Earnings Increase 53% at Charter Pacific Bank

Charter Pacific Bank, a three-branch bank based in Agoura Hills, said its second-quarter profit rose 53% to $505,000 from $330,000 a year earlier. Six-month earnings increased 8% to $823,000 from $760,000 in 1990’s first half.

The bank also reported that its assets grew to $75.2 million as of June 30, compared to $70.8 million a year earlier.