Highland Bancorp Posts Gain for 4th Quarter

Highland Bancorp Inc. of Burbank reported net income of $2.8 million for the fourth quarter ended Dec. 31, compared with $2.2 million for the same period the previous year.

The company’s total assets at the end of 1999 were $654.8 million, compared with $604.8 million at the close of 1998.

Highland Bancorp is the holding company for Highland Federal Bank, a consumer and commercial lender with seven retail branches in California.