Bank of NC earnings rise

BNC Bancorp, the High Point-based parent company of Bank of North Carolina, said its net earnings rose in the second quarter by about 48 percent from a year ago to $6.1 million. Profits for BNC (NASDAQ: BNCN) were down by about 5 percent from the first quarter due to transaction-related expenses for the highly acquisitive bank, which absorbed banks in both Albemarle and Chapel Hil l during the second quarter. Operating income for the quarter, which excludes transaction-related expenses and other…