Mariners Bancorp: The San Clemente-based holding company...

Mariners Bancorp: The San Clemente-based holding company for Mariners Bank posted record earnings for 1989 of $913,256, a 95% increase from the $468,152 reported for 1988. For the fourth quarter, net income rose 94%, to $276,809 from $142,329. Total assets as of Dec. 31 totaled $71.5 million, 33% higher than a year earlier.