Orange National Bancorp Posts Third-Quarter Record

Orange National Bancorp, parent company of Orange National Bank, reported record net income for the third quarter. The company earned $611,000, or 31 cents a share, nearly 4% higher than the $589,000, or 31 cents a share, for the 1995 third quarter. Net income for the nine months fell 21% to $1.5 million, or 77 cents a share, from $1.9 million, or 97 cents a share. Total assets as of Sept. 30 increased 4% to $220.5 million from $211.2 million.