Charter Pacific Earnings Up 5% in 2nd Quarter
Charter Pacific Bank of Agoura Hills said its earnings grew to $304,000 in the second quarter that ended June 30, up 5% from $289,000 last year.
For the first six months of 1996, earnings were up 12% to $667,000 from $598,000 in the same period last year.
Average assets for the period were $80 million and the return on average assets was 1.10%, a slight decline from last year’s figure of 1.58%.
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