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Article: Harbor National Bank Reports Third Quarter 2003 Results.
- Article from:
- Business Wire
- Article date:
- October 28, 2003
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Business Editors
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Oct. 28, 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 September 30, 2003.
For Q3 2003, Harbor National reported total assets of $177.9 million, an increase of 71% from $103.9 million in the third quarter of 2002. Deposits grew by 78%, from $90.9 million in Q3 2002 to $161.5 million for Q3 2003, while loans grew by 68%, from $66.4 million to $111.4 million. Net income for the quarter was $296,000, or $0.12 per share, compared to $121,000, or $0.09 ...