Advertisement

Pioneer Bancorp, the holding company for Pioneer...

Pioneer Bancorp, the holding company for Pioneer Bank in Fullerton, reported consolidated net income of $651,000 for the third quarter, more than double the $302,000 earned in the same quarter last year. Quarterly revenue rose 30% to $3.5 million from $2.7 million last year. For the 9 months, the company posted net income of $1.5 million, more than double the $733,000 earned in the same period last year. Revenue rose 30% to $9.6 million for the period from $7.4 million last year. Company assets rose 15% to $125.2 million at the end of September from $109.2 million a year earlier.


Advertisement