Century Bancorp, Inc. Announces Q4 EPS of $.71

Century Bancorp, Inc. CNBKA today announced record net income of $13,574,000 for the year ended December 31, 2010, or $2.45 per share diluted, an increase of 33.6% compared to net income of $10,160,000, or $1.84 per share diluted, for 2009. Total assets increased 8.3% from $2.3 billion at December 31, 2009 to $2.4 billion at December 31, 2010. For the quarter ended December 31, 2010, net income totaled $3,924,000, or $0.71 per share diluted, an increase of 27.2% compared to net income of $3,085,000, or $0.56 per share diluted, for the same period a year ago.