cash dividend of $0.1825 per share of common stock.