Total risk-based capital of 11.4% with all banks "well-capitalized" * Loan loss provision of $26 million builds allowance for loan losses to 3.0% * Net charge-offs decline sequentially to 2.7% of loans from 5.9% of loans * Net interest margin declines to 1.8% on credit cycle related costs MACON, Ga., Oct. 28, 2008 (GLOBE NEWSWIRE) -- Security Bank Corporation (Nasdaq:SBKC) today reported a net operating loss of $19.7 million for the third quarter ended September 30, 2008, compared with net income of $0.6 million for the third quarter of 2007. Diluted earnings per share for the third quarter of 2008 reflected a loss of $0.85 per share compared to diluted earnings of $0.03 per share for the third quarter of 2007. The decrease in diluted earnings per share for the third quarter of 2008 is primarily driven by a $26 million...
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