American Interstate Net More Than Triples
American Interstate Bank in Newport Beach posted second-quarter net income of $218,000, more than three times the $69,000 earned a year earlier. Net income in the first six months also tripled to $299,000 from $95,000 in the first half of 1986.
At the end of June, the bank had $61.4 million in assets, a 16.9% increase from $52.5-million reported a year earlier.
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