HNB Financial Group Posts Record Earnings
HNB Financial Group, the holding company for Huntington National Bank, posted record earnings of $135,000 in the second quarter, a 35% increase over the $100,000 earned in last year’s second quarter. The Huntington Beach company also reported a record $243,000 net income in the first six months, a 32% increase over the $184,000 earned in the same period last year.
The company, which consists almost entirely of the bank, took a slow-growth approach in the last year, increasing assets just slightly, to $62.5 million from $60.9 million.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.