1985 Net Income Up 32%, Frontier Group Reports
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Frontier Group Inc. reported 1985 net income of $717,000, a 32% gain from $543,000 the year earlier.
The Buena Park-based parent of Frontier Bank attributed the improvement to “controlled growth” and its ability to hold down operating expenses.
The company reported total assets rose from $34.2 million to $46.4 million, a 35% increase. Deposits rose from $29.2 million last year to $40.1 million, a 38% increase.
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