El Camino Bank of Anaheim posted second-quarter...
El Camino Bank of Anaheim posted second-quarter earnings of $458,000, a 9.6% increase from the $418,000 earned during that period last year. For the first six months, El Camino posted a 2.5% gain in net income to $822,000 from $802,000. Total income for the second quarter was up slightly to $3 million from $2.9 million a year earlier. Revenue for the first six months was up slightly to $5.8 million over $5.7 million in the same period last year. The bank’s assets increased to $115 million from $114.7 million a year earlier, while total deposits decreased slightly to $103.4 million from $104 million for the same time last year. Loans grew by about 5% to $65.5 million from $62.5 million last year.
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