Huntington National Bank in Huntington Beach posted...
Huntington National Bank in Huntington Beach posted net income of $187,000 for the first quarter, a 78% increase over $105,000 in last year’s first quarter. Total quarter income rose 12.5% to $1.8 million from $1.6 million. At the end of March, the bank had $66.5 million in assets, a 12% increase over $59.2 million in assets a year earlier. Total deposits rose 12% to $60.5 million at the end of the quarter from $54.2 million a year earlier, while its loan portfolio grew 28% to $51.8 million from $40.4 million.
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