Valencia Bank Reports Increase in Revenue
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Valencia Bank & Trust reported that net income for the first quarter ended March 31 rose to $521,000, a 30% increase above net income of $401,000 for the same period last year. Revenue increased 13% to $4 million compared with $3.57 million for the same period last year.
Valencia Bank & Trust is an independent bank. It merged with First Valley National Bank in December.
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