Liberty National Bank: The Huntington Beach bank...
Liberty National Bank: The Huntington Beach bank recorded a profit of $137,658, or 14 cents a share, for the third quarter. That was down 70% from earnings of $451,384, or 46 cents a share, for the same period of 1992. The bank attributed the reduced profit to the continuing recession. Year-to-date profit declined 62% to $513,121 from $1.4 million. Total assets as of Sept. 30 were $158 million, 12% lower than the $178.6 million reported for the same date in 1992.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
