BancTrust Financial Group, Inc. Reports Second Quarter Profit

MOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the second quarter and six months ended June 30, 2011. The Company reported that its second quarter 2011 net income, before the preferred dividend, was $806,000 compared with net income, before the preferred dividend, of $969,000 in the second quarter of 2010. Net income available to common shareholders was $35,000, or $0.00 per fully diluted share, for the second quarter of 2011 compared with $206,000, or $0.01 per fully diluted share, for the second quarter of 2010. The second quarter net income available to common shareholders was net of a preferred stock dividend of $771,000 in 2011 and $763,000 in 2010.