Pioneer Bancorp, the holding company for Pioneer...

Pioneer Bancorp, the holding company for Pioneer Bank in Fullerton, posted net income of $2.1 million last year, more than double the $1 million earned the previous year. Annual revenue grew 27% to $13.2 million last year from $10.4 million in 1987. For the fourth quarter, the company earned $560,000, a 94% increase over $288,000 in the last quarter of 1987. Quarterly revenue rose 23% to $3.7 million last year from $3 million in 1987. The company’s assets at the end of December were $129.4 million, a 20% increase over $108.1 million in assets a year earlier. Total deposits rose 18% to $118.7 million at the end of the year from $100.4 million a year earlier, while total loans grew 11% to $93.3 million from $84.3 million.