SAN DIEGO COUNTY - News from Oct. 8, 1985
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Bank of Commerce reported earnings of $211,000, up 235%, for the third quarter ended Sept. 30. For the six months, earnings increased 37% to $388,000. President Peter Q. Davis attributed the earnings rise partly to an 8% reduction in expenses. Assets rose 7.1% to nearly $79 million; deposits increased 5.2% to $72.1 million, and loans jumped 7.5% to $60.5 million.
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