American West Bank’s Profit Jumps 45%

American West Bank announced that its earnings for the third quarter that ended Sept. 30 grew 45% to $224,185 from $154,272 a year earlier.

Meanwhile, total assets at the Encino-based bank increased 5% to $58 million from $55.5 million. American West said that for the nine months that ended Sept. 30, earnings increased 26% to $478,515 from $380,028.