Coddle Creek Financial Corp. Earnings.

MOORESVILLE, N.C. -- Coddle Creek Financial Corp., (PINK SHEETS:CDLX) the holding company of Mooresville Savings Bank, Mooresville, NC, announced earnings per share for the quarter ending September 30, 2007. and for the year-to-date September 30, 2007. Data on a consolidated basis are as follows:

                    <                   <


Total Assets        <                   <  156,648,000


Total Liabilities   <                   <  137,274,000


Total Equity        <                   <  19,374,000


Net Income          <                   <  330,000


                    <                   <


Earnings per share  <                   <  Quarter to

Year to date
                    <                   <


Basic               <                   <  .25

.57
Diluted             <                   <  .25

.57

The Board of Directors of Coddle Creek Financial Corp. also approved a 25 cent per share dividend at the October 17, 2007 meeting. The dividend will be paid on November 19, 2007 to shareholders of record on November 5, 2007.