Fidelity Bank Parent Company Doubles Income

Citadel Holding Corp., the Glendale-based parent company of Fidelity Federal Bank, reported that its net income for the first quarter ended March 31 more than doubled to $7.29 million from $3.02 million a year earlier.

Citadel’s assets totaled $5 billion on March 31, up from $4.78 billion a year earlier.