California Commercial Sees 71% Rise in Profits

California Commercial Bankshares of Santa Ana said its unaudited profits for the first quarter increased 71% to $323,869 from $189,393 a year earlier.

Total unaudited assets were $126.4 million, a 35% increase from $93.7 million.

Controller Abdul Memon said the unaudited results should not be substantially different from the final audited report.

California Commercial Bankshares is the holding company for the National Bank of Southern California.