Sunwest Bank: The Tustin bank posted a...

Sunwest Bank: The Tustin bank posted a 76% increase in net income for 1989, to $2.7 million from $1.5 million a year ago. Revenue rose 36%, to $31.2 million from $22.9 million. Assets totaled $287.9 million, up 24% from the $232.7 million reported at the end of 1988. For the fourth quarter, net income was $855,000, about 76% higher than the $487,000 posted for the like period in 1988. Revenue increased about 31%, to $8.2 million from $6.3 million. Sunwest is a wholly owned subsidiary of West Coast Bancorp.