Valencia Bank Reports Gains in Income, Deposits
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Valencia National Bank reported that its net income for the second quarter, which ended June 30, was $139,339, up from a net loss of $12,893 for the same period a year ago.
The Valencia-based bank reported that its deposits rose 71% from $20 million a year ago to $34.3 million, while its total assets increased 65% from $23.8 million to $39.4 million.
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