Pioneer Bancorp, the holding company for Pioneer...
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Pioneer Bancorp, the holding company for Pioneer Bank, reported earnings of $710,000 for the second quarter, a 49% increase from the $475,000 posted for the like period last year. Revenue rose 39%, to $4.3 million from $3.1 million. For the first six months, net income was $1.4 million, up 61% from the $879,000 reported for the first half of 1988. Revenue rose 23%, to $7.5 million from $6.1 million. Total assets increased 14%, to $138.5 million from $121.8 million. Pioneer Bank has offices in Fullerton and Santa Ana.
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