Pacific Inland’s Earnings Rise

A rise in deposits and mortgage refinancings helped boost Pacific Inland Bancorp’s 1991 earnings to $1 million, or 80 cents per share, up from $41,000, or 3 cents per share, the year before.

The Anaheim financial services holding company said Thursday that its assets at the end of 1991 were $145 million, up 44% from $101 million a year earlier.

Meanwhile, Pacific Inland Bank, the company’s principal subsidiary, posted earnings of $682,000.

The bank’s mortgage arm, PIB Mortgage Co., initiated loans of $812 million in 1991, contrasted with $233 million the year before.