Charter Pacific Earnings Up 5% in 2nd Quarter

Charter Pacific Bank of Agoura Hills said its earnings grew to $304,000 in the second quarter that ended June 30, up 5% from $289,000 last year.

For the first six months of 1996, earnings were up 12% to $667,000 from $598,000 in the same period last year.

Average assets for the period were $80 million and the return on average assets was 1.10%, a slight decline from last year’s figure of 1.58%.