Slim Gain for Nat’l Bank of Southern California

California Commercial Bankshares, the holding company for National Bank of Southern California, said it earned $151,193 in the first quarter of 1985, a 9% increase over profits of $138,209 for the same quarter of 1984.

Consolidated first-quarter operating income for the Santa Ana bank and its holding company totaled $2.1 million, up 24% from the $1.7 million reported a year ago. National Bank is the primary asset of California Commercial Bankshares.

Deposits at National Bank totaled $63.8 million on March 31, compared to $53.7 million for the end of the first quarter of 1984.

National chairman William Jacoby said the bank has no brokered funds or foreign or agricultural loans and maintains a 10% capital-to-asset ratio. Federal banking regulators require community banks to maintain a capital base of at least 6% of assets.