Orange National Bancorp, the holding company for...

Orange National Bancorp, the holding company for Orange National Bank in Orange, posted net income of $263,000 for the second quarter, a 16% increase over $226,000 in earnings in last year’s second quarter. Revenue grew 15% to $3.1 million this year from $2.7 million last year. Net income for the first six months was $509,000, a 19% increase over $426,000 in earnings in the same period last year. Revenue rose 17% to $6.1 million from $5.2 million. The company’s assets were $140.3 million at the end of June, a 14% increase over $123 million in assets a year earlier. The bank’s total deposits rose 13% to $128.6 million at the end of June from $114 million a year earlier, while total loans grew 19% to $91.3 million this year from $76.9 million last year.