American West Bank Profits Up for Quarter

American West Bank in Encino said its second-quarter profit rose 26% from a year earlier, to $204,323 from $162,576.

For the first half of 1990, American West’s earnings totaled $409,211, up 61% from $254,094 in the same quarter of last year. The bank, which caters to local businesses, had assets totaling $66.4 million as of June 30, up 23% from $54.1 million a year earlier.