Pioneer Bancorp, the holding company for Pioneer...

Pioneer Bancorp, the holding company for Pioneer Bank in Fullerton, posted consolidated net income of $475,000 for the second quarter, double the $238,000 earned in last year’s second quarter. Gross quarterly revenue rose 24% to $3.1 million from $2.4 million. In the first six months, the company reported net income of $879,000, more than double the $431,000 earned in the same period last year. Gross revenue rose 28% to $6.1 million in the first six months from $4.7 million in the same period last year. The company’s assets were $122.2 million at the end of March, a 15% increase from $106.3 million a year earlier. The bank’s total deposits rose 14% to $113.3 million at the end of the period from $99.5 million a year earlier, while total loans grew 18% to $86.5 million this year from $73.6 million last year.