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Sun Bancorp, Inc. Announces $53.7 Million Reversal of Deferred Tax Asset Valuation Allowance; Fourth Quarter Net Income of $2.3 Million, or $0.12 per Diluted Share and Full Year 2016 Net Income of $7.8 Million, or $0.41 per Diluted Share Excluding Valuation Allowance Reversal

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Sun Bancorp, Inc.

Jan 31, 2017, 07:45 ET