TransWorld Bancorp Reports Earnings Gain

TransWorld Bancorp, the Sherman Oaks parent of TransWorld Bank, said its net income grew 13% for the third quarter that ended Sept. 30 to $620,000 from $547,000 a year earlier. The bank’s nine-month profit jumped 17% to $1.84 million from $1.57 million in 1989.

TransWorld had total assets of $226 million on Sept. 30, an increase of 10% from $206 million a year before.