Southern Community Financial Corp. (Nasdaq:SCMF) announced that it earned $138 thousand in the third quarter of 2011, equating to $0.01 per common share. This is its second consecutive quarterly profit since the onset of the financial crisis in fourth quarter of 2008.third quarter results compare to a net income available to common shareholders of $511 thousand for the second quarter of 2011 and a net loss available to common shareholders of $8.6 million a year ago. Net income per diluted share of $0.01 in the third quarter improved significantly from a net loss per diluted share of $0.51 for the third quarter 2010. Net income available to common shareholders in the second quarter 2011 was $0.03 per diluted share.

Southern Community Financial Corporation operates as the holding company for Southern Community Bank and Trust that provides a range of financial services to individuals, businesses, and nonprofit organizations.

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