TransWorld Shows Rise in 3rd-Quarter Earnings

TransWorld Bancorp posted a 5% rise in its third-quarter earnings.

During the quarter that ended Sept. 30, TransWorld had earnings of $1.15 million, compared with a $1.09-million profit a year earlier.

For the nine-month period, the Sherman Oaks-based bank posted a $2.79-million profit, down 9% from its $3.06-million profit a year ago.

Total assets as of Sept. 30 fell 2% to $375.3 million.