Scripps Bank reported that net income rose...

Scripps Bank reported that net income rose by 93% to $451,000 for the year ended Dec. 31, 1987, compared to $234,000 for the previous year. Assets rose by 4.5% to $62 million, up from $59.3 million for the previous year. Deposits rose by 4% to $56.8 million from $54.6 million. Total loans rose by 6% to $41.5 million from $38.2 million.