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Dana Niguel Bank posted net income of...

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Dana Niguel Bank posted net income of $108,000 for the first quarter, a 21% increase over $89,000 earned in last year’s first quarter. At the end of March, the bank had total assets of $36.4 million, a 4.5% increase over $34.8 million year earlier. Total deposits rose 3.5% to $33.2 million at the end of the quarter from $32.1 million a year earlier, while total loans grew 15% to $20.3 million from $17.7 million.

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