California City Bancorp, a holding company for...

California City Bancorp, a holding company for California City Bank in Orange, posted net income of $163,000 for the third quarter, a 72% increase over the $95,000 earned in last year’s third quarter. Quarterly revenue rose 33% to $1.6 million from $1.2 million last year. For the first 9 months, the company reported not income of $423,000, contrasted with a loss of $442,000 in the same period last year. Total revenue dropped 6% to $3.2 million in the first 9 months form $3.4 million in the same period last year. The company’s total assets rose 36% to $62.5 million at the end of September from $464 milllion a year earlier. The bank’s deposits grew 31% to $54.7 million at the end of the period from $41.6 million a year earlier, and its loan portfolio rose 5% to $34.3 million from $32.6 million a year earlier.