Peninsula Bank reported that net income rose...
- Share via
Peninsula Bank reported that net income rose 11.1%, to $381,448, for the first quarter ended March 31, up from $343,481 during the previous first quarter. Total assets rose 12.2% to $146 million, up from $130 million a year ago. Deposits rose 11.4%, to $135 million, from the $121 million reported a year earlier.
The recently finished quarter was the most profitable first quarter in Peninsula’s 13-year history, according to Chief Administrative Officer L. L. Willette.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
