Pacific Crest Reports Net Income of $1.2 Million

Pacific Crest Capital Inc. reported a net income for the third quarter ended Sept. 30 of $1.2 million, compared to a net income of $1.3 million for the same period last year. Total deposits increased $21.2 million to a total of $495.2 million, compared to a total of $408.2 million for the same quarter last year.

Pacific Crest Holding Co. is a financial institution holding company that offers banking services through its subsidiary Pacific Crest Bank, an FDIC insured, state chartered institution.