Lincolnton, N.C.-based Carolina Trust BancShares Inc. adjusted its previously reported earnings for the quarter ended Dec. 31, 2017, to account for a $158,000 adjustment related to the new corporate tax rate.
Carolina Trust BancShares' net loss for the quarter has been revised to $354,000, or 7 cents per share. The company on Jan. 26 reported a net loss of $196,000, or 4 cents per share, for the quarter.