TransWorld Bank Posts Record Net of $4 Million

TransWorld Bancorp posted record earnings of $4 million last year, a 54% increase over its profit of $2.6 million in 1994.

In the fourth quarter, the Sherman Oaks bank saw its profits climb to $954,000, up 5% from $912,000 in the same period a year earlier.

Total assets as of Dec. 31 were $359.9 million, down 3% from $371.2 million a year earlier.