First Commerce Bank Reports Profit Gain

First Commerce Bank, Encino, announced net income for the third quarter that ended Sept. 30 of $242,000 compared with a net loss of $252,000 for the same period last year. As of Sept. 30, the bank had assets of $71 million, a 47% increase over assets of $48 million last year.

First Commerce Bank is a full-service commercial bank with offices in Encino and Brentwood.