Adding nearly $1.3 million to reserves for...

Adding nearly $1.3 million to reserves for possible future loan losses caused Pacific Inland Bancorp, the Anaheim holding company for Pacific Inland Bank and Trident Investment Management, to post a loss of $1.4 million for the second quarter, contrasted with net income of $22,991 in last year’s second quarter. Revenue was $2.8 million this year, nearly the same as last year’s second quarter. The company’s assets grew 9% to $90.4 million at the end of June from $83.2 million a year earlier. Deposits rose 9% to $78.2 million at the end of the period from $71.7 million a year earlier, while loans increased 17% to $62.3 million this year from $53.3 million last year.