Select Bancorp, Inc.(NasdaqGM:SLCT) dropped from Russell 2000 Value Index

Select Bancorp, Inc. is the bank holding company for Select Bank & Trust Company (the Bank). The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services. The Bank's lending activities are oriented to the consumer/retail customer, as well as to the small-to-medium sized businesses located in the Bank's market areas. The Bank offers commercial, consumer and mortgage lending products. It originates construction loans for the purpose of acquisition, development and construction (ADC) of both residential and commercial properties. The Bank's deposits include savings, negotiable order of withdrawal (NOW) account and money market deposits, time deposits and non-interest-bearing deposits.