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Article: Harbor National Bank Posts Record Growth Figures for Second Quarter 2003.
- Article from:
- Business Wire
- Article date:
- July 15, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--July 15, 2003
Harbor National Bank (OTCBB:HNTB), Orange County's premier business bank with offices in Dana Point, Newport Beach and Anaheim, today announced operating results for the quarter ended June 30, 2003.
For Q2 2003, Harbor National reported total assets of $168 million, an increase of 73% from $97 million in second quarter of 2002. Deposits grew by 68%, from $90.5 million in Q2 2002 to $152 million for Q2 2003, while loans grew by 64%, from $64.4 million to $106 million. Net income for the quarter was $304,000 or $0.12 per share, compared to $133,000 or $0.10 for the prior year's ...