By Dave Janoski, Of the Scranton Times-Tribune SCRANTON - Mount Airy Casino founder Louis A. DeNaples yielded to federal bank regulators and resigned from the board of First National Community Bancorp Inc., the bank revealed Thursday.

Security Federal Corp., parent company of Security Federal Bank, announced that a quarterly dividend of $.08 per share will be paid on or about June 15 to shareholders of record as of May 31.

By Jonathan Allen Kelvin Barton, 37, of North Charleston was sentenced to more than 12 years in prison Thursday by District Court Judge Richard M. Gergel, according to a press release from US Attorney Bill Nettles.

For 4QFY2012, Federal Bank reported 38.4% yoy (up 17.7% qoq) growth in its net profit to Rs.238cr, which was in-line with our estimates.

Gupta told CNBC-TV18, “If one looks at the whole fall in the banking, it has been majorly into the PSU banking space and the private baking barring Axis Bank, we haven't seen that kind of crack coming up.