Lincoln Bancorp Reports a 25% Jump for First Quarter
Encino-based Lincoln Bancorp, parent company of Lincoln National Bank, reported a 25% jump in first-quarter earnings, to $308,144, or 19 cents a share, over the same period a year earlier.
Lincoln, which specializes in middle-market lending to small- and medium-sized companies, had total assets of $196.7 million at the end of March, up 32% from the previous year. Lincoln has offices in Encino and Beverly Hills.
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