Earnings Set Record for La Jolla/Fairbanks

The holding company for National Bank of La Jolla and National Bank of Fairbanks Ranch on Monday reported record earnings of $722,000 for 1986, compared to a loss in 1985 of $73,000.

Assets rose 56% to $197 million, deposits increased 58% to $179 million and net loans climbed 28% to $97 million.